Anti-Money Laundering Specialist

QualificationsMust be a graduate of Finance, IT, Data Analytics, or any related courses.Experienced in/as AML for 1 year is a must have.  (Non-Negotiable)Minimum of 1 year of professional experience in the insurance industry, including compliance and operations. (Non-Negotiable)With experience and a strong background in regulatory environments, such as insurance and banking. (Non-Negotiable)Proficient in Microsoft Office applications, including Word, SharePoint, Excel, and PowerPoint. (Non-Negotiable)Must be a Team player and can work with minimal supervision. (Non-Negotiable)Excellent interpersonal skills and Excellent communication skills. (Non-Negotiable)With Strong analytical skills and very keen on details (Non-Negotiable)Effective problem-solving abilitiesCan Start ASAP. (Non-Negotiable)Job DescriptionSummary of the Job: Develop, implement, and manage the Company's compliance framework to protect the Company's reputation and ensure that it operates in the highest standards of compliance in accordance with local and regional regulatory requirements.Conducts regular review of AML risk-based tools and monitoring systemsIdentifies problems and escalates potential compliance vulnerability, risks, and issuesIdentifies AML implications associated with new products, systems, procedures, and emerging risk areasFormulates, reviews, modifies, and disseminates guidelines and policies related to the AML Compliance Program of the CompanyAssists in assessing KYC/CDD/EDDMonitors and reviews the daily covered and suspicious transactions, and performs further investigation on identified suspicious customers, and reports to AMLOMonitor compliance of business units with new regulations and correspondence from local regulators andthe regional officeAssists in implementing and maintaining transaction monitoring policies, procedures, and guidelinesDevelop and promote regular compliance awareness programs through training and campaignsMonitor business units’ action plans and compliance with Corporate Governance (regulatory reports submission in accordance with regulators’ reportorial requirements)