Job Description

You are as unique as your background, experience and point of view. Here, you\xe2\x80\x99ll be encouraged, empowered and challenged to be your best self. You\'ll work with dynamic colleagues - experts in their fields - who are eager to share their knowledge with you. Your leaders will inspire and help you reach your potential and soar to new heights. Every day, you\'ll have new and exciting opportunities to make life brighter for our Clients - who are at the heart of everything we do. Discover how you can make a difference in the lives of individuals, families and communities around the world.

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Anti-Money Laundering / Anti-Terrorist Financing (\xe2\x80\x9cAML/ATF\xe2\x80\x9d)

• Assume the role of Money Laundering Prevention & Reporting Officer for the Branch, and represent the Branch on all AML/ATF matters including liaison with stakeholders such as Sun Life Corporate / Asia Regional Office, regulators, law enforcement agencies, and industry association.

• Review suspicious transaction/s cases escalated by the 1LoD and via the organisation\xe2\x80\x99s transaction monitoring system. Timely reporting and follow-up on suspicious cases reported to relevant stakeholders.

• Provide inputs / guidance to 1LoD on High Risk Client identified prior to their escalation to Senior Management for their decision making on the High Risk Client.

• Work with 1LoD to completed the Annual AML/ATF Enterprise Risk Assessment and submit them to Corporate / Asia Regional Office within agreed timelines.

• Provide relevant AML/ATF training content / inputs (as required) for staff e-learning. Conduct specialized AML/ATF training for Senior Management / 1LoD if required.

Compliance Program

• Assist the Business Unit Compliance Officer (\xe2\x80\x9cBUCO\xe2\x80\x9d) to develop, implement and monitor the risk based compliance plan covering relevant regulatory requirements as well as those under the organisation\xe2\x80\x99s Compliance Risk Management Framework (\xe2\x80\x9cCRMF\xe2\x80\x9d).

• Work with the BUCO to ensure that CRMF baseline activities are in place whilst balancing business priorities with the organisation\xe2\x80\x99s governance, risk management and oversight requirements.

• Establish and maintain strong collaboration with other assurance parties and 1st line functions, to embed the three Lines of Defense model, and enhance business ownership of compliance risks.

• Work with 1LoD in the implementation of regulatory requirements / changes in a timely manner.

Compliance Advisory and Training

• Advise 1LoD functions on relevant compliance and regulatory matters under the CRMF.

• Assist the BUCO in the review and approval of all marketing collaterals and press releases etc (as needed).

• Represent the Branch as the compliance subject matter expert in industry associations, and in Corporate / Regional meetings and workgroups when BUCO is not available.

• Assist the BUCO in the review of other compliance related training contents (Anti-Bribery & Corruption, Privacy etc.) and the conduct of additional training where necessary.

Projects

• Work with various stakeholders on the implementation of RCM TOM project and Compliance Transformation.
• Participate in any key initiatives or ad-hoc projects (as required) identified by Senior Management in the course of the year.

Work Experience / Qualifications

• Prior working experience in compliance preferably in a financial institution in Singapore
• Knowledge and hands-on experience in compliance.
• Strong knowledge of Singapore insurance and financial advisory related regulations and industry requirements.
• University graduate
• At least 6-8 years of relevant working experience
• Diploma in Compliance (would be a plus)
• ACAMS (would be a plus)

Skills

• Able to work independently.
• Pro-active and be a team player.
• Strong analytical abilities and problem solving skills.
• Good interpersonal skills to work with various stakeholder
• Fluency in both spoken and written English with strong written skills
• Communicate effectively with people across at all levels in the organisation and with regulators
• Familiar with the regulatory environment in Singapore

Job Category: Compliance

Posting End Date: 29/11/2023

Sun Life Financial