Lead Functional Business Analyst

TENTEN PARTNERS PTE. LTD; Singapore; On-site; SGD 160,000 - 200,000; Full time

Job summary

A leading bank based in Singapore is seeking an experienced Lead Functional Business Analyst to lead compliance and KYC transformation initiatives. In this role, you will collaborate with various teams to drive the integration of AI and advanced data analytics, enhance compliance, and reduce financial crime risks. Ideal candidates will have over 15 years of banking experience and an understanding of compliance regulations. Competitive salary of SG$160,000 - 200,000 base plus medical benefits is offered.

Qualifications

• Over 15 years of relevant banking experience.
• Deep understanding of Compliance and Anti Money Laundering (AML).
• Strong analytical, problem-solving, and process design skills.

Responsibilities

• Lead stakeholder relationship management efforts.
• Collaborate with teams to deliver data-driven solutions.
• Monitor risks related to requirements and scope.

Skills

Stakeholder Management

Analytical Skills

Communication Skills

Project Management

Compliance Knowledge

Education

Degree in Engineering/Technology/Business/Finance

Tools

Actimize

Detica

Quantexa

Job description

Our client, a leading bank in Singapore, is seeking an experienced Lead Functional Business Analyst to spearhead next-generation Compliance and KYC transformation initiatives. This pivotal role will drive the integration of Artificial Intelligence (AI), Machine Learning (ML), and advanced data analytics into critical compliance and onboarding processes.

You will work with Compliance, Operations, Data Science, and Technology teams to deliver intelligent, data-driven solutions that enhance compliance, streamline onboarding, strengthen monitoring, and reduce financial crime risks.

What You’ll Do

• Stakeholder Relationship Management
• Build strategic relationships and alliances with stakeholders to achieve common goals.
• Drive the organization’s technology alignment with business needs.
• Inspire stakeholders to pursue the organization’s technology vision.
• Manage critical internal and external stakeholders’ changes in needs and priorities.

Capabilities & Requirements Analysis & Definition

• Based on input from the business target operation model, work with project managers, functional business analysts, technology teams, and domain architects to map out the delivery roadmap, capabilities, and architecture view.
• Collaborate with business stakeholders from across Group (Singapore and Regional) to elicit and review business requirements, focusing on delivering enterprise-wide capabilities for KYC customer lifecycle management, KYC workflow, and AML workflow delivery.
• Lead the analysis and documentation of the "to be" business and operations processes based on the agreed requirements and/or function points. Perform impact assessments.
• Support the analysis and definition of detailed functional and non-functional requirements based on business requirements, including the transition of these requirements to technology teams for solution design and delivery.
• Support funding requests for projects within the programme of work, ensuring that requests align with strategy, roadmap and target capability/architecture views.
• Monitor and manage risks/issues related to requirements and scope.
• Collaborate with business stakeholders and technology teams to develop and deliver deployment plans.
• Collaborate with Group Information Security, where needed, to ensure non-functional requirements effectively incorporate security requirements.

Testing & Scope Management

• Work with the Testing Domain Lead and Test Managers to translate business requirements into a test strategy and testing approach, including the use of automated testing tools and methodology.
• Support the project teams with the clarification of escalated test findings, especially where findings result in business requirement or design changes.
• Review and assess change requests to determine cost and timeline impacts.
• Ensure all changes are approved in-line with programme governance.
• Partner with stakeholders in ensuring System Development Methodology framework, governance and process is followed to deliver technology-led change projects.

Post Go-Live

• Ensure that up-to-date knowledge and subject matter expertise is retained within the team via “train the trainer” sessions and documentation.

Lead and Develop Talent

• Lead and coach a team of functional business analysts.
• Develop plans to build the functional business analysis capabilities of the team.
• Develop programmes aimed at upskilling the organization’s workforce in technology.
• Review outcomes from talent development initiatives.

What We're Looking For

• Over 15 years of the relevant banking experience. Equivalent experience and skills also considered.
• Deep understanding of Compliance and/or Anti Money Laundering (AML), Know Your Client (KYC) principles and AML/CFT, Sanctions, Anti-Bribery & Corruption and Fraud experience in banking, insurance and/or asset management.
• Knowledge of the global regulatory environment and a strong understanding of expectations of regulators, especially developments in KYC is helpful.
• Familiar with change management process and project management fundamentals.
• Experience in scoping and evaluation — defining overall considerations, including scalability, maintainability, cost, operations and technology principal risk to provide a recommendation.
• Compliance Technology platform experience with Actimize, Detica and Quantexa is highly preferred.
• Strong quantitative, analytical, problem solving and process design skills that can translate analysis into actions that meet business objectives.
• Understanding of technology and operational processes across functions / departments in the bank/market.
• Excellent stakeholder management and communication skills.
• Manage organisational ambiguity and differing stakeholder views.
• Strong understanding of business strategies and ability to translate them into concrete achievable action plans.
• Ability to collaborate, drive motivation across diverse team members and manage difficult conversations.
• Creates an environment of learning and development through each other’s success and failures. Understands and channels team members to their personal and professional growth via challenging and stretch assignments.
• Strategic forward-thinking approach to challenges with outstanding influencing, negotiating and persuasion skills.
• Degree in Engineering/Technology/Business/Finance or equivalent.

What You'll Get

• Salary SG$160 - 200k base + medical benefits

📧Interested? Please send your cv to [e-mail].

Equal Opportunity Statement

TENTEN Partners is an equal opportunity firm and is committed to providing equal employment opportunities to all qualified individuals without regard to race, colour, religion, sex, sexual orientation, gender identity, national origin, age, disability, or any other protected characteristic as outlined by applicable laws.