AML Program Assessment Senior Compliance Analyst - AVP (Hybrid)

Citi; Kuala Lumpur; On-site; MYR 180,000 - 240,000; Full time

Job summary

Citi's Independent Compliance Risk Management (ICRM) AML Program Assessment team seeks a Senior Compliance Analyst in Kuala Lumpur, Malaysia. You’ll review AML Program controls for Foreign Banks and Payment Intermediaries, perform KYC due diligence, and prepare written assessments with clear escalation when needed.

Ideal candidates have 5+ years in AML, strong analytical and communication skills, ACAMS is a plus, and English proficiency; Mandarin a plus.

Qualifications

• 5+ years relevant AML experience.
• Strong understanding of AML and reputational risks including PEPs, sanctions, ABC.
• Experience with cash management products and correspondent banking.
• Clear and concise written and verbal communication.
• Ability to manage multiple priorities with stakeholders.

Responsibilities

• Review FCB & PI AML Program controls and identify concerns or weaknesses.
• Finalize/Review Periodic Transaction Reports and analyze High-risk activity flows.
• Own the process from start to finish including client interactions and information gathering.
• Assist with ad-hoc projects to improve processes and controls.
• Escalate, manage and report control issues with transparency.

Skills

AML risk management

KYC reviews

Regulatory knowledge

Communication skills

Risk assessment

Education

Bachelor's degree

Master's degree

Job description

Whether you’re at the start of your career or looking to discover your next adventure, your story begins here. At Citi, you’ll have the opportunity to expand your skills and make a difference at one of the world’s most global banks. We’re fully committed to supporting your growth and development from the start with extensive on-the-job training and exposure to senior leaders, as well as more traditional learning. You’ll also have the chance to give back and make a positive impact where we live and work through volunteerism.

Citi’s Independent Compliance Risk Management (ICRM) is an independent control function that provides guidance and challenge to the firm, managing compliance risk and promoting behavior that is consistent with Citi’s mission.

The AML Program Assessment (PA) team acts as the key AML contact for the Treasury & Trade Solutions businesses for Foreign Correspondent Banks (FCB) and Payment Intermediaries (PI) and is primarily responsible for ensuring the timely and effective review, management, identification and escalation (where required) of AML risk as related to our FCB& PI client’s AML Programs, controls and activity.

As part of their review, the team is responsible for ensuring that appropriate levels of due diligence and Know Your Customer (KYC) checks are conducted on FCB & PI relationships in line with relevant regulatory standards and for AML and regulatory training in regards to all FCB & PI relationships located across the relevant region and representation of AML in all relevant FCB & PI related forums. Additionally, the team undertake transaction analysis of these high-risk client accounts to confirm usage in line with client profile.

We’re currently looking for a high caliber professional to join our team as AML Program Assessment Senior Compliance Analyst, AVP (Internal Job Title: AML Risk Management Senior Analyst - C12) based in Kuala Lumpur, Malaysia. Being part of our team means that we’ll provide you with the resources to meet your unique needs, empower you to make healthy decision and manage your financial well-being to help plan for your future. For instance:

• Citi provides programs and services for your physical and mental well-being including access to telehealth options, health advocates, confidential counseling and more. Coverage varies by country.
• Citi provides access to an array of learning and development resources to help broaden and deepen your skills and knowledge as your career progresses.

In this role, you’re expected:

• Review of the FCB & PIs AML Program controls and identification of any concerns or weaknesses that may expose Citi to an unacceptable level of AML risk
• Finalize/Review Periodic Transaction Reports, which includes identifying unusual/suspicious Red Flags, validating Negative Media, and analysing High-risk activity flows.
• Full ownership of this process from start to finish is expected, including coordination of client interactions, follow up for client responses, acquisition of required information from internal stakeholders, etc. culminating in a written assessment of client AML program, including escalations as necessary.
• Assist with ad-hoc projects to improve processes.
• Additional duties as assigned.
• Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency.

As a successful candidate, you’d ideally have the following skills and exposure:

• Minimum 5 years relevant experience
• General and broad understanding of key AML and reputational risks, including PEPs, Sanctions, A B&C.
• Understanding of cash management products and correspondent banking.
• Consistently demonstrates clear and concise written and verbal communication
• Ability to work simultaneously with multiple conflicting priorities, timelines and stakeholders.
• Excellent judgment and assessment skills; proactively employs personal curiosity to identify and research parties using a risk-based approach.
• Excellent interpersonal and team-building skills
• Self-motivated and detail oriented
• ACAMS certification is an advantage.
• Prior experience with transaction-based KYC reviews is an advantage.
• English language proficiency is a requirement and, the candidate must be able to listen, speak, read and write at an advanced level.
• Mandarin language proficiency is an advantage.
• Education : Bachelor’s/University degree, Master’s degree preferred

Working at Citi is far more than just a job. A career with us means joining a family of more than 230,000 dedicated people from around the globe. At Citi, you’ll have the opportunity to grow your career, give back to your community and make a real impact.

Job Family Group:

Compliance

Job Family:

AML Risk Management

Time Type:

Full time

Most Relevant Skills

Analytical Thinking, Business Acumen, Credible Challenge, Digital Skills (Including AI), Laws and Regulations, Process Execution, Program Management, Referral and Escalation, Risk Controls and Monitors, Risk Identification and Assessment.

Other Relevant Skills

Management Reporting, Policy and Procedure, Risk Remediation.

Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law.

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