Transaction Monitoring Analyst

Michael Page (UK); City Of London; Hybrid; GBP 49,000 - 61,000; Full time

Job summary

A leading recruitment firm is seeking a Transaction Monitoring Analyst to join a growing compliance function in the City of London. This role focuses on monitoring financial transactions, investigating suspicious activities, and ensuring compliance with regulatory standards. The ideal candidate will have a strong background in financial services and anti-money laundering principles. They will benefit from a competitive salary of £49,500 to £60,500 and a hybrid working model, allowing for a balanced work-life environment.

Benefits

Comprehensive health insurance

Pension benefits

Prestigious work location

Qualifications

• Experience within risk and compliance in the financial services industry.
• Strong understanding of anti-money laundering (AML) principles.
• Ability to identify patterns or anomalies in financial data.

Responsibilities

• Monitor and analyse financial transactions for suspicious activities.
• Conduct investigations into flagged transactions.
• Prepare detailed reports on findings and actions.

Skills

Experience in financial services

Understanding of regulatory requirements

Analysing financial data

Excellent communication skills

Problem-solving skills

Familiarity with transaction monitoring systems

Proactive approach to industry developments

Job description

Growing Compliance function with great opportunities for development

A growing branch of a European Bank based in the City of London

About Our Client

This opportunity is with the branch of European Bank based in the City of London

Job Description

• Transaction Monitoring Analyst will be responsible for
• Monitor and analyse financial transactions to identify unusual or suspicious activities.
• Conduct thorough investigations into flagged transactions and elevate concerns as necessary.
• Prepare detailed reports and maintain accurate records of findings and actions taken.
• Collaborate with internal teams to ensure compliance with regulatory standards and company policies.Provide insights and recommendations to improve transaction monitoring processes.
• Stay updated on changes in financial regulations and best practices.
• Assist in the development and enhancement of monitoring tools and systems.
• Support audits and regulatory reviews related to transaction monitoring activities.

The Successful Applicant

A successful Transaction Monitoring Analyst should have:

• Experience in the financial services industry, particularly within risk and compliance.
• A strong understanding of regulatory requirements and anti-money laundering (AML) principles.
• Proficiency in analysing financial data and identifying patterns or anomalies.
• Excellent written and verbal communication skills for preparing reports and liaising with stakeholders.
• Strong problem-solving skills and attention to detail.
• Familiarity with transaction monitoring systems and tools.
• A proactive approach to staying informed about industry developments.

What's on Offer

• Competitive salary ranging from £49,500 to £60,500.
• Comprehensive health insurance and pension benefits.
• Opportunity to work in a prestigious location in the City of London
• Engaging role within the financial services industry.
• Supportive and professional work environment.
• Hybrid work - 3 days per week in office