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AIA Hong Kong and Macau · 2 months ago

AML Consultant (International Wealth)

SG-Wealth Centre

Full-time

Onsite

Senior Level

5+ years exp

AIA International Wealth Private Limited is committed to empowering its employees to improve lives. The AML Consultant role is focused on ensuring compliance with anti-money laundering and financial crime regulations, providing expert guidance, and establishing necessary procedures to mitigate risks.

Insurance

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

Qualification

AML/CTF control processesFinancial Crime ComplianceAML/KYC certificationsData analytics toolsTeam leadership experienceVerbal communicationWritten communication