Michał Karolak Email and Phone Number
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• Experienced leader, successfully managing an organization consisting of 55+ professionals, including managers (continuously excellent Voice of Employee results)• Leader of successful digitization and automation projects which use state-of-the-art technology solutions that push the impacted processes to new heights (e.g. Artificial Intelligence, RPA or NLP in AML Monitoring), some executed together with Tech and FinTech startups• Winner of the annual Citi Progress Award, an enterprise-wide initiative to recognize Citi’s most innovative and scalable projects (Award won after successfully promoting the prototype and gathering support across Citi; final honors were awarder after presenting to Citigroup board)• Experience in managing multiple organizations and complex processes at the same time, proven ability to quickly shift focus, learn new topics and make effective decisions• Great results in process optimization initiatives (process turnaround time reduced by 50% and productivity increased by 30% in 2020 alone)• Experience in managing complex, cross-unit projects (e.g. BPM project, Digital Mailroom), some of which are sponsored by Senior Management• Experience in navigating complex local, regional and global management structures• Excellent knowledge of both corporate and retail banking products (approver in New Product Approval process)• Great relationships with internal clients, external vendors, as well as regional and global partners• Excellent track record proved by constant top year-end ratings
Citi
View- Website:
- citigroup.com
- Employees:
- 201877
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Head Of Western Europe Cluster, Kyc OperationsCiti Mar 2023 - PresentWarszawa, Woj. Mazowieckie, Polska -
Senior Manager At Financial Crimes UnitPwc Polska Sep 2021 - Feb 2023Warsaw, Mazowieckie, PolandKey responsibilities:• Managing and delivering Client engagements: large operational projects and consulting projects for banks and financial services companies• Leading teams of AML professionals delivering work on Client projects in a variety of roles (operations, policy & compliance, process, technology)• Developing Financial Crime Unit's AML Transaction Monitoring offering• Business development activities, including targeting Clients, developing proposals and closing deals -
Head Of Financial Intelligence Unit, Compliance Risk ManagementCiti Jul 2016 - Aug 2021Warsaw, Masovian District, PolandKey responsibilities:• Developing and maintaining an effective AML transaction monitoring and sanctions screening process in compliance with Polish, European and American AML/BSA regulations• Leading an organization consisting of 55+ experienced AML professionals, including 4 managers• Managing 5 AML monitoring systems and their vendors• Implementing regulatory projects• Implementing automation and optimization initiatives (Robotic Process Automation, Predictive Analytics, Natural Language Processing) in cooperation with Tech and FinTech companies and startups -
Acting Head Of General ServicesCiti Dec 2019 - Sep 2020Warsaw, Mazowieckie, PolandKey responsibilities:• Oversight over services provided within the Bank: e.g. car fleet, records management, mailroom, archive, printing services, business travel• Rapid digitization of services in light of COVID-19 pandemic to ensure process continuity when the Bank moved to remote work model• Developing relationships with external vendors, executing procurement processes for service vendors• Creating strategic plans for crucial process changes, e.g. digitization of correspondence flow – launching and running Digital Mailroom project, sponsored by the Bank’s CEO -
Acting Head Of Shared ServicesCiti Nov 2019 - Mar 2020Warsaw, Mazowieckie, PolandKey responsibilities:• Oversight over multiple shared services functions: AML Operations, HR Shared Services, Accounts Payable (Procure-to-Pay) & Finance Shared Services, General Services• Oversight over digital transformation projects across back office (Robotics, IA/ML solutions, Lean & Continuous Improvement, Paperless) -
Bpm Program Project Manager, AvpCiti Handlowy Sep 2015 - Jun 2016Warsaw, Masovian District, PolandKey responsibilities:• Managing 3 digitalization and optimization projects in Corporate Banking sector• Developing, adjusting and communicating project strategies• Creating appropriate project plans and executing the projects according to schedule• Maintaining oversight over the execution phase of the projects• Maintaining good relationship with all stakeholders and external vendors• Sourcing ideas for applications of new digital banking technology -
Aml Operations Manager, AvpCiti Handlowy Jan 2014 - Jun 2016Warsaw, Masovian District, PolandKey responsibilities:• Leading a team of 20+ Analysts responsible for AML transactional monitoring for both retail and corporate clients• Ensuring delivery of contractual SLAs and KPIs• Designing and implementing various operational and cost-saving initiatives• Continuous improvement and optimization of AML monitoring processes• Performance monitoring• Employee development, including development plans, designing stretch assignments, coaching and mentoring• Capacity planning -
Aml Project Coordinator In Operations & TechnologyCiti Handlowy Mar 2013 - Jan 2014Warsaw, Masovian District, PolandKey responsibilities:• Project coordination• Implementation of new AML monitoring system and case management tool• User Acceptance Testing coordination• Leading the work of the UAT team• Preparation of UAT test scripts, plan and schedule• Preparation of AML monitoring solutions for new banking products• Analyzing the accuracy and efficiency of the AML monitoring system• Continuous improvement and optimization of AML monitoring processes• Preparing statistical data for various reports• Coding VBA macros which improve the work of the team• Preparation of capacity plans for the Transaction Monitoring Team -
Aml Coordinator/Aml Analyst In Compliance DepartmentCiti Handlowy Feb 2011 - Mar 2013Warsaw, Masovian District, PolandKey responsibilities:• Project coordination• Analyzing the accuracy and efficiency of the AML monitoring system• Continuous improvement and optimization of AML monitoring processes• Verifying and updating customer segmentation for the purpose of AML monitoring• Modifying, verifying and updating existing AML scenarios and reports• Preparing statistical data for various reports• Coding VBA macros which improve the work of the team• Monitoring of the accuracy of customer data stored within the Bank’s systems and, if necessary, requesting needed updates• Analyzing alerts and investigating transactional activities to detect any suspicions of money laundering or terrorist financing activity• Preparing SARs (Suspicious Activity Reports) on suspect transactions for The General Inspector of Financial Information -
Trainee - ConsultantPolkomtel Mar 2008 - Jan 2011Warsaw, Masovian District, Poland
Michał Karolak Skills
Michał Karolak Education Details
Frequently Asked Questions about Michał Karolak
What company does Michał Karolak work for?
Michał Karolak works for Citi
What is Michał Karolak's role at the current company?
Michał Karolak's current role is Head of Western Europe Cluster, KYC Operations at Citi.
What is Michał Karolak's email address?
Michał Karolak's email address is mi****@****ail.com
What schools did Michał Karolak attend?
Michał Karolak attended Sgh Warsaw School Of Economics.
What skills is Michał Karolak known for?
Michał Karolak has skills like Aml, Banking, Project Coordination, Anti Money Laundering, Financial Analysis, Microsoft Excel, Corporate Finance, Risk Management, Vba, Microsoft Office, Uat Coordination, Team Leadership.
Who are Michał Karolak's colleagues?
Michał Karolak's colleagues are Stephanie Kiefer, Arthur Shapiro, Sienna Kaur, Mothish Raj Selvaraj, Thomas L., Murray Coon, Yunita Yunita.
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Michal Karolak
Head Of Ot/Ics And Scada Cybersecurity Center Of Excellence At Oil And Gas CompanyWarsaw1wp.pl -
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