• Competitive
  • Hong Kong
  • Permanent, Full time
  • Citi
  • 22 Nov 17

HK - GF - Compliance Officer, AML

HK - GF - Compliance Officer, AML

  • Primary Location: HK,Hong Kong,Hong Kong
  • Education: Bachelor's Degree
  • Job Function: Compliance and Control
  • Schedule: Full-time
  • Shift: Day Job
  • Employee Status: Regular
  • Travel Time: No
  • Job ID: 17072691


Description

Role and Responsibilities:
  • Perform AML investigations and compliance reviews (on-boarding and maintenance) in conjunction with countries / regions, particularly in relation to high risk customers
  • Responsible for the appropriate collection and analysis of documents to assist in identifying unusual transaction patterns
  • Conduct research via available Bank systems and commercial databases, as well as the Internet
  • Interface with relevant units and the business in regards to compliance reviews, investigations, as well as other ad-hoc projects
  • Document review findings, ensure awareness of conclusions and prepare a report of findings for Compliance and Business management
  • Draft STRs, recommend relationship retention or termination, and track recommendations and account closures, as required
  • Responsible for communicating with senior managers, members of the Business and other Citigroup AML monitoring units to ensure findings are incorporated in all aspects of the AML control program
  • Conduct QA reviews of case files, case tracking logs and various AML processes
  • Assist in the execution and/or oversight of Manager's Control Assessment at regional and/or country level(s)
  • Assist in the implementation of ad-hoc FIU projects


Qualifications

Requirements:
  • Degree from a recognized university (Accountancy, Banking, Business, Economics or Law) or relevant professional qualification in financial services or audit
  • Post Graduate Degree is a plus
  • Minimum three (3) years' experience in:
    • Conducting AML investigations, including undertaking customer transaction reviews and open source research, with the aim of identifying potentially suspicious activity
    • Conducting Know Your Customer (KYC) related tasks, particularly on high risk customers
    • Preparing / reviewing and/or filing Suspicious Transaction Reports (STRs)
  • Familiar with AML typologies and risks associated with banking
  • Familiar with laws and regulations applicable to money laundering in Asia Pacific's countries / territories, as well as the Bank Secrecy Act (BSA), the USA Patriot Act, OFAC, FinCEN requirements and Suspicious Activity Report (SAR) requirements and guidelines
  • Familiar with The Recommendations of the Financial Action Task Force on Money Laundering (FATF), including recent FATF Annual Reports
  • Excellent interpersonal skills and the ability to interface and partner with Citi businesses across APAC countries subject to the FIU's oversight
  • The 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
  • Excellent research skills including experience with online research tools and databases
  • Advanced proficiency in Microsoft Word, Excel, Access, PowerPoint, and Outlook