Assist the ICG ACRM Head in managing the Anti-Money Laundering program for ICG Singapore, ensuring that the policies and practices of the business are in compliance with both local and U.S. regulatory requirements, advise business management and other stakeholders on AML risks, and assist in developing controls to mitigate such risks.
Assist in co-ordinating the implementation of any new AML Laws, Regulations or Policies for the ICG businesses. This may include (i) designing/executing/advising on effective control frameworks for AML risks (ii) documenting the same in the AML program (iii) enhancing CitiKYC and (iv) providing training where necessary
Providing advice to the businesses on AML related queries
Reviewing AML related escalations e.g. trade, account strategy etc
Reviewing requests for on-boarding/renewal of Payment Intermediary and Foreign Correspondent Bank clients, including conducting the compliance-to-compliance meetings and preparing the call report
Co-ordinate with businesses on (i) risk assessments and (ii) internal/extrernal audits. Manage issue resolution and any enhancements or corrective action plans that may arise from such risk assessments/audits.
Any other responsibilities as assigned
5 - 7 years financial services and / or compliance related experience
Comprehensive understanding of US/ Singapore AML & Sanctions regimes
Practical understanding of implementing policies, practices and processes
General knowledge of Singapore regulatory environment, AML and CTF risks
Good understanding of business and products for ICG Singapore
Sound judgment and able to prioritize
Strong verbal and written communication skills
Relevant degree or professional qualification
Personal resilience, ability to remain positive and constructive when faced with difficulties
Eye for detail and willingness for hands-on execution
Highly motivated and self-starter
Internal Number: 6278172
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