Trade and Working Capital Product Compliance Officer Job at Citi (Kuala Lumpur)

Job Description

Serves as a function/business/product compliance risk officer for Independent Compliance Risk Management (ICRM) responsible for assisting with internal strategies, policies, procedures, processes, and programs to prevent violations of law, rule, or regulation and design and deliver a risk management framework that maintains risk levels within the firm's risk appetite and protect the franchise. In addition, engages with the ICRM Product and Function coverage teams, in order to partner to develop and apply CRM program solutions that meet the function/business/product and customer needs in a manner consistent with the Citi program framework. Primary responsibilities include monitoring compliance risk behaviors and providing day-to-day Compliance advice relating to the supported function/business/product and guidance on function/business/product rules/laws and interpretation on internal policies and procedures

Job Responsibility

Assisting in the design, development, delivery and maintenance of best-in-class Compliance, programs, policies and practices for ICRM
Review and disposition Trade transactions that are escalated under these Case Types ( Boycott clause, Export Controls and Military/Lethal concern
Providing guidance on rules and regulations relating to Trade and Working Capital product, as well as, provide transactional approvals and interpretation of internal compliance policies
Assisting with regulatory inquiries and/or examinations. This may include coordination with regulators and other parties
Collaborating with other internal areas including: Legal, Business Management, Operations, Technology, Finance, other Control Functions, and In-Business Risk to address compliance issues which may impact the supported function/business/product
Supporting the function/business/product in performing timely compliance reviews of new products
Assisting in the development and administration of Compliance training for the supported function/business/product
Researching any new reform rules and rule changes and implementing policies, procedures or other controls necessary to comply with the rules
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

Requirements

Knowledge of Trade and Working Capital Compliance laws, rules, regulations, risks and typologies
Experience in interpreting regulations, providing guidance on US export control, Anti-boycott, and Dual use goods regulations
Working knowledge of Letters of Credit, Bonds, Guarantee and Standby Letters of Credit with relevant practices e.g., UCP 600, ISP98 and URDG 758
Must be a self-starter, flexible, innovative and adaptive
Strong interpersonal skills with the ability to work collaboratively and with people at all levels of the organization
Strong written and verbal communication and interpersonal skills
Ability to both work collaboratively and independently
ability to navigate a complex organization
Advanced analytical skills
Excellent project management and organizational skills and capability to handle multiple projects at one time
Proficient in MS Office applications (Excel, Word, PowerPoint)
Demonstrated knowledge in area of focus
Relevant certifications desirable
Bachelor’s degree
experience in compliance, legal or other control-related function in the financial services firm, regulatory organization, or legal/consulting firm, or a combination thereof
strong working knowledge of function/business/product supported and the related operations and financial requirements
Advanced degree preferred

What we offer

extensive on-the-job training and exposure to senior leaders
more traditional learning
chance to give back and make a positive impact through volunteerism
programs and services for your physical and mental well-being including access to telehealth options, health advocates, confidential counseling
access to an array of learning and development resources

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Trade and Working Capital Product Compliance Officer

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