ABOUT CITCO:

The market leader. The premier provider. The best in the business. At Citco, we’ve been the front-runner in our field since our incorporation in 1948 led to the evolution of the asset servicing sector itself. This pioneering spirit continues to guide us today as we innovate and expand, push beyond the boundaries of our industry, and shape its future. From working exclusively with hedge funds to serving all alternatives, corporations and private clients, our organization has grown immensely across asset classes and geographies. For us, this progress is a pattern that we’ll only maintain as we move forward, always prioritizing our performance. So for those who want to play at the top of their game and be at the vanguard of their space, we say: Welcome to Citco.

• You will be familiar with the AML legislation and regulations in Malta, including the FIAU Implementing Procedures.
• Performing risk assessment of existing and new clients, evaluating and identifying suspicious behavior and reporting to the AML Supervisor on appropriate action according to the level of risk.
• Prepare client CDD files at on-boarding stage and conduct a risk-based ongoing monitoring of clients thereafter for review by the AML Supervisor.
• Requesting appropriate CDD documentation from the client and/or Citco Client On-Boarding Teams and ensuring adequate execution of CDD for High Risk clients.
• Keep the Client Register up to date and ensure all CDD information, documents and files are properly maintained, stored and recorded.
• Clearing and/or investigating/verifying possible matches as generated by the scanning application that Citco uses to scan their client base against lists of undesirable persons.
• Ensure all queries received by the team are responded to in a timely manner.
• Liaise with internal departments from custody/depositary operations, legal, compliance and risk to ensure AML procedures are being adhered to.
• Support the AML Supervisor in any AML/KYC related matters.
• Work on other ad hoc AML projects and duties that may arise from time to time.
  Assist in the roll-out of AML Tools (software) for our clients, update and maintenance of internal AML/KYC systems.