KYC/AML-Assistant Manager

Risk & Compliance Ebene, Mauritius


KYC/AML Assistant Manager-Mauritius

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:

KYC/AML Team is a part of Citco’s Governance Services [‘CGS’] KYC/AML and OCM Department. The KYC/AML Assistant Manager provides support to the Citco Mauritius Operations teams to oversee and manage the business side of the risk and KYC/AML framework within the Citco Governance Services (GS) Division. The KYC/AML Assistant Manager reports to the KYC/AML Manager.

Your Role:

          Fulfil statutory role of Compliance Officer / MLRO / Deputy MLRO for the Company and / or its client entities, as may be required

          Assist KYC/AML Manager in developing, ongoing maintenance and review of the company’s AML/CFT framework

          Conduct assurance testing of AML/CFT controls

          Provide well-informed advice and timely support to internal stakeholders on regulatory matters

          Identify AML/CFT risk management issues / breaches, internal control weaknesses and provide recommendations for improving the company’s control environment

          Conduct reviews, including CDD review based on client risk assessment and in line with group policy or at onboarding stage or ongoing monitoring for existing clients and follow up with operations teams until closure of gaps identified

          Carry out World Checks and internet searches including but not limited to sanction lists

          Assist in design and drafting of AML policies and procedures for both Citco and its client entities

          Monitor and promptly inform internal stakeholders of changes in local regulatory landscape, conduct gap analysis and suggest implementation plans

          Monitor and promptly inform internal stakeholders of changes in local regulatory landscape, conduct gap analysis and suggest implementation plans

          Actively involved in the various regulatory authorities inspection/queries

          Keeping logs of the risk weightage of CIS-clients and complete AML Risk Workflow in line with the relevant internal systems

          Reply to queries within agreed timeframe and deadlines

          Liaise with local authorities and maintain good rapport

          Take on ad-hoc assignments and complete within agreed deadline

          Assist in design, review and update of format of compliance reports and other internal reports and forms

          Prepare training material and deliver AML/CFT training to Citco staff as well as clients

          Any other job related duties as may be required.



About You:

          Degree holder in law or other relevant field or equivalent qualification

          Minimum of at least 5 years’ experience in a similar role in management company

          Good knowledge of financial crime compliance legislation, FATF Recommendations and AML/CFT best practices

          Satisfy competency standards of FSC to act as MLRO/CO

          Strong communication and presentation skills

          Ability to maintain high level of confidentiality

          Ability to take decision and be solution driven

          Ability to lead, coach and motivate team members

          Working knowledge of MS Office


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 nations’ evolving diversity in the people we hire, and the culture we create in our organization.

Citco welcomes and encourages applications from people with disabilities.