AML Execution Analyst, Citi

Citi

Location:
India, Mumbai

Category:
Finance

Contract Type:
Not provided

Salary:

Not provided

Save Job

Apply Position

Job Description:

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) 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.

Job Responsibility:

Complete Level 1 and Level 2 reviews of the PTR Report, which includes identifying Red Flags, Validating Negative Media, and Providing Recommendations to the findings
Obtain and analyze transactions and transaction patterns related to Foreign Correspondent Bank, Payment Intermediaries and Affiliate clients activity, validate know your customer
Identify unusual/suspicious activity based on AML red flag / typologies knowledge and provide a robust clear and concise analysis of material findings
Raising recommended adjustments to a KYC profile, or request additional information as it relates to transaction activity which cannot be reasonably explained
Ensuring PTR reviews are completed with the specified review period
Using proprietary, subscription and public databases, research entities related to the transactions
Thoroughly and succinctly document the research and analysis related to the financial activity and related entities for an audience that includes: - Regulators - Internal Audit - Relationship Managers - Senior Managers and - Internal Compliance
Meet or exceed quality, productivity and timeliness goals
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
Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency

Requirements:

Good understanding on Foreign Correspondent Banking (FCB) and Anti Money Laundering principles
Highly proficient in MS excel (sort, pivot tables)
Highly proficient AML investigator with demonstrated experience in AML monitoring
Fluent in English, spoken and written
Excellent judgment and assessment skills
Excellent organizational and prioritization skills
Excellent communication skills – as evidence by ability to concisely and meaningfully explain and document investigation
Demonstrates initiative and creativity in problem solving
3-4 years minimum of AML monitoring experience as Senior AML Analyst of Citi's corporate client accounts: financial transactions/ transaction patterns/counterparties (including the customers of the client), and utilizing KYC documentation and research to evaluating AML related customer risk
Finance/Banking background is a plus
Bachelor’s/University degree or equivalent experience

What we offer:

Citi provides programs and services for your physical and mental well-being including access to telehealth options, health advocates, confidential counseling and more
Citi provides access to an array of learning and development resources to help broaden and deepen your skills and knowledge as your career progresses
We have a variety of programs that help employees balance their work and life

Additional Information:

Job Posted:
April 26, 2025

Employment Type:

Fulltime

Work Type:

Hybrid work

View All Jobs In This Company

Job Link Share:

AML Execution Analyst