Assist Head of Department – Compliance on the following:
AML/CFT compliance
- To monitor AML/CFT Compliance
- To conduct the half yearly audit and liaise with HODs on regular basis to regularise the screening process
- Conduct the New Joiners Training programme quarterly. To do a refresher training for all existing employees along with New Joiners. Conduct one training session for Agents
- To file the Suspicious Transactions with SPF and report to MAS
- Identify the sanctioned entities from the emails received from various regulatory authority and send to the respective departments
- To read through the regulations/guidelines, analyse the existing policy, and liaise with other insurance company AML professionals to get the latest update and modify the policy accordingly
- To identify the EDD cases and work with respective departments to ensure the compliance
- To work with IT department and Lexis Nexis and identify the areas of improvement and solutions for existing issues
PDPA, IRAS, GIA, Companies Act and MAS Compliance
- To follow up with necessary departments, Company secretary and comply with all regulations
- To make a check list of all data submissions (returns & surveys) and monitor them meticulously
S&P Annual credit rating analysis: To collate and ensure delivery of whole data requirement to S&P on time for S&P Annual credit rating analysis. Prepare presentations to S&P team.
- To work on the Enterprise Risk Management.
- Any other jobs relating to regulatory requirements
Requirement:
- Degree/Diploma/Insurance qualification
- At least 5 years of relevant experience.
- Familiar with local market mechanism and practices
- Good working knowledge of underwriting methodology
- Demonstrated sound judgement and initiative in working within underwriting guidelines
- Ability to develop and foster relationships within and outside the company and interact effectively with multiple stakeholders
- Dynamic, organized and possess good written and oral communication skills
- Ability to work independently and collaboratively, think critically, and problem-solve.
- Singaporeans and PR only
