Financial Investigations Unit Analyst - Fixed Term Contract

Financial Investigations Unit Analyst - Fixed Term Contract

  • Primary Location: Australia,New South Wales,Sydney
  • Other Location: Asia Pacific; Canada
  • Education: Associate's Degree/College Diploma
  • Job Function: Compliance and Control
  • Schedule: Full-time
  • Shift: Day Job
  • Employee Status: Regular
  • Travel Time: No
  • Job ID: 16053230


Position Summary/Overall Purpose of the Job:
To ensure that Citi Australia effectively and efficiently meets its AML/CTF suspicious matter reporting obligations.  This role; part of the Financial Investigations unit (FIU) team, involves conducting AML Investigations to determine if there is evidence of money laundering activity based on the Citi AML Compliance policies and procedures. The role will evaluate transactions and customer relationships based on established protocol identifying issues, making recommendations and where appropriate, escalating for further actions or investigation.
This role is based in our Sydney, Australia office and is a fixed term contract.
Key Accountabilities:
  • Conducting Anti-Money-Laundering (AML) Investigations; performing research taking into account various AML risk factors and indicators to determine if a Suspicious Matter Report (SMR) requires completion.  At the completion of the investigations, the officer is responsible for making recommendations to the Team leader on whether to lodge an SMR or not based on sound judgement, with supporting evidence and/or logical rationale for the recommendation.
  • Evaluates transactions and customer relationships for money laundering activities, identifies red flag issues and escalates within the AML framework for further consideration
  • Maintains familiarity with appropriate investigation techniques to support AML activities, including research utilising bank systems, intranet, internet and external vendor solutions as appropriate
  • Maintains external awareness of research trends, information, and techniques related to money laundering
  • Escalates complex or significant issues to more senior compliance employees
  • Contribute to the maintenance of the Investigations and procedure manuals, ensuring that both Group and Regional policies are adequately incorporated in addition to regulatory requirements
  • Determine the appropriate strategy to resolve escalated investigations and interface with the branch, business, or utility (CSIS, Legal) as necessary to gather relevant information to resolve the investigation
  • Champion corrective actions for any AML Investigation or KYC Investigation related breakages or process issues
  • Assists with self-assessment monitoring as required.
  • Assist with preparation of FIU related metrics/reporting as required
  • Contribute to various AML related projects as an AML Investigation/KYC Investigation and SMR Regulatory Reporting subject matter expert as required


Key Competencies/Skills:
  • Experience in investigations/money laundering/terrorism finance risk reviews
  • Understanding of Australian AML/CTF laws, rules and regulations including sanctions regimes
  • Strong analytical skills
  • PC Skills - Word, Excel, Powerpoint and Outlook
  • Language - Strong written and verbal skills
  • Strong practical experience in  banking
  • Payment systems and industry practice knowledge, especially in regards to the interaction with AML Transaction Monitoring and Regulatory Reporting
  • Personal Attributes/Interpersonal skills
  • Analytical thinker
  • Quick learner
  • Personal drive to achieve required outcomes within specified timeframes
  • Actively participate and work as part of a team
  • Prepared to work flexibly, including after hours if required
Qualifications/Experience Required:
  • Tertiary or additional relevant qualification an advantage
  • 1-3 years financial services or relevant experience minimum
When you work at Citi, you'll be working for an organization that truly has a global footprint and a powerful network that spans the globe. We celebrate individual ingenuity and leverage the diversity of our people in order to drive high performance. Through dedicated support, training and resources, we promote our talent and future leaders to bring about lasting and positive impact. Citi continues to be an Employer of Choice for Women and supports a flexible work environment.