1+ months

ACRM Regulatory Reporting Officer

Citigroup
Kuala Lumpur
The Anti Money Laundering Compliance Risk Management (ACRM) Regulatory Reporting Officer is a professional level role responsible for management of the core AML reporting encompassing the administration of reportable AML matters in respective business risk governance forums, to lead and independently manage all AML related Local Regulatory Reporting (LRR).


**Responsibilities:**


**** **Governance**


+ Prepare Governance Decks for Country Financial Crimes Compliance (FCC) Business Risk meeting, Board of Directors Update and other Business Risk governance meetings

+ Implement and/or provide oversight of Managers Control Assessment at country level for AML team.

+ Lead ad-hoc FCC projects and provide appropriate guidance to members of the project teams.

+ Promote global consistency of AML ACRM practices and policies within business line and cross-sector


**Local Regulatory Reporting (LRR)**


+ Identify, vet and address potential AML risks or escalated issues with the assistance of functional partners

+ Collaborate with the team to provide advice to business with respect to applicability of policies, implementation and regulatory changes on AML local regulatory reporting requirements

+ Work closely with upstream data feeders on the products, transactions, product processors and perform data fields mapping to ensure the generated data meets the reporting requirement and provide credible challenge on material variances.

+ To lead and represent AML team in countrys monthly LRR Forum as well as quarterly Regulatory Reporting Governance Committee (RRGC) and act as the key liaison contact with regulators on matters relating to AML LRR.

+ Analyze data, prepare/validate and perform submission to respective local regulator in accordance to the LRR requirement and timeline.

+ Develop and implement AML Compliance Risk Management (ACRM) standards and policies

+ Appropriately 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.


**Qualifications:**


+ 5 - 8 years of experience

+ Anti-Money Laundering (AML) certification preferred

+ Working knowledge of regulatory requirements including local, US, and international laws

+ Secrecy Act (BSA), the USA Patriot Act, will be an added advantage

+ Understanding on the various AML/CFT guidelines issued by Bank Negara Malaysia, Labuan FSA & Securities Commission.

+ The Recommendations of the Financial Action Task Force on Money Laundering (FATF), including recent FATF Annual Reports.

+ Related experience in Financial Crimes Compliance and overall in Banking or control-related functions in the financial service industry

+ Consistently demonstrates clear and concise written and verbal communication


**Education:**


+ Bachelors Degree/University degree or equivalent experience

+ Masters degree preferred


**Technical skills**


+ Organizational, time management and project management skills.

+ Interpersonal skills and the ability to interface and partner with businesses and Operations within Citi Malaysia and APAC.

+ Strong negotiation, analytical and ability to work effectively, under pressure, in a rapidly changing environment, as well as autonomously and as an effective member of a dynamic team.

+ Effective communication skills, both written and oral, particularly in the context of delivering clear and concise recommendations and feedback.

+ Advanced proficiency in Microsoft Word, Excel, Access, PowerPoint, and Outlook.


This job description provides a high-level review of the types of work performed. Other job-related duties may be assigned as required.


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**Job Family Group:**


Compliance and Control

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**Job Family:**


AML Compliance & Risk Mgmt

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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 **Accessibility at Citi (https://www.citigroup.com/citi/accessibility/application-accessibility.htm)** .


View the "EEO is the Law (https://www.dol.gov/sites/dolgov/files/ofccp/regs/compliance/posters/pdf/eeopost.pdf) " poster. View the EEO is the Law Supplement (https://www.dol.gov/sites/dolgov/files/ofccp/regs/compliance/posters/pdf/OFCCP\_EEO\_Supplement\_Final\_JRF\_QA\_508c.pdf) .


View the EEO Policy Statement (http://citi.com/citi/diversity/assets/pdf/eeo\_aa\_policy.pdf) .


View the Pay Transparency Posting (https://www.dol.gov/sites/dolgov/files/ofccp/pdf/pay-transp\_%20English\_formattedESQA508c.pdf)
Citi is an equal opportunity and affirmative action employer.

Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity.

Categories

Posted: 2022-08-19 Expires: 2023-02-03
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ACRM Regulatory Reporting Officer

Citigroup
Kuala Lumpur

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