GCB AML Compliance Officer

Citibank NA
14 Aug 2017
16 Aug 2017
Contract Type
  • Primary Location: Singapore,Singapore,Singapore
  • Education: Bachelor's Degree
  • Job Function: Compliance and Control
  • Schedule: Full-time
  • Shift: Day Job
  • Employee Status: Regular
  • Travel Time: No
  • Job ID: 17055629


Position Objective:
  • To assist the Head in managing the Core Anti-Money Laundering (AML) functions for Citi Singapore, including Governance, Infrastructure, Risk Assessments, Exam Management and Controls in ensuring effective oversight and consistent implementation.
Key Responsibilities:
  • Administering the AML Governance and Business Risk Committee for Singapore. This includes managing logistics, preparation of decks and tracking follow-up actions
  • Maintaining the AML Regulatory Change Management (RCM)
  • Additionally, the Core AML Team would also work closely with the Citi Singapore AML Team to document a detailed mapping of applicable AML regulations, guidance and/or circulars to the Citi Singapore AML Program, and keeping this mapping up to date, whenever there are changes to regulations or the internal program
  • Ensure regulatory changes are clearly communicated to relevant parties; and tools/systems used internally (e.g. RCP) are consistently and effectively utilized to manage and track these changes
  • Advising on and maintaining the AML Manager's Control Assessments (MCA) through the CitiRisk system tool, and providing oversight of AML related MCA tests owned by the first line
  • Document and execute the Compliance Monitoring program for AML (i.e. oversight of AML related controls and processes managed within the first line of defense functions)
  • Coordinate deliverables for regulatory exams and internal audit reviews to ensure Corrective Action Plans (CAPs) are managed in line with applicable firm standards
  • Administering as the point of reference for the execution of risk assessments (e.g. EWARA, EWORA and HARA) for the country
  • Managing AML inputs to the Country Compliance Plans, including CoB
  • Managing AML inputs to Dashboards and reporting items to Regional and Global governance forums (e.g. GBRC)
  • Provide an oversight to AML and Sanctions related processes that have been outsourced
  • Ensure quality and timeliness of AML and Sanctions related regulatory reporting
  • Identify key AML metrics for Singapore and define KRIs in consultation with Regional AML
  • Monitor and track AML related training for country staff, and ensure content is appropriate and up to date
  • Coordinate with Core AML Heads for other countries in APAC to ensure consistent program delivery where applicable


  • At least 5+ years in financial services and/or compliance related experience
  • Comprehensive understanding of US/Singapore AML and Sanctions regimes
  • Practical understanding of implementing policies, practices and processes
  • General knowledge of Singapore regulatory environment, AML and CTF risks
  • Good understanding/experience of retail and wholesale banking products
  • Able to build strong and professional rapport with key business, regulatory and Compliance/AML stakeholders
  • Sound judgment and the ability to prioritize key deliverables
  • Strong verbal and written communication skills
  • Relevant degree or professional qualification
  • Compliance/AML certification (eg. ACAMs, ICTA) is a bonus but not a must
  • Keen eye for details and willingness for hands-on execution
  • Ability to multitask and handle key deliverable with possible challenging deadlines
  • Highly motivated and an independent self-starter on tasks/deliverables