China FIU AML Analyst

China FIU AML Analyst

Shanghai China
3-6 years
Not Specified

Job Description

Job Description :
Purpose of Role:
Responsible performing AML Reviews/Investigations of account activity, and recommending the filing of Suspicious Activity Reports ( SARs). Cases are worked from beginning to completion in accordance with relevant Citi AML policies and procedures. Investigations are generated from sources which include:
• Cases generated via Case Management Tool
• Client On-boarding and Maintenance and Transaction monitoring referrals
• Referrals from business partners and other control areas
• Referrals from Law Enforcement
  • Responsibilities:
    • Analyzing alerts and investigating transactional activities to detect any suspicions of money laundering or terrorist financing activity
    • Conducting searches, gathering data and recording evidence from Citi internal systems, the internet, commercial databases and enquiries from Business or Compliance contacts within Citi
    • Accumulating facts from investigations to be utilized in presentation to Senior Management and Compliance
    • Request additional information regarding customer or transactions in the process of investigating suspicious activities or test and verify recommended suspicious activities.
    • Conducting enhanced due diligence investigations in support of policies and procedures
    • Reporting unusual client activities which might relate to money laundering or terrorist financing
    • Conducting alert investigation using global standard policies, procedures and tools, aimed at meeting internal and external regulatory requirements
    • Operating within agreed business SLAs and confidentiality standards
    • Applying or adapting knowledge (obtained from training) of any imposed sanctions(s) or laws/regulation(s) to the task at hand
    • Building and applying knowledge of money laundering processes
    • Submitting requests for further information or suspicious activity recommendations
    • Mentor and coach more junior team members
    • Responsible for the appropriate collection and analysis of documents to assist in identifying unusual transaction patterns.
    • Conduct checker reviews of case files, case tracking logs and various AML processes.
    • Drafting STRs recommendations on relationship retention or termination, and track recommendations and account closures, as required.
    • Reviewing Analysts’ recommendations for further enquiry, escalation or closure
    • Supporting implementation of new products during UAT of systems and processes

  • Qualifications:
  • 3 years Work experience in a financial institution
  • 0-2 years’ experience in AML, knowledge of AML regulations, proficiency with MS office, work ethic, verbal/written skills, analytical skills
  • Should be a self-starter, and organized, and must have the ability to work independently, with minor supervision
  • 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.
  • Strong in writing, analytical and communications skills
  • Strong analytical skills and attention to detail
  • Demonstrated initiative and creativity in problem solving
  • Excellent organizational, time management, and project management skills

  • Bachelor’s/University degree or equivalent experience
  • Demonstrated ability to work independently, interact effectively, with different levels of management and to operate with excellent corporate work ethics (timely, honest, respectful and considerate to co-workers)
  • CAMS certification preferred

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