Anti Money Laundering Compliance Officer

About the role

Citi is hiring an Anti Money Laundering (AML) Compliance Officer in Algiers. This intermediate role recommends and establishes internal procedures to prevent money laundering and supports all matters concerning financial crimes in coordination with the wider AML team. It is the first point of contact with regulators on financial crime and handles relevant regulatory reporting.

Key responsibilities

• Identify, vet and address potential risks or escalated issues with functional partners and stakeholders
• Use regulatory changes, new regulations and internal policy changes to spot new key risk areas
• Analyse comparative data, prepare and present AML risk assessment reports and monitor AML issues and escalations
• Develop action plans for compliance and control issues, weighing alternatives and balancing conflicting situations
• Create and develop AML Compliance Risk Management (ACRM) standards and policies
• Advise management on a plan of action based on risk analysis
• Assist in coaching and training new recruits
• Assess risk in business decisions, uphold the firm's reputation and escalate, manage and report control issues transparently

Required profile

• 5-8 years of experience
• Bachelor's degree or university degree or equivalent experience
• Anti-Money Laundering (AML) certification
• Knowledge of AML requirements applicable to banks
• Clear and concise written and verbal communication

Required skills

• Risk identification and assessment
• Risk controls and monitoring
• Laws and regulations
• Process execution and program management

The role is office-based with minimal travel and requires minimal physical effort; it is a full-time position within the Compliance family, AML Risk Management group.