Transaction Monitoring & Sanctions Officer

at  Citco

ABOUT THE TEAM & BUSINESS LINE:

Citco Bank provides fully integrated transaction, deposit, foreign exchange and credit facilities to our Fund Services and Governance Services clients. Operating in strategic global centres Citco Bank provides access to best of breed process and technology.
The Transaction Monitoring & Sanctions team consists of Transaction Monitoring & Sanctions Officers based in Curacao. We work closely together with the Transaction Monitoring & Sanctions team in Europe whose main responsibility is the compliance with any transaction monitoring requirements on a day-to-day basis for the Citco Banking Division.

• You will ensure that the Citco Banks are compliant with any transaction monitoring requirements on a day-to-day basis.
• You will be analysing anti-money laundering alerts generated by our system. Reviewing, researching, and analysing the alerts and determine if the alerts are related to potentially suspicious activity.
• You will prepare and thoroughly document factual and impartial findings in an accurate and timely manner for reportable and non-reportable cases.
• You will interact with other business lines within Citco to obtain necessary information related to their clients and client’s account activity.
• You will monitor case aging and escalate as necessary.
• You will be completing ad hoc investigations and participating in departmental projects and initiatives.
• You will help with the design and development of monitoring reports and assist management with testing enhancements to the monitoring program.
• You will prepare and maintain documents and reports to assist management in determining policies and procedures.