Citi Head of Core AML & Governance (Singapore) in Singapore, Singapore

  • Primary Location: Singapore,Singapore,Singapore

  • Education: Associate's Degree/College Diploma

  • Job Function: Compliance and Control

  • Schedule: Full-time

  • Shift: Day Job

  • Employee Status: Regular

  • Travel Time: No

  • Job ID: 17063931

Description

  • Responsible for administering the AML Governance & Business Risk Committee for Singapore. This includes managing meeting logistics, preparation of decks and tracking follow-up actions

  • Responsible for maintaining the AML Regulatory Control Matrix. In addition, the Core AML Head shall also document a detailed mapping of applicable AML regulations, guidance and/ or circulars to the Citi Singapore AML Program, and keep this mapping up to date whenever there are changes to regulations or internal program

  • Ensure regulatory changes are clearly communicated to relevant parties; and tools such as RIMS, iTrack etc. are consistently and effectively utilized to manage and track these changes

  • Responsible for advising on and maintaining AML controls self-assessment (MCA), and providing oversight to 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 defence functions

  • Coordinate deliverables for regulatory exams and internal audit reviews and ensure Corrective Action Plans are managed in line with applicable Firm standards

  • Act as the point person for the execution of AML and Sanctions Risk Assessments (EWARA, EWORA and HARA) for the country

  • Manage AML inputs to Country Compliance Plans, including CoB.

  • Manage AML inputs to Dashboards and reporting items to Regional and Global governance forums

  • Provide oversight to AML and Sanctions related processes that have been outsourced

  • Ensure quality and timeliness of AML & 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

Qualifications

  • 7+ years financial services and / or compliance related experience

  • Comprehensive understanding of US/ Singapore AML & Sanctions regimes

  • Practical understanding of implementing policies, practices and processes

  • General knowledge of Singapore regulatory environment, AML and CTF risks

  • Good understanding of retail and wholesale banking products

  • Able to build strong and professional rapport with key business, regulatory and Compliance/ AML stakeholders

  • Sound judgment and able to prioritize

  • Strong verbal and written communication skills

  • Eye for detail and willingness for hands-on execution

  • Highly motivated and self-starter