- Oversee and manage the onboarding of High Net Worth Clients, including performing Source of Wealth corroboration;
- Ensure compliance with the MAS AML Notice, Guidelines and associated instruments, as well as other relevant laws and regulations;
- Understand and apply all relevant KYC processes, including Name Screening, Customer Due Diligence (CDD), Customer Risk Rating, as well as managing management approvals for sanction risk, political exposure risk and other high risk clients;
- Advise management, business units and local compliance across GE Group on relevant AML-related matters, particularly in respect of AML rules and considerations applicable to HNW clients;
- Carry out such other AML/CFT and other tasks as may be required.
- Hold tertiary or relevant professional qualification, preferably with certification in the area of AML/CFT;
- Have at least 8 years of working experience
- Have at least 5 years of direct experience in performing AML due diligence for onboarding HNW clients, including performing Source of Wealth corroboration, preferably for a private bank;
- Have good knowledge of AML/CFT matters;
- Are team players and able to work under pressure to meet tight deadlines;
- Are able to handle difficult situations and adapt to fast-pace environment;
- Have a good analytical, conceptual and problem solving mind;
- Are resourceful information seekers with an orientation towards order and quality;
- Have good interpersonal skills; and
- Are self-starters and proactive.
How You Succeed
- Champion and embody our Core Values in everyday tasks and interactions.
- Demonstrate high level of integrity and accountability.
- Take initiative to drive improvements and embrace change.
- Take accountability of business and regulatory compliance risks, implementing measures to mitigate them effectively.
- Keep abreast with industry trends, regulatory compliance, and emerging threats and technologies to understand and highlight potential concerns/ risks to safeguard our company proactively.
Who We Are
Founded in 1908, Great Eastern is a well-established market leader and trusted brand in Singapore and Malaysia. With over S$100 billion in assets and more than 16 million policyholders, including 12.5 million from government schemes, it provides insurance solutions to customers through three successful distribution channels a tied agency force, bancassurance, and financial advisory firm Great Eastern Financial Advisers. The Group also operates in Indonesia and Brunei. The Great Eastern Life Assurance Company Limited and Great Eastern General Insurance Limited have been assigned the financial strength and counterparty credit ratings of AA- by S&P Global Ratings since 2010, one of the highest among Asian life insurance companies. Great Eastern's asset management subsidiary, Lion Global Investors Limited, is one of the leading asset management companies in Southeast Asia. Great Eastern is a subsidiary of OCBC, the longest established Singapore bank, formed in 1932. It is the second largest financial services group in Southeast Asia by assets and one of the world's most highly-rated banks, with an Aa1 rating from Moody's and AA- by both Fitch and S&P. Recognised for its financial strength and stability, OCBC is consistently ranked among the World's Top 50 Safest Banks by Global Finance and has been named Best Managed Bank in Singapore by The Asian Banker.
To All Recruitment Agencies
Great Eastern does not accept unsolicited agency resumes. Please do not forward resumes to our email or our employees. We will not be responsible for any fees related to unsolicited resumes.
Work Locations
SG-GE Centre
Job
Risk Management
