Vice President, ACRM Foreign Correspondent Bank, Citi

Citi

Location:
Malaysia, Kuala Lumpur

Category:
Banking

Contract Type:
Not provided

Salary:

Not provided

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Job Description:

We’re currently looking for a high caliber professional to join our team as Vice President, ACRM Foreign Correspondent Bank (Hybird) (Internal Job Title: Compl AML Risk Mgmt Officer - C13)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.

Job Responsibility:

Assessing FCB customer activity and advising on transaction based issues and exercising judgement on issues requiring further escalation or investigation
Supporting the Head of ACRM FCB for APAC on the effective management of the APAC FCB Portfolio
Managing the timely completion an execution of action plans for resolving open Correspondent Banking Oversight Committee cases
Developing and implementing SWIFT Analytics capability in APAC
Support on strategic reports and analysis generation (ie. Jurisdiction, industry, product, client specific risks)
Product learning’s on understandings gained on country specific expected activity
Assisting in the development of future state FCB monitoring capabilities (Mantas, Periodic Transaction Review etc)
Ensuring senior management is kept informed of all concerns arising from failure in FCB AML
Involvement in the drafting and production of training materials and presentation documentation on matters of interests (emerging risks, typologies, transactional activity and the FCB area)
Drafting, or participating in the drafting of, compliance related policies, procedures, agendas and letters. Make recommendations to develop or enhance business unit policies and procedures as they relate to compliance subject matter
and respond to compliance related questions from management and staff
Supporting KYC and sanctions teams in the performance of their responsibilities, as needed, for matters that require escalation
Responding to business line questions or act as a liaison between the businesses and the KYC and sanctions teams as requested on matters of significance or complexity. Assist the business unit to collect, review, and inform the Financial Intelligence or Global Intelligence Units of potential or suspicious activity
Partner with the investigations units (Financial Intelligence and Global Intelligence Units) to ensure that demonstrated activity of concern is appropriately escalated, managed and documented
Providing written analysis, comments or advice concerning compliance related risks or issues
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

Requirements:

Significant experience in the financial or payment services industries
Experience within the AML/ Compliance area with subject-matter expertise focused on foreign correspondent banking
A well developed understanding of cross border payment flow from a technical and operational perspective
Understand payment products, trends, typologies, and technologies and assess the AML risks associated
Transaction Monitoring experience i.e Mantas, Actimize
Highly proficient in MS excel (sort, pivot tables)
Advance Knowledge of MS Packages
Ideally have understanding of key AML , transactional reputational risks, including PEPs, Sanctions, AB and C
Knowledge of relevant AML laws and regulations and FATF Recommendations
Understanding of Trade, Cash management, Fund Services products and solutions
Mandarin proficiency (read, write & speak) is required
Bachelor’s Degree/University degree or equivalent experience

What we offer:

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

Additional Information:

Job Posted:
March 21, 2025

Employment Type:

Fulltime

Work Type:

Hybrid work

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Vice President, ACRM Foreign Correspondent Bank