Compliance Director- AML Product Assessments

Details: Citi is today’s pre-eminent financial services company and was built to create a highly diversified financial services company that could act as one to deliver solutions to clients throughout the world. With the most diverse array of products and the greatest distribution capacity of any financial firm in the world, our employees manage 200 million customer accounts across six continents in more than 100 countries.Citigroup Inc. and its subsidiaries ("Citigroup") are equal opportunity employers M/F/D/V and do not discriminate on the basis of any legally protected status or characteristic.Citi's Compliance Analytics and Assessments team is part of the Citi's Compliance Architecture group.  The team provides compliance risk support for the compliance advisory group, which includes data analysis, AML metrics, research, and compliance planning and risk assessment.The AML Product Assessment director is a global position that will focus on coordinating the AML new product approval process as well as other product risk assessments and analysis.  The function will also be the central liaison for the process across the bank's product focused AML compliance and business groups.  This position provides a qualified applicant with an opportunity to join a group that is committed to the development of methodologies for identifying and analyzing AML compliance risks.  An individual recruited for this role should have at least 10 years experience in a risk or compliance role, preferably with strong knowledge of AML and diverse banking products. The candidate must have sophisticated understanding of financial products, services and delivery channels, as well as operational considerations and AML. Product areas the position will focus on include:• Institutional Banking• Retail Banking• Mortgages • Credit CardsResponsibilities include:• Drive consistency in identification and prioritization of AML compliance risks across products and regions• Work collaboratively with businesses, AML, Product Compliance, and others to present a holistic view of the risk / reward implications for new or expanded product offerings• Process management - review and re-engineer the overall end-to-end process flow• Primary liaison with global products AML compliance advisory group(s)• Manage the docket of new products presented for internal and regulatory approval• Primary responsibility for managing AML product risk assessments• Analysis of AML data related to the Bank's diverse global products• Stay abreast of developments in products and delivery mediums (e.g., digital and mobile banking)• Specialized topical risk research for the Bank's diverse global products AML compliance groups• Monitor and interpret the business environment with a focus on the impact of banking and regulatory risks associated with the Bank's diverse global products• Effectively and proactively communicate sensitive information gleaned from research• Relationship manager for compliance reporting and analytics• Drive consistency and excellence in creation of AML risk assessments and related documentation

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