Aml Control Senior Analyst

The Compliance Anti Money Laundering Risk Management Intermediate Analyst is an intermediate level role responsible for recommending/ establishing internal procedures to prevent money laundering and assist in all matters concerning financial crimes in coordination with the broader Anti-Money Laundering (AML) 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. **Responsibilities**: MCA & Issue Management 1. Participate in training on the methodology, controls, etc. led locally or by the region related to MCA issues. 2. Lead the identification and classification of risks together with the process owners. 3. Review, together with business leaders, the scales of the methodology for classifying risks and evaluating the materiality of control deficiencies. 4. Carry out periodic validation of the effectiveness of existing controls to mitigate risks or effectiveness in their design. 5. Define every six months, together with the business leaders, the inherent risk profile and residual risk by process and by business. 6. Support audit reviews and execute defined action plans as needed. 7. Identification of deficiencies in the program that require the opening of action plans (issues/CAPs). 8. Define and implement the procedures for the appropriate and timely identification of emerging risks related to the business in charge. 10. Consolidate MCA results for reporting to BRCC and other communications. 11. Ensure that all issues identified through MCA (all sources of information) are resolved immediately or the respective iCAP is opened 2. Support process owners in defining action plans for identified issues, registering them in the corporate system, and keeping their status updated. 13. Ensure the proper conservation of the documentation that supports the MCA process. 14. Ensure compliance with both the corporate policies that support the MCA and the local regulations related to Operational Risk. **Translation results**: - RCM - 1. Keep the RCM (Regulatory Control Matrix) Regulatory Matrices updated - 2. Support with the owner of the process the definition of adequate controls to comply with such regulations. - 3. Establish control evaluation methods so that in this way the materialization of the regulatory risk can be minimized. - 4. For the cases in which it applies, coordinate with the person in charge of the MCA of the area, the development and implementation of the monitoring mechanisms that guarantee the evaluation of the controls established to comply with the regulation. - 5. Carry out the annual RCM review process in accordance with the guidelines given by Compliance. - BRC - 1. Responsible for the implementation and execution of the Business Continuity policy and standards for AML. - 2. Responsible for managing and updating the Business Impact Assessment -BIA and the Business recovery Plan - BRP for AML. - 3. Coordinate and document all exercises and testing activities that AML carries out. - 4. Keep the tool that supports business continuity management updated. - 5. Ensure that any non-compliance is documented and resolved in a timely manner. - RMO - 1. Ensure compliance with the Records Management policy and standards in AML Colombia. 2. Ensure compliance with legal requirements for Colombia. - 3. Responsible for the administration of the records inventory, as well as the retention times stipulated therein. - 4. Serve as the single point of contact for AML Colombia within the Records Management program. - 5. Support the AML team in complying with Records Management policies and standards. a. Coordinate the record inventory process. b. Carry out the monitoring of the Records Management process c. Meet the audit requirements related to the Records Management process. - 6. Guarantee the correct classification, storage and disposal of AML Colombia Records **Qualifications**: - 2-5 years of relevant experience - Knowledge of Anti-Money Laundering (AML) and regulations preferred - Consistently demonstrates clear and concise written and verbal communication - Good English level **Education**: - Bachelor’s Degree/University degree or equivalent experience This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required. - **Job Family Group**: Compliance and Control - **Job Family**: AML Compliance & Risk Mgmt - **Time Type**: Full time - Citi is an equal opportunity and affirmative action employer. Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran. View the "**EEO is the Law**" poster. View the **EEO is the Law Supplement**. View the **EEO Policy Statement**. View the **Pay Transparency Posting