Perform daily and monthly compliance checks including defined compliance monitoring testing and transaction reporting in particular AML, FATCA and CRS;
Perform Know Your Customer and conduct enhanced customer due diligence if required;
Review and investigate alerts associated with suspicious transactions and high-risk name matches;
Provide guidance and support on complicated Trust structures, connected parties, PRC and PEP cases;
Deliver compliance training / case study in collaboration with Compliance to align and enforce the compliance-related policies and procedures are well executed and complied among operation teams;
Perform periodic and ad-hoc distributors review and assessment;
Perform back book reviews as required;
Work with claims on new assignee banks review documents in conjunction with Legal and Compliance;
Produce progress and management reports on AML, FATCA and CRS related;
Establish the folder access control between Customer Service and other departments ensuring customer data is properly stored and accessed in accordance to the applicable information security, data protection and data privacy laws, regulations, and local industry requirements;
Participate in business and regulatory related projects as required.
Bachelor’s degree in business management or equivalent education;
Over 3 years’ experience in AML compliance function of financial institution(s) ideally with a regional focus will be an advantage;
1st line life insurance operations experience would be desirable;
Sound knowledge of insurance products, compliance processes and regulatory requirements, ideally in the high net worth life insurance market;
Strong problem solving and analytical skills to proactively identify and initiate actions and practical solutions to implement technical concepts;
Able to work independently and communicate effectively across multiple disciplines;
Detail-oriented, diligent, dedicated to assigned duties;
Good time management;
Good command of both oral and written English;
Proficient in MS Office applications.
Interested candidates are invited to submit the application with detailed resume stating educational background, working experience, current salary package, email and phone contact number to HR.
Personal data collected will be used for recruitment purposes.
Personal data of unsuccessful applicants may be retained up to two years only.