Citi

Assistant Vice President, TTS Sanctions Operations

Citi

full-time

Posted on:

Location Type: Office

Location: Mumbai • India

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Job Level

Lead

About the role

  • Supporting site / unit head with daily duties.
  • Leading / Managing Sanctions Ops Team (24/7).
  • Running projects related to CSIPL Hub / Sanctions.
  • Achieving & exceeding KPIs for the unit.
  • Working with KPIs to address gaps, and rooms for improvement.
  • Ensure a robust risk and control framework; work closely with Risk & Control and ICRM Sanctions partners to ensure management self-assessments, corrective action plans, and other Risk and Control deliverables are completed on time.
  • Represent TTS Sanctions Operations on critical sanctions matters as required.
  • Serve as liaison with Internal Audit, and Compliance Assurance Teams on critical Compliance issues and oversee the implementation of related remediation.
  • Collaborate with internal functions including ICRM Sanctions, Control Functions, and In-Business Risk to address compliance issues which may impact TTS business, products and procedures and ensures learnings are deeply embedded across Operations teams.
  • Work with TTS Product and Client Service Teams to ensure client escalations are addressed timely and such instances are minimized over time.
  • Handling regular global communication with business partners.
  • Proactive identification of process related risks and leadership in addressing them.
  • Overseeing the process.
  • Operate in a fast-paced environment that requires management, monitoring of work queues, either directly or through others to ensures available volumes are processed within TAT and cut-offs.
  • Ensure timely and accurate daily execution.
  • Identify, develop and retain key talent on behalf of the overall business.
  • Act as the senior management sanction contact point.
  • Actively support local and regional sanctions projects and initiatives.
  • Initiate and promote productivity, quality, automation and efficiency projects.
  • Drive Standardizations, Unlock Operational Efficiency.
  • Maintaining up-to-date knowledge and expertise in the Sanctions regulatory environment.
  • Timely reporting of all control requirements.
  • Ensure adherence to all global policies.
  • Manage staff performance and drive continuous improvement of quality of processes and productivity.
  • Lead and drive employee engagement and career development of teams.

Requirements

  • Bachelor’s/University / Post-Graduate degree or equivalent experience.
  • Previous relevant Sanctions experience (equal to or more than 10 years) required.
  • Fundamental comprehension of financial industry regulations.
  • Effective communication, written and analytical skills.
  • People management & development experience.
  • AI Knowledge (preferred but not mandatory).
  • Experience in project management or process management.
  • Experience in global environment working.
  • Ability to make decisions under time pressure and in crisis situations.
  • Knowledge of Sanctions, Screening, Red-Flags review, OFAC review, PEP reviews, Transformations related to Sanctions process.
  • Experience in the Financial Crime Compliance / Anti-Money Laundering / AML / Compliance / KYC / Sanctions sector will be an asset.
  • Ability to communicate with all associates in a professional manner.
  • An attitude towards providing the best services for the customer.
  • Flexibility regarding working hours and working days (including week-ends).
  • Domain related certification(s), if available.
Benefits
  • Citi provides programs and services for your physical and mental well-being including access to telehealth options, health advocates, confidential counseling and more.
  • Access to an array of learning and development resources to help broaden and deepen your skills and knowledge as your career progresses.
Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools
Sanctions experienceProject managementProcess managementFinancial industry regulationsSanctions regulatory environmentScreeningRed-Flags reviewOFAC reviewPEP reviewsFinancial Crime Compliance
Soft Skills
Effective communicationAnalytical skillsPeople managementDecision making under pressureCrisis managementEmployee engagementCareer developmentProactive identification of risksCollaborationFlexibility
Certifications
Domain related certification