Company Description
Citi has launched various initiatives to further strengthen the culture of Compliance and AML across all lines of business and jurisdictions in which it operates.BAU activities as well as new initiatives create a significant body of work requiring close coordination and integration between Compliance and all the key stakeholders in the Business and support functions.
Job Title: Anti Money Laudering Compliance Officer (AMLCO)
Job Description
Assess the impact of key regulatory developments, sanctions and industry best practices on current policies, standards, procedures, ensuring that any necessary changes are properly implemented within the Business.
Develop, review policies & procedures relating to all aspects of Anti-Money Laundering and Counter Terrorist Finance, Sanctions and Anti-Bribery & Corruption activity.
Work closely with the Business, Corporate and Investment Banking, Treasury & Trade Solutions and Markets and other key stakeholders such as Operations & Technology to identify and mitigate the risks associated with existing and new business with emphasis on higher risk customers and transactions.
Escalate and report AML/other relevant compliance issues to Governance Committees and ensure that Senior Management is fully informed of significant compliance issues as well as the plans for resolution.
Provide expert advice to the business on the organization’s AML specific requirements as well as legal or regulatory requirements
Ensure awareness of money laundering trends and typologies by proactively referring to relevant industry publications
Thoroughly review and provide guidance on customer KYC/due diligence records and ensure adequate enhanced due diligence is performed on targeted high-risk customers.
Undertake AML related investigations arising from internal monitoring as well as ad hoc referrals
Report suspicious activity to the relevant authorities in a timely manner
Liaise with local Regulators, Law Enforcement and other Governmental Bodies and ensure good relationships with the same.
Citi has launched various initiatives to further strengthen the culture of Compliance and AML across all lines of business and jurisdictions in which it operates.BAU activities as well as new initiatives create a significant body of work requiring close coordination and integration between Compliance and all the key stakeholders in the Business and support functions.
Job Title: Anti Money Laudering Compliance Officer (AMLCO)
Job Description
Assess the impact of key regulatory developments, sanctions and industry best practices on current policies, standards, procedures, ensuring that any necessary changes are properly implemented within the Business.
Develop, review policies & procedures relating to all aspects of Anti-Money Laundering and Counter Terrorist Finance, Sanctions and Anti-Bribery & Corruption activity.
Work closely with the Business, Corporate and Investment Banking, Treasury & Trade Solutions and Markets and other key stakeholders such as Operations & Technology to identify and mitigate the risks associated with existing and new business with emphasis on higher risk customers and transactions.
Escalate and report AML/other relevant compliance issues to Governance Committees and ensure that Senior Management is fully informed of significant compliance issues as well as the plans for resolution.
Provide expert advice to the business on the organization’s AML specific requirements as well as legal or regulatory requirements
Ensure awareness of money laundering trends and typologies by proactively referring to relevant industry publications
Thoroughly review and provide guidance on customer KYC/due diligence records and ensure adequate enhanced due diligence is performed on targeted high-risk customers.
Undertake AML related investigations arising from internal monitoring as well as ad hoc referrals
Report suspicious activity to the relevant authorities in a timely manner
Liaise with local Regulators, Law Enforcement and other Governmental Bodies and ensure good relationships with the same.
Job Qualification
BA, BSc, HND, MBA, MSc, MA
Job Experience
15 years
Job Location
Lagos
Job Category
Banking
Method of Application
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