Transaction Monitoring Analyst

OFX; Sydney; Hybrid; AUD 90,000 - 130,000; Full time

Benefits offered by this job

Hybrid work model

Learning and development opportunities

Volunteer day

Inclusive culture

Job summary

OFX, a leading financial operations company headquartered in Sydney, is seeking a Financial Crime Analyst to review transaction monitoring alerts and investigate potential fraud, money laundering, and terrorist financing activities. You will contribute to regulatory compliance and help protect clients worldwide.

In this role you will assess alerts, understand red flags, escalate complex cases to investigators, and support training across teams.

Qualifications

• Experience in transaction monitoring / financial crimes investigations, ideally within the financial sector.
• Understanding of red flags, criminal typologies, and trends.
• Ability to investigate, make logical findings and clearly articulate those findings.
• Ability to prioritise work and resources, keeping business objectives at the forefront of the decision-making process.
• Strong stakeholder management and problem-solving skills.
• Strong attention to detail.
• Strong communication skills, both written and verbal, with the capability to articulate complex technical information.
• Ability to maintain high standards of accuracy and work under pressure to achieve deadlines.
• Demonstrated self-initiative and ability to work unsupervised.
• High level of personal integrity, commitment to confidentiality and privacy principles.

Responsibilities

• Assess alerts generated by OFX monitoring systems.
• Think critically about the customer’s activity vs customer profile.
• Escalate ML/TF concerns to investigators.
• Adopt new processes and procedures as the business evolves, and assist with knowledge sharing and training.
• Contribute to a high standard of service to all internal/external clients.

Skills

Transaction monitoring

Financial crime investigations

Red flags analysis

Stakeholder management

Attention to detail

Communication skills

Self-initiative

Confidentiality

Job description

Hi. We're OFX, a leading financial operations company providing businesses and accounting firms with real-time financial control and visibility to do business anywhere in the world. With an innovative platform and 24/7 human support, OFX automates and simplifies doing business across borders, reducing risk and eliminating routine operational tasks. Offering global business accounts, payments to 180 countries in 30+ currencies and currency risk management solutions to simplify global payments. OFX further enhances business operations by providing corporate cards with spend management, bill payments, vendor management, and integrations with popular accounting and HRIS software, to help achieve better business solutions so accounting firms and businesses thrive.

Headquartered in Sydney, Australia, with offices globally, in the United States, Canada, United Kingdom, Ireland, New Zealand, Singapore and Hong Kong. OFX has been a trusted innovator in global money movement for over 25 years.

Purpose of your role

You will be responsible for detailed review of transaction monitoring alerts, identification and analysis of financial crime activities such as fraud, money laundering, and terrorist financing. You will be contributing to financial crime investigations. You will play a critical role in protecting OFX and its customers, ensuring the company meets its regulatory obligations.

What you'll do

• Assess alerts generated by OFX monitoring systems
• Think critically about the customer’s activity vs customer profile
• Escalate ML/TF concerns to investigators
• Adopt new processes and procedures as the business evolves, and assist with knowledge sharing and training
• Contribute to a high standard of service to all internal/external clients

Qualifications

What you bring

• Experience in transaction monitoring / financial crimes investigations, ideally within the financial sector
• Understanding of red flags, criminal typologies, and trends
• Ability to investigate, make logical findings and clearly articulate those findings
• Ability to prioritise work and resources, keeping business objectives at the forefront of the decision-making process
• Strong stakeholder management and problem-solving skills
• Strong attention to detail
• Strong communication skills, both written and verbal, with the capability to articulate complex technical information
• Ability to maintain high standards of accuracy and work under pressure to achieve deadlines
• Demonstrated self-initiative and ability to work unsupervised
• High level of personal integrity, commitment to confidentiality and privacy principles

Additional Information

What it's like working at OFX

We’re OFXers because we want to make a difference. We see challenges as opportunities and we’re not afraid to roll up our sleeves to get stuff done. We’re committed to making things easier for our clients, pushing boundaries and continuing to move with the times so that we can continue to inspire confidence every day and through every transaction.

We operate as one team, cross-functionally and globally, to drive outcomes that deliver excellence for our customers. We're curious self-starters who love learning and sharing our knowledge with others. We embrace change and use our initiative and resilience to overcome challenges.

• Always keep learning. We offer a wide range of learning and career development opportunities to help every OFXer build their capacity and career, with leadership training, secondments, internal mobility and access to a large library of online learning.
• Make a difference. Through our Make a Difference program, we encourage OFXers to give back to causes and communities that are important to them. We celebrate this with an annual volunteer day, which OFXers can use together or individually, as well as matched giving and the opportunity to nominate charity of choice every quarter.
• Reward and recognition. We recognise a job well done. OFXers are encouraged to celebrate their peers’ effort, technical expertise or support through a range of global and regional channels and awards, including quarterly and annual awards, milestones and shout outs.
• Showing our social side. Our Good Vibes employee-led committees around the globe organize events to help keep our employees engaged inside and outside the office. Whether it’s a wellbeing activity, end of year celebration, or a monthly team get-together, our team wants you to feel welcome!
• Benefits that mean something. We offer a range of fantastic benefits, including primary and secondary gender neutral carer parental leave (16 weeks) or birthday leave, you'll feel well-supported at OFX.
• A great work environment. Enjoy work-life balance and flexibility with our hybrid work model, in an inclusive, diverse and non-hierarchal culture.

#Li-Hybrid

At OFX, we are committed to fostering a diverse, inclusive and accessible workplace where we value, respect, and encourage our people to be their authentic selves. With an employee base as diverse as the clients we serve, we know that fostering an inclusive workplace is fundamental to our continued success. If you require accommodation for any portion of the recruitment and hiring process, please email us at [e-mail].