Senior Transaction Monitoring Analyst (Fintech Payments)

Montpellier Resourcing; London; Hybrid; GBP 50,000 - 60,000; Full time

Job summary

A recruitment agency is seeking a Senior Transaction Monitoring Analyst for a fintech payments company in London. The role involves conducting investigations into high-risk alerts, drafting regulatory reports, and mentoring junior analysts. Candidates should have 3-5+ years of experience in fraud detection and AML compliance, with a strong preference for those with hands-on experience in transaction monitoring. This position offers a salary of up to £60,000 plus bonuses and a hybrid working option.

Qualifications

• 3-5+ years of hands-on experience in fraud detection or AML compliance.
• Proven track record of handling fraud and AML investigations.
• Experience drafting Suspicious Activity Reports (SARs).

Responsibilities

• Conduct in-depth investigations into high-risk fraud and money laundering alerts.
• Draft and finalize Suspicious Activity Reports (SARs) for regulatory reporting.
• Act as a go-to resource for junior analysts and mentor them.

Skills

Fraud detection

Transaction monitoring

AML compliance

Analytical skills

Problem-solving

Education

Bachelor's degree in a relevant field

Professional certifications like ACAMS

Tools

Brighterion

Cybersource

Job description

Overview

Senior Transaction Monitoring Analyst (Fintech Payments)

Up to £60,000 plus excellent bonus and benefits

Hybrid working available (3 days in the office)

Candidates must have minimum 3 years’ experience with transaction and merchant monitoring.

Duties

• Complex Case Investigation: Conduct in-depth investigations into high-risk fraud and money laundering alerts, using advanced analytical techniques and open-source intelligence to build comprehensive case narratives.
• SAR Preparation: Draft and finalize thorough Suspicious Activity Reports (SARs) for regulatory reporting, collaborating with the MLRO to ensure all filings are accurate and timely.
• Mentorship & Guidance: Act as a go-to resource for junior analysts, providing guidance on complex cases, sharing investigative techniques, and reviewing their work for quality and accuracy.
• System Enhancement: Collaborate with the Team Lead to optimize monitoring systems by suggesting new rule logic, adjusting thresholds, and participating in system testing.
• Cross-Functional Partnership: Work closely with other departments, including Operations and Compliance, to resolve cases and implement swift risk mitigation actions.
• Continuous Improvement: Stay ahead of evolving financial crime typologies and regulatory changes, proactively sharing insights and contributing to the refinement of internal policies and procedures.

Requirements

• Candidates must have 3-5+ years of hands-on experience in fraud detection, transaction monitoring, or AML compliance within financial services, with a proven track record of handling both fraud and AML investigations from start to finish. Experience drafting SARs is highly valued.
• Candidates must have experience with transaction and merchant monitoring.
• Practical experience with platforms like Brighterion, Cybersource, or similar systems is strongly preferred.
• Possess excellent analytical and problem-solving skills, with the ability to interpret large datasets and identify hidden patterns.
• Qualifications: A Bachelor’s degree in a relevant field and professional certifications like ACAMS are a plus.

This vacancy is being advertised by Montpellier Resourcing Associates Limited. The services advertised by Montpellier Associates Resourcing Limited are those of an Employment Agency