Senior Consultant - Financial Crime & Data Analytics

Job description

Sia Hong Kong is seeking a Financial Crime Analytics Consultant to join our Data & AI team and play a critical role in detecting and mitigating financial crime risks for our clients. This role requires expertise in one or more of the following topics: transaction monitoring, name screening, and financial crime risk management. The ideal candidate will leverage data analytics and regulatory technology solutions to enhance compliance processes and frameworks, ensuring adherence to evolving regulatory requirements.

You will be responsible for performing analytics on large datasets, building and testing models, and collaborating with compliance and technology teams to enhance financial crime detection capabilities. This position offers a unique opportunity to work with advanced regulatory technologies and develop strategies that drive operational efficiency and risk mitigation in financial crime compliance.

Key Responsibilities

• Build and test transaction monitoring and name screening models to enhance & manage financial crime detection.
• Analyze patterns and trends to improve risk mitigation frameworks.
• Conduct model tuning, calibration, and system testing to optimize compliance tools.
• Support regulatory compliance efforts by implementing data-driven risk management strategies.

Data Analytics & System Enhancements

• Design and execute SQL queries to analyze financial crime data and support compliance reporting.
• Run advanced analytics and use machine learning & AI if required to improve financial crime risk detection.
• Assess & improve data quality, data mapping, and perform data validation to ensure accuracy and integrity of compliance systems.
• Assist with the development of financial crime dashboards and regulatory reporting tools.

Regulatory Compliance & Risk Management

• Interpret and apply regulatory requirements related to AML (Anti-Money Laundering), sanctions, fraud, and financial crime compliance.
• Stay updated on MAS and global financial crime regulations, providing insights to ensure compliance.
• Collaborate with internal stakeholders (legal, risk, IT, business) to implement financial crime controls and best practices.
• Identify operational gaps and recommend control enhancements to minimize risk exposure.

Consulting & Stakeholder Engagement

• Partner with clients and internal teams to assess financial crime risks and design tailored compliance solutions.
• Provide strategic advisory on best practices, risk frameworks, and financial crime prevention techniques.
• Assist in technical documentation, regulatory filings, and audit preparations.