Job Properties
  • Job Type
    Full-time Position
  • Background
    Finance and Economics
    Management & Business Others
  • Languages
  • Experience Required
    1 - 2 Years
  • Degree Required
    • Province
    • Date Posted
      January 13,2021
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    • Career Consultation
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    Transaction Monitoring & Sanctions Officer

    Transaction Monitoring & Sanctions Officer

    Willemstad, Curacao

    About Citco

    Citco is a global leader in fund services, corporate governance and related asset services with staff across 80 offices worldwide. With more than $1 trillion in assets under administration, we deliver end-to-end solutions and exceptional service to meet our clients’ needs.

    For more information about Citco, please visit

    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.

    As a core member of our Banking Team, you will work closely with internal stakeholders and cross-functional teams to minimize operational risks and ensure our clients experience seamless delivery across banking services.

    Your Role:

    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.

    About You:

    • You have a Bachelor in Law, Business Administration, or a related/equivalent discipline and 3-5 years’ experience, ideally within the banking industry.
    • You can showcase good understanding of the Anti Money Laundering, Sanctions Act and European equivalent legislation as well as have strong understanding of AML/CFT risks and the controls used to apply them.
    • You are analytical, with the ability to provide practical solutions and prioritize a diverse workload with multiple deadlines.
    • You have flexible and detail-oriented mind-set with the ability to multi-task and change directions based on business demands.
    • You are able to identify, escalate and communicate issues to management in an effective and professional manner.
    • You are a motivated self-starter, who is able to work independently while understanding the importance of their contribution to the holistic team structure.
    • You are capable of knowledge sharing and mentoring other team members as required

    Our Benefits

    Your well-being is of paramount importance to us, and central to our success. We provide a range of benefits, training and education support, and flexible working arrangements to help you achieve success in your career while balancing personal needs. Ask us about specific benefits in your location.

    We recognize diversity as a source of organizational pride and strength. We have made it a priority to reflect our nation’s evolving diversity in the people we hire, and the culture we create in our organization.

    Citco welcomes and encourages applications from people with disabilities. Accommodations are available upon request for candidates taking part in all aspects of the selection.

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