Aml Analyst - Singapore - AIA

AIA

Verified Company

Singapore

2 weeks ago

Posted by:

Wei Jie

beBee Recruiter

Description

At AIA we've started an exciting movement to create a healthier, more sustainable future for everyone.

It's about finding new ways to not only better people's lives, but to better the communities and environments we live in. Encompassing our ambition of helping a billion people live Healthier, Longer, Better Lives by 2030._
And to get there, we need ambitious people who believe in playing an important part in shaping that future. People seeking unmatched career and personal growth opportunities, who are driven to work with, and learn from some of the most inspiring and supportive leaders in the business._

Sound like you? Then read on.

About the Role

Responsible for developing and implementing processes and controls to ensure compliance with rules and regulations that prevent financial crime

What you will do:

Perform periodic review, trigger event review and enhanced due diligence for higher risk customers and suspicious transactions (e.g. PEP, sanctions, adverse news, assignments, cash or cash equivalent transactions, etc.) according to applicable AML/CTF policies / guidelines / SOPs
Review and assess alerts arising from name screening / transaction monitoring / customer risk scoring systems and liaise with other functional units (e.g. Life Operations) for necessary investigation and followup actions
Identify and call out higher risk customers / suspicious transactions / activities for senior management reporting / review and approvals
Conduct investigation into suspicious activities and prepare suspicious transaction report for timely filing to Financial Intelligence Unit
Contribute suggestions / support to improve system/operation processes and methodologies through participation of operational impro or digitalization projects, e.g. conduct user acceptance test, update operation manuals, etc.
Maintain accurate regular review, risk assessment, trigger event review and enhanced due diligence records
Assist to prepare AML/CTF related management reports
Support risk assessment / compliance review on regular or upon adhoc request
Carry out other adhoc tasks or projects, e.g. support regulatory reporting
Exercise diligence in delivering quality work and strong commitment to agreed timeline.

What you should have:

Diploma/Degree in Finance, Business or any related field 2 to 3 years of experience in financial crime compliance role within insurance industry
Good knowledge of AML/CTF control processes and MAS requirements
Strong interest in developing career in insurance and AML/CTF space
Good teammate, attention to details, able to tackle high volume of workload and multitasking; at times may involve working beyond the normal office hours
Excellent verbal and written communication skills
Knowledge or exposure in any data analytics tool or AML System is a plus, e.g. Nice Actimize, SQL, Python
Certifications pertaining to AML/KYC will be added advantage, e.g. ACAMS
Build a career with us as we help our customers and the community live Healthier, Longer, Better Lives._