Dear all,

I was called to attend an interview with Citigroup Transaction Services for Anti Money Laundering Analyst position. Can anyone of u who had attended the interview for this position (or other positions) with Citigroup tell me how was the interview process? For those who r working or had been worked with Citigroup Transaction Services, can u guys tell me how is the working environment? and, how is the future career growth for this Anti Money Laundering Analyst position?

Ur input is highly appreciated..

Thanks...

This post has been edited by xDingx: Feb 16 2011, 12:05 AM

Are you a fresh grad? or what exp u did previously? i do have some friends in there.

I'm currently working with an audit firm for less than 1 year...and they hiring me as fresh grad...did ur friends tell u anything about this position?

This post has been edited by xDingx: Feb 16 2011, 11:15 PM

I also applied for this position but I don`t know much about it... Anyone can explain a bit ?... Thanks...

so were u also called for the interview next monday?

refer to anti money laundering act 2001

deleted

This post has been edited by devil86: Feb 17 2011, 08:43 PM

Thanks,

but i would like to know more about the interview process, working environment and future career growth by working with citigroup transaction services as an anti money laundering analyst....

not to sound snobbish, but...there are a few posts on this job already been made in this forum...i copied and pasted what i posted a couple of months ago...you could try searching from the archives maybe next time...? =) anyway, to your question:

workwise, is pretty mundane...but which job isn't i guess? thing's aren't that hard to do, really, but it's just tedious (takes about 1 week to learn, 1 month to get used to, and you should be able to walk on your own from there on)

working hours...the earlier you come in, the earlier you can leave...new hires are new hires, so, you can come in at 9am and leave by 6...for around 2 months max, i guess...lol

otherwise, you'll consider yourself lucky if you come in at 8am and could leave by 7pm...lol, i pity some of my seniors which during the due date of our workload and they will need to stay till near midnight to finish the work

employee turnover rate quite high, prolly 2 person leaving every 3 months, on average...it's kinda like this, either u stay for 1 year, many years, or a few months, if u get what i mean, lol...

what else...oh, people are quite nice i guess, but you rarely get to interact around as work will bind you most of the time, except during lunch hour, haha...however, just make sure that you do your work and meet your targets and do it "perfectly" and you should have a pretty ok time there (except that you may feel that you are really tied to your work, lol)

job opportunities after getting in here? i think some had already stated, compliance being the most clearly defined job out there...i am also quite in a dilemma at this point that if i leave, which job should i find, lol...this field is pretty "self-defined"...so, it'll be hard for fresh grads to know where to go if they dun like this field of work...XD

hope that helps...=)

Thank u very much for the info, this really helps a lot..and sorry for not using the search function 1st

Based on what u mentioned, it sounds like an auditor's working life oso, have to stay when there is due date to meet...

R u working with citigroup with same position?

However, other than the working environment, could you or anyone please tell me how will i be tested during the interview which i will attend next monday?

1 more question, will this position enjoy the same benefit (eg bonus) with the staffs from other department like credit dept and loan approve dept?

This post has been edited by xDingx: Feb 17 2011, 10:59 PM

interview is just pretty simple...the only thing u need to read up is...what is and why AML operations existed...just get the basics up, a quick search on wikipedia\google would do as well

as for auditors...their work are much tougher...and more longer hours...lol

Long working hours and mundane job. Crappy pay and mediocre benefits. A senior once told me, if you can survive at Citigroup for more than a year, you can survive anywhere else since this place is hell.

Its like stepping through the gates of hell. Serious.

People are somewhat friendly. Career growth? Let's put it this way, unless you stay for more than 5 years, you will be doing the same old shit with peanut pay without bonus (bonus is myth so I've heard). Whadaya expect, CTSM is a cost center, you ain't making money for the company so you definitely don't deserve the money that those in sales are earning.

As was mentioned, turnover rate is high. Really high. People leaving every 2 months haha. I see Goodbye and Farewell letters regularly. Oh and uhh, resignation notice period is 1 month for temporary staff and 2 months for permanent. Its a deterrence for people to leave BUT PEOPLE STILL LEAVE hahaha.

Interview process? Haha, one of the easiest interviews ever. They just basically ask you about yourself and "enlighten" you on crappy the job (must be willing to work at staggered hours, facing the monitor for 9 hours, anti-social/pro-introvert roles bla bla bla etc etc etc).

Have a nice day hehehehe. My advice, go join Dell or Agilent. Goyang kaki to the max

This post has been edited by Enclave Recruit: Feb 18 2011, 04:35 AM

as a matter of face...for the pay...during my time of entree is still pretty good...however, during the month of august or later, they cut down the salary most likely due to rapid expansion of the team

well, as for being hell...not so much comparing to an auditor's life...the hellish thing most probably is due to the amount of workload + it's just mundane...however, most of the time, the task is simple...if you got yourself a hard task...you will take your time to complete that, which is just bad for your productivity...lol

there is bonus, how much is it i dunno, but to qualify, u will need to work more than a year before january comes...and from what i heard...the bonus for this year is just really bad though...but for the past few years was good...i dunnno...just seems so polar opposite on which to believe, XD

dell or agilent...which job is recommended? not to say goyang kaki or what...but, just basically a good career path and an interesting day to day job will be good...haha

This post has been edited by devil86: Feb 18 2011, 09:19 AM

ur comment somehow stop me to join CTSM

Most of my friends who are at Dell or Agilent, regardless of job functions, be it customer support, engineering, marketing etc etc are ecstatic! They are happy and the OT is high. Some even get to go back before 6. Never gonna happen at Citigroup.

I'd let you guys in on a lil secret, many of my colleagues received RM 60 for annual increment. Best la, wow I bet they feel sooooo special about themselves. Working their ass off for 10+ hours a day and they get a peanut increment. HAHAHAHAHA, oh I pity them and (myself). Such is the life at Citigroup.

Gee, I wonder why the turnover rate is high.


Then my job here is done. I am doing you a favor trust me on this.

You owe it to your family, you owe it to yourself. Go get yourself a better job. Better options exist elsewhere.

Just to shed some light on the interview process, they'd ask standard interview question like tell me more about yourself, what is your biggest achievement, one of your weakness, explain what is AML and what do you understand from its term. The young lady that interviewed me was really friendly, not HR but i think from corporate division in AML.

Pure compliance job i would say. Salary wise, a tad bit low, ranging from RM2400 (no experience) to Rm 2500 (with experience).

They are mass hiring now due to a severe shortage of staff. People are leaving in droves.

You can be a real jackass and they'd still take you in. All you need to do during the interview is say yes. Yes to the long hours, yes to staring at the monitor the whole day and yes to working at staggered hours.

They seem to think RM 2400 is a lot. But it isn't these days. Fuel prices are rising and KFC fried chicken are getting smaller and smaller.

At least Public Bank offers RM 2800 to fresh grads. High workload but you are handsomely compensated for the effort. Some more got annual dinner with Amber Chia haha.

Ain't staying here for long. Its a sinking ship.

lol, well, they did indeed cut down the salary during august or so...due to the mass expansion...and some team leaders are acting like zzz, which makes their staff dun like them too...lol, good luck if you are with that team...XD

Wow Public bank annual dinner got amber chia... wow...
Hmm... Citi group transaction services....

Do have several friends in Citi AML though. Pay ok ok...
21-22 days leave,
2 months contractual Bonus excluding performance Bonus.
Working time, depends on your department which region you are servicing.
Good report writing skills.
Curious mindset when investigating.