Compliance AML Head of Risk Frameworks and Reporting

Welcome to Citi, a leading global bank that strives to provide innovative financial solutions to our clients. We are currently seeking a highly skilled and experienced individual to join our team as the Compliance AML Head of Risk Frameworks and Reporting. In this role, you will play a critical role in ensuring that our organization is in compliance with all applicable Anti-Money Laundering (AML) laws and regulations. You will be responsible for developing and implementing risk frameworks and reporting processes to identify and mitigate potential risks. The ideal candidate will possess strong leadership skills, have a deep understanding of AML regulations, and have a proven track record of successfully managing risk frameworks. If you are a results-driven and detail-oriented individual with a passion for compliance and risk management, we encourage you to apply for this opportunity.

1. Develop and implement risk frameworks and reporting processes to ensure compliance with all applicable AML laws and regulations.
2. Identify potential risks and develop strategies to mitigate them.
3. Collaborate with cross-functional teams to ensure compliance with AML regulations.
4. Lead and manage a team of compliance professionals to ensure timely and accurate reporting.
5. Stay updated on changes in AML laws and regulations and incorporate them into the risk framework.
6. Conduct regular audits and assessments to identify any gaps in the risk framework and take corrective actions.
7. Communicate and train employees on AML regulations, best practices, and the importance of compliance.
8. Work closely with senior management to provide insights and recommendations on AML risk management.
9. Monitor and analyze AML data to identify trends and potential areas of risk.
10. Develop and maintain relationships with regulatory bodies and serve as the point of contact for AML-related matters.
11. Prepare and submit reports to regulatory bodies as required.
12. Ensure that all AML policies and procedures are up to date and in line with regulatory requirements.
13. Maintain a high level of confidentiality and integrity in handling sensitive information.
14. Drive a culture of compliance and ethical behavior throughout the organization.
15. Participate in industry conferences and events to stay current on AML trends and best practices.

According to JobzMall, the average salary range for a Compliance AML Head of Risk Frameworks and Reporting in New York, NY, USA is between $150,000 to $250,000 per year. This salary range can vary depending on factors such as the size and location of the company, the level of experience and qualifications of the candidate, and the overall demand for this role in the job market.

Citigroup, Inc. is a global financial services holding company specializes in banking and financial solutions. It offers a range of products and services among individuals, corporations, governments and institutions such as savings, checking, online banking, individual retirements accounts, credit cards; personal, student, and commercial real estate loans, cash management services, home equity, and bill consolidation, as well as online banking services, cash management, transactions, trade, securities, and fund services.