Back to search
Our client is seeking a Transaction Monitoring Lead to safeguard their organisation against financial losses due to fraud. In this role, you'll be monitoring and analysing customer orders and financial transactions to detect and prevent suspicious activities related to fraud and other financial crimes. This role offers exposure to top management, work on a global scale, and close collaboration with the Fraud Prevention Manager & Director of Risk.
What you'll do:
As a Transaction Monitoring Lead, your primary responsibility will be to safeguard the organisation from potential financial losses due to fraudulent activities. You will utilise your analytical skills to build an effective transaction monitoring system, design rules for flagging high-risk transactions, and support in enhancing existing systems. Your keen eye for detail will enable you to identify patterns indicative of fraudulent activities, allowing you to take swift action. You will also be responsible for conducting thorough investigations on suspicious transactions, preparing comprehensive reports, and escalating any concerns as necessary.
- Build a fit for purpose transaction monitoring system using your analytic and data mining skills
- Design and build the rule engine that ensures effective flagging of suspicious high risk transactions
- Support in the development and enhancement of the transaction monitoring system, processes and procedures
- Analyse patterns and trends to identify potential fraudulent activities, money laundering, and other financial crimes
- Monitor daily customer and supplier transactions for unusual or suspicious activity
- Review alerts generated by the transaction monitoring system and perform detailed investigations
- Conduct thorough investigations on suspicious transactions and prepare comprehensive reports
- Escalate and report suspicious activities to the relevant authorities as required
What you bring:
The ideal candidate for this Transaction Monitoring Lead position brings a wealth of experience in building transaction monitoring systems or working in related compliance roles. Your familiarity with transaction monitoring systems and analytical tools will be crucial in this role. Your strong knowledge of fraud detection technologies coupled with excellent analytical skills will enable you to identify potential fraudulent activities. Your attention to detail and ability to recognise patterns will be key in preventing financial losses. A Bachelor's degree in a relevant field and an understanding of financial crime regulations are essential for this role. Excellent communication skills, both written and verbal, along with the ability to manage multiple tasks effectively are also required.
- Minimum of 5 years of experience in building transaction monitoring, financial crime systems, or a related compliance role
- Experience with transaction monitoring systems and analytical tools
- Strong knowledge of fraud detection technologies and methodologies
- Excellent analytical and investigative skills
- Attention to detail and ability to recognise patterns and anomalies
- Bachelor's degree in Finance, Business, Economics, Criminology, or a related field.
- Understanding of AML, CTF, and other relevant financial crime regulations.
- Excellent written and verbal communication skills.
- Ability to manage multiple tasks and prioritise effectively.
- Strong communication and interpersonal skills
What sets this company apart:
Our client is a global platform recognised for its innovation, customer service and ability to deliver a seamless, reliable and efficient experience. They have developed an award-winning solution that enables businesses of any size, in any location, to operate in the most profitable, efficient and hassle-free manner. Over the course of the last six years, they have evolved into a trusted marketplace delivering modern tools and quantitative ROI. They offer a dynamic growth phase where your contributions can have a significant impact on shaping the company's future success. They provide exposure to senior leadership and the opportunity to contribute to strategic decision-making. They also offer a remote working environment, flexible working hours, unlimited holiday, and a fast-paced global working environment.
Robert Walters Operations Limited is an employment business and employment agency and welcomes applications from all candidates
