Senior Financial Crime Risk Business Oversight Analyst

Work Location :

Singapore, Singapore Hours:

40 Line of Business:

Financial Crime Risk Management Pay Details:

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Job Description:

The Senior Analyst, APAC FCRM – Risk & Control is responsible for the design, execution, and continuous enhancement of Financial Crime Risk Management (FCRM) control frameworks across APAC, with a focus on ensuring effective risk identification, control testing, and regulatory compliance across AML, Sanctions, and related risk domains.

The role operates as a second line of defence control specialist, responsible for independent monitoring, risk assessment, control challenge and analytical support, while partnering with business lines and control functions to enhance financial crime frameworks.

In line with the APAC FCRM Target Operating Model, the role contributes to the Risk & Control pillar through monitoring & testing, EWRA support, transaction monitoring and screening oversight, and control framework enhancement

The role requires sound judgement, the ability to operate independently, and the capability to provide objective challenge and recommendations on control effectiveness and risk exposure.

Key Responsibilities:

Independent Monitoring & Control Oversight

• Execute independent second line monitoring and testing of AML/ATF, sanctions and ABAC controls across assigned portfolios.
• Assess control design and operating effectiveness across key processes (CDD, payments, trade finance, surveillance, gifts & entertainment).
• Provide objective, evidence‑based opinions on control adequacy, including identification of gaps and enhancement opportunities.
• Ensure monitoring results are clearly articulated, risk‑rated and escalated appropriately.

Risk Assessment & Analytical Support

• Support and contribute to Enterprise-Wide Risk Assessment (EWRA) processes, including risk identification, assessment and documentation.
• Participate in RCSA and scenario analysis, assessing risk exposure and control coverage.
• Analyse risk trends, control outcomes and KRIs to identify emerging financial crime risks.
• Provide analytical insights and recommendations to enhance control frameworks.

Transaction Monitoring & Screening Oversight

• Perform oversight of transaction monitoring frameworks, including:
  • Alert quality reviews.
  • Scenario performance and coverage assessment.
  • Identification of false positive / false negative risks.
• Support first level QA and second level reviews where applicable
• Contribute to screening and list management governance ensuring completeness and control integrity.
• Recommend improvements to detection scenarios, thresholds and investigations processes.

Issue Identification, Escalation & Resolution

• Identify and escalate control weaknesses, breakdowns and emerging risks.
• Support management of issues through to resolution, including validation of remediation actions.
• Ensure timely escalation of non‑standard, high‑risk matters and suspicious activity indicators.
• Provide independent challenge on proposed remediation actions.

Business & Stakeholder Engagement

• Partner with Business Lines and Corporate Functions to:
  • Provide guidance on AML/ATF/Sanctions/ABAC requirements.
  • Support implementation of effective controls.
• Act as a key SME contact for assigned portfolio on risk and control matters of moderate complexity.
• Collaborate with internal stakeholders (Operations, Technology, Audit, Compliance partners).

Regulatory, Audit & Reporting Support

• Support responses to regulatory requests, audits and examinations.
• Prepare and deliver management reporting and analysis on financial crime risks and control effectiveness.
• Maintain awareness of