Senior Business Analyst, AML & Watchlist Management (1-Year Renewable Contract)

Your tasks

The successful candidate will work closely with business stakeholders, compliance teams, operations, and technology teams to gather and analyse business requirements, improve compliance processes, and support the delivery and integration of technology solutions. This role requires a solid understanding of financial crime compliance processes and the ability to translate business needs into clear functional and technical requirements.

• Business Requirements Gathering: Engage with business stakeholders and subject matter experts to elicit, analyse, validate, and document business requirements.
• AML & Watchlist Management: Support business analysis initiatives relating to AML, name screening, CDD, transaction monitoring, and watchlist management processes.
• Watchlist Screening & Maintenance: Analyse requirements for screening against sanctions lists, regulatory watchlists, politically exposed persons (PEP) lists, and other relevant internal or external watchlists.
• Process Analysis & Improvement: Document current and future-state business and operational processes, conduct impact assessments, and identify opportunities to streamline workflows and improve operational efficiency.
• Functional Requirements: Define detailed functional and non-functional requirements based on business needs, system enhancements, and migration requirements.
• Stakeholder Collaboration: Work with compliance, operations, system analysts, solution architects, and other technology teams to ensure requirements are clearly understood and implemented.
• Risk & Scope Management: Identify and manage requirements-related risks, issues, dependencies, and scope changes throughout the analysis phase.
• Documentation: Prepare business requirements documents (BRDs), functional specifications, requirements traceability matrices, release notes, and supporting documentation in accordance with established standards.
• Solution & Integration Support: Understand existing banking technology environments and ensure proposed solutions can integrate seamlessly with existing systems.
• Change Management: Manage changes to business requirements and review functional specifications prepared by system analysts.
• Testing & Deployment: Review test cases, support System Integration Testing (SIT) and User Acceptance Testing (UAT), and contribute to deployment planning.
• Operational Readiness: Collaborate with operational teams to establish or update procedures required for new systems, enhancements, and process changes.
• Management Reporting: Define project scope, assumptions, and key considerations to support IT management reviews and approval processes.

Requirements

We are seeking an experienced Senior Business Analyst with a strong background in Anti-Money Laundering (AML), Customer Due Diligence (CDD), transaction monitoring, and watchlist management within the banking or financial services industry.

• Bachelor's degree in Computer Science, Information Technology, or a related discipline.
• At least 10 years of relevant experience, preferably in banking, financial services, or IT business analysis.
• Strong experience as a Business Analyst in the AML domain, particularly in one or more of the following: Anti-Money Laundering (AML), Customer Due Diligence (CDD), Name Screening, Transaction Monitoring, Watchlist Management and Screening.
• Good understanding of banking compliance processes and financial crime risk management.
• Experience gathering, analysing, documenting, and managing complex business requirements.
• Ability to translate business needs into detailed functional and non-functional specifications.
• Strong stakeholder management and communication skills, with the ability to work across business, compliance, operations, and technology teams.
• Experience managing requirements traceability, impact assessments, change requests, and scope control.
• Familiarity with SIT, UAT, test case reviews, and deployment activities.
• Strong analytical, problem-solving, and process improvement capabilities.

How to apply

_Dear Applicant,_ If you or someone you know is interested, please send the CV directly to Ryan.Nguyen@evolutionjobs.sg (most preferred, as I may overlook some CVs due to the high volume).

Other

Please note that visa sponsorship is not available at this time.