VP, AML Systems Transaction Monitoring, Group Compliance

The Compliance function is a strategic partner and a trusted business enabler to the Board and senior management. It is our responsibility to ensure that the Group continuously fulfils its regulatory obligations in today's tight and dynamic regulatory landscape. To do that, we work closely with internal stakeholders to identify and to assess regulatory risks. This collaboration also includes developing practical solutions that integrate regulations into operational requirements as well as actively shaping and promoting stronger compliance culture and literacy in the Bank.

Program Management - Business Systems Analyst is responsible for managing significant projects (e.g., strategic change management, new business and product initiatives, process re-engineering, etc.), and includes business systems analysis or technical writing. Activities require a broad knowledge of the organization and its key functions. The Business Systems Analyst focus specializes in acting as the primary interface between Technology and specific business areas, identifying business unit requirements, creating project and process specifications, coordinating with project teams, and ensuring adherence to schedules and budgets.

Job Responsibilities

AML/CFT Transaction Monitoring System to support transaction monitoring for Singapore and overseas locations

• Report to Transaction Monitoring Systems Head, Group Compliance.

• Strategize the implementation of Anti-Money Laundering/Counter - Financing of Terrorism (AML/CFT) and Financial Crime solutions across the Group together with Group IT, AML/CFT Advisory, business stakeholders and external vendors to optimize risk management effectiveness and to address Bank's regulatory and operational requirements

• As Subject Matter Expert in AML/CFT Transaction Monitoring solutions and other systems solutions in managing regulatory requests or queries and audit related matters on systems

• Strong experience in AML transaction monitoring threshold tuning, scenario calibration, statistical analysis, and alert optimization, with the ability to translate analytical findings into risk-based recommendations and business outcomes

• Proven ability to gather, analyze, and document business and functional requirements, translating complex business needs into clear and actionable specifications.

• Experienced in preparing comprehensive UAT test strategies, test cases, and test scripts, as well as coordinating and executing end-to-end User Acceptance Testing (UAT).

• Ability to lead and guide testing teams, ensuring quality deliverables, timely execution, and adherence to project objectives.

• Effective stakeholder management skills with the ability to collaborate and communicate confidently across Business, Compliance, Operations, Technology, and vendor teams.

• Strong coordination and facilitation skills, acting as the bridge between functional and technical teams to drive issue resolution and project delivery.

• Quick in understanding business processes, system functionalities, and operational requirements, with the ability to identify gaps and recommend practical solutions.

• Demonstrated project management capability to independently drive projects end-to-end, including requirements gathering, solution design, testing, implementation, stakeholder management, governance, and production rollout.

• Strong team player with excellent interpersonal skills, able to foster collaboration across cross-functional teams and deliver results in a dynamic environment.

• Experience in managing project timelines, risks, dependencies, budgets, and deliverables while ensuring adherence to governance and quality standards.

• Prioritize Change Requests enhancements and drive Change Management process in enhancing transaction monitoring system capabilities and meeting regulatory and risk management objectives, and operational effectiveness

• Provide training for overseas Compliance counterparts on transaction monitoring solutions

• Work with the team to deploy AI/ML and Analytics to improve process effectiveness, and Robotic Process Automation (RPA) for automate to improve operational efficiency

• Collaborate with technology team to lead the transformation of TM system/ platform to be future ready via adoption of AI/ML capabilities

Job Requirements

• Degree or higher professional qualification in banking/financial or Computer Science or Business Information Systems or equivalent

• Possess minimum 5 - 7 years of relevant work experience in team lead role and project management role

• Good knowledge/understanding of AML/CFT regulations, best practices and financial products and AML systems and Financial Crime

• Keep abreast of new emerging industry trends and technologies in the field of AML/CFT, Financial Crime, AI, Analytics and Automation.

• Possess proven track records in project management, ability to multi-task and execute deliverables within tight timelines

• Ability to work effectively under pressure in a rapid changing environment, as well as autonomously and as an effective member of a dynamic team

• Ability to perform AML transaction monitoring threshold calibration using statistical analysis and data-driven insights to optimize alert generation, improve detection effectiveness and reduce false positives

• Possess knowledge and experience in deploying data analytics, data visualization and robotic process automation

• Possess strong communication, presentation, and interpersonal skills

• Possess good analytical skills and the ability to think out-of-the-box to problem solving

• Self-driven, meticulous, and able to operate expeditiously

• Proficient in Microsoft office suite of applications (Excel, PowerPoint, Power BI), Python, SQL, Qlik dashboard deployment, knowledge on data science, with practical experience in machine learning system is required