AML Regulatory Reporting Oversight Officer, Citi

Citi

Location:

Poland, Warsaw

Category:

Finance

Contract Type:

Employment contract

Salary:

Not provided

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Job Description:

The UK, Europe, and MEA AML Regulatory Reporting Oversight Officer is responsible for execution oversight and risk management for the AML Regulatory Reporting Program across the UK, Europe, and MEA clusters. This includes oversight of transactional and non-transactional regulatory reporting and related governance.

Job Responsibility:

Assist UK, EUROPE AND MEA AML Regulatory Reporting Head for the execution oversight and risk management of the AML Regulatory Transaction Reporting and AML Regulatory Non-Transaction Reporting and SAR Reports activities across the UK, EUROPE AND MEA countries
Host periodic governance forums at countries, UK, EUROPE AND MEA clusters level and incorporate into global governance committee for AML Regulatory Reporting as a standing agenda item
Ensure a robust process to collect, consolidate and present the required reporting elements to the respective governance structure and the AML Program Reporting Office
Review and assess results of Country Regulatory Reporting Contact assessments and validations related to local law changes, local regulator requests re-filings, regulatory reporting metrics, Issue/CAP details and progress, any updates to regulation management, QA/MCA results
Escalate regulatory reporting matters of concern to the UK, EUROPE AND MEA AML Regulatory Reporting Head, Cluster and Global Governance Committees
Escalate issues to the clusters, global forums/committee, and work with appropriate teams to address them
Verify countries which do not have a local AML regulatory reporting-related requirements to remain out of scope
Ensure that all the cluster level AML Regulatory Reporting execution oversight and risk management duties are carried out effectively in a manner consistent with established Policies, Standards and Guidelines

Requirements:

Bank Secrecy Act knowledge
Knowledge of Global AML Regulatory Reporting Standard, Global SAR Standard, Global ICRM Regulatory Reporting Guidelines and country-level regulatory reporting requirements across UK, EUROPE AND MEA clusters
Knowledge of Citi’s Internal Audit methodologies and ability to drive engagement with all key stakeholders
Ability to drive targeted reviews and identify key risk areas for effective AML Reporting Risk mitigation
Excellent knowledge of regulatory reporting processes and requirements
Demonstrated experience in Change Management, Strategic Business Analysis and Process Reengineering
Deep knowledge of Citi’s AML related systems and tools to effectively influence the process enhancements
Be able to work with stakeholders from Business/Ops, AML Compliance Risk Management, ICRM, Technology and country-level stakeholders to drive changes
Practice Global Standards for AML Regulatory Reporting, measure performance on a periodic basis and highlight any risk areas with key stakeholders
Solid leadership skills and ability to collaborate with stakeholders with integrity and ethics
Interpersonal skills and ability to work well in a team environment collaborating across diverse groups
Experience in creating and implementing processes across AML/BSA & Business/Ops related groups
Strong mentor, tutor, coach for Country Regulatory Reporting contacts
Ability to motivate staff, improve newly developed processes and identify opportunities for further improvements to achieve efficiency, productivity, and quality control
Strong research, analytical, problem-solving and risk management skills
Effective planning and organizational skills
Solid PC skills (Microsoft Office)

Nice to have:

Preferred additional risk management experience in AML regulatory reporting related matters
Experience in stakeholder engagement with AML/ICRM, Risk Management, Technology, and other relevant support functions
AML Certification or additional studies related to AML or financial crimes
Good knowledge of the laws and regulations relating to AML/CFT, FATCA regulations and practices
Solid experience reviewing, interpreting, and ensuring the implementation of country regulatory reporting procedures
Good knowledge of financial/banking products or risk management

What we offer:

Private Medical Care Program
Life Insurance Program
Pension Plan contribution
Employee Assistance Program
Paid Parental Leave Program
Sport Card
Holidays Allowance
Sport and team recreation activities
Special offers and discounts for employees
Access to an array of learning and development resources
A discretional annual performance-related bonus
A business casual workplace with a hybrid working model
A chance to make a difference with various affinity networks and charity initiatives

Additional Information:

Job Posted:

March 21, 2025

Employment Type:

Fulltime

Work Type:

Hybrid work

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AML Regulatory Reporting Oversight Officer