Financial Risk Specialist -Transaction Monitoring (Fintech)

Outstanding opportunity to join an international fintech company as it launches and grows. We are looking for bright talent that has experience of transaction monitoring, Financial / Operational Risk ideally from another online bank, fintech, challenger bank, spread betting business, gambling or trading platform (or similar).

This business is heavily backed for a successful future through the owners of a similar highly successful financial platform. This is an exciting time to join the business and gain the opportunity to develop your career, knowledge and earnings as the business grows organically.
 

As a Transaction Monitoring Specialist, you will be a part of a rapidly growing team working on a business critical project to monitor customer transactions to recognise where there is a need for further investigation to prevent money laundering and other financial crimes. You will also play an integral role in testing some of the system workflows/algorithms and articulating change requests and system requirements to the IT Development Teams to drive continuous improvement and iterative design improvements of the technology and systems.

You will:

• Review transactions to identify any Money Laundering or Terrorist Financing cautionary flags and escalating cases to more senior support where required.
• Perform risk-based reviews on transaction monitoring cases, analyse trends and mitigate Money Laundering / Terrorist Financing Risk with clear and concise narrative.
• Ensure closure of alerts with appropriate commentary
• Ensure that investigators are following the appropriate escalation mechanisms and alert resolution processes.
• Conduct Quality Assurance (“QA”) of closed AML alerts using a sampling methodology.
• Keep abreast of related laws, regulations and best practices pertaining to Anti-Money Laundering/Combating of Terrorism Financing and Contribute by giving suggestions to enhance systems, methodologies, and process simplification.
• Identify and assess possible Money Laundering / Terrorist Financing risks that may arise in relation to new products, services, business practices and delivery mechanisms.
• Build test and enforce transaction monitoring rules based on the needs of the business.
• Review test and suggest amendments to the existing rules based on the ongoing evaluation of systems workflows and alerts being generated.

We are looking for:

• Graduate or equivalent in Business, Engineering or Law
• 2-4 years of experience in online financial risk management, financial fraud prevention, Regulated Compliance or online payments
• A self starter with a high attention to detail
• A team player who is able to prioritise tasks and use their initiative to create solutions and manage/mitigate financial Risk

We offer:

• Competitive Salary
• Medical and life Insurance
• Excellent supportive working environment, with ongoing training and development.
• Opportunity to work with a truly global brand
• Opportunity to be part of an exciting fast growth Fintech