At a Glance
- Tasks: Lead a team in transaction monitoring and fraud detection to safeguard against financial crime.
- Company: Join the Bank of London, a cutting-edge UK clearing bank with a focus on innovation.
- Benefits: Competitive salary, hybrid work model, and opportunities for professional growth.
- Other info: Dynamic environment with a focus on collaboration and operational excellence.
- Why this job: Make a real impact in banking technology while ensuring compliance and security.
- Qualifications: 12+ years in financial crime operations with expertise in transaction monitoring.
The predicted salary is between 100000 - 140000 € per year.
Office Location: London | Hybrid (3 days in office) | Salary Range: £100,000 - £140,000
Bank of London is one of only six UK clearing banks with direct access to the country's payment systems. Built on modern, cloud-native technology, we provide businesses with secure, API-driven banking that's fast, compliant, and built for growth. Our role is simple: help ambitious businesses turn their plans into reality by removing barriers and simplifying complexity. If you want to work where technology meets banking, where security comes first, and where your work directly enables business ambition, you're in the right place.
The role is a key leadership position, reporting into the Financial Crime Operations Director and responsible for overseeing a key element of the Bank’s control framework. You will play a pivotal role in managing high-volume transaction processing, driving digital transformation, ensuring regulatory compliance, and delivering outstanding service to our payment firm clients including BaaS use cases supporting retail. You will also lead on the ongoing development, enhancement and calibration of our transaction monitoring infrastructure.
We are seeking a proactive and experienced Head of Transaction Monitoring to lead our 1LOD TMS Operations team. This senior role is critical in safeguarding the firm against financial crime by ensuring effective transaction monitoring, screening, and fraud detection, and timely escalation of suspicious activity. You will lead a team of analysts, own the end-to-end calibration of transaction monitoring rules, and support the development of financial crime controls for new and existing products. The role also demands strong hands-on experience with LexisNexis tools.
You’ll bring strong communication skills, a collaborative mindset, and a proven ability to navigate complex problems. Success in this role will require resilience, an ability to prioritise, stakeholder management skills and an appetite to be challenged. You’ll thrive in a dynamic environment where responsiveness, relationship management, and operational excellence are key.
Requirements
- 12+ years' experience in financial crime operations, with significant time spent in Transaction Monitoring and/or Fraud prevention
- Deep knowledge of Lexis Nexis TM systems, logic and typologies, ideally in a fast-moving environment
- Experience with NBFIs, in particular EMIs
- Demonstrated expertise using ComplyAdvantage and LexisNexis platforms
- Prior experience owning TM rule calibration and scenario tuning
- Experience designing or supporting financial crime controls in new product launches
- Strong people management skills with a track record of leading high-performing teams
Senior Operations Manager - Transaction Monitoring & Screening in London employer: Bank of London
At Bank of London, we pride ourselves on being a forward-thinking employer that champions innovation and security in the banking sector. Our hybrid work model fosters a balanced work-life environment, while our commitment to employee development ensures that you will have ample opportunities for growth and advancement. Join us in London, where your expertise in transaction monitoring will not only safeguard our clients but also contribute to a culture of excellence and collaboration.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Operations Manager - Transaction Monitoring & Screening in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the banking and financial crime sectors. Attend industry events or webinars to meet potential employers and get your name out there. Remember, it’s all about who you know!
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand their approach to transaction monitoring and fraud prevention. Tailor your answers to show how your experience aligns with their needs—this will make you stand out!
✨Tip Number 3
Showcase your skills through real-life examples. When discussing your experience, highlight specific achievements in managing transaction monitoring systems or leading teams. Use metrics to demonstrate your impact—numbers speak volumes!
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive and engaged with our brand. Let’s get you that Senior Operations Manager role!
We think you need these skills to ace Senior Operations Manager - Transaction Monitoring & Screening in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV speaks directly to the role of Senior Operations Manager. Highlight your experience in transaction monitoring and fraud prevention, and don’t forget to mention your hands-on experience with LexisNexis tools. We want to see how your background aligns with our needs!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to showcase your passion for financial crime operations and how you can contribute to our mission at the Bank of London. Be sure to mention specific achievements that demonstrate your leadership skills and problem-solving abilities.
Showcase Your Communication Skills:In this role, strong communication is key. Make sure your application reflects your ability to convey complex ideas clearly and effectively. Whether it’s in your CV or cover letter, we want to see examples of how you've successfully managed stakeholders and led teams.
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, you’ll get to explore more about our culture and values while you’re at it!
How to prepare for a job interview at Bank of London
✨Know Your Stuff
Make sure you brush up on your knowledge of transaction monitoring and financial crime operations. Familiarise yourself with LexisNexis tools and the specific systems mentioned in the job description. Being able to discuss these topics confidently will show that you're serious about the role.
✨Showcase Your Leadership Skills
As a Senior Operations Manager, you'll need to demonstrate your ability to lead teams effectively. Prepare examples of how you've managed high-performing teams in the past, focusing on your people management skills and how you've navigated complex problems.
✨Be Ready for Scenario Questions
Expect questions that assess your problem-solving abilities and decision-making skills. Think of scenarios where you've had to calibrate transaction monitoring rules or handle suspicious activity. Use the STAR method (Situation, Task, Action, Result) to structure your answers.
✨Emphasise Your Collaborative Mindset
This role requires strong communication and stakeholder management skills. Be prepared to discuss how you've worked collaboratively in previous roles, especially in dynamic environments. Highlight any experiences where you've successfully built relationships to drive operational excellence.
