Position Objective :
AML Compliance Officer for the local broker dealer, Citivalores, S.A. which is position required by law and will be in charge of all AML regulatory reporting for the broker -
dealer. Obtainment of License as Principal Executive will be required. Will be responsible for the compliance with AML corporate policies and development of AML procedures to ensure compliance and adherence with local AML regulatory framework, Citi corporate policies and US regulations.
Will also take part in regional and global projects and processes assessing both local and international regulation and corporate policies in order to find its correct application in Panama
Key Responsibilities :
Manage and oversee regulatory reporting for the local broker dealer.
Ensure compliance with securities laws and regulations.
Act a liaison for AML, coordinate regulatory inspections and maintain communications with the local regulators.
Develop, implement and monitor the AML training program in Panama, to ensure employees are aware of the local regulation, corporate policies and local procedures, including local securities regulations.
Manage relationship with self-regulated entities, such as the Panamanian stock exchange and clearing houses.
Advice and support the Markets local team on episodic deals.
Manage AML risks to ensure Citi s compliance with local regulatory framework, including AML related laws and regulatory requirements, as well as compliance with Citi Global policies, procedures, and standards.
Provide support in local AML processes and controls, including MCA, corporate governance committees, screenings, AML risk assessments, among other related functions.
5 years’ experience in financial institutions with previous experience reviewing customer transactions. Knowledgeable of the laws applicable to money laundering, including the Bank Secrecy Act, the USA PATRIOT act, US Treasury AML guidelines, OFAC requirements, and Suspicious Activity Reporting requirements.
Established solid business knowledge and comprehension of complex products across all LatamLATAM business sectors.
Excellent organizational, time management and project management skills.
Strong writing, analytical and communications skills.
Able to multitask and complete projects on time.
Should be a self-starter, and organized, and must have the ability to work independently, without supervision.
Proficiency in the English language.