Ampstek Hiring! Full Time Functional Analyst with AML in - Ricebowl

This role combines strong functional analysis capabilities with hands‑on technical design responsibilities to ensure that business requirements are accurately translated into scalable, secure, and high‑quality technical solutions. The Analyst collaborates closely with cross‑functional teams—including Business Analysts, Developers, Test Managers, Infrastructure, Vendors, Security Architects, and Production Support—to ensure smooth execution across the entire project lifecycle.

Key Responsibilities:-

Contribute positively and proactively to the Anti-Money Laundering Workflow Project

Functional Specification

Responsible to analyse and define detailed functional specifications based on the functional and non-functional requirements document

Collaborate with Functional Business Analyst to clarify functional and non-functional requirements

Define and ensure traceability from functional specifications to business requirements

Map out end-to-end functional flow / user journey

Technical Design

Responsible to create technical design

Ensure technical design adheres to architectural roadmap, Development practices, and security requirements

Ensure vendor resources create technical design document

Collaborate with developers and infrastructure teams to clarify functional specification and technical design during build, test and deployment phase

Collaborate with Production Support to establish IT operations procedures and document as part of Tech Design

Coordinate execution of threat modelling process with assistance of Security Architect to ensure implementation of safeguards is comprehensive in accordance with threats

Testing & Scope Management

Clarify test findings escalated by Test Manager and classify the findings accordingly (either as a defect or change request)

Provide input to impact assessment and estimation for Project Change Request

Work with Test Manager to review test plan and functional test scope

Work on SDM documents such as Functional Specifications, Design Specifications, Data Conversion Approach, Data Conversion Specifications etc.

Collaborate with project stakeholders and other members including functional business analysts, developers, domain/product architects, security architect etc.

Contribute to the successful completion of the Project with positive business outcomes

Required Skills & Qualifications:

Min 6 to 10 years’ experience in SA role

Excellent communication and presentation skills

Strong analytical skills with ability to deep dive to drive solutions

Good banking domain knowledge, especially in Compliance

Proven ability to perform under high pressure in a dynamic environment

Bachelors or master’s degree in Banking, Finance, or management from a reputable university

Bachelor’s or master’s degree in engineering, IT or Computer Science from a reputable university

Experience with workflow / business process management platforms preferredMicrosoft SQL experience preferred

Soft Skills

Strong analytical and troubleshooting abilities.

Ability to work independently and in a team environment.

Good stakeholder management and documentation skills.

Total Experience

6+ yrs

Relevant Experience

6+ yrs

Mandatory skills

Strong experience in functional requirement analysis and creation of functional specifications

Ability to design end‑to‑end functional flows and user journeys

Hands‑on experience in technical design aligned with architectural and security standards

Knowledge of AML domain, financial crime workflows, or compliance systems

Experience collaborating across Business Analysts, Developers, Infrastructure, Security, and Vendors

Familiarity with SDLC, integration patterns, and application architecture

Ability to support testing activities, including defect clarification and scope assessment

Excellent documentation, communication, and problem‑solving skills

Desired skills

Experience working on AML platforms (e.g., Actimize, Fircosoft, SAS AML, Oracle FCCM)

Familiarity with microservices architecture, APIs, and modern integration frameworks

Understanding of cloud environments (Azure, AWS, or GCP)

Exposure to threat modelling frameworks such as STRIDE or MITRE ATT&CK

Knowledge of process modelling tools (Visio, Lucidchart, BPMN tools)

Experience in Agile/Scrum delivery environments

Ability to perform basic SQL queries or data analysis for requirement validation

Background in banking, risk, or regulatory technology within large enterprises

Vendor management experience with offshore/onsite coordination