Compliance Officer

At Citigroup, we are looking for a Compliance Officer to join our team and help ensure that our business practices conform to all applicable laws and regulations. We are looking for a motivated professional with excellent communication and problem-solving skills to join our diverse and inclusive team. The ideal candidate should have a strong understanding of the banking industry and be knowledgeable of local and international regulations. The Compliance Officer must be analytical and have an eye for detail to ensure that all our practices are compliant with the law and adhere to the highest standards of ethical conduct. The Compliance Officer must have a Bachelor’s degree in Business Administration, Economics, or a related field and 3+ years of experience in a similar role. The successful candidate should be organized, have excellent communication skills, and be able to work effectively with all levels of management and staff. Compliance is a critical role at Citigroup, and the successful candidate will need to maintain the highest ethical standards in order to ensure that we meet the highest standards of conduct.

Responsibilities:

1. Monitor and ensure compliance with applicable local and international laws and regulations.
2. Analyze and evaluate the organization’s business practices to ensure they are compliant with the law and adhere to the highest ethical standards.
3. Identify any areas of non-compliance and work with the appropriate teams to develop and implement corrective actions.
4. Create and maintain detailed compliance policies and procedures to ensure continued adherence to all applicable laws and regulations.
5. Develop and maintain effective communication with all levels of management and staff to ensure compliance is being met.
6. Monitor regulatory developments to ensure the organization is up to date on any changes to laws and regulations.
7. Prepare regular reports and provide updates to management on the status of compliance and related issues.
8. Develop and provide training to staff on compliance policies and procedures.
9. Investigate any incidents of non-compliance and take appropriate action.
10. Respond to inquiries from regulatory agencies and other external stakeholders.

According to JobzMall, the average salary range for a Compliance Officer in Kuala Lumpur, Federal Territory of Kuala Lumpur, Malaysia is between MYR 3,000 and MYR 11,000 per month. This range includes salaries from a variety of industries, including banking, finance, insurance, and IT.

Citigroup Inc. or Citi is an American multinational investment bank and financial services corporation headquartered in New York City. The company was formed by the merger of banking giant Citicorp and financial conglomerate Travelers Group in 1998; Travelers was subsequently spun off from the company in 2002.