• Competitive
  • Kuala Lumpur, Malaysia
  • Permanent, Full time
  • Citigroup Transaction Services (M) Sdn Bhd
  • 20 Oct 17

MYS CTSM KL - KYC Risk Evaluation Senior Analyst

MYS CTSM KL - KYC Risk Evaluation Senior Analyst

  • Primary Location: Malaysia,Wilayah Persekutuan,Kuala Lumpur
  • Education: Bachelor's Degree
  • Job Function: Compliance and Control
  • Schedule: Full-time
  • Shift: Day Job
  • Employee Status: Regular
  • Travel Time: Yes, 10 % of the Time
  • Job ID: 17065083


Description

Roles and Responsibilities:
  • Analyzing alerts and investigating customers who match with SDN, Politically Exposed Persons and Negative Media lists during the account opening and maintenance processes
  • Conducting searches, gathering data and recording evidence from internal systems, the internet, commercial databases and enquiry with business or Compliance contacts within the organization 
  • Gather supportive information from a list of internal and external public and private databases based on global standard process
  • Accumulating facts from investigations to be utilized in presentation to Senior Management and Compliance
  • Conducting enhanced due diligence investigations in support of policies and procedures
  • Reporting unusual client activities which might relate to sanctioned individuals, money laundering or terrorist financing
  • Conduct alert investigation using global standard policies, procedures and tools, aimed at meeting internal and external regulatory requirements
  • Building and applying knowledge of sanctions and anti-money laundering processes  
  • Interface with the AML Senior Management, Business Management, AML Advisory Compliance, AML Legal, Product Compliance, and CSIS to resolve issues, discuss patterns and trends, policy changes, etc
  • Interface directly with regulatory examiners, Internal Audit and Compliance Testing to discuss/evaluate observations, issues, process improvements and potential corrective action plans
  • Maintain Client On-boarding & Maintenance procedures for processes owned by AML Compliance
  • Evaluate metrics and quality reviews of team lead and analyst productivity to identify areas for improvement, training needs and the degree of compliance with procedural requirements
  • Track MIS to report patterns and trends to AML Management and Business
  • Conduct team meetings and review team procedures
  • Provide guidance to the businesses, including training and developing training materials
  • Ability to understand and comprehend complex products across NAM business sectors
  • Mentor junior team members
Qualifications:
  • 10+ Prior work experience in a financial institution and relevant exposure in AML and Sanctions
  • Prior experience managing a team is preferred
  • Knowledgeable of the laws applicable to money laundering, including the Bank Secrecy Act, The USA PATRIOT Act, US Treasury AML guidelines, OFAC requirements, and Suspicious Activity Reporting requirements
  • General understanding of Senior Public figures, Money Service Businesses, Wealth Management and Retail preferred as well as compliance with those business segments is preferred
  • 4- Year College Degree or equivalent experience
  • 5+ years experience in AML Compliance, preferably related to performing enhanced due diligence reviews of high risk clients, reviews of client transactions and/or AML investigations
  • Strong writing, analytical, and communication skills, and must be able to multi-task and complete projects on time
Additional Skills:
  • Highly motivated and team oriented individual with good interpersonal and communication skills and strong analytical abilities
  • Proactive,  organized, and ability to work independently without supervision
  • Must have the ability to use Microsoft Office products and/or similar business systems and learn multiple systems applications quickly
  • Strong research skills, advanced skills in the use or in the outputs of Microsoft Office products and/or similar business systems, and in-depth knowledge and experience with the Internet and on-line research systems
  • Must  be able to multi-task and complete projects on time
  • Excellent attention to details and follow-up skills
  • Ability to independently refer to policies and procedures and put into context with regards to this role


Qualifications

Roles and Responsibilities:
  • Analyzing alerts and investigating customers who match with SDN, Politically Exposed Persons and Negative Media lists during the account opening and maintenance processes
  • Conducting searches, gathering data and recording evidence from internal systems, the internet, commercial databases and enquiry with business or Compliance contacts within the organization 
  • Gather supportive information from a list of internal and external public and private databases based on global standard process
  • Accumulating facts from investigations to be utilized in presentation to Senior Management and Compliance
  • Conducting enhanced due diligence investigations in support of policies and procedures
  • Reporting unusual client activities which might relate to sanctioned individuals, money laundering or terrorist financing
  • Conduct alert investigation using global standard policies, procedures and tools, aimed at meeting internal and external regulatory requirements
  • Building and applying knowledge of sanctions and anti-money laundering processes  
  • Interface with the AML Senior Management, Business Management, AML Advisory Compliance, AML Legal, Product Compliance, and CSIS to resolve issues, discuss patterns and trends, policy changes, etc
  • Interface directly with regulatory examiners, Internal Audit and Compliance Testing to discuss/evaluate observations, issues, process improvements and potential corrective action plans
  • Maintain Client On-boarding & Maintenance procedures for processes owned by AML Compliance
  • Evaluate metrics and quality reviews of team lead and analyst productivity to identify areas for improvement, training needs and the degree of compliance with procedural requirements
  • Track MIS to report patterns and trends to AML Management and Business
  • Conduct team meetings and review team procedures
  • Provide guidance to the businesses, including training and developing training materials
  • Ability to understand and comprehend complex products across NAM business sectors
  • Mentor junior team members
Qualifications:
  • 10+ Prior work experience in a financial institution and relevant exposure in AML and Sanctions
  • Prior experience managing a team is preferred
  • Knowledgeable of the laws applicable to money laundering, including the Bank Secrecy Act, The USA PATRIOT Act, US Treasury AML guidelines, OFAC requirements, and Suspicious Activity Reporting requirements
  • General understanding of Senior Public figures, Money Service Businesses, Wealth Management and Retail preferred as well as compliance with those business segments is preferred
  • 4- Year College Degree or equivalent experience
  • 5+ years experience in AML Compliance, preferably related to performing enhanced due diligence reviews of high risk clients, reviews of client transactions and/or AML investigations
  • Strong writing, analytical, and communication skills, and must be able to multi-task and complete projects on time
Additional Skills:
  • Highly motivated and team oriented individual with good interpersonal and communication skills and strong analytical abilities
  • Proactive,  organized, and ability to work independently without supervision
  • Must have the ability to use Microsoft Office products and/or similar business systems and learn multiple systems applications quickly
  • Strong research skills, advanced skills in the use or in the outputs of Microsoft Office products and/or similar business systems, and in-depth knowledge and experience with the Internet and on-line research systems
  • Must  be able to multi-task and complete projects on time
  • Excellent attention to details and follow-up skills
  • Ability to independently refer to policies and procedures and put into context with regards to this role