Anti Money Laundering KYC Analyst

About Citibank

Citi has been in Malaysia since 1959 offering consumers, corporations, and institutions a broad range of financial products and services, including consumer banking, corporate banking, treasury and trade, markets and securities services as well as transaction services via the Citi Solutions Centers. Citi is a global financial leader in Malaysia and banks today 80% of the country’s largest market cap companies and 650 multinational corporations.

Your role

The Compliance AML KYC Analyst 2 is an intermediate-level position responsible for Anti-Money Laundering (AML) monitoring, governance, oversight and regulatory reporting activities in coordination with the Compliance and Control team. The overall objective of this role is to develop and manage a dedicated internal KYC (Know Your Client) program at Citi.

• Conduct client profile reviews for customer accounts
• Review all information and documentation ensuring compliance with local regulation and Citi standards
• Update KYC forms and client profiles according to policy requirements
• Follow up with clients to ensure information is received before due dates
• Perform KYC tasks, including monitoring and tracking of the KYC records and Appendix approval process, assisting with the development and execution of action planning for expiring records, and ensuring records are not past due
• 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.

Training, development & rotations

Citibank as one of the world biggest banks also have their own training and development strategy. Training and Development Strategy at Citibank is consisting of three core areas. The first core area is “on-the-job learning” that takes 70% of the whole development program. The second core area is “learning through relationship of exposure to others” takes 20% part of the program. The third core area is “formal classroom training” that takes 10% part.

In Citibank, learning on the job takes biggest part because the work place is the best to learn. In work area, employees see the real things and face the real problems. In the work place, Citibank has mentoring program where new employees will learn how to do the job right from their mentor. When they meet problem, mentor could teach new employee to solve the problem in the right way.

Salary & benefits

The national average salary for a KYC Analyst is MYR 3,500-MYR 4,000 per month in Malaysia.

• Health & Wellness
• Vacation & Time Off 
• Maternity leave of 180 days
• Paternity leave of 10 days
• Childcare services

Career progression

Citi's analysts have the most rungs to climb to get to managing director, as they pass from associate through vice-president, to senior vice president, and director to managing director. Citi offers a variety of career opportunities for people interested in finance, economics, and technology. There are also opportunities in departments including research, customer service.

At Citi, you’ll have the opportunity to grow your career, give back to your community and make a real impact.

Work life balance

The company earned 3.9 out of 5 stars overall. About three-fourths of Citi respondents would recommend working for the company to a friend. Excellent place to work , best compensation in the industry and overall leaves benefits . Hybrid model of working . Mandatory off for two weeks . Good bonus structure.

Culture & vibe

Citibank fosters a culture that embraces all individuals and encourages diverse perspectives, where you can make an impact and grow your career. Citibank, values colleagues that demonstrate high professional standards, a strong sense of integrity and generosity, intellectual curiosity, and rigor. Citibank recognizes the importance of owning your career, with the commitment that if you do, Citibank promises to meet you more than half way.

One of the most commonly positively discussed qualities at Citi was diversity. On the other side, the most widely negatively discussed quality at Citi was agility. In recent years, Citi made many Forbes lists that recognize top employers. For instance, they were awarded spots on “America’s Most Just Companies,” “America’s Best Employers for Veterans,” and “One of the World’s Top Female-Friendly Companies of 2021.

About you

• 0-2 years of relevant experience
• Experience in banking operations, preferably in the client account opening and pre-requirements process
• Bachelor's degree/University degree or equivalent experience

How to apply

Take a look at available roles and discover what fits you best. To apply for this role, simply click the "Apply on employer site" button on this page to submit your application directly with The Citibank. Upload your resume and cover letter, as well as save jobs that you’re interested in. Creating an account makes applying easy and puts you one step closer to joining our team. Click submit and let Citibank give your application the attention it deserves. Citibank response times will vary, so please check the job portal periodically to stay updated on your application status.