Transaction Monitoring Associate

The Transaction Monitoring Associate is a vital role within our organisation, responsible for conducting detailed monitoring and analysis of client transactions to identify and mitigate risks associated with money laundering and financial fraud. This position requires a high level of diligence, analytical skills, and a deep understanding of KYC (Know Your Customer) and AML (Anti-Money Laundering) regulations. The ideal candidate will be proactive, detail-oriented, and committed to maintaining the highest standards of compliance and risk management.,

• Detailed Transaction Analysis:
  Conduct in-depth analysis of client transactions, scrutinising for unusual patterns or activities that might indicate money laundering, terrorist financing, or other financial crimes.
• Alert Investigation and Resolution:
  Manage and investigate alerts generated by the transaction monitoring system, determining the legitimacy of transactions and escalating suspicious activities as per the established protocols.
• Trend Analysis and Reporting:
  Identify and report on trends or patterns in transactional behaviour that could indicate emerging risks or areas of concern.
• Compliance and Regulatory Adherence:
  Ensure all transaction monitoring activities are compliant with relevant AML regulations and internal policies. Stay updated with changes in regulatory requirements and adjust monitoring strategies accordingly.
• Client Risk Assessment:
  Assist in assessing the risk level of clients based on transaction activities, contributing to the overall risk profile analysis.
• Documentation and Record Keeping:
  Maintain accurate and comprehensive records of all monitored transactions and investigations for audit and regulatory purposes.
• Enhancing Monitoring Processes:
  Contribute to the continuous improvement of transaction monitoring processes and systems, suggesting enhancements for more effective monitoring and risk management.

• Collaboration and Reporting:
  Work closely with the compliance and AML teams, providing regular reports on transaction monitoring findings and escalating issues as necessary.

  Experience:
  
  Proven experience in transaction monitoring and corporate onboarding.

• KYC and AML Knowledge: A solid understanding of KYC law, regulations, compliance risk, non-financial risk, and documentation aspects of the KYC process, particularly for correspondent banking relationships.
• Analytical
  
  Skills:
  
  Strong analytical and organisational skills, with the ability to be a proactive and fast learner.
• Communication
  
  Skills:
  
  Excellent communication skills, both written and verbal, with the capability to document relevant information in a clear, structured, and comprehensive manner. Ability to build and maintain relationships with colleagues and clients at all levels of seniority.
• Teamwork: A strong team player with robust work ethics.
• Resilience and Commitment:
  Resilient and committed with the ability to plan, prioritise, and work under pressure.
• Attention to Detail:
  Accuracy and diligence with a focus on delivering high-quality results within tight deadlines.
• Market Awareness:
  An interest in financial markets, current events, and news.
• Technical Proficiency:
  Command of MS Office applications and general computer proficiency.
• Excellent verbal and written communication skills.
• A true team player with a winning mentality and strong work ethic committed to continuous improvement and high performance.

• Adaptable, tenacious and flexible who can perform under pressure.

  We believe great people do their best work when they feel supported, rewarded, and empowered to grow. That's why we offer a benefits package designed to support your career, wellbeing, finances, and life outside of work.

• + 25 days' annual leave, plus bank holidays + An extra day off for your birthday + Holiday loyalty scheme rewarding long-term service + Work abroad scheme for added flexibility
• + Competitive pension scheme via salary exchange + Annual discretionary bonus scheme (eligible after probation) + Financial education, planning & coaching platform + Interest-free Season Ticket Loan for London travel + Salary exchange nursery fee scheme
• + Life Insurance + Healthcare platform including o Cashback on dental, optical & physio o Virtual GP access o Mental health and stress support helplines o Additional wellbeing resources
• + Enhanced parental leave + Cycle to work scheme + Flexible benefits that support everyday life
• + Career development and progression tools + Opportunities to grow within a fast-scaling international business From sporting events and pub nights to seasonal celebrations and socials, we make time to connect and celebrate together.