Head of Anti Financial Crime, Asia

85918 | Legal & Compliance | Professional | Non-Executive | Allianz Singapore | Full-Time | Permanent

Entity: Allianz SE Singapore Branch

 #L1-RS1

Job Purpose

This role is to steer, oversee and support the Regional Compliance Function in fulfilling its tasks relating to compliance governance, risk management, oversight, and monitoring in relation to Asia Pacific Region Operating Entities (AZAP OEs). It includes providing support and guidance on matters of Financial Crime and escalated topics with focus on developing compliance oversight and monitoring strategy for AZAP OEs and to act as a liaison and relationship manager for selected entities, Group Compliance and AZAP relevant functions. This is a hands-on role, where the individual will contribute to the development, implementation and oversight of the AML program.

What you do

• Lead the design, implementation, and continuous improvement of our AML/CFT compliance program for our AZAP OEs. Operating at the intersection of regulatory change and technological innovation, this role plays a critical leadership function in safeguarding the integrity of our operations, and ensuring compliance. Serve as the primary point of contact for AML/CFT, sanctions and financial crime matters (AFC)
• Ensure new products, services and business changes involving the AZAP OEs and affecting the Legal Entities are reviewed for AML/CFT and sanctions risks, with appropriate controls and approvals in place
• Monitor regulatory developments, AML/CFT trends, and industry best practices, ensuring proactive updates to policies, procedures and controls.
• Assist in putting together regular reports to senior management and regional compliance leadership on performance, issues and emerging risks within the Allianz compliance program
• Interface and closely cooperate with various stakeholders incl. key control functions;
  •    Ensure sharing of best practices and lessons learnt across the region;
  •    Provide business-oriented compliance advice to ensure adherence to applicable laws and regulations;
  •    Monitor legal and regulatory developments in the region to identify, evaluate and monitor compliance risks across all key pillars of the business

What you bring

• Under or Postgraduate in Law, Accounting or similar field
• 10+ years work experience in compliance, audit, risk or related role within an insurance or financial services company; specifically working in AFC. 
• Deep understanding of AML/CFT frameworks, regulatory governance, and operational compliance    
• Extensive experience in insurance / banking / regulatory work
• Demonstrated ability to operationalise AML/CFT programs through effective transaction monitoring, customer due diligence (CDD/EDD), and investigative processes
• Skilled in stakeholder management, influencing, and navigating complex regulatory landscapes
• CAMS, CCAS, ICA, or equivalent AML/compliance certificatio
• Fluent verbal and written English are required;
• Strong analytical problem solving and communication skills
• Proven team player and ability to establish and maintain working relationships with colleagues from different backgrounds, functions and cultures.
• Familiarity with compliance technology and analytics tools.
• Specifically working with Actimize 
• Experience in people leadership
• Experience leading across multiple jurisdictions
  • the ability to investigate and define problems and develop workable solutions;
  • understand key insurance / asset management specific key business actions as well as their interactions and interdependencies, as well as market developments.

What we offer

• We are certified as one of the The World’s Best Places to Work & Great Place to Work in Singapore.
• Be part of a team that’s open-minded, supportive, and genuinely focused on customer outcomes.
• A sense of belonging in the workplace, where you are welcomed and encouraged to bring your most authentic self to work.
• An employer that is committed to supporting hybrid work and readily provides flexible & remote work options.
• Access to LinkedIn Learning and Degreed and career opportunities across the world, to support your continuous learning and you taking control of your career development.
• Robust and comprehensive benefit offerings for your health and well being
• Initiatives to support your financial wellness through selected discounted Allianz insurance products, pension contributions and our referral bonus scheme.
• The opportunity to take part in our Employee Share Purchase Program - own a piece of your employer

Allianz Group is one of the most trusted insurance and asset management companies in the world. Caring for our employees, their ambitions, dreams and challenges, is what makes us a unique employer. Together we can build an environment where everyone feels empowered and has the confidence to explore, to grow and to shape a better future for our customers and the world around us.

At Allianz, we stand for unity: we believe that a united world is a more prosperous world, and we are dedicated to consistently advocating for equal opportunities for all. And the foundation for this is our inclusive workplace, where people and performance both matter, and nurtures a culture grounded in integrity, fairness, inclusion and trust.

We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, social class, disability or sexual orientation, or any other characteristics protected under applicable local laws and regulations.

Join us. Let's care for tomorrow.

Note: Having different strengths, experiences, perspectives and approaches is an integral part of Allianz‘ company culture. One means to achieve this is a regular rotation of Allianz Executive employees across functions, Allianz entities and geographies. Therefore, the company expects from its employees a general openness and a high motivation to regularly change positions and collect experiences across Allianz Group.