Compliance AML Lead Analyst - C13 - TAMPA

$103,920 - $155,880/Yr

Citigroup - Tampa, FL

Full-time - Senior

Tampa, FL

Credit Intermediation and Related Activities

About the position

The Compliance AML Execution Lead Analyst is a senior professional responsible for conducting risk and compliance reviews in collaboration with the Anti-Money Laundering (AML) team. The role focuses on utilizing extensive AML knowledge to perform due diligence and investigations on high-risk cases that may pose a potential risk to Citi. Key aspects include reviewing cases for accuracy, coaching team members, and assisting management with audits and exams to mitigate operational risks.

Responsibilities

• Conduct investigations and research on potentially suspicious clients using various internal and external systems and databases.
• Conduct Cross Sector reviews among multiple Citi business lines.
• Document and report the review/investigation findings and prepare case files with the required supporting documentation.
• Summarize, in writing, clear and concise findings of the investigations.
• Advise senior management on next steps and provide recommendations on the next course of action (relationship retention, termination, Suspicious Activity Report (SAR)).
• Manage risks by analyzing the root cause of issues and impacts to business.
• Review AML cases completed by Analysts to ensure that material AML risks have been mitigated and case documentation is in accordance with the unit's policies and procedures.
• Carry out SAR Reporting Officer responsibilities by reviewing/approving Suspicious Activity Reports (SARs) drafted by Analysts consistent with FinCEN requirements.
• Ensure SAR related regulatory timelines and requirements are followed by the team.
• Review/Approve post-investigative actions recommended by Analysts, including relationship termination, Risk Rating Override, and KYC Feedback Loop.
• Ensure that all errors and deficiencies identified by the Quality Assurance Team have been remediated.
• Conduct personalized one-on-one or group mentoring sessions to explain processes, red flags, investigative strategies, techniques, changes in procedures, emerging trends and managerial directives.
• Assist Analysts in overcoming performance related challenges.
• Lead or assist with ad-hoc AML related projects.
• Assist management with regulatory exams and other third-party reviews (e.g., IA, CA).
• Perform complex, cross-sector, and/or high-risk reviews involving unusual transactional patterns, significant negative news, intricate business relationships, potential network activity, prominent/high-profile clients, entities designated as SDN/money laundering concern, and other sensitive matters.
• Manage/mitigate operational risks by analyzing the root cause of issues and impacts to business, and make recommendations to Senior Management on process and control enhancements.

Requirements

• 6 -10 years of relevant experience
• 4+ years of experience in drafting and/or approving Suspicious Activity Reports (SARs) in accordance with applicable regulatory requirements
• Understanding of advanced money laundering typologies and techniques, and investigative practices for detecting such activity
• Ability to operate with a limited level of direct supervision
• Ability to exercise independent judgement and autonomy
• Proficient in MS Office
• Proven analytical skills
• Effective verbal and written communication skills
• Comprehensive knowledge of AML regulations preferred
• Responsible for volume, quality and timeliness of work product
• Follows procedures and identifies opportunities to strengthen controls
• Learns from experiences, adapts and improves, and welcomes challenge from others on processes and decisions
• Takes ownership and accountability for delivering outcomes, takes responsibility for own work
• Builds strong relationships with stakeholders

Nice-to-haves

• Master's degree preferred

Benefits

• Medical, dental & vision coverage
• 401(k)
• Life, accident, and disability insurance
• Wellness programs
• Paid time off packages including planned time off (vacation), unplanned time off (sick leave), and paid holidays