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Compliance Consultant - Insurance (1 year contract)

Remote: 
Full Remote
Contract: 
Experience: 
Mid-level (2-5 years)
Work from: 

Oliver James logo
Oliver James SME https://www.oliverjames.com/
501 - 1000 Employees
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Job description

Our client is a leading life insurer offering a comprehensive range of insurance and financial services across the region. Seeking a dedicated and experienced individual to join their dynamic compliance team.

Job Summary

Our client is a leading life insurer offering a comprehensive range of insurance and financial services across the region. Seeking a dedicated and experienced individual to join their dynamic compliance team.

Job Responsibilities

  • Assist the AML team in conducting EDD reviews on higher-risk clients to ensure compliance with regulatory standards
  • Oversee the transaction monitoring process, identifying and investigating suspicious activities and filing STR to mitigate potential money laundering risks
  • Manage the name screening operations, ensuring accurate and timely identification of sanctioned individuals and entities
  • Assist in developing and implementing AML policies and procedures to enhance the organization's compliance framework
  • Coordinate with internal stakeholders to address AML-related inquiries and provide expert guidance on compliance matters
  • Prepare detailed reports and presentations for senior management and regulatory bodies, summarizing AML activities and findings
  • Collaborate with the IT department to optimize AML software tools and systems, ensuring efficient and effective monitoring capabilities

Job Requirements

  • Degree holder with minimum 3 years of AML Compliance or KYC/CDD related operations experience in banking or insurance industries
  • Strong analytic skill and detail-minded personality
  • Excellent interpersonal and communication skills
  • Immediate notice is highly preferred
  • Flexible working arrangement

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Required profile

Experience

Level of experience: Mid-level (2-5 years)
Spoken language(s):
English
Check out the description to know which languages are mandatory.

Other Skills

  • Analytical Skills
  • Report Writing
  • Social Skills
  • Detail Oriented
  • Communication

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