Based on recent high-resolution angle-resolved photoemission spectroscopy measurement in monolayer FeSe grown on SrTiO$_{3}$, we constructed a tight-binding model and proposed a superconducting (SC) pairing function which can well fit the observed band structure and SC gap anisotropy. Then we investigated the spin excitation spectra in order to determine the possible sign structure of the SC order parameter. We found that a resonance-like spin excitation may occur if the SC order parameter changes sign along the Fermi surfaces. However, this resonance is located at different locations in momentum space compared to other FeSe-based superconductors, suggesting that the Fermi surface shape and pairing symmetry in monolayer FeSe grown on SrTiO$_{3}$ may be different from other FeSe-based superconductors.