A leading organisation in the Insurance space is seeking a proactive Anti-Money Laundering Officer to join its growing Compliance team in BGC, Taguig.This hybrid role offers the opportunity to drive financial crime prevention efforts, strengthen AML/CTF controls, and help safeguard the organisation's integrity. A great fit for compliance professionals looking to make a meaningful impact within a highly reputable insurer.
What You'll Do
As an Anti-Money Laundering Officer, you will be instrumental in maintaining the highest standards of regulatory compliance within the organisation's operations. Your day-to-day activities will involve monitoring customer transactions for signs of suspicious behaviour using advanced analytical tools and established protocols. You will conduct investigations into flagged activities with precision and prepare detailed reports for submission to regulatory bodies. In addition to transaction monitoring, you will perform rigorous customer due diligence during onboarding processes as well as regular reviews throughout the customer lifecycle. Enhanced due diligence will be required for higher-risk clients or complex scenarios. You will also play a key role in ensuring that all business units adhere strictly to anti-money laundering requirements by providing guidance and support across departments. Your expertise will contribute significantly to developing training materials aimed at raising awareness among employees about evolving compliance obligations. By participating in process improvement initiatives and internal projects related to financial crime prevention, you will help strengthen the organisation's overall control environment while building valuable relationships with colleagues across multiple functions.
- Review and analyse customer transactions meticulously to identify unusual or suspicious activities that may indicate potential money laundering or terrorist financing risks.
- Conduct thorough investigations based on system-generated alerts, internal referrals, or escalations from other business units to ensure timely detection of financial crime.
- Prepare comprehensive Suspicious Transaction Reports (STRs) and submit them promptly to the relevant authorities as required by local regulations.
- Perform risk-based assessments during both onboarding and periodic reviews of customers, applying appropriate levels of scrutiny according to risk profiles.
- Examine Know Your Customer (KYC) information, documentation, and customer profiles for completeness and compliance with internal policies and external regulations.
- Carry out enhanced due diligence procedures for high-risk customers, politically exposed persons (PEPs), and complex cases requiring additional investigation.
- Ensure full compliance with all applicable anti-money laundering laws, regulatory guidelines, Insurance Commission circulars, and internal company policies at all times.
- Assist in preparing detailed regulatory reports, audit responses, and supporting documentation for compliance reviews or inspections by authorities.
- Stay updated on new developments in AML laws, regulations, industry best practices, and emerging trends affecting the insurance sector.
- Collaborate closely with Sales, Operations, Legal, Audit, Risk teams, and other stakeholders to resolve AML-related issues efficiently and provide expert guidance.
What You Bring
To excel as an Anti-Money Laundering Officer in this role, your background should reflect substantial experience within compliance functionsideally gained from reputable institutions operating under stringent regulatory frameworks. Your academic credentials should demonstrate a solid grounding in disciplines such as law or finance that underpin effective risk management practices. You bring practical expertise in interpreting complex regulations while applying them judiciously during transaction monitoring or investigative assignments. Your ability to communicate findings clearlyboth verbally and through comprehensive written reportswill be essential when liaising with colleagues across departments or responding to requests from regulators. A keen eye for detail ensures that no anomaly goes unnoticed during your reviews of KYC documentation or customer profiles. Professional certifications further underscore your commitment to ongoing development within the field; however, what truly sets you apart is your collaborative approach when working alongside others towards shared compliance objectives. Your willingness to participate actively in training initiatives or process enhancements reflects your dedication not only to personal growth but also to strengthening collective capabilities within the team.
- Bachelor's degree in Law, Business Administration, Finance, Economics or any related field demonstrating foundational knowledge relevant to compliance roles.
- At least two to five years of hands-on experience working in anti-money laundering (AML), know your customer (KYC), compliance or financial crime prevention within banking, insurance or broader financial services sectors.
- Comprehensive understanding of local AMLA legislation, counter-terrorist financing (CTF) regulations, AMLC rules as well as Insurance Commission guidelines governing the industry.
- Proven experience preparing Suspicious Transaction Reports (STRs), conducting transaction monitoring activities and executing both customer due diligence (CDD) and enhanced due diligence (EDD) processes effectively.
- Exceptional analytical skills paired with meticulous attention to detail when reviewing large volumes of data or investigating complex cases involving potential financial crime.
- Excellent written and verbal communication abilities enabling clear report writing as well as effective interaction with internal teams or external regulators.
- Professional certifications such as CAMS (Certified Anti-Money Laundering Specialist), CFE (Certified Fraud Examiner), or equivalent AML qualifications are considered advantageous but not mandatory.
What Sets This Company Apart
This organisation stands out as one of the most respected names in life insurance across Asia and Africaa testament to its enduring commitment to protecting individuals financial futures through innovative products tailored for diverse needs. Employees benefit from being part of a global network that prioritises ethical conduct while embracing modern approaches such as hybrid work arrangements designed for greater flexibility. The company fosters an inclusive culture where every team member's contribution is valued; knowledge sharing is encouraged through regular training sessions; and professional development is supported at every stage of your career journey. With its central location in Bonifacio Global Cityan area renowned for its vibrant business communityyou'll enjoy access not only to state-of-the-art facilities but also opportunities for networking with peers who share your passion for excellence in compliance. Above all else, you'll find yourself surrounded by colleagues who are committed not just to meeting regulatory requirements but also to making a positive difference within society by upholding the highest standards of integrity.
What's Next
If you are ready to take on a rewarding challenge where your expertise can make a real impact on financial crime prevention within a supportive team environmentthis is your moment!
Apply today by clicking on the link provided and take the next step towards advancing your career in compliance.
Due to the high volume of applications we are experiencing, our team will only be in touch with you if your application is shortlisted.
