Citigroup Inc. Tampa , FL 33602
Posted 2 weeks ago
The Securities Services business provides agent and fiduciary services to Citi's Investor and Issuer institutional clients investing and issuing securities around the globe. Securities Services Controls and Regulatory Management (CRM) is a first line function working collaboratively with the business focusing on risk identification and reduction, and deployment of Citi tools to provide comprehensive data analysis. As part of the CRM team, Financial Crimes Risk covers the risks associated with sanctions, anti-money laundering, and anti-bribery regulatory compliance and controls, and fraud management. Emphasis is on issue identification and remediation, assessment of compliance and related controls, and reducing operational risk events.
The Financial Crimes Risk and Control Manager is a specialist providing first line of defense in the review and identification of control issues, driving remediation of issues, and providing and monitoring metrics for compliance and control effectiveness. This includes assessing and providing objective views on risks, controls, and trends, and implementing change as required. The Financial Crimes Risk Manager works closely with colleagues from Front Office, Operations, and Technology. A close working relationship with second line colleagues including Compliance, Risk, and Legal is also maintained.
We value our talented employees, and whenever possible strive to help one of our associates grow professionally before recruiting new talent to our open positions. If you think the open position you see is right for you, we encourage you to apply! Our people make all the difference in our success.
Responsibilities:
Monitoring adherence to Citi's Global Sanctions, Anti-Money Laundering and Anti-Bribery policies and standards, and relevant procedures to verify adherence to applicable requirements
Providing review of sanctions, anti-money laundering, anti-bribery, and fraud controls
Assessing the impact of issues/violations (legal/regulatory, policy, reputational) and dimensioning control process gaps to help management develop corrective actions
Identifying and escalating risks and significant instances of non-adherence to the accountable first and second line units and participate in root cause investigations
Acting as an escalation point for financial crimes matters. Evaluate and respond to escalated matters; further escalate unusual activity as needed
Assessing financial crimes risks and controls for new products and initiatives
Responsible for providing sanctions, anti-money laundering and anti-bribery guidance to Securities Services businesses
Raising management awareness of sanctions trends, emerging issues, remedial actions or enhancements to the program
Developing and providing metrics to assess strength and effectiveness of the control environment
Analyzing data, preparing and presenting regional and global reports related to financial crimes risk assessments, and monitoring of sanctions related issues and escalations with senior management and functional partners
Performing duties as Business Sanctions Risk Officer
Supporting investigations and interactions with the U.S. Treasury Departments' Office of Foreign Assets Control (OFAC) and/or local government authorities
Working collaboratively within team and more broadly with business and functional line management to assess broader and complex issues, develop potential solutions, and drive effective resolution
Supporting the business in various internal assurance processes, including self-assessment, internal audit, and compliance testing reviews
Developing and delivering relevant training to business and functional partners
Acting as Subject Management Expert to stakeholders
Additional duties as assigned
Qualifications:
6-10 years relevant work experience
Expertise of global sanctions anti-money laundering, and anti-bribery regulations, risks and control frameworks
Solid knowledge of global capital markets products
Solid understanding of securities services and settlement processes
Experience with regulatory examinations and relationships with examiners and auditors
Consistently demonstrates clear and concise written and verbal communication skills
Self-motivated and detail oriented
Effective problem solving skills
Effective organizational influencing skills required
Ability to both work independently and collaborate with team members
Ability to work collaboratively with regional and global partners in other functional units; ability to navigate a complex organization; to influence people across cultures
Proficient in Excel Word, Outlook, and Teams
Education:
Bachelor's Degree or equivalent experience required
Advanced Degree e.g. MS, MBA, JD preferred
Job Family Group:
Risk Management
Job Family:
Business Risk & Control
Time Type:
Full time
Primary Location:
Tampa Florida United States
Primary Location Full Time Salary Range:
$103,920.00 - $155,880.00
In addition to salary, Citi's offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire.
Anticipated Posting Close Date:
May 16, 2024
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.
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Citigroup Inc.