Description

Head of Financial Crime Compliance (Insurance)

Our client is a leading life insurance company that offers a wide range of insurance and financial products and services tailored to meet the diverse needs of individuals, families, and businesses. We are assisting them in their search for an experienced candidate to head the FCC team.

Position Responsibilities

• Develop and implement a robust financial crime compliance strategy aligned with regulatory expectations and business objectives.
• Advise senior management and the board on financial crime risks, emerging threats, and mitigation strategies.
• Lead the design, execution, and continuous improvement of AML/CTF, sanctions, ABC, and fraud prevention programs.
• Ensure effective governance, controls, and reporting mechanisms are in place.
• Act as the primary liaison with regulators, law enforcement, and industry bodies on financial crime matters.
• Oversee regulatory filings, inspections, and responses related to financial crime compliance.
• Conduct risk assessments, transaction monitoring, and investigations into suspicious activities.
• Ensure timely and accurate reporting of suspicious transactions (STRs) and other regulatory disclosures.
• Promote a strong compliance culture through targeted training and awareness programs.
• Ensure employees understand their responsibilities in preventing financial crime.
• Work closely with Legal, Risk, Audit, and Operations to ensure a coordinated approach to financial crime risk.

Position Requirements

• Bachelor's degree in Law, Finance, Business, or related field; advanced degree or professional certification (e.g., CAMS, ICA, CPA) preferred.
• Minimum 10 years of experience in financial crime compliance within life insurance.
• Deep understanding of Hong Kong regulatory requirements and international standards (e.g., FATF).
• Proven leadership and stakeholder engagement skills.
• Strong analytical, investigative, and communication abilities.
• Fluent in English and Cantonese; Mandarin is a plus.

Interested individuals can apply now. Only relevant candidates will be contacted

For a more comprehensive list of our vacancies, please visit: www.connectedgroup.com