Specialist, Risk & Compliance (AIA FA) at AIA

Singapore, Singapore, Singapore -

Full Time

Start Date

Immediate

Expiry Date

21 Dec, 25

Salary

0.0

Posted On

22 Sep, 25

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Analytical Skills, Investigative Skills, Attention To Detail, Microsoft Office Suite, Data Analysis, AML Regulations, Interpersonal Skills, Risk Assessment, Compliance, Enhanced Due Diligence, Customer Due Diligence, Training, Process Improvement, Reporting, Documentation, Financial Crime Prevention

Industry

Insurance

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 As the SME for EDD, provide the end-to-end support for the onboarding of high-risk customers (HRC) from all business segments which will include performing the relevant CDD, SOF, SOW collection and corroboration, EDD investigation and customer risk assessment on a timely basis. Risk Assessment & Compliance: Conduct enhanced due diligence (EDD) on high-risk customers and complex cases. Liaise with internal stakeholders to ensure timely escalation of potential risks to senior management Work closely with all stakeholders to coordinate the EDD case management and ensure relevant supporting documents address the risks assessed. Prepare and report Suspicious Activity Reports (SARs) in compliance with regulatory and internal requirements. Reporting & Documentation: Maintain accurate records of all EDD and correspondence in accordance with company policies and regulatory obligations. Provides regular and ad-hoc reporting to senior management, Group Compliance, regulators and auditors and other stakeholders. Prepare and present detailed findings, analysis, and recommendations to internal teams or regulators when necessary. Operational Support & Process Improvement: Identify trends and inefficiencies in the AML operations processes and recommend improvements and participate the enhancement initiatives, including UAT, update of operational manuals Provide training, advisory and guidance to the relevant business units on the EDD requirements, especially on the SOF/ SOW corroboration requirements and proactively identify areas of improvements in relation to the area of independent assessment, risk mitigations and benchmarking. Implements new processes to address evolving AML risks and landscape. Performs other responsibilities and duties periodically assigned by supervisor. Education: Bachelor’s degree in Finance, Law, Business, or a related field (or equivalent experience). Certification in Anti-Money Laundering (e.g., CAMS, CFE, or other relevant certifications) Experience: Minimum of 5-7 years of experience in AML compliance, financial crime prevention, or a related field. Experience in the insurance industry and AML systems (e.g., Actimize, SAS, etc.) is a plus. Experience in EDD reviews and KYC onboarding for HNW / offshore customers, including good understanding of the various issues and practical solutions of the SOF / SOW corroborations for high-risk clients. Skills & Attributes: Strong analytical and investigative skills with attention to detail. Ability to work independently and manage multiple priorities under pressure. · Proficient in Microsoft Office Suite (Excel, Word, PowerPoint) and data analysis skills. Knowledge of local and international AML regulations and standards (e.g., FATF, OFAC, MAS, TSIFA). Strong interpersonal skills and ability to positively influence internal (distributions channels and support staff) and external parties (brokers, bankers, agents) to ensure strong and effective AML risk and compliance governance. High level of integrity and takes ownership and accountability of results. 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. 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. As the largest listed company on the Hong Kong Stock Exchange, we’ve been proudly making a difference for people and communities across Asia for over a century. And we build on this every day with our ambition to engage one billion people to live Healthier, Longer, Better Lives by 2030. 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. Inspiring and supporting you to thrive - not just at work, but in life. Believe in better with AIA. View our AIA LinkedIn page Bring your difference to AIA

Responsibilities

Provide end-to-end support for onboarding high-risk customers, including conducting enhanced due diligence and customer risk assessments. Maintain accurate records and prepare reports in compliance with regulatory requirements.