Intermediate Compliance Analyst-AML Investigations at Long Island

Job Description

Citi is todays pre-eminent financial services company and was built to create a highly diversified financial services company that could act as one to deliver solutions to clients throughout the world. With the most diverse array of products and the greatest distribution capacity of any financial firm in the world, our employees manage 200 million customer accounts across six continents in more than 100 countries. Citigroup Inc. and its subsidiaries ("Citigroup") are equal opportunity employers M/F/D/V and do not discriminate on the basis of any legally protected status or characteristic. The Intermediate Compliance Analyst is responsible for conducting investigations, performing analysis and follow-up and work cases to completion according to Citi AML procedures. Investigations are generated from sources which include:

Cases generated via Case Management Tool (e.g. Mantas)

Client-On boarding and Maintenance and Transaction monitoring referrals

Government sources (e.g. Subpoenas, 314 (a) )

Referrals from business partners and other control areas

The Intermediate Compliance Analyst documents and reports the investigation findings and prepares case files for review. This includes:

• Identify potential high profile AML issues and flag for escalations and assignments in respective case management tools.
• Collection and examination of customer financial statements and documents to assist in identifying unusual transaction patterns.
• Conduct research over available Bank systems, the Internet and Databases consistent with the resolution of investigations.
• Follow-up with additional Point(s) of Contact (POC) as needed to identify additional information in support of the case.
• Compile supporting documents and data including media and transaction including documenting review findings for Compliance and Business management review.
• Write and prepare Suspicious Activity Reports (SARs) and recommend relationship retention or termination.
• Liaise with other FIU units, Advisory, Business Compliance teams, CSIS, FIU Legal, GIU, and Law Enforcement.
• Conduct Cross Sector reviews among multiple Citi business lines.
• Triage cases and identify items appropriate for Senior Management escalation.

Job Requirements

• Four Year College Degree or equivalent experience
• 3 + years experience in reviewing customer transactions and information for potentially suspicious activity and performing AML or financial investigations.
• Knowledgeable of the laws applicable to money laundering, including the Bank Secrecy Act, the USA PATRIOT act, US Treasury AML guidelines, OFAC requirements, and Suspicious Activity Reporting requirements.
• 3+ years experience in reviewing and approving Know-Your- Customer files for complex business products
• General understanding of Senior Public Figures, Money Service Businesses, Embassies, and Correspondent Banking preferred as well as compliance with those business segments.
• 3+ years experience in writing and preparing Suspicious Activity Reports (SARs) in accordance with applicable regulatory requirements.
• Excellent organizational, time management and project management skills.
• Excellent research skills including experience with online search tools.
• Advanced proficiency in Microsoft Word, Excel, Access, Power Point and Outlook.
• Strong writing, analytical and communications skills.
• Strong attention to detail.
• Able to multitask and complete projects on time.
• Should be a self-starter, and organized, and must have the ability to work independently, without supervision.
• Ability to understand and draw conclusions from research conducted.
• Ability to understand and comprehend complex products across all NAM business sectors.
• Proficiency in a foreign language is a plus

Country: USA, State: New York, City: Long Island, Company: Citi.