MYS CTSM KL - ICRM Officer - Global Sanctions, APAC

Citigroup Transaction Services (M) Sdn Bhd
14 Aug 2017
16 Aug 2017
Contract Type
  • 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: 17053431


General responsibilities include:
  • In partnership with management, develop and execute area of responsibility within the Independent Compliance Risk Management, Global Sanctions (GSC)
  • Maintain knowledge of assigned product and functional area, and have a thorough understanding of their area of responsibility as well as a broad understanding of the entire compliance function
  • Assist with the management of a strategic or tactical plan and execute accordingly
  • Enhance processes and procedures with a commitment to consistency and successful implementation within set targets and deadlines
  • Effectively support Compliance and the business with some assistance by senior staff members
  • Analyze and interpret business issues, recommending viable solutions
  • Manage sanctions compliance risks to facilitate the businesses' compliance with all applicable laws, regulations and internal procedures
  • Keep abreast of new products, technologies and applications as well as their implications for assigned areas
Specific responsibilities include:
  • Provide sanctions policy advice to stakeholders in the Asia region, including compliance functions, legal, operations and the business Working in conjunction with the GSC Policy team where required
  • Assist in the review and assessment of sanctions escalations and investigations, including those related to transactions, customers, trade, correspondent banks and episodic deals
  • Advise on and assist with sanctions risk assessments in Asia This includes the annual enterprise wide OFAC risk assessment (EWORA), new product approvals (NPAs), Sanctions Product Risk Assessment (SPRAs) and policy exception assessments to ensure sanctions risk is adequately considered, documented and mitigated
  • Participate in new product approval committees to review, assess and represent the sanctions risks associated with new and expanding products across the Asia region, also ensuring that the correct controls are in place
  • Assist with the creation and communication of sanctions metrics, reporting, and trend analysis
  • Participate in APAC Sanctions Governance Committees as needed
  • Help to create the material for, and lead, tailored training sessions for Compliance, Operations and the Business
  • Help define responses to Internal Audit, Compliance Testing and Regulator reviews
  • Assist with the tracking and reporting of remedial activities and CAPs
  • Liaise and drive results with Country Compliance/Legal for Sanctions matters, as appropriate


  • Knowledge of OFAC, Asian and UN Sanctions regulations, risks and typologies
  • Previous experience in compliance, audit, legal, risk or sanctions operations in the financial services, international accounting or legal firms or equivalent industry is a plus
  • Previous experience or willingness to build up expertise in the design and implementation of Sanctions programs
  • Exposure to Compliance/Legal/Audit/internal control functions within Asia
  • Excellent written, verbal communication and analytical skills; and
  • Self-starter, proactive attitude, communicative, willing to explore and structure the previously unknown, drive results and partner with Legal/Compliance officers across Asia.