• Competitive
  • Sydney, New South Wales, Australia
  • Permanent, Full time
  • Citi Australia
  • 22 Nov 17

AML Team Leader

AML Team Leader

  • Primary Location: Australia,New South Wales,Sydney
  • Education: High School Diploma/GED
  • Job Function: Compliance and Control
  • Schedule: Full-time
  • Shift: Day Job
  • Employee Status: Regular
  • Travel Time: No
  • Job ID: 17045711


Strategic Intent:

Managing AML risk has been identified as a critical franchise goal for Citigroup.  In order to manage this risk effectively a centralised Business Support Unit is being formed to deliver AML related processes with excellence. This department will be a critical component of Citigroup's control framework. 

This role will provide business wide management of the Customer Due Diligence (CDD) review process and KL Hub Transaction Monitoring support. Provide team management of the CDD team which undertakes the Customer Due Diligence reviews for individuals and corporates within the Consumer Bank. The role will consolidate tasks managed at individual business unit level, and develop a professional team. Team will deliver quality, efficiency, customer sensitivity and providing maximum risk protection to the Bank.

Key Responsibilities:
  • Build a professional team of analysts - trained and energised to deliver quality, efficiency and risk assurance
  • Personally check and validate assigned CDD alert closures
  • Ensure CDD's, Overlays, Enterprise Wide Reviews are closed within the required SLA with no breaches
  • Ensure that Annual SPF Portfolio Review are completed within required SLA with no breaches
  • Ensure that response to Account Information Requests from KL HUB Transaction Monitoring are closed within the required SLA.
  • Assist the business ensure up to date customer data / information is maintained
  • Prepare and present MIS on behalf of the CBSU Core;
  • Develop streamlined workflows to deliver efficiency and timeliness and manage workflowsDevelop control structure including quality and timeliness measures
  • Assist in developing workflows, procedure documents, checklists as required
  • Manage staff including all related staff deliverables (performance management etc)
  • Support Business Units through procedural and technical advice and guidance (not policy advice)
  • Assist CBSU Head in cascading Global and Region's new policy issuances to relevant GCG Stakeholders


Key Qualifications & Experience
  • Bachelor's Degree in a relevant discipline i.e Risk, AML, etc
  • Minimum 3 years exposure to Banking and Finance roles with AML experience  and exposure to AML related processes
  • Relevant business experience in the Consumer and Commercial Banking industry and experience within a medium / large financial organization, including knowledge of banking products and different types of transactions and client-facing procedures
  • Solid understanding and work experience with globally applicable (e.g., USA PATRIOT Act) and local AML / KYC regulations, associated risks of non compliance and changing dynamics, including knowledge of KYC processes throughout the client lifecycle
  • Strong experience with regulatory compliance, AML transaction/risk monitoring tools and experience solving AML related issues
  • Proficient MS Excel skills to create, manage, and develop MIS and Management Reports
  • Strong understanding of interdependencies between operating models in order to support interaction across other operating model BSUs and with cross-functional partners
  • Excellent written and oral communication skills - Ability to interact and facilitate across diverse audiences
  • Supports a collaborative environment of mutual respect, providing appropriate context, encouraging knowledge sharing and leveraging strengths and styles of others to enrich performance in a cross-functional setting
  • Proven experience with similar leadership responsibilities in a fast-paced, cross-cultural / functional team operations environment with heavy work loads
  • Excellent time management skills - ability to conduct client-impacting work and respond to urgent requests, queries and escalations in a timely manner
  • Good analytical and problem solving skills - ability to analyze reports, develop test strategies, document test scenarios, and support the development of metrics and KPIs
  • Strong project management experience
  • Ability to effectively execute responsibilities with a dual emphasis on AML risk mitigation and client focus 
When you work at Citi, you'll be working for an organization that truly has a global footprint and a powerful network that spans the globe. We celebrate individual ingenuity and leverage the diversity of our people in order to drive high performance. Through dedicated support, training and resources, we promote our talent and future leaders to bring about lasting and positive impact. Citi continues to be an Employer of Choice for Women and supports a flexible work environment.

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