Senior Analyst - Transaction Monitoring
- Malta Island
- €44,000-50,000 per year
- Permanent
- Full-time
- Monitoring client transactions in line with the Monitoring Policy
- Review corporate clients to assess AML and fraud risk
- Review incoming, outgoing and internal payments to assess rationale
- Conduct client sample testing in line with defined program
- Ensure compliance alerts are cleared in a timely fashion
- Master various compliance platforms and systems to streamline department workflow
- Identify suspicious activity and follow the process to report these where required
- Involvement in the delivery of compliance projects ensuring technical excellence and a practical, business-driven approach
- Stay updated by participating in educational opportunities; reading professional publications
- Responding to queries from various business units promptly and efficiently
- Liaise with internal and external parties in relation to RFI requests
- Work with the front office/client services to give clear direction on customer due diligence requirements.
- Conduct in depth analysis of multi-party payment flows and document the control framework
- Review corporate, payment service providers and merchant clients to assess AML and fraud risk.
- Develop and enhance existing transaction monitoring program to facilitate mass payment monitoring.
- Production of MI and reports to enable business to assess key risks.
- Support the delivery of compliance training to new members of the department.
- Work closely with the Head of transaction Monitoring to identify any major issues in relation to compliance
- Strengthening the onboarding and monitoring controls to compensate for the enhanced risk that this diverse client base presents
- To continually develop and maintain a level of compliance, fraud and AML expertise in the business
- Assist the Head of Transaction Monitoring by providing guidance, regulatory and financial crime advice as required
- Ability to act as an escalation point for junior members of the team
- Proven experience (3+ years) in a similar role, preferably within the financial services industry, with a strong focus on EU and UK regulatory compliance and transaction monitoring
- 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.
- 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.
- Bachelor's degree in finance, Business, or a related field. A relevant professional certification (e.g., ACAMS, CFE) is highly desirable.