AML Consultant (International Wealth)

FIND YOUR 'BETTER' AT AIA

We don't simply believe in being 'The Best'. We believe in better - because there's no limit to how far 'better' can take us.

We believe in empowering every one of our people to find their 'better' - in the work they do, the career they build, the life they live and the difference they make. So that together we can support even more people - including our own - to live Healthier, Longer, Better Lives.

If you believe in better, we'd love to hear from you.

About the Role

Main purpose of the role is to comply effectively with the rules relating to anti-money laundering, anti-fraud and anti-bribery for the organization.

Responsibilities:

• Being the Subject Matter Expert (SME) to provide guidance and advice to internal stakeholders over requirements associated Anti-Money Laundering (AML), Counter Financing Terrorist (CFT) and Anti-Bribery Corruption (ABC);
  
• Establish procedures and manuals for handling various Financial Crime Compliance (FCC) activities, including enhanced due diligence, transaction monitoring;
  
• Provide guidance to the team meeting applicable regulatory requirements and internal AML/CFT Framework, Guidelines, Standards, Policies and Standard Operating Procedures (SOP);
  
• Prepare AML/CFT/ABC related management reports to various stakeholders;
  
• Provide guidance and procedures to the team to maintain accurate regular review, risk assessment, trigger event review and enhanced due diligence records;
  
• Assess / review / advise to proposals/transactions associated with higher ML/TF risk (e.g. PEP, SDN, tax evasion, adverse findings identified via name screening or transaction monitoring activities);
  
• Conduct investigation / enhanced due diligence reviews on higher ML/TF risk customers or cases associated with AML/CTF/ABC risk on regular or upon ad-hoc request;
  
• Identify suspicious transaction with support of data analytics, early warning system reports and AML Systems, and file Suspicious Transaction Report to local Financial Intelligence Unit (STRO);
  
• Carry out due diligence and ongoing monitoring and reviews of Introducers;
  
• Support regulatory survey / risk assessment / compliance review / quality assurance activities on regular or upon ad-hoc request;
  
• Formulate and follow through implementation of remediation action plans to support closure of internal and external audit observations, on a timely basis;
  
• Carry out other ad-hoc tasks or projects, e.g. support regulatory reporting and audits
  

Key Requirements:

• At least 5 years' working experience in Insurance or Banking industry in a Financial Crime Compliance function
  
• In-depth knowledge and understanding in AML/CTF control processes and MAS requirements
  
• Have team lead experience in driving process change or supporting operational activities in insurers or banks
  
• Excellent verbal and written communication skills
  
• Certifications pertaining to AML/KYC, e.g. ACAMS
  
• Hands-on experience in using AML System and/or data analytics tool, e.g. Nice Actimize, Excel, SQL, etc.
  

Believe in better with AIA. If you work at AIA, you play an important part in this movement. Which is why we give you every opportunity to learn, grow and shape your career - your way!

#LI-FH1

Build a career with us as we help our customers and the community live Healthier, Longer, Better Lives.

You must provide all requested information, including Personal Data, to be considered for this career opportunity. Failure to provide such information may influence the processing and outcome of your application. You are responsible for ensuring that the information you submit is accurate and up-to-date.