4 days old

AML, Fraud and Digital Payments Vice President

Citigroup
Belfast, ME 04915
**Overview of Citi:**


Citi, the world leading global bank, has approximately 200 million customer accounts and a presence in more than 160 countries and jurisdictions worldwide. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management. Citi enables clients to achieve their strategic financial objectives by providing them with cutting-edge ideas, best-in-class products and solutions, and unparalleled access to capital and liquidity.


**The Role:**


Citis central role in the rapidly-evolving global digital payments ecosystem requires innovative thinking to mitigate fraud, money laundering, terrorist financing, and sanctions risks. The Vice President, AML and Fraud, Digital Payments is responsible for partnering with Treasury and Trade Solutions (TTS) and Citi Commercial Bank (CCB) business teams to deliver AML-risk mitigated solutions for our digital payments customers in EMEA. The role reports to the EMEA Digital Payments team lead (the Manager) and conducts due diligence on prospective digital payments customers, leverages internal and external data to conduct targeted reviews of customers with elevated AML or Fraud risks, and advises Citi product and business teams on AML and Fraud risks in the digital payments industry.


**Responsibilities:**


+ Provide AML and Fraud related advice to the Citi TTS and Commercial Bank businesses and ACRM group globally, ensuring AML standards are understood and implemented appropriately.

+ Participate in client meetings, particularly with the compliance team of the client and ability to interview them in order to evaluate their policies, standards, understanding of the same and the compliance culture.

+ Maintain current knowledge of innovations in the digital payments industry.

+ Maintain current knowledge of new AML and Fraud risks and typologies in the digital payments industry.

+ Leverage internal and external data to conduct targeted reviews of customers with elevated AML or Fraud risks.

+ Provide subject matter expertise to the CCB and TTS businesses in designing, building, and implementing enhancements to their AML compliance risk management programs, including risk assessment, remediation activities, metrics formation, and the identification of risks, trends, and patterns.

+ Supervise and participate in internal assurance processes such as Enterprise wide AML risk assessment, self-assessment, and internal audit.

+ Analyze data, prepare and present regional/global reports related to AML risk assessments, and monitor AML related issues and escalations.

+ 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.


**Qualifications:**


+ Proven experience in AML and Fraud regulations, risks and typologies globally, including those specific to digital payments.

+ Working knowledge of AML regulatory requirements including local, US, and international laws.

+ Candidates must work collaboratively and creatively with the businesses they support, in a matrix environment, providing compliance guidance, risk management judgment and administering the companys Compliance policies/procedures in a timely manner.

+ Consistently demonstrates clear and concise written and verbal communication.

+ Ability to interpret complex data sets and present data-based conclusions in written and verbal presentations is strongly preferred.


**Education:**


+ Bachelors Degree/University degree or equivalent experience


**What We Offer:**


As well as a competitive salary and consideration for a yearly discretionary bonus Citi offer;


+ 23 days paid annual leave

+ Award winning pension scheme,

+ Life assurance and

+ Private medical insurance with Bupa healthcare.


In addition, we offer a competitive maternity, paternity and adoption leave scheme. We pride ourselves on our ability to offer employees a number of lifestyle benefits including; on site restaurant and coffee shops, online shopping and concierge service and subsidised clubs and societies.


Our Select benefit package offers you the opportunity to customise your benefits according to your own lifestyle preferences and includes corporate discounts, memberships and a range of additional extras.


Our vast range of diversity networks and on site multi faith room demonstrates Citis commitment to growing a diverse workforce.


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**Job Family Group:**


Compliance and Control

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**Job Family:**


AML Compliance & Risk Mgmt

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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.

Categories

Posted: 2022-05-13 Expires: 2022-06-12

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AML, Fraud and Digital Payments Vice President

Citigroup
Belfast, ME 04915

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