KYC Risk Evaluation Management (REM) is an AML function responsible for conducting a risk evaluation of new and existing clients with certain high-risk attributes.
This role supports 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 Procedures.Understanding the various risk components included in a KYC Profile and how these risks interconnect.Independently investigate risks to understand context and resolve material issues when necessary.Provide productive feedback and coaching to the team based on QC findings and Peer reviews.Calibrate risk findings with the team to avoid repeat occurrences.Support management with the provision of accurate weekly and monthly metrics if requested.Work with the team to improve analysis writing and risk assessments.Undertake root cause analysis, where appropriate, to develop effective solutions for identified deficiencies.Perform On-Job-Training and mentor new hires.Develop the staff within the team by providing challenging objectives and identifying training/development opportunities.Organize and hold calibration calls with business stakeholders to align policies and reduce return reasons.Provide advice from an AML perspective on issues escalated by AML or Business partners.Escalate AML concerns or significant suspicious activities to senior management.Manage workflow coordination by monitoring applicable queues, assigning records, and identifying/anticipating capacity constraints.Assist with day-to-day management of the team and develop training plans as appropriate.Perform Manager Control Assessment (MCA) to identify control weaknesses or non-adherence to policies, procedures, and standards.Develop recommendations to improve the REM process and submit these to REM management.Responsibilities may evolve as the program dictates.Qualifications:5+ years of relevant work experience.Bachelor's Degree.AML Certification preferred.Effective verbal and written communication skills in English and Portuguese; Spanish preferred.Ability to critically think and assess complex issues.Recent 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 able 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 them into context regarding this role.Education:Bachelor's degree/University degree or equivalent experience.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.
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