As part of the AML Operations team within Compliance, you will be assisting the compliance officers in the AML reviews, detecting suspicious transactions, preparation of reports to CAD, and given the opportunity to enhance the AML workflow and procedures to make them more efficient and/or effective.
The intern will gain valuable exposure and given the opportunity to learn and understand the Anti-Money Laundering and Countering of Financing of Terrorism (AML/CFT) regulations and how these are applied to the sales and operations of an Insurer. They will also be exposed to various compliance projects to enhance the control measures of the business to comply with regulatory obligations. This will allow them to acquire knowledge and skills required of an AML/CFT compliance officer.
Key Responsibilities:
- Assist in AML reviews and reporting of suspicious transactions.
- Assist in enhancement of AML workflow and procedures including updating of procedure manual and work instructions
- Participate in projects related to AML
- Participate in the follow up on audit findings
- Undertake any tasks as assigned from time to time.
Qualifications:
- Undergraduate degree in any discipline
- Possess excellent communication skills with a strong EQ
- Has a strong analytical mind with good problem-solving skills
- Has a self-motivated personality and is able to work well in a team
- Adaptable to changes
Related Job Searches:
- Company:
NTUC Income Insurance Co-operative Ltd - Designation:
Summer Internship 2021 - AML Compliance - Profession:
Banking / Finance - Industry:
Insurance