Great Eastern Life Assurance Co Ltd - Singapore

Job Purpose
You will be part of the Group AML/CFT Compliance & Operations team to ensure all business relationships have undergone appropriate Customer Due Diligence.
The Job

  • Perform customer due diligence activities including clearing of screening matches and carrying out enhanced due diligence on high risk customers in accordance to the target turnaround time;

  • Perform peer quality check/review on activities carried out by other analysts as and when required by the supervisors;

  • Ensure proper documentation of work performed and retention of such documentation;

  • Liaise with various business and functional units for information gathering to ensure customer due diligence activities are completed properly and accurately;

  • Escalate positive matches of high risk customers and other key AML/CFT issues to the supervisors;

  • Familiarize one-self to all the relevant internal policies, process and procedures in order to carry out the job function properly;

  • Assist in the development and testing of the enhanced AML/CFT systems;

  • Take accountability in considering business and regulatory compliance risks and takes appropriate steps to mitigate the risks;

  • Maintain awareness of industry trends on regulatory compliance, emerging threats and appropriate steps to mitigate the risks;

  • Highlight any potential concerns/risks and proactively shares best risk management practices; and

  • Carry out tasks as instructed by the supervisors.

Our Requirements

  • Preferably Diploma in Financial/Business/Accounting studies or relevant Degree. [Other areas of studies will also be considered];

  • At least 1 - 2 years of relevant working experience;

  • Key Skills:

  • Good analytical skills

  • Good command of English language [both spoken and written] is essential

  • Strong sense of ownership and responsibility

  • Meticulous and deliberative

  • Self-motivated and willing to learn

  • Able to write report with basis of judgment

  • Able to relate facts and information from various sources

  • Proactive and good teamwork

  • Key Knowledge:

  • Insurance industry

  • AML/CFT rules and regulations

  • Relevant internal policies and procedures

  • Computer literate - Microsoft Office and BAE/Detica/Norkom AML System

  • Key Competencies:

    • Legislation and Compliance (AML/CFT)

    • Risk Analysis and Management (AML/CFT)

    • Process, Procedures and Policies

    • Report Writing and Reasoning

    • Policy management and AML/CFT Systems

  • High level of integrity, takes accountability of work and good attitude over teamwork; and

  • Takes initiative to improve current state of things and adaptable to embrace new changes.

About Great Eastern
Established in 1908, Great Eastern places customers at the heart of everything we do. Our legacy extends beyond our products and services to our culture, which is defined by our core values and how we work. As champions of Integrity, Initiative and Involvement, our core values act as a compass, guiding and inspiring us to embrace the behaviours associated with each value, upholding our promise to our customers - to continue doing our best for them in a sustainable manner.
We work collaboratively with our stakeholders to look for candidates who exhibit or have the potential to embrace our core values and associated behaviours, as these are the key traits that we expect from our employees as they develop their careers with us.
We embrace inclusivity, giving all employees an equal opportunity to shine and play their role in exploring possibilities to deliver innovative insurance solutions.
Since 2018, Great Eastern has been a signatory to the United Nations (UN) Principles of Sustainable Insurance. Our sustainability approach around environmental, social, and governance (ESG) considerations play a key role in every business decision we make. We are committed to being a sustainability-driven company to achieve a low-carbon economy by managing the environmental footprint of our operations and incorporating ESG considerations in our investment portfolios; improving people's lives by actively helping customers live healthier, better and longer; and drive responsible business practices through material ESG risk management.
To all recruitment agencies: Great Eastern does not accept unsolicited agency resumes. Please do not forward resumes to our email or our employees. We will not be responsible for any fees related to unsolicited resumes.
Please note that our career opportunities are only posted on our Career Website ( and on our authorised job platforms which are specifically LinkedIn, JobStreet and eFinancialCareers. We do not initiate any unsolicited calls and all official emails from Great Eastern will be sent from email addresses ending with “”. Should you receive any communications outside from these channels listed, please do not provide any personal information and do reach out to us at or at 6248 2990 for us to assist you and confirm the legitimacy of the content.