Business Analyst, AML Transaction Monitoring System Implementation (Banking Industry)

About Us:

ABeam Consulting is a global professional services company that specializes in delivering business transformation and technology solutions to clients across a wide range of industries. With a global presence and over 9000 employees worldwide we aim to be the transformation partner of choice for all of our clients.

Responsibilities:

• Lead business analysis activities to understand and document the current (As-Is) transaction monitoring processes and operating models across multiple offices.
• Engage with stakeholders from various offices to gather requirements, understand compliance-related processes, and identify business needs for the future-state (To-Be) transaction monitoring framework.
• Facilitate discussions and workshops with office representatives to analyze existing transaction monitoring schemes and capture functional and operational requirements.
• Consolidate, analyze, and document business requirements into comprehensive Business Requirements Documents (BRDs) for the target transaction monitoring solution.
• Drive alignment between office-specific requirements and the common regional or global transaction monitoring framework while identifying any localization requirements.
• Communicate project progress, key findings, requirements, risks, and issues to client management, project managers, and other stakeholders.
• Support the design and implementation of transaction monitoring processes, ensuring business requirements are accurately translated into system and operational solutions.
• Plan, coordinate, and support User Acceptance Testing (UAT), including test preparation, execution, defect tracking, and business sign-off.
• Support user migration activities, including transition planning, data validation, and user readiness assessments.
• Develop and deliver training materials and conduct end-user training sessions to ensure successful adoption of the new transaction monitoring system.
• Collaborate closely with compliance, operations, technology, and project teams to ensure smooth project delivery and successful implementation outcomes.
• Identify, track, and escalate project risks, issues, dependencies, and gaps that may impact project timelines or deliverables.

Requirements:

• Bachelor's degree in any related fields.
• Minimum 3 years of experience in banking compliance, financial crime compliance, AML, KYC, or transaction monitoring-related functions, with exposure to transaction monitoring systems and related regulatory processes.
• Experience in transaction monitoring system analysis, enhancement, implementation, or transformation projects, preferably involving Quantexa.
• Strong communication and stakeholder management skills, with the ability to engage effectively with business users, compliance teams, project managers, and senior management across multiple locations.
• Proven ability to work collaboratively in a team-oriented and multicultural environment.
• Business-level proficiency in English, with strong verbal and written communication skills (reading, writing, listening, and speaking).
• Strong documentation, reporting, and presentation skills, particularly using Microsoft PowerPoint and Excel.
• Hands-on experience with transaction monitoring operations, processes, or systems, especially Quantexa, is preferred.
• Experience supporting system rollouts, implementations, or transformation initiatives across multiple APAC countries or offices is preferred.
• Experience managing or supporting projects involving parallel workstreams across different countries, offices, or stakeholder groups is preferred.
• Business-level Japanese language proficiency (reading, writing, listening, and speaking) would be an advantage.
• Experience coordinating with Japanese companies or Japanese stakeholders is a plus.
• Experience conducting user training, facilitating workshops, or delivering knowledge transfer sessions to business users is an advantage.
• Strong analytical and problem-solving skills, with the ability to gather, consolidate, and translate business requirements into practical solutions.

Why Join Us

At ABeam Consulting, we place a strong emphasis on collaboration, and helping our employees grow and develop their skills, offering a supportive and empowering work environment. With a presence in multiple countries and a diverse range of clients, ABeam Consulting offers an exciting and dynamic workplace for individuals looking to build a career in consulting. ABeam Consulting has also recently joined SAP's regional strategic partner initiative as their first regional partner in the region and has also been recognized by UiPath as a Diamond Partner in providing RPA solutions. With such accolades, we aim to continue driving enterprise and digital transformation initiatives in order to transform the way people work and communicate in the digital age. In addition, our industry team is working tirelessly in order to bring more solutions to the banking and finance sector.

We regret only shortlisted candidates will be notified.