AML Transaction Monitoring Team Lead

Role Title: AML Transaction Monitoring Lead

Role Summary: Act as AML Transaction Monitoring expert — oversee daily transaction monitoring investigations, manage complex cases, and support the workstream manager in guiding and leading a team of AML Transaction Monitoring senior specialists, ensuring operational accuracy, and maintaining compliance with regulatory requirements.

Job Description:

A. Team & Leadership Support

i. Leading and Management

• Supervise and guide a team of AML transaction monitoring senior specialists, on case investigation techniques, risk indicators, and documentation standards.

• Provide informal refresher/training/guidance sessions on evolving emerging typologies or regulatory changes.

ii. Stakeholder & Escalation Handling

• Serve as an escalation point of contact for operational queries or when handling time-sensitive or high-risk alerts.

• Manage escalations for any urgent or complex cases that would require additional information during investigations.

iii. Process Improvement Contribution

• Identify recurring investigation issues, false positive trends, or operational bottlenecks.

• Propose practical process improvements to enhance efficiency and reduce operational risks.

• Support system testing or enhancement initiatives related to the transaction monitoring platform.

B. AML Transaction Monitoring Operation (Core Responsibilities)

i. Monitoring & Case Investigation

• Review and analyse alerts generated from transaction monitoring systems for potential suspicious activity

• Investigate flagged transactions by reviewing account activity history, transaction patterns, client profiles, and external data sources.

• Identify red flags such as unusual transaction volumes, structuring, rapid movement of funds, or transactions involving high-risk jurisdictions, suspicious patterns, unusual behaviour, and high-risk activities.

ii. Complex Case Handling

• Take the lead on more complicated investigations — like:

a) Large or irregular transactions involving offshore or sanctioned countries.

b) Transactions by politically exposed persons (PEPs) or high-risk clients.

c) Rapid fund movement or suspected layering activity across multiple accounts.

• Gather supporting evidence from various systems, client documents, and open-source information.

• Prepare comprehensive case reports detailing findings, rationale for decision, and risk assessment.

iii. Reporting & Documentation

• Record and document findings including detailed analysis, supporting evidence for potential suspicious activity, and prepare report submission to the regulators, where required.

iv. Ad-Hoc AML/ CFT Review

• Support any ad-hoc reviews, thematic investigations, or advisory requests related to specific clients, industries, or transactions flagged by Compliance.

v. Regulatory & Policy Adherence

• Ensure investigations and decisions align and comply with local and international AML/CFT regulations.

Summary of Requirements:

• Diploma/ degree holder with minimum 3 years’ experience in Anti-Money Laundering (AML) and Countering Terrorism Financing (CFT) in a digital and/or SME/Corporate banking environment. Additional certifications in anti-money laundering (AML) will be advantageous.

• Strong knowledge of anti-money laundering laws, regulations, and global sanctions regimes will be advantageous.

• Strong communicator and collaborator with critical thinking with attention to detail and analytical skills and ability to prioritize multiple tasks efficiently.

• Team player with proactiveness and able to work independently.

• Strong written and verbal communication skills.

• Fluent in English and Mandarin (Read, Write - to support HK, Taiwan market).

• Candidate who can start immediately is highly welcome.

Hours of Operation

The hours of operation will be 9am to 6pm, Monday to Friday. Bank holiday will follow Singapore public holidays calendar. There may be shift and overtime required for weekends or national holidays according to business requirement. Both parties need to align and mutually agree on such changes and plan in advance. Overtime rates if any be charged only when productivity targets are met, and also when the personnel gaps in the team (if any) are duly filled.