Deputy Manager, Operational Risk & Transaction Monitoring (AML/Financial Crime)

Location: Singapore Employment Type: Permanent, Full-time Job Function: Risk Management / Compliance / AML / Financial Crime About the Role We are seeking an experienced Operational Risk and Transaction Monitoring professional to join the Risk & Compliance function of an established financial institution in Singapore. This role offers a broad scope across Operational Risk Management, Business Continuity Management (BCM), Third-Party Risk Management and AML/Transaction Monitoring , providing the opportunity to work closely with multiple business and control functions. Key Responsibilities Operational Risk & Business Continuity Management • Develop, maintain and enhance the Operational Risk Management Framework , policies and procedures in line with regulatory and Head Office requirements. • Manage key operational risk areas including Third-Party Risk / Outsourcing Risk, Business Continuity Management (BCM) and operational risk controls . • Plan, coordinate and document BCM and business continuity tests , including follow-up and remediation of identified findings. • Conduct periodic reviews and risk assessments of third-party arrangements and outsourcing activities . • Maintain and enhance Key Risk Indicators (KRIs), risk metrics and monitoring mechanisms to identify and manage emerging operational risks. • Maintain the BCM call tree and support ongoing business continuity and operational resilience initiatives. • Support regulatory reviews, internal audits and risk assessments relating to operational risk and business continuity. Transaction Monitoring / AML • Review and analyse customer transactions and account activities generated by AML Transaction Monitoring systems to identify potential money laundering, fraud, terrorist financing and other financial crime risks. • Conduct detailed Transaction Monitoring investigations , including analysis of customer profiles, transaction patterns, account activities and relevant external information. • Assess alerts and determine whether cases should be closed, escalated or subjected to further investigation. • Prepare clear and well-supported investigation records, case notes and escalation documentation. • Identify emerging AML/CFT risks, money laundering typologies and financial crime trends , and support the enhancement of transaction monitoring controls. • Assist with the preparation of information and case summaries for potential Suspicious Transaction Report (STR) filings. • Work closely with Compliance, Risk, Operations and business teams to resolve transaction monitoring cases and strengthen financial crime controls. Requirements Candidates should possess a Bachelor’s Degree in Finance, Risk Management, Business Administration, Law or a related discipline , with at least 6 years of relevant experience in Operational Risk, Transaction Monitoring, AML/CFT, Financial Crime Compliance or related risk and compliance functions . Experience covering operational risk management, transaction monitoring investigations, AML controls, business continuity management, third-party/outsourcing risk or regulatory compliance will be highly relevant. Candidates should have strong analytical and problem-solving skills, good knowledge of risk and compliance frameworks, and the ability to work independently while collaborating effectively with cross-functional stakeholders.