At a Glance
- Tasks: Lead a global team in AML, driving performance and developing innovative risk management strategies.
- Company: Join a leading financial institution committed to compliance and innovation.
- Benefits: Competitive salary, comprehensive benefits, and opportunities for professional growth.
- Other info: Be part of a diverse team that values accountability and continuous development.
- Why this job: Shape the future of AML in a dynamic environment with cutting-edge technologies.
- Qualifications: 15+ years in AML, with strong leadership and regulatory knowledge.
The predicted salary is between 80000 - 120000 £ per year.
Responsibilities
- Lead and develop a global team of AML professionals, driving performance, accountability, and continuous talent development.
- Own and implement the firm-wide AML Risk Management framework, including policy, strategy, and the ongoing delivery of the AML Compliance Risk Management (ACRM) program across clients, products, and geographies.
- Lead, coach, and develop a global team of AML professionals, fostering a culture of accountability, inclusion, and continuous development.
- Build leadership capability across the organization, ensuring strong succession pipelines and depth of expertise.
- Drive high performance standards, reinforcing ownership and accountability for risk and control outcomes.
- Act as a senior AML risk manager and thought leader, delivering risk-based, cost-effective outcomes across multi-year strategic and control initiatives.
- Shape forward-looking AML strategies, policies, and training programs, anticipating and responding to evolving financial crime risks across emerging technologies, new products, and changing regulatory landscapes.
- Provide comprehensive AML oversight for payments, digital assets, and emerging technologies, ensuring risks are effectively identified, assessed, and mitigated.
- Lead the development and implementation of robust AML controls for high-volume, complex, cross-border, multi-currency and 24/7 transaction environments.
- Proactively identify, assess, and mitigate AML risks associated with new Services product offerings, interoperability initiatives, and the integration of emerging technologies into existing payment and liquidity management platforms.
- Provide expert guidance and credible challenge on AML implications arising from BaaS product and service offerings.
- Translate AML requirements into practical business solutions, structuring and driving resolution of complex issues in partnership with senior stakeholders.
- Maintain strong engagement with the business, ensuring initiatives are executed within regulatory expectations.
- Demonstrate deep knowledge of Services products and articulate AML implications clearly to senior stakeholders and regulators.
- Promote pragmatic, scalable solutions that balance effective risk management with client experience and business growth.
- Lead engagement with regulators and internal audit on AML matters, including examinations, reviews, and issue remediation.
- Serve as a subject matter expert in regulatory interactions related to digital assets and payments innovation.
- Oversee and coordinate internal assurance activities, including risk assessments, self-assessments, internal audit, and compliance testing.
- Ensure sound risk management practices are embedded in all business decisions, safeguarding Citi’s reputation and ensuring compliance with applicable laws, regulations, and policies.
- Drive a culture of accountability, effective supervision, and transparent escalation and management of control issues.
Qualifications
- 15+ years of relevant experience.
- 10+ years of managerial experience.
- Prior knowledge of payment related products and infrastructure is a must.
- Advanced degree (e.g. JD, MBA) or AML certification.
- Experience in a financial institution, specifically in AML.
- Experience in managing regulatory exams and relationships with examiners and auditors.
- Extensive knowledge of appropriate regulatory requirements including local and US laws, international and industry standards.
- Extensive knowledge of AML regulations, risks, and appropriate controls.
- Demonstrated leadership and motivational skills.
- Ability to work with regional and global partners, and influence and lead people across culture and senior level.
Education
- Bachelor’s degree/University degree or equivalent experience.
- Master’s degree preferred.
Job Family Group: Compliance
Job Family: AML Risk Management
Time Type: Full time
Most Relevant Skills: Business Acumen, Credible Challenge, Laws and Regulations, Management Reporting, Policy and Procedure, Program Management, Referral and Escalation, Risk Controls and Monitors, Risk Identification and Assessment, Risk Remediation.
Head of AML, Services in London employer: Citi
Citi is an exceptional employer, offering a dynamic work environment that fosters innovation and professional growth in the field of AML. With a strong commitment to diversity and inclusion, employees are encouraged to develop their skills and advance their careers while working alongside a global team of experts. The company's focus on cutting-edge technologies and regulatory compliance ensures that employees are at the forefront of the financial services industry, making a meaningful impact in a rapidly evolving landscape.
StudySmarter Expert Advice🤫
We think this is how you could land Head of AML, Services in London
✨Join Compliance Communities
Get involved in compliance and risk communities — both online and offline. Look for forums, LinkedIn groups, or even local meetups where compliance pros hang out. You never know who might drop a job opportunity your way!
✨Attend Industry Conferences
Keep an eye out for compliance and risk management conferences and workshops in your area. These events are a goldmine for networking, and they often have job boards or recruiters on-site looking for new talent. Plus, it’s a chance to learn what's trending in the field.
✨Leverage Your University Career Services
If you’ve recently graduated or are still studying, head over to your university's career services. Many companies, including those in compliance, actively recruit fresh talent through these services, so make sure you tap into that resource.
✨Showcase Your Knowledge Online
Start writing articles or blog posts about compliance topics that interest you. Share them on platforms like LinkedIn to demonstrate your knowledge and passion. This not only builds your presence in the field but can also catch the attention of companies like Citi looking for candidates who are engaged and informed.
We think you need these skills to ace Head of AML, Services in London
Some tips for your application 🫡
Show Your Understanding of Compliance:In the compliance-risk field, it's super important to showcase your understanding of regulations and risk management frameworks. Highlight any relevant coursework, certifications (like ICA or AML), or even projects that demonstrate your knowledge and commitment to this area. We want to see how you can navigate this complex landscape!
Quantify Your Achievements:When detailing your experience, try to quantify your achievements. For example, if you've previously worked on a project that improved compliance metrics or reduced risk exposure, give us the numbers! This data-driven approach really stands out to hiring managers in compliance-risk roles.
Tailor Your CV to Reflect Relevant Skills:Make sure your CV highlights skills that are particularly relevant to compliance, like attention to detail, analytical thinking, and report writing. Ensure these are easy to spot – consider using bullet points to break down your responsibilities and achievements for maximum impact!
Craft a Motivating Cover Letter:In your cover letter, let us know why you’re excited about the compliance-risk role at Citi. Share what motivates you about compliance, and how you believe you can contribute to our mission. This is your chance to showcase not only your skills but also your passion for this important field!
How to prepare for a job interview at Citi
✨Master the Regulations
Brush up on key compliance regulations relevant to the industry you're applying to. Familiarising yourself with specific laws and frameworks used in your field will give you an edge during technical questions. Show that you’re not just aware of them but can also apply them—think real-life scenarios!
✨Show Your Analytical Skills
Compliance roles really focus on analytical skills, so be prepared for case studies or situational questions during the interview. We've got to demonstrate how we approach risk assessments or compliance audits, possibly drawing on examples from past experiences or university projects. Bring some thoughtful case scenarios to discuss!
✨Know Your Tools
Get comfortable with commonly used compliance software and tools. Familiarity with platforms like RSA or MetricStream can really impress during your interview, as it shows you're ready to hit the ground running. If you’ve had any experience with them, make sure to highlight that!
✨Align with Company Culture
Since it's a full-time position, show your long-term commitment and interest in the company’s mission and values. Dive into how your ethics and professional philosophy align with Citi’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
