Functional Business Analyst

Functional Business Analyst

Role Overview

We are seeking three Functional Business Analysts (FBAs) to support a regional Sanctions List Management initiative focused on Transaction Screening systems .

The FBA will work closely with Compliance SMEs, Architects, and Technology teams to assess current processes, gather multi-country requirements, and support the definition of the future operating model, target architecture, and governance framework.

Candidates with more experience may be considered for the Manager level.

Key Responsibilities

• Lead detailed functional assessments of sanctions list management processes, including sourcing, consolidation, validation, and distribution of lists.
• Gather, document, and validate functional requirements for list automation, ensuring end-to-end traceability, operational resilience, and regulatory compliance.
• Map country-specific workflows, integration touchpoints, file formats, and transformation rules across multiple transaction screening systems.
• Support as-is and to-be process modeling, identifying operational inefficiencies, risk points, and automation opportunities.
• Document integration patterns (synchronous/asynchronous, APIs, batch, event-driven) and error-handling protocols.
• Collaborate with architects, operations, compliance, and technology stakeholders to ensure alignment between regional and local requirements.
• Support risk assessments, assumptions, dependency tracking, and issue logs, ensuring findings are traceable and auditable.
• Contribute to key deliverables including functional specifications, governance frameworks, implementation roadmaps, and cost/resource estimates.
• Participate in workshops, stakeholder interviews, and cross-entity harmonization sessions to ensure full coverage of in-scope entities.

Job Requirements

• Bachelor’s degree in Information Technology, Computer Science, Finance, Business Administration, or a related field.
• Minimum 5 years of experience in Financial Services, with a focus on IT systems supporting AML/CFT, financial compliance, or risk management.
• Strong knowledge of sanctions screening processes, list management, and integration methods.
• Proven ability to independently manage complex functional analysis, resolve ambiguity, and provide practical recommendations.
• Experience delivering large-scale data management initiatives, including mapping, validation, reconciliation, and risk mitigation.
• Familiarity with sanctions screening systems (e.g., Firco, TSS, Actimize) and watchlist management tools (e.g., WLM, FLV, FMM).
• Strong understanding of AML/CFT regulatory frameworks, including FATF, OFAC, MAS, and other relevant local regulators.
• Familiarity with data governance frameworks, data quality standards, data lineage, and experience working with data glossaries and dictionaries.
• Excellent communication and interpersonal skills, with the ability to engage effectively with both technical teams and business stakeholders.
• Awareness of data protection regulations and cross-border data-sharing restrictions, ensuring compliance with legal and regulatory obligations.
• Strong analytical and logical thinking skills, with the ability to deconstruct complex problems and recommend solutions.
• Familiarity with cloud platforms is an advantage.
• Professional certifications such as ACAMS, ICA, or other AML/financial crime compliance credentials are a plus.
• Additional Business Analysis (CBAP, PMI-PBA) or Project Management certifications are advantageous.