Financial Crimes Counsel

5 days ago

Singapur, Singapore Liberty Mutual Group Full time
Job Location: Singapore or Hong Kong
Job Summary:
The role is integral in the identification, managing, reporting and mitigation of Liberty Asia-Pacific’s financial crimes risks with a focus on economic and trade sanctions risks in APAC. The individual will work within the Compliance function and report to the Head of Compliance, APAC with secondary reporting to Liberty Mutual’s Global Financial Crimes Officer.
  • Providing advice to Liberty’s APAC legal entities and business unit governing bodies on compliance with applicable laws and regulations, and providing advice to the business, for example in the form of policies and procedures or written updates, in relation to applicable laws and regulations.
  • Assessing the possible impact of any regulatory development in respect of financial crimes on the operations of the business and working with the business with regard to compliance.
  • The identification and assessment of compliance risks, and the development, implementation and oversight of an appropriate framework to ensure the management of compliance risks. Such a framework will include assessing the adequacy of the measures adopted by the business to prevent non-compliance including monitoring to ensure these procedures are being adhered to.
  • Ensuring that Compliance strategy is in line with the broader strategic objectives of the Liberty International APAC businesses. Working with the business to assess new opportunities and ensuring appropriate control frameworks are established.
  • Establishing an open and constructive relationship with relevant regulators (and supervisory bodies) in Singapore, Hong Kong, Malaysia, India, Australia and China.

Duties & Responsibilities
Leadership
  • Communicate and drive Liberty’s ethical culture and values as part of driving compliance with APAC’s Financial Crimes Program.
  • Spearhead APAC’s Financial Crimes Program aligned with Liberty Mutual’s Global Financial Crimes Program.
  • Support the Head of Compliance, APAC by identifying, assessing and reporting on financial crime risks to relevant governing bodies and participating in relevant governance forums.
  • Drive operational efficiency and continuous process improvement by reviewing and challenging existing ways of working.
  • Support the Head of Compliance, APAC in engaging with senior management, and other internal and external stakeholders in an open, pro-active and collaborative manner to ensure that financial crime topics are raised, considered, addressed and reported in an appropriate manner.
Financial Crime
  • Maintain an effective financial crime framework and ensure it is proportionate to the scale, nature and complexity of Liberty’s APAC business.
  • Responsible for delivering an annual compliance plan ensuring that it aligns with business strategic objectives and the wider Compliance and Global Financial Crimes strategies.
  • Provide clear and consistent advice and direction to the Global Financial Crimes team, business partners and key stakeholders.
  • Responsible for aligning with the Company’s Global Financial Crimes Program, including escalating financial crime risks as warranted and collaborating on key Global Financial Crimes initiatives.
  • Support Head of Compliance, APAC in all financial crime matters and initiatives.
  • Responsible for ensuring APAC policies, procedures and processes are updated in accordance with legal, regulatory, and internal requirements.
  • Ensure effective horizon scanning is in place to identify material developments in economic and trade sanctions, and the wider financial crimes compliance sphere.
  • Support the Head of Compliance, APAC in managing Liberty’s regulatory obligations to ensure it remains compliant with all relevant laws and regulations.
  • Develop and maintain oversight of Financial Crime Risk Assessments (FCRA) (including its methodology) and providing expert advice to address gaps.
  • Devise an effective financial crime compliance training and communication programme for the business.
  • Work with relevant stakeholders to ensure effective monitoring of financial crime risks.
  • Provide financial crime compliance expertise and input on company projects where required.
Skills and Experience
  • Experience in the scope and application of EU, UK, US economic and trade sanctions laws and regulations and UN sanctions measures, local APAC sanctions and trade control laws and regulations, including licences and authorisations.
  • Awareness of the applicable regulators’ requirements and the enforcement environment.
  • Experience in broader financial crimes compliance programs: ABC/AML/Fraud.
  • Strong understanding of the general insurance and reinsurance industry.
  • First class people skills and a team player with excellent written and verbal communication.
  • Proven experience and track record of solving problems and delivering solutions to the business in a way that balances regulatory obligations with a strong commercial understanding.
  • Natural organisation, project management skills and a champion of change.
  • Able to challenge and be challenged.
  • Able to grasp complex issues quickly and be able to offer relevant and focused advice.
  • Ability to listen, be flexible, but decisive.
  • Pragmatic and principled, not dogmatic.
  • Relevant professional qualifications and strong academic record. A legal background is strongly preferred.
#J-18808-Ljbffr

  • Financial Crimes Counsel

    5 days ago

    Singapur, Singapore Liberty Insurance Company Limited Full time

    Join to apply for the Financial Crimes Counsel role at Liberty Insurance Company Limited 2 days ago Be among the first 25 applicants Join to apply for the Financial Crimes Counsel role at Liberty Insurance Company Limited Get AI-powered advice on this job and more exclusive features. Job Location: Singapore or Hong Kong Job Summary: The role is integral...

  • Financial Crime Intelligence Analyst

    5 days ago

    Singapur, Singapore BVNK Full time

    Financial Crime Intelligence Analyst - Crypto Join to apply for the Financial Crime Intelligence Analyst - Crypto role at BVNK Financial Crime Intelligence Analyst - Crypto Join to apply for the Financial Crime Intelligence Analyst - Crypto role at BVNK Get AI-powered advice on this job and more exclusive features. About us:BVNK provides modern payment...

  • Vice President, Financial Crime Advisory

    5 days ago

    Singapur, Singapore HSBC Full time

    Some careers grow faster than others. If you’re looking for a career that will give you plenty of opportunities to develop, join HSBC and your future will be rich with potential. Whether you want a career that could take you to the top, or simply take you in an exciting new direction, HSBC offers opportunities, support and rewards that will take you...

  • Financial Crime Intelligence Analyst

    5 days ago

    Singapur, Singapore BVNK Full time

    Financial Crime Intelligence Analyst - Crypto About us: BVNK provides modern payment infrastructure for businesses. We unify banks and blockchains in a single platform. With BVNK, businesses can send and receive stablecoin payments, convert between currencies, and add stablecoin payments to their checkout. Using our flexible platform and robust global...

  • Vice President, Global Financial Crimes Specialist

    5 days ago

    Singapur, Singapore Bank of America Full time

    Job Description: At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day. Being a Great Place to Work is core to how we drive Responsible Growth. This includes our...

  • Vice President, Global Financial Crimes Specialist

    5 days ago

    Singapur, Singapore Bank of America Full time

    Job Description: At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day. Being a Great Place to Work is core to how we drive Responsible Growth. This includes our...

  • Compliance, Regional Financial Crime Compliance, Associate, Singapore Singapore · Singapore · A[...]

    5 days ago

    Singapur, Singapore Goldman Sachs Bank AG Full time

    Opportunity Overview sitemap_outline CORPORATE TITLE Associate language OFFICE LOCATION(S) Singapore assignment JOB FUNCTION Financial Crime Controls account_balance DIVISION Compliance Division At Goldman Sachs, we connect people, capital and ideas to help solve problems for our clients. We are a leading global financial services firm providing investment...

  • Head, AML

    5 days ago

    Singapur, Singapore Prudential Assurance Company Singapore Full time

    Join to apply for the Head, AML & Financial Crimes (PFA) role at Prudential Assurance Company Singapore 1 day ago Be among the first 25 applicants Join to apply for the Head, AML & Financial Crimes (PFA) role at Prudential Assurance Company Singapore Prudential’s purpose is to be partners for every life and protectors for every future. Our purpose...

  • Legal Counsel

    5 days ago

    Singapur, Singapore Manulife Financial Full time

    As a Junior Legal Counsel in the AWAM legal team, you will support senior lawyers in advising on legal and regulatory matters across Asia. You will assist in drafting, reviewing, and negotiating a wide range of legal agreements and help ensure compliance with local and international regulations. Position Responsibilities: Retail and Private Funds Draft,...

  • Data Analytics

    3 days ago

    Singapur, Singapore Network For Electronic Transfers (S) Full time

    Overview The NETS Group is a leading payments services group, enabling digital payments for merchants, consumers and banks across the entire payments value chain. The Group operates Singapore’s national debit scheme enabling customers of DBS Bank/POSB, HSBC, Maybank, OCBC Bank, Standard Chartered Bank and UOB to make payments using their ATM cards or...