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Senior Vice President, Financial Crimes Middle East & Africa - Services

Citi
Dubai, UAE
Full Time
Executive
Yesterday
Financial Crime ComplianceAnti Money Laundering (AML)SanctionsAnti Bribery and Corruption (ABC)Fraud Risk ManagementRisk Management
Free

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Key skills for this role

Financial Crime ComplianceAnti Money Laundering (AML)Sanctions
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Team/Role Overview

  • This first line role is responsible for supporting the Services businesses in managing and mitigating financial crime risks end to end for the MEA cluster.
  • The successful candidate will lead the development and implementation of a comprehensive financial crimes strategy that integrates Sanctions, AML, Fraud, ABC and Reputational Risk management.

What you’ll do

  • Understand business owned products and services (payments, Baas, digital assets, custody, fund services, CC, LMS, trade finance…), as well as corresponding financial crimes related controls and processes.
  • Provide financial crimes compliance/risk management subject matter expertise to the Services businesses in MEA.
  • Assess complex issues, structure potential solutions, and drive effective resolution with other senior stakeholders.
  • Assess and help manage Financial Crime (AML, Sanctions, ABC & Fraud) as well as Reputational Risk across Services in MEA.
  • Assess existing control framework, identify potential compliance gaps.
  • Drive execution ensuring compliance with applicable laws, rules, and regulations.
  • Ensure adequate mapping of risk and processes and clear control ownership.
  • Create & maintain a robust partnership with the business heads, operations, technology and the second line of defense.
  • Ensure clear and timely escalation of control issues.
  • Drive a consistent and holistic approach to Financial Crimes risk management across Services.
  • Ensure early engagement on new business initiatives.
  • Conduct reviews of financial crimes processes and procedures.

What we’ll need from you

  • Bachelor’s/University degree required, master’s degree desirable
  • 15+ years’ experience in financial crime compliance or risk management
  • Financial Crime certification preferred (ACAMS, ACSS etc.)
  • Strong understanding of international Sanctions
  • Strong professional experience in Financial Services, in Financial Crime Compliance and/or Financial Crime Risk & Controls
  • Knowledge and understanding of Payments, Securities, Custody, Digital Assets, Correspondent Banking, Trade, Working Capital, and Liquidity Management products
  • Excellent interpersonal skills
  • Able to work independently and deliver according to strict timelines and quality standards
  • Demonstrated ability and confidence to challenge business management
  • Good oral and written communications skills
  • Able to drive change to business practices
  • Self starting with the ability to multitask and prioritize

Most Relevant Skills

  • Analytical Thinking, Controls Lifecycle, Credible Challenge, Governance, Policy, Procedure, and Regulation, Risk Management Lifecycle.

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