The purpose of the role is to manage the day to day volumes of trades referred by the Transfer Agency to ensure AML compliance in line with Luxembourg Regulations.
Oversight and implementation of effective AML reviews ensuring they align with strategic goals and objectives regarding products and services, organizational structures and existing capabilities.
Development and utilization of MIS for the team.
Key responsibilities Of the Team :
Day to day management of team and adequate allocation of resources to ensure effective daily trade activity, screening, investor follow up and queries within the terms of our internal and external SLA.
Responsible for follow up with investors regarding outstanding AML documentation and update of records in this regard, in order to be able to report effectively to investors, Clients, Auditors and Internal Compliance, regarding investor AML compliance
Effective maintenance and archiving of all AML documentation in line with regulation
Remediation of investor bases converted form other administrators as appropriate
Implementation of new Clients and streamline process
Ongoing screening of investor against sanctions lists and appropriate internal and Client reporting based on results
Preparation for and presentation in Client operational calls regarding AML for the Client’s investor base; Due Diligence visits by Clients and Investors; Auditor visits
Ensuring a framework is in place which cultures strong relationships with External and Internal Stakeholders including Our Clients, the TA teams in Global Fund Services, the Citibank Europe Plc MLRO, the Fund MLRO’s
Review and implementation of new regulations; To include involvement in all phases of an implementation project, from initial analysis, vendor engagement, testing and roll out into the operations model.
Review of current processes and systems with the intention of identifying opportunities for operational efficiencies and defining a best in practice operating model for the AML team.
Management of team and stakeholders through accurate and relevant metrics
Participation to AML market committees such as ANABL representing the Transfer Agency
Liaison within the region from an TA AML perspective in order to ensure implementation of best practices and strengthening of the global operating model
Development Value :
This is an exciting opportunity to work with Clients regarding AML and to expand & develop operational legal and regulatory expertise.
It is a highly visible role within the bank and the role will allow the successful candidate the opportunity to influence and lead an AML team in a fast paced and evolving financial services organization.
Provides an opportunity to define and implement a best practice operating model (including automation) for the AML team in line with the Industry and Citi Global Fund Administration strategic and operational goals.
Knowledge / experience :
Strong planning, scheduling and organizational skills.
Ability to monitor and put in place additional controls to ensure effective running of the team.
Strong risk and control skills.
Attention to detail and strong analytical skills.
Agile, adaptable and highly motivated.
Excellent verbal and written communication skills, including ability to negotiate and influence.
Demonstrable ability to interact with senior management and clients showing in-depth knowledge of AML.
Ability to manage numerous competing concurrent activities.
Highly PC literate with excellent IT skills (e.g. Excel, PowerPoint, Word, Outlook)
Exceptional candidates who do not meet these criteria may be considered for the role provided they have the necessary skills and experience.
Excellent communication / facilitation skills.
Excellent time management, problem solving and analysis
Excellent audit skills, with attention to detail
Ability to deal positively with challenges and time pressures.
Ability to draft concise written reports with attention to detail.
Ability to work independently, and within a team unit.
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