KYC Risk Evaluation Management (REM) is an AML function that is responsible for conducting a risk evaluation of new and existing clients with certain high-risk attributes.
This role is to support the team conducting these risk evaluations in the Brazil KYC REM Hub by identifying root causes to issues, managing workflows, providing guidance, and working with stakeholders across the business and KYC functions.
As such, responsibilities include:Responsibilities:Understanding applicable Global KYC Policies, Standards and ProceduresUnderstanding the various risk components included in a KYC Profile and how these risks interconnect.When necessary, independently investigate risks to understand context and resolve material issuesAbility to provide productive feedback and coaching to the team based on QC findings and Peer reviewsCalibrating risk findings with the team to avoid repeat occurrencesSupport management with provision of accurate weekly and monthly metrics if requestedWorking with the team to improve analysis writing and risk assessmentsUndertake root cause analysis, where appropriate, with the purpose of developing effective solutions where any deficiencies are identifiedPerform On-Job-Training and mentor the new hiresDevelop the staff within the team by providing challenging objectives and identify training / development opportunitiesOrganize and hold calibration calls with business stakeholders with an objective of policy alignment and return reason reductionProvide advice from an AML perspective on issues escalated by AML or Business partnersEscalate AML concerns or any significant suspicious activities to senior managementManage workflow coordination by monitoring the applicable queues, assigning records and identifying/anticipating capacity constraints.Assist with the day to day management of the team and develop training plans as appropriatePerform Manager Control Assessment (MCA) to seek out observation for any control weakness or non-adherence to policies, procedure, and standards.Develop recommendations to improve the REM process and submit these to REM managementResponsibilities may evolve as the program dictatesQualifications:5+ years of relevant work experienceBachelor's DegreeAML Certification preferredEffective verbal and written communication skills in English and Portuguese.
Spanish preferred.Ability to critically think and assess complex issuesRecent working knowledge of AML legislation and regulatory requirements.Ability to rapidly comprehend new and complex products.Commitment to understanding country-specific principles and business knowledge related to AML regulations.Proactive, organized, and ability to work independently with minimal supervision.Must be able to manage and complete multiple tasks on time.Understanding appropriate escalation and follow-up methods when potential AML risk is identified.Ability to independently refer to policies and procedures and put into context with regards to this role.Education:Bachelor's degree/ University degree or equivalent experienceJob 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.
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