Compliance AML Core Senior Analyst - Assistant Vice President, Citi

Citi

Location:

Luxembourg, Bertrange

Category:

Finance

Contract Type:

Not provided

Salary:

Not provided

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Job Description:

The Compliance Anti Money Laundering Risk Management Senior Analyst is a seasoned professional role responsible for recommending/ establishing internal procedures to prevent money laundering and assist in all matters concerning financial crimes in coordination with the broader Anti-Money Laundering (AML) team. The overall objective is to utilize established disciplinary knowledge to identify inconsistencies in data or result and formulate strategic recommendations on policies, procedures, and practices.

Job Responsibility:

Identify, vet and address potential risks or escalated issues with the assistance of functional partners and key stakeholders
Communicate with internal entities to incorporate findings of the AML control program
Utilize information from regulatory changes, new regulations, and internal policy changes to further identify new key risk areas
Analyze comparative data, prepare and present reports related to AML risk assessments, and monitor AML related issues and escalations
Create and develop AML Compliance Risk Management (ACRM) standards and policies
Synthesize/analyze risk information and advise/recommend on a plan of action
Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency
Act as KYC Risk Evaluation Management Designee as required, reviewing customer due diligence records for clients booked to the relevant jurisdiction/legal vehicle
Ensure that the relevant local rules and requirements for customer due diligence are accurate and up-to-date in critical business systems related to onboarding and account documentation
Report Beneficial Ownership discrepancies to the RBE
Provide advisory services to the business partners
Review account openings, as applicable
Coordination and/or provision of training on applicable AML LRRs, and Citi policies and standards, including: Support assessment of local AML training needs
Design, implement and conduct local AML training
Coordinate with Training Representatives to ensure local training attendance records are documented appropriately
Complete annual continuing education requirements
Ensure that local AML-related issues requiring Corrective Action Plans are resolved in a timely manner, regardless of whether the issue is owned by second-line or first-line of defense
Undertake regular Manager Control Assessment (MCA) testing and Compliance Monitoring Routines for local AML assessment unit and ensure results are documented appropriately, with deficiencies actioned as required
Support the preparation for local AML-related internal as well as external audit reviews and Compliance Assurance Risk Reviews, in addition to regulatory exams
Ensure that any local AML-related issues requiring escalation are brought to the attention of regional senior management and to regional governance forums, as appropriate

Requirements:

Knowledge of Anti-Money Laundering (AML) and regulations preferred
Proficient computer skills with a focus on Microsoft Office applications
Consistently demonstrates clear and concise written and verbal communication
Fluent in English and French
Bachelor’s Degree/University degree or equivalent experience

What we offer:

Global Benefits
Best-in-class benefits
Work-life balance

Additional Information:

Job Posted:

March 22, 2025

Employment Type:

Fulltime

Work Type:

Hybrid work

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