Citibank

HK - GF - Anti-Money Laundering (AML) Analyst

Citibank
Full Time
Junior (less than 3 years)
Bachelor
English

Job Description

HK - GF - Anti-Money Laundering (AML) Analyst

Location: APAC-HKG-Hong Kong-Hong Kong

Role & 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

Qualifications / Experience:

  • Graduate 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 five (5) 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

Must be familiar with the following materials:

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

Technical Skills

  • Accountancy
  • Annual Reports
  • Anti Money Laundering (AML)
  • Audit
  • Compliance
  • Economics
  • Filing
  • Know Your Customer (KYC)