Business Analyst Role - AML & CDD

Our client is a Global Bank who is looking to recruit a candidate for their Retail Banking AML CDD Process and Governance team.

The role is an initial 6 months contract.

Job Description
The bank serves business clients across three client facing divisions: Corporate and Institutional Clients, Commercial and Private Banking Clients, and Retail Banking Clients. An increasingly important element of our banking capability for these clients is to meet our regulatory requirements around areas such as know your customer ("KYC"), anti-money laundering; ("AML") and customer due diligence ("CDD").

This is an AML CDD Business Analyst role within the Retail Banking AML CDD Process and Governance team, who will provide both system BAU and change support in the area of global Group AML CDD for individual and legal entity clients. The implementation requires the person to understand and transform the global policy into process and system requirements working with stakeholders across business divisions, compliances teams and operational areas. The AML CDD Business Analyst will be instrumental in ensuring the successful implementation of one or more of the
resultant delivery initiatives.

Key Roles & Responsibilities
General
- Supporting both the technical and business delivery of AML CDD applications
- Works closely with Individual Banking ('IB') and Business Banking stakeholders to identify required changes for AML CDD applications that contribute to building the Book of Works ("BoW").
- Works closely and fully supports the Head, BAU Change Execution and Support and Process Design Team in all aspects of the project to ensure commitments are made to time, cost and quality.
- Understands and abides by best practice principles to deliver projects successfully into production. Adheres to all Bank standards and disciplines.
- Supporting the assessment of change proposals by defining the business problem and primary objectives of solution enhancements.
- Development of business cases by identifying and validating key business requirements.
- Produces project Risk Assessment Impact Analysis documentation and works to obtain relevant Process Owner approvals in accordance with the Banks milestone exit criteria.
- Responsible for creating accurate and clear functional and non-functional requirements on a timely basis.
- Responsible for Business Impact Analysis for each change and preparing relevant and appropriate stakeholder communications in good time.
- Identify dependencies and adjacencies with other key initiatives and work-streams.
- Coordinates review and obtains relevant Process Owner sign-off for Functional Specification and Solution Approach.
- Maintains the Requirements Traceability Matrix and ensures full end to end accountability for all requirements.
- Produces Change Request documents and ensures proper registration in the project Change Register when required.
- Timely recording of all identified risk items and managing to closure items assigned to the Business Analyst.
- Coordinates UAT efforts with Technology Test Team and Process Design Team, i.e.
responsible for overall User Acceptance Test and User Verification Test.
- Sees through project handover to ensure adherence to the agreed change management process and escalation process.
- Responsible for maintaining all existing system functionality process notes and process work diagrams. Responsible for the retirement of old processes and introduction of new documentation to support new functionality.
- Contributes to the company knowledge base and process improvements by preparing
detailed and comprehensive project artefacts in accordance to the Bank's project
management standards.
- Quality and timely delivery of agreed deliverables.

- Accurate time accounting and reporting of own work performed.
- Support in day to day BAU system related open items and/or queries for Country, Business and Audit.

Communication
- Communicates needed changes to ITO Development Team and Process Design Team.
- Promptly escalate issues, which affect delivery and quality that are beyond scope of
influence.

Qualification and Skills
- Banking experience of at least 7 years
- An experienced Business Analyst who has successfully delivered multiple projects involving a number of internal teams across multiple locations
- Preferably strong knowledge and or experience (project or otherwise) in the legal and compliance area ideally involving AML, KYC or CDD
- Good understanding of technology and systems from a user's perspective
- Demonstrated ability to engage stakeholders including group heads within business, risk, legal and operations
- Ability to operate at different levels of detail
- Excellent communication skills (verbal and written)

- Strong analytical problem solving skills
- Degree in business or equivalent discipline

If you are interested in this position, please apply today or email Constance Cho ccho@morganmckinley.com.sg

Morgan McKinley Pte Ltd

Constance Cho

EA License - 11C5502

Reg No - R1876688