Transaction Monitoring Specialist (Banking)

ACHIEVE CAREER CONSULTANT PTE LTD; Singapore; On-site; SGD 60,000 - 80,000; Full time

Job summary

A leading banking firm in Singapore seeks a Transaction Monitoring Specialist for its Compliance team. The role involves conducting investigations on flagged transactions, preparing documentation, and supporting Suspicious Transaction Report filings. Candidates should possess a Bachelor's degree in Finance or related fields and a minimum of 3 years' experience in transaction monitoring. Excellent analytical and communication skills are essential. This position offers a chance to enhance banking operations and compliance standards.

Qualifications

• At least 3 years of hands-on experience in transaction monitoring.
• Ability to review and interpret large data sets.
• Strong analytical and critical-thinking abilities.

Responsibilities

• Conduct reviews and analyses of customer transactions flagged by the monitoring system.
• Carry out investigations on transaction monitoring alerts.
• Prepare documentation for investigative processes.
• Stay informed on trends related to money laundering.
• Collaborate with internal teams to resolve cases.

Skills

Analytical thinking

Attention to detail

Communication skills

Education

Bachelor’s degree in Finance, Business, Banking, or related discipline

Job description

Our client is a regional MNC Bank with strong APAC market presence. They are actively looking for a competent Transaction Monitoring Specialist to join their Compliance team, this role will include investigations of transaction monitoring alerts and preparation of Suspicious Transaction Report filings.

Key Responsibilities

• Conduct systematic reviews and analyses of customer transactions and account activities flagged by the bank’s transaction monitoring system to identify possible money laundering, fraud, terrorist financing, or other suspicious behavior.
• Carry out detailed investigations on transaction monitoring alerts by assessing customer profiles, transaction patterns and relevant external information.
• Evaluate whether the flagged activities are legitimate and determine if alerts should be closed or escalated for further review.
• Prepare clear, well‑structured and well‑evidenced documentation supporting your investigative process and decisions.
• Stay informed on emerging trends, methods, and typologies related to money laundering and terrorist financing.
• Support the preparation of data and summaries for potential Suspicious Transaction Report (STR) submissions.
• Collaborate with internal teams to resolve cases and facilitate information sharing.
• Undertake any additional responsibilities assigned by the Head of Compliance.

Requirements

• Bachelor’s degree in Finance, Business, Banking, or a related discipline, or equivalent professional experience.
• At least 3 years of hands‑on experience in transaction monitoring.
• Strong analytical and critical‑thinking abilities with exceptional attention to detail.
• Capability to review and interpret large data sets to identify trends, irregularities, and inconsistencies.
• Excellent communications skills.

How to Apply

Interested candidate, please submit your updated resume in MS WORD Format to: [e-mail] or call your Consultant, Raymond Gan (Reg. No: R1988743), at 6590 9968 or WhatsApp [phone] for a confidential discussion.

Please indicate the below information in your resume:

• Current & Expected salary
• Reason(s) for leaving
• Availability to commence work