Senior Vice President Anti-Money Laundering Compliance Risk Management (ACRM)

Citigroup Inc.; Singapore; On-site; SGD 150,000 - 200,000; Full time

Job summary

A global financial services company seeks a Senior Vice President, Anti-Money Laundering Compliance Risk Management in Singapore. This role demands over 10 years of experience in AML, leadership skills, and the ability to influence across cultures. The successful candidate will execute AML risk management policies, maintain compliance, and analyze risks while reporting to senior management. Ideal for those looking to make a significant impact in a vital compliance function. Competitive benefits package included.

Benefits

Paid Parental Leave

Financial well-being programs

Generous paid time off

Qualifications

• 10+ years of relevant experience.
• Anti-Money Laundering (AML) certification.
• Experience in managing regulatory exams and relationships with examiners and auditors.
• Extensive knowledge of regulatory requirements including local and US laws.
• Demonstrated analytical skills and leadership abilities.

Responsibilities

• Execute and implement AML risk management policy.
• Maintain AML compliance program for the business.
• Monitor AML related issues and escalations.
• Advise senior management on escalated matters.

Skills

Anti-Money Laundering expertise

Regulatory compliance knowledge

Analytical skills

Leadership skills

Interpersonal skills

Education

Bachelor’s degree or equivalent experience

Master’s degree preferred

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.

Shape your Career with Citi

Citi’s Global Legal Affairs and Compliance (GLAC)

Global Legal Affairs and Compliance (GLAC) empowers and protects Citi by providing legal, compliance, investigative, and security services to our firm. We manage compliance risk, provide legal analysis and advice, protect Citi’s people and businesses, advocate for legal and regulatory outcomes that benefit our firm and our clients, and ultimately promote behavior that is consistent with Citi’s mission and culture.

We’re currently looking for a high caliber professional to join our team as Senior Vice President, Anti-Money Laundering Compliance Risk Management (ACRM) Senior Officer – Asia South Markets (Internal Job Title: AML Risk Management Senior Lead Analyst - C14) based in Singapore. 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:

• We believe all parents deserve time to adjust to parenthood and bond with the newest members of their families. That’s why in early 2020 we began rolling out our expanded Paid Parental Leave Policy to include Citi employees around the world.
• We empower our employees to manage their financial well-being and help them plan for the future.
• We have a variety of programs that help employees balance their work and life, including generous paid time off packages.

The Anti-Money Laundering (AML) Risk Management (ACRM) Senior Lead Analyst is senior level position in the Global Markets ACRM team and Asia South Cluster lead, responsible for establishing internal procedures to prevent money laundering and assist in all matters concerning financial crimes in coordination with the broader AML team. The overall objective is to utilize established disciplinary knowledge to identify inconsistencies in data or result and formulate strategic recommendations on policies, procedures, and practices. The senior level position also has product coverage responsibilities and oversight for the Foreign Exchange (FX) & Rates business lines globally. The position will report to and support the Global Markets FX & Rates ACRM Head, focusing on the Markets business for Asia South Cluster, working with country Anti-Money Laundering Compliance Officers (AMLCOs), as needed, to help drive global and cluster AML program goals and the FX & Rates business globally with first line and second line stakeholders.

In this role, you’re expected to:

• Execute and implement firm-wide AML risk management policy and strategic direction
• Maintain AML compliance program for the business including assessment of risks and the development of policies, procedures, and governance
• Identify and assess risk, vulnerabilities, and opportunities for efficient and effective risk coverage
• Work within team and across business/functional line management to assess complex issues, structure potential solutions, and drive effective resolution permissible statutory and regulatory frameworks
• Analyze data, prepare and present regional/global reports related to AML risk assessments
• Monitor AML related issues and escalations with senior management and global partners
• Evaluate and respond to escalated matters, further elevate as required, and advise senior management on next steps as needed
• 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.

Qualifications

• 10+ years of relevant experience
• Anti-Money Laundering (AML) certification
• Experience in managing regulatory exams and relationships with examiners and auditors
• Extensive knowledge of appropriate regulatory requirements including local and United States (US) laws, international and industry standards
• Extensive knowledge of AML regulations, risks, and appropriate controls
• Demonstrated analytical skills
• Demonstrated leadership and motivational skills
• Ability to work with regional and global partners, and influence and lead people across culture and senior level

Education

• Bachelor’s degree/University degree or equivalent experience
• 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.

Take the next step in your career, apply for this role at Citi today.

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