Assistant Vice President - AML/KYC Consumer Business Support Unit Manager
Location: Singapore, Singapore
Type: Full Time
Internal Number: 20155721
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We're currently looking for a high caliber professional to join our team as Assistant Vice President, : Compliance Business Control Manager??? - C12 based In 5 Changi Business Park Crescent Changi Business Park, Singapore. Being part of our team means that we'll provide you with the resources to meet your unique needs, empower you to make healthy decision and manage your financial well-being to help plan for your future. For instance:
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The Compliance Business Control Manager provides full leadership and supervisory responsibility. Provides operational/service leadership and direction to team(s). Applies in-depth disciplinary knowledge through provision of value-added perspectives or advisory services. May contribute to the development of new techniques, models and plans within area of expertise. Strong communication and diplomacy skills are required. Generally has responsibility for volume, quality, timeliness of end results and shared responsibility for planning and budgets. Work affects an entire area, which eventually affects the overall performance and effectiveness of the sub-function/job family. Full supervisory responsibility, ensuring motivation and development of team through professional leadership to include duties such as performance evaluation, compensation, hiring, disciplinary and terminations as well as direction of daily tasks and responsibilities.
In this role, you're expected to:
Responsible for Quality oversight and monitoring that our guidelines are met
Lead a team who is responsible for completing all types of quality and control reviews.
Exercise full leadership and supervisory responsibility. Responsible for team performance including timeliness of work, quality of reviews and monthly/yearly scorecards
Oversee Quality procedures and keep them current
Monitor team workflow, confirm tasks are meeting timeliness or come up with plans to keep all work current
Perform analysis on results and reporting based on reviews completed. Communicate results to the Operational teams including root cause analysis on defects
Assist with requests and may interface with compliance and audit examiners
Analyze and identify risks based upon information provided when reviewing or adding new reviews
Act as a consultant to the business regarding process improvements for quality reviews
Ensure appropriate controls are in place for all work performed
Drive corrective actions and develop corrective action recommendations
Work with multiple MIS and system teams to ensure data is available for result analysis
Work with Ops Quality Control team members located in multiple sites
Help drive consistency between the functions of Credit Operations through quality reviews, control reviews, audit feedback and results
Has the ability to operate with a limited level of direct supervision.
Can exercise independence of judgement and autonomy.
Acts as SME to senior stakeholders and /or other team members.
Ability to manage teams.
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, as well as effectively supervise the activity of others and create accountability with those who fail to maintain these standards.
As a successful candidate, you'd ideally have the following skills and exposure:
5-8 years of experience leading teams preferred
Ability to analyze results and identify strengths and opportunities
Experience in creating and implementing processes that result in improved business performance
Ability to work independently, prioritize and work diligently under pressure
Ability to effectively communicate with multiple lines of business and multiple layers of management
Credit Operations experience required
Interpersonal skills and ability to work well in a team environment collaborating across diverse groups
Navigates complexity to create clear, often unique solutions
Demonstrate exceptional organizational skills
Performance record with a history of increased responsibility, and task / project delivery
Proven ability to make sound business decisions
Superior execution skills with a focus on clear, realistic action steps and timelines
Proven ability to communicate business rationale to internal and external counterparts
Bachelor's/University degree or equivalent experience
Manage CBSU core AML risk management reviews, including Customer Due Diligence (CDD), Transaction Monitoring, High Risk Account/Customer Identification (HRAC), Large Cash Transaction review (LCT).
Exercise full leadership and supervisory responsibility. Responsible for team performance including timeliness of work, quality of reviews and monthly/yearly scorecards.
Monitor team workflow, confirm tasks are meeting timeliness or come up with plans to keep all work current.
Support business and operational risk and control reviews in AML/Sanctions related projects.
Lead, co-ordinate with business and CBSU users on user acceptance testing on AML/CDD system changes.
Responsible for Anti Money Laundering related reviews - Citiscreening, reviewing and authorizations of cases.
Provide feedback and training the Analysts, bankers on the AML review - HRAC, CDD, LCT, Transaction Monitoring.
Perform Quality review and authorize AML cases - CDD.
Escalation of suspicious account activity.
Exercise strong judgment in approving/rejecting submitted cases to decrease regulatory and reputational risk.
Assist with requests and may interface with compliance and audit examiners
Process improvement to enhance efficiency of the AML system and CBSU core functions to meet the objective of effective risk identification and control implementation.
Working at Citi is far more than just a job. A career with us means joining a family of more than 230,000 dedicated people from around the globe. At Citi, you'll have the opportunity to grow your career, give back to your community and make a real impact.
Take the next step in your career, apply for this role at Citi today
Job Family Group: Compliance and Control -------------------------------------------------
Job Family: Business Control ------------------------------------------------------
Time Type: Full time ------------------------------------------------------
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