International - Financial Crimes Risk Management - Assistant Vice President at Citi

Mumbai, maharashtra, India -

Full Time

Start Date

Immediate

Expiry Date

03 Mar, 26

Salary

0.0

Posted On

03 Dec, 25

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Research Skills, Analytical Thinking, Problem-Solving, Communication Skills, KYC Review, Data Analysis, Risk Management, Compliance Knowledge, Escalation Management, Stakeholder Management, Policy and Regulation, Risk Identification, Issue Management, Business Acumen, Constructive Debate, Monitoring

Industry

Financial Services

Description

Assistant Vice President, Financial Crimes Risk Management Identify, assess, and implement mitigation of key emerging and existing financial crime risk areas by conducting reviews using data analysis and monitoring to detect suspicious activity and trends. Independently run portfolio reviews to enhance financial crime risk management capabilities. Review recent news, court documents, and public/private sector white papers, prior AML Investigations, subpoenas, escalations to detect trends and “connect the dots” amongst disparate data sets. Raise inquiries to bankers and follow-up with them for Information critical to conclude the reviews. Interpret data, analyze results and provide ongoing reports, present data in charts, graphs, tables and documentation to communicate key risk metrics, findings, and initiatives Work collaboratively with the team and stake holders to analyze and review typologies to establish review processes. Utilize pertinent information to write clear and concise summary on the findings of the investigation and advise senior management on next steps. Timely escalate matters which impact the timelines of reviews, closely track completion of all initiatives. Build and maintain strong working relationships with key stakeholders in compliance and business. The ideal candidate will have the following attributes and qualifications: Excellent research skills, including experience with online research tools, strong analytical inquisitiveness and problem-solving ability. Experience of working in a global, dynamic environment and ability to work independently and under pressure to manage deadlines. Excellent verbal and written communication skills, with the ability to interact effectively with colleagues and senior stakeholders and preparing business presentations. Experience in reviewing and approving Know Your Customer (KYC) files for complex banking products, performing analysis of customer information/transactions, conducting customer reviews and preparing Suspicious Activity Reports (SARs) is preferred. Knowledge of the laws applicable to money laundering, including the Bank Secrecy Act (BSA), The USA Patriot Act, OFAC, FinCEN requirements, and SAR requirements is preferred. Bachelor's degree required. Certification as a compliance professional (CAMS, CGSS, CSS, ICA) preferred. Analytical Thinking, Business Acumen, Constructive Debate, Escalation Management, Issue Management, Policy and Procedure, Policy and Regulation, Risk Controls and Monitors, Risk Identification and Assessment, Stakeholder Management. ------------------------------------------------------ For complementary skills, please see above and/or contact the recruiter. ------------------------------------------------------

Responsibilities

The Assistant Vice President will identify, assess, and implement mitigation of financial crime risk areas through data analysis and monitoring. They will conduct portfolio reviews and collaborate with stakeholders to enhance financial crime risk management capabilities.