KYC/AML Analyst (Insurance)

MNC | KYC/AML (Insurance)

Location: Raffles Place

Working Hours: Mon to Fri 9am to 6pm

Job Description:

1. Perform customer due diligence activities including clearing of screening matches and carrying out enhanced due diligence on high risk customers in accordance to the target turnaround time.

2. Perform peer quality check/review on activities carried out by other analysts as and when required by the supervisors.

3. Ensure proper documentation of work performed and retention of such documentation.

4. Liaise with various business and functional units for information gathering to ensure customer due diligence activities are completed properly and accurately.

5. Escalate positive matches of high risk customers and other key AML/CFT issues to the supervisors.

6. Familiarize oneself with all the relevant internal policies, processes, and procedures in order to carry out the job function properly.

7. Take accountability in considering business and regulatory compliance risks and take appropriate steps to mitigate the risks.

8. Maintain awareness of industry trends on regulatory compliance, emerging threats, and technologies in order to understand the risk and better safeguard the company.

9. Highlight any potential concerns/risks and proactively share best risk management practices.

Requirements:

1. Preferably Diploma in Financial/Business/Accounting studies or relevant Degree. [Other areas of studies will also be considered].

2. At least 1 – 2 years of relevant working experience.

3. Strong sense of ownership and responsibility.

4. Meticulous and deliberative.

5. Knowledge in Insurance industry and AML/CFT rules and regulations.

Interested applicants, please click on "Apply".

We regret to inform that only shortlisted candidates will be notified.

Rae Loh Zi Rui
R1767268
RecruitFirst Pte Ltd
EA 13C6342