Functional Business Analyst (AML/KYC)

JonDavidson; Singapore; On-site; SGD 90,000 - 120,000; Full time

Job summary

A leading consulting firm in Singapore is seeking a highly skilled business analyst with over 10 years of experience in banking. This role involves requirements analysis, solution design, and collaboration with cross-functional teams. The ideal candidate has strong analytical and problem-solving skills, knowledge of AML/KYC, and a bachelor’s degree in a relevant field. Join us to make an impact in a dynamic environment.

Qualifications

• 10+ years of relevant banking and/or consulting experience.
• Knowledge of AML/KYC regulations and Transaction Monitoring.
• Familiarity with CRS/FATCA regulations.

Responsibilities

• Collaborate with BU Specialists for business requirements analysis.
• Define functional solutions and design end-to-end process flows.
• Manage project risks and analyze test findings.

Skills

Strong business domain knowledge in banking

Quantitative skills

Analytical problem-solving

Process design skills

Understanding of technology and operational processes

Change management

Project management fundamentals

Excellent communication skills

Negotiation skills

Experience in scoping and evaluation

Education

Bachelor's degree in engineering, business, finance, or equivalent

Job description

Role Responsibilities:

• Requirements Analysis & Elicitation
• Collaborate with BU Specialists to elicit, review, and update business requirements
• Analyze "to be" business and operations processes based on the agreed requirements and/or function points, determine the areas of impact and overall high-level solution. Responsible for analyzing and defining non-functional requirements based on business requirements
• Monitor and manage risks/issues related to requirements and scope creep
• Write business functional release notes and contribute to deployment plan
• Solution Design
• Define functional solutions to meet requirements
• Identify impact on each system and process
• Define the target state functional architecture
• Design end-to-end process flows for the target state
• Team Collaboration
• Transition functional and non-functional requirements to System Analysts, ensuring clear understanding
• Collaborate with Tech architects to understand technical requirements and scope
• Work with Test Manager to translate business requirements into test scenarios
• Facilitate or provide "Train the Trainer" sessions on application enhancements
• Testing & Scope Management
• Clarify test findings escalated by Test Manager and classify as defects or change requests
• Perform initial impact assessment and high-level estimation for project change requests

Skills and Expertise:

• Strong business domain knowledge in banking
• Bachelor's degree in engineering, business, finance, or equivalent
• Strong quantitative, analytical, problem-solving, and process design skills that translate analysis into solutions meeting business objectives
• Understanding of technology and operational processes across bank functions/departments
• Resourceful team player
• Familiar with change management and project management fundamentals
• Strategic, forward-thinking, with excellent communication, influencing, negotiating, and persuasion skills
• Passionate, diligent, resilient, and able to thrive in ambiguity
• Experience in scoping and evaluation, considering scalability, maintainability, cost, operations, and technology risks
• 10+ years of relevant banking and/or consulting experience
• Knowledge of AML/KYC (Name Screening, Risk Ranking, Customer Due Diligence, Ongoing Review), Transaction Monitoring, Sanctions Screening
• Familiarity with CRS/FATCA regulations

To apply, please send your updated CV (in MS Word format) to Priya at [e-mail]. Only selected candidates will be notified. We will keep your CV for future roles if not selected now.