Purpose of Job
The role requires the candidate to ensure that our operations and business transactions follow all relevant laws, regulatory guidelines, legislations, code of conduct and ethics, group and internal policies and procedures.
Key Responsibilities
- Assist to implement organizational policies and procedures in tandem with the laws, statutes, guidelines, and business activities including to feedback, where necessary.
- Conduct name checks screening and relevant reviews on new business, existing clients, change of servicing brokers, policy claims and etc using Comply Advantage, Dow Jones, World Check and other public websites e.g. google.
- Assist in conducting Know Your Customer/Customer Due Diligence (KYC/CDD) procedures on prospects, clients, business referrals and any parties engaged by the Company.
- Assist in preparation of reporting procedures to regulator(s).
- Provide other administrative support to the HIB and HPW Compliance Departments e.g. prepare and circulate Annual Review Report to Management etc.
- Other additional duties as may be assigned from time to time.
Knowledge, Experience and Skill
- Bachelor's degree in business administration, insurance, or related disciplines.
- Minimum 1 - 2 years of related working experience in compliance or AML/CFT role, preferably in insurance broker company.
- Possess Knowledge of Insurance preferably in insurance brokerage, an added advantage
- Able to communicate effectively both orally and written in English
- Proficiency in computer skills (Microsoft Excel, Word, and Power Point)
- Good organizational skills with attention to detail
