Transaction Monitoring Lead
Location: Singapore
Function: Financial Crime Compliance
Experience: 5 to 7 years
Role Overview
The Financial Crime Monitoring Oversight Lead (L2) operates within the Financial Crime Monitoring (FCM) function and provides second-line oversight, quality assurance, and decision support for transaction monitoring activities.
The role supports a lean operating model where the FCM Manager performs primary L2 reviews. The Oversight Lead acts as an additional L2 control layer, ensuring consistent application of AML and CTF policies, sound judgement in escalated cases, and alignment with regulatory expectations. The role does not include direct people management.
Key Responsibilities
L2 Oversight and Escalation
Act as an L2 escalation point for complex, high-risk, or sensitive transaction monitoring cases
Review selected L2 decisions taken by the FCM Manager to ensure quality, consistency, and policy alignment
Challenge investigation outcomes where required and recommend corrective actions
Escalate material risks or potential reportable activity directly to the MLRO
Policy and Framework Alignment
Ensure transaction monitoring activities are implemented in line with AML and CTF policies and procedures
Support interpretation of regulatory and internal compliance requirements within the FCM function
Contribute to updates of SOPs, escalation criteria, and investigation standards
Monitoring Framework and Quality
Provide oversight input on TM rules, thresholds, and typologies from an investigation and risk perspective
Identify recurring quality issues, emerging typologies, and control weaknesses
Support continuous improvement of monitoring processes, documentation quality, and investigation practices
Collaboration and Support
Work closely with the FCM Manager to support effective execution of L1 and L2 activities
Support Compliance Management, MLRO, and audit teams on reviews, escalations, and regulatory queries
Disseminate key investigation outcomes and learning points to the L1 team to support continuous learning.
Contribute to targeted guidance and training to improve investigation quality and consistency
Required Experience and Qualifications
Bachelor’s degree in Law, Finance, Business, or a related field
5 to 7 years of experience in transaction monitoring, AML, CTF, or financial crime investigations
Strong hands-on experience reviewing complex transaction monitoring alerts and escalations
Prior exposure to L2 review, quality assurance, or senior investigator responsibilities
Good understanding of global AML and CTF expectations, including FATF and MAS guidance
Familiarity with transaction monitoring tools used in fintech or payments environments
Ability to provide guidance and challenge decisions without formal line management authority
Strong written and verbal communication skills in English