KYC Risk Evaluation Management (REM) is an AML function that is responsible for conducting a risk evaluation of new and existing clients with certain high-risk attributes. A risk evaluation is a holistic assessment of these high-risk attributes reviewing in conjunction with the client’s KYC Profile to determine whether to on-board or maintain the relationship from an AML perspective. To achieve this goal, a REM analyst needs to be able to understand risk concepts, identify root causes, and analyze complex issues. As such, responsibilities include:

Responsibilities:

• Understanding the applicable Global KYC Policies, Standards and Procedures
• Assess various components of the KYC Profile to support the disposition of the client. This may include: Client Information, Ownership Structure, Name Screening Matches, EDD, Product Profile, and Local Requirements.
• Identify and analyze interconnected risks within a KYC Profile
• When necessary, independently investigate risks components to understand context and resolve material issues
• Provide clear, concise, and self-sustaining risk analyses that support the ultimate disposition of each KYC Profile reviewed
• Disposition each KYC Profile in a timely and effective manner
• Provide advice from an AML perspective on issues escalated by the Business
• Escalate AML concerns or any significant suspicious activities to senior management
• Operationally review and apply risk rating overrides in applicable systems when requested by AML/non-AML functions
• Support management with provision of accurate weekly and monthly metrics if requested
• Ability to review KYC Profiles with higher risk characteristics (Category A Negative News, AML Program issues, etc.)
• Responsibilities may evolve as the program dictates

Qualifications:

• 3+ years of relevant work experience in AML
• Bachelor’s Degree and AML Certification preferred
• Proficient in English language and Portuguese preferred is a plus
• Effective verbal and written communication skills in both languages
• 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 ability 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 into context with regards to this role.

Education:

• Bachelor’s degree/ University degree or equivalent experience in AML

------------------------------------------------------

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

Professional Judgement, Writing Skills.

------------------------------------------------------

Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law.

If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review Accessibility at Citi.

View Citi’s EEO Policy Statement and the Know Your Rights poster.