Know Your Customer Intermediate Associate Analyst

Citi • Tampa, FL

84d • $56,020 - $78,180

About The Position

The Know Your Customer Intermediate Associate Analyst will work with the Origination and Closing team to determine legal entities within the transaction structure that require entry into Citi systems and/or constitute an Anti-Money Laundering (AML) relationship. The role involves creating, modifying, and refreshing client records in Citi’s proprietary entity reference data system. The analyst will gather relevant information and documentation from various sources, including public databases, the Origination team, and the client, to ensure that Know Your Customer (KYC) records are completed accurately according to Citi’s KYC program. Additionally, the analyst will monitor the Citi transaction pipeline and follow up with appropriate parties to ensure KYC records are created and approved in a timely manner. The role requires collaboration with the Business Support Unit and Compliance to assess documentation requirements for client legal entities to complete AML/KYC records. The analyst will also liaise with the internal compliance team on the application of KYC policies to Citi clients within the Citi KYC system, document processes to improve efficiency and transparency, and interact with banking teams and clients to explain AML/KYC requirements while maintaining a high level of client service. Compliance with service level standards to complete KYC activities and address rejections made by Checkers is essential. The analyst will utilize analytical skills to assess counterparty risk and formulate a supportable rationale on KYC escalations, while maintaining education and knowledge regarding AML, KYC, and OFAC regulations as they relate to the USA PATRIOT Act and other pertinent regulations.

Requirements

• 2-3 years relevant work experience.
• Understanding of AML KYC regulations and knowledge of KYC processes throughout the client lifecycle.
• Prior experience with regulatory compliance and AML transaction/risk monitoring tools.
• Strong communication skills, both verbal and written.
• Excellent organizational and interpersonal skills.
• Ability to multi-task under tight deadlines.
• Desire to work in a fast-paced environment.
• Self-motivated and detail-oriented.

Nice To Haves

• Experience or knowledge in Affordable Housing Development.

Responsibilities

• Work with the Origination and Closing team to determine legal entities requiring entry into Citi systems.
• Create, modify, and refresh client records in Citi’s proprietary entity reference data system.
• Gather relevant information and documentation from various sources to ensure KYC records are completed accurately.
• Monitor the Citi transaction pipeline and follow up with appropriate parties to ensure timely creation and approval of KYC records.
• Collaborate with Business Support Unit and Compliance to assess documentation requirements for client legal entities.
• Liaise with internal compliance team on the application of KYC policies.
• Document processes to improve efficiency and transparency.
• Interact with banking teams and clients to explain AML/KYC requirements.
• Comply with service level standards to complete KYC activities.
• Utilize analytical skills to assess counterparty risk and formulate rationale on KYC escalations.
• Maintain education and knowledge regarding AML, KYC, and OFAC regulations.

Benefits

• Medical, dental & vision coverage.
• 401(k).
• Life, accident, and disability insurance.
• Wellness programs.
• Paid time off packages including vacation, sick leave, and paid holidays.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: Bachelor's degree
• Number of Employees: 5,001-10,000 employees