VP - AML Independent Validation Lead Citi

5.0 - 12.0 years

0 Lacs

karnataka

On-site

The Citi Analytics & Information Management (AIM) team is a global community that objectively connects and analyzes information to create actionable intelligence for business leaders. As the Anti Money Laundering (AML) Independent Validation (IV) lead (Vice President), you will be part of AIM, based in Bangalore, and report to the SVP leading the team. Your role as the Team Lead for the Independent Validation team will involve overseeing independent validation on AML tools, statistical analysis, and optimization of the AML Transaction Monitoring system. You will be responsible for managing a team that executes AML Scenario/Tool validation, runs complex statistical analysis, data visualizations, and data processing based on globally consistent standards, procedures, and templates. These standards incorporate regulatory guidelines (OCC 2011-12), the Bank's Model Risk Management (MRM) Policy, framework, and industry-leading practices. The ideal candidate is expected to have management experience, an interest in or experience with financial data, execute with a high level of integrity, quality, and attention to detail, and present findings/recommendations clearly in both written and verbal formats. A background in statistics and/or mathematics, experience with data analysis and/or data mining, fluency in English, and excellent communication skills are necessary. Experience and knowledge in banking, finance, and/or AML will be desirable. Responsibilities: - Oversee Independent Validation of AML Scenarios, KPI reports, AML Cards Scenarios, etc., ensuring compliance with model governance policy, guidelines, and OCC requirements. - Document and communicate clearly, review validation processes and outcomes, and effectively present/discuss findings and recommendations to stakeholders. - Build an effective team, identify and develop talents, and prepare succession plans for key positions. - Coach and supervise juniors, ensure quality of analysis, and raise standards of excellence. - Innovate and generate new ideas to improve methods of obtaining and evaluating data. - Document solutions and present results in a simple comprehensive way to non-technical audiences. - Maintain industry-leading knowledge of tools, systems, and processes for AML Detection and Monitoring Operations. - Ensure Data Quality and Reliability. - Distribute validation reports and consult with model and business owners on validation results. Qualifications: - 12+ years of experience in Financial Services/Analytics Industry. - Prior experience in designing AML detection and monitoring systems. - Experience in AML analytics, AML Scenarios development, Threshold tuning, Segmentations, Clustering, Random Client Analysis, etc. - Experience with very large transactional systems. Knowledge of Mantas is considered an asset. - Experience in managing a diverse team. - Strong understanding and application of analytical techniques. - Effective communication skills at all levels of the organization. - Self-motivated with decision-making abilities. - Methodical analysis and problem-solving skills. - Minimum of 5 years of experience in SAS and/or R software. - Minimum of 5 years of experience with relational databases. - Master's degree in statistics/mathematics/technical science. Citi is an equal opportunity and affirmative action employer. Citi encourages all qualified interested applicants to apply for career opportunities.,

Posted 1 week ago

Apply

Start Your Job Search Today

Browse through a variety of job opportunities tailored to your skills and preferences. Filter by location, experience, salary, and more to find your perfect fit.