Transaction Monitoring Analyst

Mrieħel, Malta Island
Permanent
Full-time

7 hours ago
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On behalf of our client, an international FinTech firm, GRS Recruitment is looking for a Transaction Monitoring Analyst to join their team in Malta. This position falls under our Cross Borders line of business and is based from our Malta office. In this role you will form part of the Compliance team whose main duty is to safeguard the organisation by analysing customer activity, perform investigations and ensure all AML and payment related controls are adhered to. This is a fantastic opportunity to apply your experience within a fast paced and exciting environment. You will report into the Head of Transaction Monitoring and regularly collaborate with other teams across the division. If you feel you meet the criteria, please apply for this Malta based role.MAIN DUTIES AND RESPONSIBILITIES

Conducting detailed investigations into flagged transactions and client activity, documenting findings and assessing exposure or potential non-compliance with internal policy or regulatory requirements.
Maintaining accurate, complete, and timely records of investigations in accordance with internal policies and applicable AML/CFT regulations.
Being responsible for identifying suspicious activity and following process to report these where required.
Collaborating with internal teams to validate alerts, ensure consistency in decision-making, and escalate confirmed or high-risk cases for further review or regulatory reporting
Contributing to ongoing development of transaction monitoring framework by proposing process improvements and control enhancements.
Providing operational support to internal stakeholders, including assisting Customer Support and Onboarding teams in resolving transaction-related queries or risk reviews.
Mastering various compliance platforms and systems to streamline department workflow.
Being involved in the delivery of compliance projects ensuring technical excellence and a practical, business driven approach.
Staying up to date on sanctions and regulatory changes.
Assessing transaction plausibility based on KYC and raise any red flags to the Compliance Department.
Escalating and report suspicious activity when identified via the official channels.

CANDIDATE PROFILE

Bachelor’s degree in finance, Business, or a related field. A relevant professional certification (e.g., ACAMS, CFE) is highly desirable.
Proven experience (2 years) in a similar role, preferably within the financial services industry, with a strong focus on EU and UK regulatory compliance and transaction monitoring.
In-depth knowledge of EU and UK regulatory frameworks, including the 4th and 5th Anti-Money Laundering Directives, EU Funds Transfer Regulation, UK Money Laundering Regulations, and other relevant directives and regulations.
Familiarity with transaction monitoring tools and systems, and the ability to leverage technology for efficient and effective monitoring in accordance with EU and UK standards.
Excellent analytical skills, with the ability to interpret complex financial data, identify patterns, and draw sound conclusions aligned with EU and UK regulations.
Strong problem-solving and decision-making abilities, with the capacity to exercise judgment and make appropriate recommendations within the EU and UK regulatory requirements.

COMPANY BENEFITS

Private Health Insurance and Life Insurance for all employees from Day 1 of employment, including private hospital coverage.
Pension scheme.
Employee Assistance Programme (EAP).
Annual fitness allowance.
Sponsored learning and development.
Quarterly Events & Celebrations.
Brand new state-of-the-art office.

Due to the high volume of applications, we receive at GRS Recruitment, only shortlisted candidates will be responded to.To apply for this position, please email your CV to Michelle Cooper, michellec@grsrecruitment.com quoting the above job reference.

GRS Recruitment