Our client is looking for a Transaction Monitoring Senior Analyst to join the team.
Duties include:
Monitoring client transactions in line with the Monitoring Policy
Review corporate clients to assess AML and fraud risk
Review incoming, outgoing and internal payments to assess rationale
Conduct client sample testing in line with defined program
Ensure compliance alerts are cleared in a timely fashion
Master various compliance platforms and systems to streamline department workflow
Identify suspicious activity and follow the process to report these where required
Involvement in the delivery of compliance projects ensuring technical excellence and a practical, business-driven approach
Stay updated by participating in educational opportunities; reading professional publications
Responding to queries from various business units promptly and efficiently
Liaise with internal and external parties in relation to RFI requests
Work with the front office/client services to give clear direction on customer due diligence requirements.
Conduct in depth analysis of multi-party payment flows and document the control framework
Review corporate, payment service providers and merchant clients to assess AML and fraud risk.
Develop and enhance existing transaction monitoring program to facilitate mass payment monitoring.
Production of MI and reports to enable business to assess key risks.
Support the delivery of compliance training to new members of the department.
Work closely with the Head of transaction Monitoring to identify any major issues in relation to compliance
Strengthening the onboarding and monitoring controls to compensate for the enhanced risk that this diverse client base presents
To continually develop and maintain a level of compliance, fraud and AML expertise in the business
Assist the Head of Transaction Monitoring by providing guidance, regulatory and financial crime advice as required
Ability to act as an escalation point for junior members of the team
Requirements
Proven experience (3+ years) in a similar role, preferably within the financial services industry, with a strong focus on EU and UK regulatory compliance and transaction monitoring
Familiarity with transaction monitoring tools and systems, and the ability to leverage technology for efficient and effective monitoring in accordance with EU and UK standards.
Familiarity with transaction monitoring tools and systems, and the ability to leverage technology for efficient and effective monitoring in accordance with EU and UK standards.
Education and Experience
Bachelor’s degree in finance, Business, or a related field. A relevant professional certification (e.g., ACAMS, CFE) is highly desirable.
