Job Description :
The APAC Anti-Money Laundering (AML) Regulatory Reporting Compliance Senior Analyst is responsible for overseeing the requirements, and providing the appropriate governance and oversight related to local currency and other AML-related regulatory transactional reporting in alignment with the firm's Global AML Regulatory Transaction Reporting Standard and Global ICRM Regulatory Reporting Guidelines. This role is responsible for the support of, and continuous improvement to, a globally consistent control framework surrounding the tracking and management of reporting processes, data completeness, quality assurance and metrics within Citi, all in accordance with local law requirements.
This role is part of the AML Regulatory Reporting team which, in turn, forms part of the Global AML Program Integration and Emerging Trends function within Citi's AML Program, reporting to the APAC AML RTR Head responsible for governance and oversight of APAC's AML Regulatory Reporting Program. This team is responsible for the design and execution of the AML Regulatory Reporting framework that is integral and fundamental to the AML Program across Citi.
Key Responsibilities:- Assists APAC AML RTR Head in executing the oversight and delivery of the AML regulatory transaction reporting activities
- Collects, consolidates and presents the required reporting elements (i.e., metrics, changes in local regulatory reporting, Issues/CAPs, etc.) for the APAC region to the respective governance structure
- Act as subject matter expert and provide credible challenge and coordinate, as necessary, discussions between stakeholders across Citi's footprint: Regulatory Reporting Contacts, the Business, Business Technology, Independent Compliance Risk Management (ICRM), AML Monitoring Risk Management, AML Technology, and any other potentially impacted functions
- Works closely with the Country Regulatory Reporting Contact to obtain reporting metrics, Issues/CAPs, etc.
- Prepares appropriate analytics based on information received from countries and regions to identify risk or anomalies
- Analyze control measures and recommend enhancements to reporting capabilities and process deficiencies, where applicable
- Reviews and assesses results of Country Regulatory Reporting Contact assessments and validations related to local law changes and local regulator requests re-filings, regulatory reporting metrics, Issue/CAP details and progress, any updates to regulation management, QA/MCA results, etc. as appropriate
- Escalates regulatory reporting matters of concern to the APAC AML RTR Head, governance forums, as appropriate
- Assists in periodic assessment of countries which do not have a local AML regulatory reporting-related requirement whether they will continue to remain out of scope
- Assists in developing appropriate survey questionnaires to gain an understanding or validate the country-level processes
- Supports AML Regulatory Reporting program enhancement activities in the APAC region
- Ensures that all regional RTR responsibilities are carried out effectively and in a manner consistent with established local procedures, Global AML Regulatory Reporting Standard and Global ICRM Regulatory Reporting Guidelines
- 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
Education/Experience:- Bachelor Degree required and Master Degree desirable
- AML Certification or additional studies related to AML or financial crimes
- 5+ years of AML Compliance experience in a able financial institution, with previous experience conducting AML regulatory reporting function or within an Internal Audit or Compliance Testing function focused on AML
- Preferred additional risk management/operational experience in AML regulatory reporting related matters
- Preferred additional experience in stakeholder engagement with AML, Compliance Risk Management, Technology, and other relevant support functions
- Solid experience in reviewing, interpreting, and implementing Regional or Global Standards and Procedures
- Good knowledge of the laws and regulations relating to AML/CFT, FATCA regulations and practices
- Excellent organizational, time management and project management skills
- Strong writing, analytical and communications skills
- Able to multitask and complete activities on time
- Should be a self-starter, detail oriented and organized, and must have the ability to work independently, with minimal supervision
- Established solid business knowledge and comprehension of complex financial products covered under AML Regulatory Reporting
Technical Skills:- Bank Secrecy Act knowledge
- Knowledge of Global AML Regulatory Reporting Standard, Global ICRM Regulatory Reporting Guidelines and country-level AML regulatory reporting requirements in the APAC region
- Ability to identify key Risk Areas for effective AML regulatory reporting risk mitigation
- Excellent knowledge of regulatory reporting processes and requirements
- In order to drive Strategic Programs Implementation and provide oversight, candidate should
- Have demonstrated experience in Change Management, Strategic Business Analysis and Process Reengineering
- Have deep knowledge of Citi's AML related systems and Tools to effectively influence the process enhancements
- Be able to work with cross functional areas, e.g. AML, Compliance Risk Management, Technology and country-level stakeholders to support process enhancement or change initiatives
- Strong research, analytical and problem-solving skills
- Effective planning and organizational skills
- Solid PC skills (Microsoft Office)
Management Skills:- Experience in creating and implementing processes across AML/BSA related groups
- Ability to identify opportunities for improvements to efficiency, productivity, and quality control
- Collaborate with site and business management in addressing identified opportunities through projects and initiatives
Additional Qualifications:- Conflict Resolution: Ability to deal with confrontation and resolve conflict
- Self-Directed: Helps to be more effective with the volume of work and produce better quality of work by prioritizing work in a fast pace and high volume environment
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Job Family Group: Compliance and Control
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Job Family:AML Core
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Time Type:Full time
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Citi is an equal opportunity and affirmative action employer.
Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.
Citigroup Inc. and its subsidiaries (Citi) invite all qualified interested applicants to apply for career opportunities. If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review .
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