Assist the ICG ACRM Head in managing the Anti-Money Laundering program for ICG Singapore, ensuring that the policies and practices of the business are in compliance with both local and U.S. regulatory requirements, advise business management and other stakeholders on AML risks, and assist in developing controls to mitigate such risks.
Assist in co-ordinating the implementation of any new AML Laws, Regulations or Policies for the ICG businesses. This may include (i) designing/executing/advising on effective control frameworks for AML risks (ii) documenting the same in the AML program (iii) enhancing CitiKYC and (iv) providing training where necessary
Providing advice to the businesses on AML related queries
Reviewing AML related escalations e.g. trade, account strategy etc
Reviewing requests for on-boarding/renewal of Payment Intermediary and Foreign Correspondent Bank clients, including conducting the compliance-to-compliance meetings and preparing the call report
Co-ordinate with businesses on (i) risk assessments and (ii) internal/extrernal audits. Manage issue resolution and any enhancements or corrective action plans that may arise from such risk assessments/audits.
Any other responsibilities as assigned