Vice President, AML KYC GEDD - Periodic Transaction Review CRIU Senior Manager, Citi

Citi

Location:

Malaysia, Kuala Lumpur

Category:

Finance

Contract Type:

Not provided

Salary:

Not provided

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Job Description:

The Periodic Transaction Review (“PTR”) process is designed to supplement and enhance KYC documentation for certain higher risk client types, including Foreign Correspondent Banks, Payments Intermediaries, and Embassies. This role will ensure that the PTRs for all FCB, PI and Embassy clients are completed in accordance to Citi AML procedures and policies, and the Global PTR schedule and scoping requirements.

Job Responsibility:

Identify the Monthly Global PTR Population required to be produced in accordance to the scope and requirements, and assist with delivering formally to all regions
Assist in formally advising the key stakeholders of the client record renewal process, including relevant KYC Owners, of publication and availability of these reports for each region
Liaise with KYC Owners and the Business Support Unit on client records with issues (i.e. tech issues, renewal date shifts, etc.) on PTR Report production requirements, escalating to the proper channels where applicable, and advising the Global PTR Group to begin production when necessary
Frequently collaborate with regional PTR management / SMEs to gather feedback on all PTR Program initiatives, ensuring overall consistency in the process and procedures is in place, as well as for any implementation of new processes or changes to the program
Provide subject matter expertise of AML analysis and recommendations for the Relationship Managers, BSU and Local/Regional Compliance
Preparation of Suspicious Activity Reports (SARs) and recommend relationship retention or termination, and track account closures as required
Lead or participate in the development, implementation and/or maintenance of processes and procedures to ensure compliance with current regulatory guidance and Citi policy and achieves a “best in class” performance
Lead or participate in the hiring, training, mentoring and assessment processes related to employee candidates
Lead or participate in the development, testing, training and implementation of new or enhanced processes
Provide innovative, relevant, and substantial input on project-level initiatives in consideration of all regions in the Global PTR Program
Ability to work with limited/unfamiliar resources (i.e. transactional data sources, individuals in other regions, etc.) while balancing regulatory commitments specifically around working with new client types, jurisdictions, and products
Provide timely, concise updates to management with the ability to organize updates by priority level focusing on urgency of risks/roadblocks and milestones/deliverables
Support the PTR Report Production, when needed, which includes identifying Red Flags, Validating Negative Media, identifying unusual/suspicious activity based on AML Red Flag typologies, and Providing Recommendations to the findings
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 well as effectively supervise the activity of others and create accountability with those who fail to maintain these standards

Requirements:

6-10 years’ experience related to performing enhanced due diligence reviews of high-risk accounts preferred
Anti-Money Laundering (AML) Certification
Previous supervisory experience
Efficient verbal and written communication skills
Experience using online search tools
Experience writing and preparing Suspicious Activity Reports (SARs)
Bachelor’s/University degree, Master’s degree preferred

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, AML KYC GEDD - Periodic Transaction Review CRIU Senior Manager