Senior Analyst - Transaction Monitoring

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.