Director, Financial Crime Compliance

Job Description

About FWD Group FWD Group (1828.HK) is a pan-Asian life and health insurance business that serves more than 38 million customers across 10 markets, including BRI Life in Indonesia. FWD’s customer-led and tech-enabled approach aims to deliver innovative propositions, easy-to-understand products and a simpler insurance experience. Established in 2013, the company operates in some of the fastest-growing insurance markets in the world with a vision of changing the way people feel about insurance. FWD Group is listed on the main board of the Hong Kong Stock Exchange under the stock code 1828. For more information, please visit www.fwd.com For more information about FWD Hong Kong, please visit www.fwd.com.hk/. The Job Report to Head of Financial Crime Risk and assume the following duties and responsibilities: Assume the role of Money Laundering Reporting Officer delegate (“MLRO delegate”) to serve as the supporting role of key reference point for suspicious transaction reporting in the company. Support for the Anti‑Money Laundering (“AML”) and Counter‑Terrorist Financing (“CTF”) function under delegated authority. Manage and provide oversight to the FCC function, ensuring effective day‑to‑day FCC operations, quality advisory support, and timely issue escalation. Provide FCC advisory to business units and functional stakeholders on AML/CFT, sanctions, fraud, ABC, FATCA/CRS and related financial crime matters. Support and deliver compliance transformation initiatives, system enhancements and process improvement projects in line with Group and local requirements. Participate in the annual compliance cycle, including risk assessments, compliance monitoring, testing activities and remediation tracking. Assist in the preparation, review and maintenance of training, STR handling and alert managements to ensure alignment with latest regulatory and business developments. Support regulatory inspections, internal audits and compliance assurance reviews, including preparation of materials and coordination of responses. Coach and guide team members and contribute to capability development within the FCC team. The Person Bachelor’s degree in law, business or finance Previous experience in a senior role in insurance companies or banks is highly preferrable Minimum of 10 years relevant experience in insurance, financial services industry or regulatory bodies in legal, compliance, management, or internal control functions is highly preferrable Hands-on experience in AML systems, control designs, regulatory submission is an advantage Hands-on experience in EDD, FATCA/CRS, Sanctions advisory work and knowledge in Bermuda and other countries’ regulations are an advantage Professional qualifications in financial crime risk is an asset Sound understanding of insurance regulatory and financial crime frameworks Practical knowledge of applicable AML/CFT, sanctions, ABC and related regulatory requirements Experience in compliance risk assessments, monitoring programmes, issue remediation and policy development Ability to interpret regulatory requirements and translate them into practical business guidance We offer 5-day work, 20-22 days annual leaves, excellent learning & development opportunities and an attractive package to the right candidate. Information collected will be treated in strict confidence and used solely for recruitment purpose. The company will retain all applications no longer than 24 months of which will be destroyed thereafter. When there are vacancies in any of our subsidiaries, holding companies, associated or affiliated companies of, or companies controlled by, or under common control with the Company during that period, we may transfer your application to them for consideration of employment. We are an equal opportunity employer. We do not discriminate on the basis of race, gender, disability or family status in employment process. FWD Group (1828.HK) is a pan-Asian life and health insurance business that serves more than 38 million customers across 10 markets, including BRI Life in Indonesia. FWD’s customer-led and tech-enabled approach aims to deliver innovative propositions, easy-to-understand products and a simpler insurance experience. Established in 2013, the company operates in some of the fastest-growing insurance markets in the world with a vision of changing the way people feel about insurance. FWD Group is listed on the main board of the Hong Kong Stock Exchange under the stock code 1828. For more information, please visit www.fwd.com Follow us on LinkedIn Show More