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The Foreign Correspondent Banking (FCB) Due Diligence Analyst is responsible for performing KYC and risk reviews in coordination with the broader Global Enhanced Due Diligence (GEDD) unit. The overall objective is to utilize in-depth AML knowledge to review, analyze and conduct effective due diligence and investigations on high risk FCB clients that may be a potential risk to Citi. This role provides someone who is interested in compliance within the banking sector with the opportunity to start their career in a global team based in APAC. The FCB AML team is part of the second line of defense and is charged with supporting Citi's business partners in mitigating reputational risk as well as money laundering and terrorist financing risks.
Responsibilities:
Conduct investigations and research on Citi's high risk FCB clients using various internal and external systems and databases.
Conduct Cross Sector reviews among multiple Citi business lines. Document the review/investigation findings and upload case files with the required supporting documentation to Citi's KYC platform.
Summarize & analyze in writing, clear and concise findings of the investigation Escalate potential risks/red flags to senior management and provide recommendations on the next course of action (i.e. further investigation, relationship termination etc.)
Assist various AML teams with managing risks by analyzing the root cause of issues and impact to business.
Work closely with Citi's Risk Evaluation Management (REM), AML Program Assessment (AML PA) & Periodic Transaction Review (PTR) teams to ensure compliance with applicable laws, rules and regulations, adhering to Policy, conduct and business practices, and escalating, managing and reporting control issues with transparency.
Assist Citi's global AML unit with respect to internal audit & regulatory findings, including assisting on Corrective Action Plans (CAPs).
Qualifications:
1-2 year of Knowledge on AML regulations/ACAMS qualification preferred
Proficient in MS Office
Excellent verbal and written communication skills
Strong interpersonal skills
Demonstrated analytical and organizational skills
Bachelor’s/University degree or equivalent experience
Excellent oral and written communication skills in English.
Working at Citi is far more than just a job. A career with us means joining a family of more than 230,000 dedicated people from around the globe. At Citi, you’ll have the opportunity to grow your career, give back to your community and make a real impact.
Take the next step in your career, apply for this role at Citi today
https://jobs.citi.com/dei
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Job Family Group:
Compliance------------------------------------------------------
Job Family:
AML Execution------------------------------------------------------
Time Type:
Full time------------------------------------------------------
Most Relevant Skills
Communication, Data Analysis, Laws and Regulations, Planning and Organizing, Referral and Escalation, Report Writing, Risk Identification and Assessment, Risk Remediation.------------------------------------------------------
Other Relevant Skills
For complementary skills, please see above and/or contact the recruiter.------------------------------------------------------
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Top Skills
Citi Mumbai, Maharashtra, IND Office
Bandra Kurla Complex Road, Mumbai, Maharashtra, India, 400051
