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Insurance Compliance Specialist

6-12-month contract · Singapore · Hybrid

About the role

An MNC direct life insurer is launching a new private wealth product covering Singapore, Mainland China, Taiwan and Hong Kong, and we’re building the compliance capability for it here in Singapore. This is a genuinely formative role: you’ll be the person establishing how client screening and due diligence works for the product from day one, in partnership with our teams in Bermuda and Ireland.

What you’ll be doing

  • Reviewing and assessing Client Due Diligence (CDD) documentation for new business applications and in-force servicing requests, against risk appetite, policy and procedure
  • Screening individual clients
  • Identifying and escalating money laundering, terrorist financing, sanctions, fraud, adverse media and wider financial crime risk
  • Recommending appropriate due diligence measures, including Enhanced Due Diligence, and validating customer risk ratings
  • Carrying out ongoing monitoring, third-party due diligence and quality assurance reviews
  • Advising stakeholders across the business on CDD requirements
  • Managing your own workflow to meet SLAs, and contributing to process improvements as the product scales

What we’re looking for

  • 3-5 years in AML/CFT, CDD or KYC. We welcome applications from banking, wealth management and wider financial services – if you have strong financial crime fundamentals, you will be taught the product
  • Mandarin and Cantonese language skills are highly preferred for communication with Greater China counterparts
  • Experience across varied entity types: financial institutions, quoted and private companies, partnerships and trusts
  • Strong investigative research skills and sound analytical judgement, with the ability to document findings clearly
  • Familiarity with screening systems (Bridger or similar), and solid Excel and PowerPoint
  • A recognised AML, compliance or risk certification is an advantage
  • Someone who’s proactive and comfortable working with autonomy, while knowing when to escalate