Transaction Monitoring Officer

cer Financial; London; Hybrid; GBP 40,000; Full time

Job summary

A leading financial services firm is seeking a Transaction Monitoring Officer to oversee compliance processes and ensure regulatory obligations are met. This permanent hybrid role offers a competitive salary of £40k with a focus on strategic development and monitoring of compliance frameworks.

Qualifications

• Solid compliance experience in financial services.
• Knowledge of FCA/PRA Handbook, Financial Crime, AML processes.
• Ability to resolve complex problems strategically.

Responsibilities

• Design and monitor compliance monitoring plan.
• Assess effectiveness of compliance measures.
• Maintain Compliance policies and AML Policies.
• Assist with Compliance/AML staff training.

Skills

Compliance experience

Strategic thinking

Creative problem-solving

Judgment

Job description

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Job Description

Transaction Monitoring Officer
£40k salary
Annual bonus
Hybrid (3 days per week in Moorgate office) –
Permanent

Job details:

1. To design, develop and monitor compliance monitoring plan and conduct reviews in accordance with approved methodology covering inter alia: review execution, sample sizes, share findings, escalation process, Management Information (MI) reporting, issues tracking and record keeping.
2. To monitor and regularly assess the adequacy and effectiveness of the measures, controls and procedures put in place by the business and the First Line of defence, ensuring the bank’s compliance with its regulatory obligations.
3. Development and maintenance of Compliance policies & Processes, Manuals and AML Policies.
4. To assist and oversee relevant Compliance/AML staff training to be rolled out annually.

Requirements:

1. Solid compliance experience in a financial services environment, acting as a compliance officer or Compliance representative at a senior level.
2. Practical knowledge of FCA/PRA Handbook, SYSC, JMLSG, BCOBS, Financial Crime, ABC, etc.
3. Working knowledge of areas such as Trade Finance, Correspondent Banking, Complaints, FATCA, and AML processes.
4. Proven ability to think strategically and translate concepts into effective processes.
5. Highly developed creative skills to resolve complex problems and identify alternatives where procedures exist.
6. Ability to demonstrate decisiveness and sound judgment consistently.

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