Insurance AML & Due Diligence Manager

Our Client: Our client is a leading organisation within the Life Insurance industry and is seeking an AML & Due Diligence Manager to oversee and support the onboarding and ongoing due diligence of business partners and relevant counterparties.

The role will be responsible for ensuring that AML/KYC and due diligence requirements are properly assessed and completed throughout the relationship lifecycle , from initial onboarding through periodic reviews and ongoing monitoring.

The successful candidate will work closely with internal stakeholders and regional compliance teams to ensure that activities are conducted in accordance with Group policies, AML/CFT requirements and Monetary Authority of Singapore (MAS) regulatory expectations .

Key Responsibilities

Lead and oversee the onboarding and due diligence process for new business partners, including insurance companies, banks, referral partners and other relevant counterparties.

Conduct KYC and AML assessments , reviewing corporate structures, ownership information, beneficial owners, business activities and supporting documentation. Perform Customer/Business Partner Due Diligence (CDD) and Enhanced Due Diligence (EDD) for higher-risk relationships where required.

Conduct sanctions, PEP and adverse media screening , including World-Check or other recognised screening platforms. Assess identified risks and potential red flags, ensuring appropriate escalation and remediation in line with internal AML policies and risk appetite.

Manage periodic and trigger-based reviews of existing business partners, ensuring KYC information remains accurate, current and appropriately documented. Monitor changes to business partner ownership, management, activities, regulatory status and other risk factors that may require further review.

Maintain comprehensive and audit-ready AML/KYC and due diligence records , ensuring documentation meets internal governance and regulatory standards. Work closely with Compliance, Legal, Risk, Business