Senior Compliance Analyst – Global KYC – Periodic Transaction Review

Job title:

Senior Compliance Analyst – Global KYC – Periodic Transaction Review

Company

Citigroup

Job description

Overview of Citi:Citi is a world-leading global bank. We have approximately 200 million customer accounts and a presence in more than 160 countries and jurisdictions worldwide. We provide 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. We enable 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.Citi Belfast is one of the largest employers in Northern Ireland with a diverse and talented team of over 3000 people from over 40 different nationalities across our four Belfast offices.We are the only global investment bank operating in Northern Ireland. Every day, our local experts interact with global teams in over 100 countries developing and supporting next-generation technology solutions for the enterprise and delivering critical services to the bank and its customers, to make sure we are a stronger and safer organization for our clients.You will have a truly global reach, which will provide you with new experiences and development opportunities right here in Belfast’s iconic Titanic Quarter.The Role:The Role: The Periodic Transactions Review (PTR) is a process conducted in order to strengthen customer due diligence to fully identify and address the AML risk associated to correspondent accounts. Periodic Transaction Review Team is conducting a review of a Foreign Correspondent Banking (FCB), Affiliate, Payment Intermediaries (PI) and Embassy client’s transactional activity.The Periodic Transactions Report is a part of the Citi KYC renewal process and is used to assist with evaluating the client’s AML risk. The PTR analysis covers three months activity. Information gathered in the Periodic Transactions Report is used to understand the usage of the correspondent accounts by the clients and the possible associated AML risks while renewing the KYC documents for this client. It validates the accuracy of anticipated account activity, the accuracy of the risk score associated with the client, and identifies potential risk areas such as nested activity, high risk customers, unusual activity or patterns.Responsibilities:Complete PTR reviews within specific time period and the make sure the report is in line with the PTR requirement / procedure.Perform detail analysis of transactional activity to identify unusual/suspicious activity based on AML red flag / typologies knowledge.Provision of guidance and advisement (where appropriate) on due diligence and Know Your Customer (KYC) checks conducted on FCB relationships ensuring that such is in line with relevant regulatory standards.Communicate with internal entities, including senior managers and other Citigroup AML monitoring units to ensure findings are incorporated in all aspects of the AML control program.Participating in business projects and new product evaluations related to Periodic Transaction Review.Analyzing and improving the operational processes and recommending solutions to increase efficiency and effectiveness.Developing and maintaining positive relationships with key stake holders, regional, and country Compliance, Operations and Technology.Act as Subject Metter Expert for the team of analysts.Qualifications:Proven work experience directly related to complex and sensitive investigations, or any combination of AML/BSA, fraud, financial irregularities, etc.Proven work experience on expert position. Experience related to Periodic Transaction Reviews Level 1 is desirable.KYC and CDD/EDD experience, including good understanding of various corporate structures including offshore Trusts, Funds, and Special Purpose Vehicles etc.General and broad understanding of key AML and reputational risks, including PEPs, Sanctions, AB&C; Knowledge of international and regional AML laws and regulations and FATF recommendations.Understanding of emerging markets and high risk industries and cash management products and correspondent banking.Excellent communications abilities as a communicator, including top drawer written skills; Commitment to co-operative and collaborative working.Ability to work simultaneously with multiple conflicting priorities, timelines and stakeholders.Practical ability to apply and communicate legal and regulatory requirements to day-to-day activities. Excellent judgment and assessment skills; proactively employs personal curiosity to identify and research parties using a risk-based approach.Education:Minimum Bachelor’s degree or equivalent required.Desirable Criteria:Masters degreeACAMSPrevious PTR experienceWhat We Offer:We work hard to have a positive financial and social impact on the communities we serve. In turn, we put our employees first and provide the best-in-class benefits they need to be well, live well and save well.We’ll provide you with the resources to meet your unique needs, empower you to make healthy decisions, and allow you to choose which benefits suit you and your personal life best.Visit our page to learn more.Highlights to our core benefits include:Award winning pensionOn-site health servicesPrivate medical insurance packages to suit your personal circumstancesPaid parental leaveGenerous holiday allowance starting at 27 Days plus bank holidays; increasing with tenureCiti Belfast also champions diversity within our workforce, which helps us be well and live well together. We have over 40 different nationalities in our Northern Ireland offices, are a vocal supporter of LGBTQ+ rights, and are proud to have 47% of our leadership team made up of individuals who identify as women.We encourage and lead inclusivity through our Pride, Disability, Multicultural, Families Matter, and Women affinity networks that are run by and for, Citi Belfast colleagues; providing them with the support they need in their personal and professional journeys and supplying them with the tools to help educate colleagues on all things related to each network to help us work better together.Job Family Group: Compliance and ControlJob Family: AML CoreTime Type: Full timeCiti 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 .View the ” ” poster. View the .View the .View the

Expected salary

Location

Belfast

Job date

Wed, 10 Jul 2024 05:00:29 GMT

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