AML Compliance Monitoring Officer – Citi Summer Internship


Website Citi

Job Overview:

The AML Compliance Monitoring Officer role is a senior professional role. The AML Compliance Monitoring Officer role reports to the AML Program Oversight Head and is responsible for the ongoing review and analysis of overall risks and/or other business metrics that assist in the identification of potential violations of Laws, Rules, and Regulations or breaches of Policy in coordination with the broader Anti-Money Laundering (AML) Compliance Risk Management team. The overall objective is to utilize established disciplinary knowledge to identify inconsistencies in data or result and formulate strategic recommendations on policies, procedures, and practices.

What you’ll do:

  • Identify potential areas of risk and conduct targeted reviews to identify issues.
  • Help to build the annual AML Compliance Monitoring Plan, including creating compliance monitoring routines and procedure steps.
  • Determine the root cause that contributed to or caused an issue, in order to help the business identify what actions are needed to minimize or eliminate repeat exceptions.
    • Track identified issues.
    • Follow up with business lines to validate that an identified issue has been mitigated.
  • Produce reporting related to AML Compliance Monitoring findings and the status of the overall AML program.
  • Collaborate with AML teams and share findings to conduct remediation, as necessary.
  • Document the results of evaluations, addressing the monitoring objective and the expected outcome.
  • Coordinate AML Compliance Monitoring activities across regions.

What you’ll have:

  • Critical thinking and high quality written/presentational skills
  • 5+ years of experience in Anti-Money Laundering/Financial Crimes
  • A comprehensive understanding of the regulatory and compliance environment surrounding AML
  • Master’s degree preferred
  • Working knowledge of industry standards and practices
  • The ability to identify opportunities for enhancement and manage to completion
  • The ability to identify opportunities for enhancement and manage to completion.
  • The role requires an ability to manage and plan for multiple deadlines across competing priorities. Also required are highly developed inter-personal and communication skills.
  • Critical thinking and high quality written/presentational skills.
  • A comprehensive understanding of the regulatory and compliance environment surrounding AML.
  • Highly developed inter-personal and communication skills
  • An ability to manage multiple deadlines across competing priorities
  • Bachelor’s Degree/University degree or equivalent experience
  • Anti-Money Laundering (AML) certification preferred