IT Business Analyst

NANO CLOUD PRIVATE LIMITED; Singapore; On-site; SGD 90,000 - 150,000; Full time

Job summary

NANO CLOUD PRIVATE LIMITED in Singapore is seeking an experienced Business Analyst with AML and regulatory compliance expertise to support regulatory initiatives, compliance transformation projects, and AML system enhancements.

You will work closely with compliance, risk, operations and technology teams to translate regulatory requirements into functional solutions, perform gap analyses, and assist in BRD/FRD development and UAT.

Qualifications

• Experience as a Business Analyst in Banking or Financial Services.
• Strong experience in AML, KYC, CDD, sanctions screening, and transaction monitoring.
• Experience with regulatory change initiatives and compliance transformation programs.
• Familiarity with AML platforms such as Actimize, Fircosoft, Mantas, Oracle FCCM.
• Familiarity with Agile and Waterfall project methodologies.
• Experience with requirements gathering, process mapping, and gap analysis.
• Proficiency with tools like JIRA, Confluence, and ALM.

Responsibilities

• Gather, analyze, and document business and regulatory requirements related to AML and compliance initiatives.
• Interpret regulatory requirements and translate them into business and system requirements.
• Perform gap analysis between current AML systems/processes and regulatory requirements.
• Prepare BRD, FRD, and process workflows.
• Support AML systems onboarding and enhancements (e.g., transaction monitoring, KYC, CDD, sanctions screening).
• Support UAT planning, execution, and defect management for regulatory and AML initiatives.
• Collaborate with IT during solution design, development, and testing phases.
• Ensure compliance with regulatory requirements from authorities and global standards.
• Assist in regulatory reporting, audit preparation, and compliance reviews.
• Work with stakeholders to improve AML processes, efficiency, and risk controls.
• Maintain documentation and traceability of requirements through the project lifecycle.

Skills

AML expertise

KYC & CDD

Sanctions screening

Transaction monitoring

Stakeholder management

Requirements gathering

Tools

JIRA

Confluence

ALM

Job description

Job Description:

We are seeking an experienced Business Analyst with Anti-Money Laundering (AML) and Regulatory Compliance expertise to support regulatory initiatives, compliance transformation projects, and AML system enhancements. The role involves working closely with compliance, risk, operations, and technology teams to translate regulatory requirements into functional solutions and ensure compliance with financial regulations.

Key Responsibilities

• Gather, analyze, and document business and regulatory requirements related to AML and compliance initiatives.
• Work with Compliance and Risk teams to interpret regulatory requirements and translate them into business and system requirements.
• Perform gap analysis between current AML systems/processes and regulatory requirements.
• Prepare Business Requirement Documents (BRD), Functional Requirement Documents (FRD), and process workflows.
• Support implementation and enhancement of AML systems such as:
  • Transaction Monitoring
  • Customer Due Diligence (CDD)
  • Know Your Customer (KYC)
  • Sanctions Screening
• Support UAT planning, execution, and defect management for regulatory and AML initiatives.
• Collaborate with IT teams during solution design, development, and testing phases.
• Ensure compliance with regulatory requirements from authorities and global regulatory standards.
• Assist in regulatory reporting, audit preparation, and compliance reviews.
• Work with stakeholders to improve AML processes, operational efficiency, and risk controls.
• Maintain documentation and ensure traceability of requirements through the project lifecycle.

Required Skills & Experience

• Experience as a Business Analyst in Banking or Financial Services.
• Strong experience in AML, KYC, CDD, sanctions screening, and transaction monitoring.
• Experience with regulatory change initiatives and compliance transformation programs.
• Knowledge of AML platforms such as:
  • Actimize
  • Fircosoft
  • Mantas
  • Oracle FCCM
• Familiarity with Agile and Waterfall project methodologies.
• Experience in requirement gathering, process mapping, and gap analysis.
• Experience with tools such as JIRA, Confluence, and ALM.
• Strong stakeholder management and communication skills.