We are seeking a passionate and enthusiastic IT Business Analyst to work on AML/CFT projects for a reputed bank.
Mandatory Skill(s)
- Bachelor's degree in Business Administration, Information Technology, Finance, or a related field;
- Bridge the gap between business requirements and IT solutions in the bank’s AML and CFT operations;
- 3-5 years of experience as a IT/Technical Business Analyst in the banking or financial services industry;
- Experience with AML software platforms such as Actimize, SAS, or ACI;
- Proficiency with Microsoft Office Suite (Excel, PowerPoint, Word);
- Understanding of databases and SQL for data extraction and reporting;
- Familiarity with project management methodologies (e.g., Agile, Waterfall);
- Knowledge of data analysis, data modeling, and reporting;
- Strong analytical, problem-solving, and critical thinking abilities;
- Excellent communication skills, both written and verbal.
Desirable Skill(s)
- Certifications in AML/CFT (e.g., CAMS, ICA).
Responsibilities
- Collaborate with AML/CFT teams to gather, document, and validate business requirements related to anti-money laundering, counter financing of terrorism, and compliance processes.
- Work with IT teams to define and design AML/CFT system enhancements, including transaction monitoring, sanctions screening, and customer due diligence (CDD) systems;
- Lead system integration efforts, ensuring smooth data flows between business applications and the AML systems;
- Engage with stakeholders, including business owners, regulatory bodies, legal teams, and subject matter experts;
- Analyze AML/CFT business processes to identify areas for improvement, automation, and optimization;
- Support the design of AML/CFT compliance frameworks, ensuring that they adhere to industry best practices and regulatory guidelines;
- Prepare comprehensive documentation for business requirements, functional specifications, and user guides;
- Support the testing phase by writing test cases, performing UAT (User Acceptance Testing), and reviewing test results;
- Identify and resolve any defects or issues discovered during the testing process.
If you are interested in this role, click on the “Apply to this job” button below or you could also write in with your CV to Meenakshi Saklani at meenakshi.saklani@sciente.com quoting the job title.
