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KYC on Citi Team Lead

Company: Citigroup
Location: Dublin
Posted on: January 3, 2022

Job Description:

**Job Description**


The KYC on Citi Lead will report to the Global Due Diligence Lead and is responsible for enhancing the end-to-end program, as well as develop and maintain the policies and procedures that govern the external response to due diligence inquiries to ensure compliance with current regulatory guidance and Citi policy.


The Global Due Diligence Lead is also responsible for the KYC Teams of Citis Foreign Correspondent Bank and Money Service Business (MSB) portfolio and the successful candidate will be part of the overall Global Management team involved in these client segments. The team is a global organization of 80+ with strong opportunity for growth.


The role itself is an intermediate management position responsible for performing risk and compliance reviews for Citis Correspondent Banking Affiliates in coordination with the broader Anti-Money Laundering (AML) team. The overall objective is to contribute to the growth and development of the KYC on Citi team, improve process efficiencies, and influence decisions across Citi stakeholders in the Affiliate process. This successful candidate will be expected to perform leadership tasks including performance evaluations, compensation, hiring, disciplinary tasks, and providing direction of daily tasks and responsibilities. The successful candidate will also be expected to have an understanding of correspondent banking and risks associated with same.


**Responsibilities:**


+ Lead a team of 3-6 analysts in the conduct of KYC processes performed on Citi Affiliates.

+ Provide subject matter expertise of AML analysis and recommendations for the KYC renewal stakeholders, including CCOs of Affiliates, Legal Entity Managers and Local/Regional Compliance.

+ Provide assurance that KYC Records for all relevant client types are completed in accordance with standards and policies, and the KYC schedule formally advising the key stakeholders of the client record renewal process, including relevant KYC Owners, of publication and availability of these reports for each region.

+ Interface with responsible global legal entity managers (LEM) to understand standard business practices in local jurisdictions, possible areas of concern and resolution of potentially suspicious matters.

+ Coordinate with Country Compliance Officers and local Business teams to gather Citi Affiliate KYC information to complete the Wolfsberg Questionnaires (CBDDQ Correspondent Banking Due Diligence Questionnaire) on behalf of Citi entities.

+ Manage contribution of Citi Affiliate KYC information to the SWIFT KYC registry, and manage external requests for Citi information as well as internal user entitlements.

+ Manage and support Internal Audit, Compliance Assurance, and External Regulator reviews, inclusive of delivering requested items and updating senior management of progress and potential issues.

+ Conduct investigations of potentially suspicious and/or high-risk clients.

+ Communicate regularly with various lines of business, other analysts and management, regarding accounts currently under review.

+ Manage risk by analysing the root cause of issues and impact to business.


**Qualifications:**


+ Previous experience performing enhanced due diligence reviews of high-risk accounts.

+ Previous supervisory/management experience.

+ Knowledge of Anti-Money Laundering (AML) and Financial Crime Prevention.

+ Efficient written and verbal communication skills.

+ Ability to work in a team-oriented environment.

+ Proficient computer skills.


**Education:**


+ Bachelors/University degree.

+ Qualification in AML an advantage ACAMS for example.


This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required


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**Job Family Group:**


Compliance and Control

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**Job Family:**


AML Execution

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**Time Type:**


Full time

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Citi is an equal opportunity and affirmative action employer.


Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.


Citigroup Inc. and its subsidiaries ("Citi) invite all qualified interested applicants to apply for career opportunities. If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review **Accessibility at Citi (https://www.citigroup.com/citi/accessibility/application-accessibility.htm)** .


View the "EEO is the Law (https://www.dol.gov/sites/dolgov/files/ofccp/regs/compliance/posters/pdf/eeopost.pdf) " poster. View the EEO is the Law Supplement (https://www.dol.gov/sites/dolgov/files/ofccp/regs/compliance/posters/pdf/OFCCP\_EEO\_Supplement\_Final\_JRF\_QA\_508c.pdf) .


View the EEO Policy Statement (http://citi.com/citi/diversity/assets/pdf/eeo\_aa\_policy.pdf) .


View the Pay Transparency Posting (https://www.dol.gov/sites/dolgov/files/ofccp/pdf/pay-transp\_%20English\_formattedESQA508c.pdf)
Citi is an equal opportunity and affirmative action employer.
Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity.

Keywords: Citigroup, Dublin , KYC on Citi Team Lead, Other , Dublin, California

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