GCB AML Compliance Officer-17055629 - Citi

Job Reference: HH100
Employer/Agency: Citi
Location: Singapore
Salary/Package: On application
Job Sector: General Management & Consulting
Date Posted:
Closing Date:

Position Objective:
To assist the Head in managing the Core Anti-Money Laundering (AML) functions for Citi Singapore, including Governance, Infrastructure, Risk Assessments, Exam Management and Controls in ensuring effective oversight and consistent implementation.
Key Responsibilities:
Administering the AML Governance and Business Risk Committee for Singapore. This includes managing logistics, preparation of decks and tracking follow-up actions
Maintaining the AML Regulatory Change Management (RCM)
Additionally, the Core AML Team would also work closely with the Citi Singapore AML Team to document a detailed mapping of applicable AML regulations, guidance and/or circulars to the Citi Singapore AML Program, and keeping this mapping up to date, whenever there are changes to regulations or the internal program
Ensure regulatory changes are clearly communicated to relevant parties; and tools/systems used internally (e.g. RCP) are consistently and effectively utilized to manage and track these changes
Advising on and maintaining the AML Manager’s Control Assessments (MCA) through the CitiRisk system tool, and providing oversight of AML related MCA tests owned by the first line
Document and execute the Compliance Monitoring program for AML (i.e. oversight of AML related controls and processes managed within the first line of defense functions)
Coordinate deliverables for regulatory exams and internal audit reviews to ensure Corrective Action Plans (CAPs) are managed in line with applicable firm standards
Administering as the point of reference for the execution of risk assessments (e.g. EWARA, EWORA and HARA) for the country
Managing AML inputs to the Country Compliance Plans, including CoB
Managing AML inputs to Dashboards and reporting items to Regional and Global governance forums (e.g. GBRC)
Provide an oversight to AML and Sanctions related processes that have been outsourced
Ensure quality and timeliness of AML and Sanctions related regulatory reporting
Identify key AML metrics for Singapore and define KRIs in consultation with Regional AML
Monitor and track AML related training for country staff, and ensure content is appropriate and up to date
Coordinate with Core AML Heads for other countries in APAC to ensure consistent program delivery where applicable

At least 5+ years in financial services and/or compliance related experience
Comprehensive understanding of US/Singapore AML and Sanctions regimes
Practical understanding of implementing policies, practices and processes
General knowledge of Singapore regulatory environment, AML and CTF risks
Good understanding/experience of retail and wholesale banking products
Able to build strong and professional rapport with key business, regulatory and Compliance/AML stakeholders
Sound judgment and the ability to prioritize key deliverables
Strong verbal and written communication skills
Relevant degree or professional qualification
Compliance/AML certification (eg. ACAMs, ICTA) is a bonus but not a must
Keen eye for details and willingness for hands-on execution
Ability to multitask and handle key deliverable with possible challenging deadlines
Highly motivated and an independent self-starter on tasks/deliverables

Primary Location: APAC-SGP-Singapore-Singapore
Job Category: Compliance and Control
Schedule: Full-time
Education Level: Bachelor's Degree
Shift: Day Job
Employee Status: Regular
Travel: No

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