Financial Crimes Counsel

17 hours ago


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 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. Powered by JazzHR

Seniority level
  • Seniority level Mid-Senior level
Employment type
  • Employment type Full-time
Job function
  • Job function Legal

Referrals increase your chances of interviewing at Liberty Insurance Company Limited by 2x

Sign in to set job alerts for "Lawyer" roles. Disputes, Regulatory & Governance Lawyer Commercial Legal Counsel, South East Asia Legal Counsel (6 Months Maternity Cover)

Downtown Core, Central Singapore Community Development Council, Singapore 2 weeks ago

We're unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.

#J-18808-Ljbffr

  • Singapore ZM Financial Systems Full time

    Collaboration = Innovation One leads to the other. At Moody’s, we believe good teamwork gives us an edge. We foster a culture that thrives on diverse perspectives to overcome ever-changing market challenges. Join us and let’s move the world forward together. Department Role/Responsibilities - The Financial Crime Compliance Specialist is responsible...


  • Singapore beBeeFinancial Full time

    Financial Crime Prevention SpecialistWe are seeking an accomplished Financial Crime Prevention Specialist with extensive expertise in Anti-Money Laundering (AML), Know Your Customer (KYC), Fraud Prevention, and Actimize platform implementations. The role involves comprehensive business analysis, solution design, and stakeholder management for large-scale...

  • Commercial Manager

    1 week ago


    Singapore SWIFT Financial Messaging Services Full time

    About the Role Over the last years SWIFT has developed a portfolio of shared services, ranging from solution around Business Intelligence, Reference Data, as well as Financial Crime Compliance. These shared services are considered as the growth engine for SWIFT now and in the years to come achieving over 20% YOY growth in revenue, 30% in FCC. Although...


  • Singapore beBeeCompliance Full time $90,000 - $120,000

    Enhance Your Career with a Leadership Role in Financial Crime Compliance Job Description:We are seeking an experienced professional to support our Global Financial Crimes Compliance Testing - Asia (GFCCT) function. The ideal candidate will assist in performing deep dives and targeted risk-based thematic reviews of financial crimes compliance processes in...


  • 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


  • Singapore beBeeInvestigator Full time

    Forensic InvestigatorWe are seeking a Forensic Investigator to join our team in Thailand. As a Forensic Investigator, you will be responsible for conducting investigations into financial crime, fraud and other economic crimes.The ideal candidate will have prior experience in an area related to Forensic Accounting, Fraud & Financial Investigations, Corporate...


  • Singapore Qontel Search Pte Ltd Full time

    This role is instrumental in driving all aspects of the financial crime compliance function with accountability for the Singapore office, driving and establishing Financial Crime governance to ensure alignment with regulatory requirements. Acting as the MLRO, you will play a key role in providing advisory on AML/CFT regulations, high-risk account reviews and...


  • Singapore Qontel Search Pte Ltd Full time

    -Qontel Search Pte Ltd Singapore Posted 2 hours ago Permanent Negotiable - Reputable Capital Markets financial institution - Based in SingaporeThis role is instrumental for driving all aspects of financial crime compliance function with accountability for the Singapore office, driving and establishing Financial Crime governance to ensure alignment with...


  • Singapore Qontel Search Pte Ltd Full time

    -Qontel Search Pte Ltd Singapore Posted 5 hours ago Permanent Negotiable - Reputable Capital Markets financial institution - Based in SingaporeThis role is instrumental in driving all aspects of the financial crime compliance function with accountability for the Singapore office, driving and establishing Financial Crime governance to ensure alignment with...


  • Singapore beBeeInvestigator Full time

    Job TitleA Financial Crimes Compliance Investigator is required to join our team in Singapore. This role will be responsible for conducting investigations into financial crimes, identifying potential risks and recommending controls to mitigate these risks.The ideal candidate will have a strong understanding of financial markets and products, as well as...