Executive / Senior Executive, Financial Crime & Investigation
PURPOSE OF THE ROLE
Ensure that monitoring and advisory activities in Aviva FA are effectively managed and kept within the Company’s appetite for Regulatory Risk.
Execution of the Compliance work plan to ensure the compliance function discharges its responsibility to enable and monitor the business’ adherence to laws and regulations.
Responsible in the reporting of anti-money laundering & compliance reports, possible fraud and illegal activities in Singapore Office.
Conduct investigations in relation to customer complaints and market conduct related issues.
Efficient in detecting suspicious transactions and clients’ identification and screening.
Monitor the fitness and propriety of representatives.
Administration of anti-money laundering and combating financing of terrorist, including:
register and update suspicious activities received
preliminary review of management information generated by system
preparation of suspicious transactions report (STRs)
maintenance of terrorist list input file, politically exposed persons (PEPs) and high risk clients (HRCs)
front-end screening of terrorist and PEPs and HRCs
administer control self-assessment for anti-money laundering / combating financing of terrorism
Administration of anti-fraud
Coordinate and compile CAD / Police requests for information and documents
Assist in the investigation of staff, customer or distributor fraud
Review of suspicious transactions reports or trend analysis.
Assist in preparation of regular statistics / reports as required for internal review or for submissions to the relevant local authorities or Group.
Compliance and Financial Crime training is conducted within internal and regulatory timelines.
RELATIONSHIPS (INTERNAL & EXTERNAL)
Chief Executive Officer
Senior Management Team
Monetary Authority of Singapore
Head of departments
Stakeholders of Aviva FA
Group / Regional Risk and Compliance
Professional insurance qualifications
Professional compliance qualification
CMFAS Modules 5, 9, 9A, CHI, 8 and 8A.
Proficient in regulations:
At least 3 -5 years of related experience in the financial services industry in Compliance and able to work independently without close supervision.
Ability to track and follow-up on status of reports to relevant Committees