Senior Manager, Financial Crime Compliance Systems

5 days left

AIA Company Limited
Hong Kong, Hong Kong
As per market standards
Jan 07, 2023
Feb 06, 2023
Job Function
Industry Sector
Finance - General
Employment Type
Full Time

We 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.

  • Act as Business Analyst for functional aspects of AML Systems, including:
  • Issue and maintain Group level guidance on parameters and settings to be maintained in AML Systems and maintain related risk libraries
  • Assess and provide recommendations on requests from BUs to deviate from systems and parameters suggested in Group guidance.
  • Conduct pre-go-live checks on AML systems to assess adherence to Group guidance on parameters and settings in AML systems.
  • Issue and maintain Group level guidance on clearance of AML related alerts (including documentation and record retention requirements).
  • Conduct ongoing testing (either directly or through the AML Centre of Excellence in Operations Shared Services Malaysia) of AML systems to assess adherence to Group guidance on parameters and settings in AML systems.
  • Provide Group level governance and project management support for implementation of Group driven AML projects.

Roles and Responsibilities:
  • Governance of Group guidance and risk libraries related to AML systems.
  • Proactive monitoring of regulatory developments impacting AML systems.
  • Acting as Subject Matter Expert on AML systems.
  • Engagement with peer companies to benchmark practices in respect of AML systems.
  • Second line monitoring to provide assurance to Group level governance committees.
  • Regulatory engagement - Ongoing engagement with the AML team at Hong Kong Insurance Authority to gain insights into regulatory perspective on relevant matters and as part of regulatory examinations.
  • Training and knowledge sharing to enhance skills of BU AML teams on AML systems related matters.
  • Driving projects to achieve maximise automation of AML controls and manage
  • related projects and initiatives.
  • Conducting research on AML systems related matters and write papers.
  • Drafting papers related to AML systems for presentation to Group governance committees.

Minimum Job Requirements:
  • Competency in the AML area and understanding of the working of AML systems based on working experience in the Financial Crime Compliance function in financial institutions or reputed international consultancies firms or regulatory authorities, in particular knowledge of typical system settings and parameters for and experience with: a) Name screening systems; b)Transaction monitoring systems
  • Preference for candidates that have experience with NICE Actimize AML Software.
  • Understanding of pertinent laws, regulations and guidelines. Knowledge and experience in the Insurance industry would be an advantage.
  • Good written and spoken English and clear, concise and persuasive writing and presentation skills.
  • Sound computer applications skills, including advanced Excel and data analytics.
  • Self-motivated.

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.