Transaction Monitoring Manager

Our client are a growing Fintech firm based in London who offer both FX solutions and alternative banking solutions to their global clients.

Description

The Transaction Monitoring Manager will be responsible for:

• Driving the implementation of a new transaction monitoring rule set

• Ensuring the team deal with live inbound and outbound transactions as per KPIs

• Acting as a point of escalation for complex transactions

• Supporting the MLRO in submitting SARs

• Joining commercial calls to discuss potential payment flows

• Providing management information to the Board and the risk committee

• Responding to queries from various business units promptly and efficiently

• Liaising with internal and external parties in relation to RFI requests

Profile

The Transaction Monitoring Manager should have the following skills:

• Detailed understanding of the deliverable foreign exchange market
• Demonstrable experience in production and delivery of financial crime risk assessments and subsequent implementation of a financial crime framework to mitigate identified risks
• Excellent understanding of Anti Money Laundering regulations and JMLSG
• Skilled in finding solutions to new problems and adept at applying conceptual knowledge to establish new operating procedures
• Thorough knowledge of the flow of funds from merchants through acquirers, PSP's and onward distribution of funds
• Ability to clearly articulate complex payment flows to senior members of the company so they can fully understand the financial crime risks
• Ability to apply commercial acumen when assessing business opportunities

Job Offer

Salary of 55,000 -65,000

Attractive benefits package

Hybrid working