Senior Analyst/AVP, Transaction Monitoring, Compliance Department, Asia Pacific Division

Job Responsibilities 

• Review and investigate transaction monitoring alerts, collaborating with relevant stakeholders to assess suspicious activities, obtain supporting information, and ensure timely escalation and resolution of cases. 

• Conduct detailed transaction analysis and prepare Suspicious Transaction Reports (STRs) arising from transaction monitoring alerts or escalations from Front Office and other business units, ensuring compliance with regulatory requirements and internal policies. 

• Monitor and review regulatory intelligence sources, including SONAR alerts and bulletins for dissemination to stakeholders to enhance awareness and strengthen controls 

• Handle requests from law enforcement authorities, such as Production Orders, ensuring proper tracking, documentation, and timely responses. 

• Perform annual analysis of Suspicious Transaction Reports to identify emerging trends, typologies, control weaknesses, and opportunities for enhancing the transaction monitoring framework. 

• Develop, maintain, and deliver training materials on transaction monitoring, suspicious transaction reporting, and trade-based money laundering (TBML) to strengthen staff awareness and detection capabilities. 

• Participate in transaction monitoring system implementations, upgrades, model tuning exercises, and enhancement initiatives, including user acceptance testing and post-implementation reviews. 

• Extract, analyze, and prepare transaction monitoring metrics and management information for periodic management reporting, governance committees, and regulatory submissions. 

• Conduct gap analyses against new regulations, regulatory guidance, industry standards, and emerging best practices relating to transaction monitoring, AML/CFT, and financial crime compliance, and recommend enhancements where required. 

• Maintain and periodically review transaction monitoring policies, procedures and guidelines to ensure they remain current, effective, and aligned with regulatory expectations and business requirements. 

Job Requirements 

• University degree or higher. Professional diplomas or certifications such as ACAMS or ICA are highly preferred. 

• Minimum 3 to 4 years of relevant experience in transaction monitoring, AML/CFT or financial crime compliance, sanctions, customer due diligence or related compliance functions within a financial institution.  Candidates with more experience may be considered for senior positions. 

• Good understanding of Singapore sanctions and AML/CFT requirements, and major international sanctions regimes, including Japanese, US, EU and UK sanctions requirements.  

• Practical experience in investigations of alert investigation, sanctions screening, transaction due diligence, trade finance or financial crime compliance.  

• Strong analytical, investigative, problem-solving, communication and stakeholder management skills.  

• Ability to manage multiple priorities, exercise sound judgment, escalate issues appropriately, and work effectively under time pressure. 

• Collaborative and team oriented, with a high level of integrity, attention to detail, ownership and accountability.