AML Consultant (High Net Worth)

FIND YOUR 'BETTER' AT AIAWe don’t simply believe in being ‘The Best’. We believe in better - because there’s no limit to how far ‘better’ can take us.We believe in empowering every one of our people to find their 'better' - in the work they do, the career they build, the life they live and the difference they make. So that together we can support even more people - including our own - to live Healthier, Longer, Better Lives.If you believe in better, we’d love to hear from you.About The RoleAs the senior member of the AML operations team, support the Lead, FCC, in ensuring the efficient operation of the AML programme and guiding a team of analysts to deliver quality results on a timely basis.As the SME for EDD, provide the end-to-end support for the onboarding of high risk customers (HRC) from the high net worth (HNW) and offshore 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 & ComplianceConduct enhanced due diligence (EDD) on high-risk customers and complex cases.Liaise with internal stakeholders to ensure timely escalation of potential risks to senior managementWork closely with the distribution channels and other support units (such as New Business) to coordinate the EDD case management and ensure relevant supporting documents address the risks assessed.Prepare Suspicious Activity Reports (SARs) in compliance with regulatory and internal requirements.Support the Lead, FCC, by reviewing and providing input on the investigations and assessments performed by junior analysts.Reporting & DocumentationMaintain accurate records of all EDD and correspondence in accordance with company policies and regulatory obligations.Support the Lead, FCC, in regular and ad-hoc reporting to senior management, Group Compliance, regulators and auditors and other stakeholdersPrepare and present detailed findings, analysis, and recommendations to internal teams or regulators when necessary.Operational Support & Process ImprovementIdentify trends and inefficiencies in the AML operations processes and recommend improvements and participate the enhancement initiatives, including UAT, update of operational manualsProvide 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 benchmarkingSupport the Lead, FCC, in implementation of new processes to address evolving AML risks and landscape.Team Support & MentoringMentor junior analysts and provide guidance on more complex investigations and cases.Contribute to training programs to ensure the team’s knowledge and skills are continuously evolving in line with industry standards.Support the Lead, FCC, in monitoring the performance of the analysts and ensuring timelines are metEducationBachelor’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)ExperienceMinimum of 5-7 years of experience in AML compliance, financial crime prevention, or a related fieldExperience in the insurance industryExperience in AML systems (e.g., Actimize, SAS, etc.)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.Believe in better with AIA. 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!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.ABOUT AIA For over a century, AIA has served the ever-changing needs of our customers across Asia-Pacific. Our Purpose to help millions of people live Healthier, Longer, Better Lives is at the heart of everything we do. As pioneering innovators, we’re now transforming AIA to be faster, simpler and more connected to create better solutions and impactful experiences for our customers and communities. AIA encourages and enables our people to act with clarity, courage and humanity in service of our Purpose. JOIN US At AIA, we believe in empowering every one of our people to find their 'better' - in the work they do, the career they build, the life they live and the difference they make. Whether it’s investing better wellbeing, inspiring better learning, building better relationships, or making a better impact on customers, a career at AIA will challenge you to find new ways to pursue your ‘better’. AIA is committed to building a vibrant, diverse, and inclusive workforce for all employees to thrive in. Join us if you believe in creating a better tomorrow!