Transaction Monitoring Manager

About the role

An FCA-regulated payments and remittance business serving frontier markets is looking for an experienced, detail-oriented Transaction Monitoring Manager. The role oversees transaction monitoring processes so that they meet regulatory requirements and anti-money laundering (AML) standards. The position is full time.

Key responsibilities

• Develop, implement and continuously improve transaction monitoring frameworks to detect and prevent suspicious transactions.
• Lead the transaction monitoring team in reviewing flagged transactions, investigating alerts and escalating suspicious activity.
• Ensure compliance with AML, CFT and sanctions regulations issued by the FCA and other authorities.
• Monitor and analyse transaction patterns to spot trends, suspicious activity and potential risks.
• Work with compliance, fraud prevention and legal teams to build automated solutions that streamline compliance operations.
• Maintain accurate records of monitoring activities, investigations and regulator reporting.
• Train staff regularly on AML, fraud detection and transaction monitoring.
• Keep up with regulatory changes, emerging threats and industry best practice.
• Prepare reports for senior management and regulators, and evaluate and recommend technology tools to improve automation and efficiency.

Required profile

• Bachelor's degree in Finance, Accounting, Law or a related field; relevant professional certifications are a plus.
• Proven experience in transaction monitoring, AML compliance or fraud prevention in a financial services or payments environment.
• Experience with FCA-regulated institutions or payment companies.
• Certification in AML or compliance (e.g. CAMS, ICA, ACAMS).
• Knowledge of emerging financial crime threats and monitoring techniques.

Required skills

• Strong understanding of FCA AML, CFT, sanctions and payments compliance.
• Experience with transaction monitoring systems such as Firco, Actimize or SAS is highly desirable.
• Ability to propose and implement automation solutions.
• Excellent analytical, investigative, leadership and communication skills.