At a Glance
- Tasks: Lead the global Transaction Monitoring team and enhance AML risk detection.
- Company: Join Checkout.com, a key player in fintech powering major digital transactions.
- Benefits: Flexible hybrid work model, career growth opportunities, and a supportive team culture.
- Other info: Dynamic environment with a focus on innovation and continuous improvement.
- Why this job: Make a real impact in financial crime prevention while working with cutting-edge technology.
- Qualifications: 10+ years in financial crime/AML roles with strong analytical and leadership skills.
The predicted salary is between 90000 - 110000 £ per year.
We’re Checkout.com. You might not know our name, but companies like eBay, Spotify, Klarna, Uber, and Sony do, because we’re behind many of the digital experiences you use every day. We are where the world checks out, enabling over 10 billion transactions yearly for more than one billion global shoppers. Our platform helps the most ambitious businesses deliver effortless digital experiences, at scale.
We're looking for a Senior Manager, Head of Transaction Monitoring for Checkout.com, based in London. You will join a growing international Compliance team, reporting into the Head of Financial Crime Controls. This role will lead the global Transaction Monitoring (TM) function, ensuring its effectiveness and scalability while aligning with Checkout.com’s AML policies and regulatory requirements.
Key responsibilities include:
- Leading the TM strategy and building and maintaining the TM framework.
- Coordinating cross-functionally to optimize and enhance detection models.
- Overseeing control effectiveness and managing both first-line TM operations and second-line financial crime investigations.
- Supporting broader financial crime controls and contributing to the enhancement of other key compliance functions as needed.
How You'll Make An Impact:
- Lead the global Transaction Monitoring team, providing strategic oversight and technical expertise on AML risk detection and mitigation.
- Oversee both 1LOD (alert investigations) and 2LOD (FIU and complex investigations), ensuring an effective end-to-end transaction monitoring process.
- Design, maintain, and continuously improve the TM framework.
- Work closely with Product and Engineering teams to develop, refine, and optimize transaction monitoring rules and scenarios.
- Implement quality assurance measures to monitor and enhance the effectiveness of investigations.
- Leverage data analytics and emerging technologies to enhance detection capabilities.
- Ensure compliance with global AML regulations by aligning transaction monitoring policies and processes with industry best practices.
- Provide subject matter expertise on AML risks to internal stakeholders.
- Monitor regulatory developments and industry trends.
- Lead and develop a high-performing team, fostering a culture of continuous improvement.
- Oversee MI reporting and key performance metrics.
What we’re looking for:
- Minimum 10 years of experience in a senior financial crime/AML role within a regulated financial institution, FinTech, or payments company.
- Deep understanding of AML transaction monitoring frameworks and regulatory expectations.
- Experience overseeing both first-line and second-line functions.
- Strong knowledge of payment flows and money laundering risks in the FinTech/payments sector.
- Experience working with technology teams to drive improvements in transaction monitoring infrastructure.
- Strong analytical skills and a data-driven mindset.
- Excellent stakeholder management and communication skills.
- Proactive, strategic thinker with a strong sense of accountability.
- Experience leading teams and driving operational excellence.
- Proficiency in transaction monitoring systems and tools.
We create the conditions for high performers to thrive, through real ownership, fewer blockers, and work that makes a difference from day one. Here, you’ll move fast, take on meaningful challenges, and be recognized for the impact you deliver.
Our hybrid working model offers flexibility, with three days per week in the office to support collaboration and connection.
Senior Manager, Head of Transaction Monitoring in London employer: Checkout.com
At Checkout.com, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters innovation and collaboration. Based in London, our hybrid working model provides flexibility while ensuring that you can engage with a high-performing team dedicated to making a meaningful impact in the fintech space. With ample opportunities for professional growth and a commitment to employee well-being, you'll find a supportive environment where your contributions are valued and recognised.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Manager, Head of Transaction Monitoring in London
✨Join Compliance Communities
Get involved in compliance and risk communities — both online and offline. Look for forums, LinkedIn groups, or even local meetups where compliance pros hang out. You never know who might drop a job opportunity your way!
✨Attend Industry Conferences
Keep an eye out for compliance and risk management conferences and workshops in your area. These events are a goldmine for networking, and they often have job boards or recruiters on-site looking for new talent. Plus, it’s a chance to learn what's trending in the field.
✨Leverage Your University Career Services
If you’ve recently graduated or are still studying, head over to your university's career services. Many companies, including those in compliance, actively recruit fresh talent through these services, so make sure you tap into that resource.
✨Showcase Your Knowledge Online
Start writing articles or blog posts about compliance topics that interest you. Share them on platforms like LinkedIn to demonstrate your knowledge and passion. This not only builds your presence in the field but can also catch the attention of companies like Checkout.com looking for candidates who are engaged and informed.
We think you need these skills to ace Senior Manager, Head of Transaction Monitoring in London
Some tips for your application 🫡
Show Your Understanding of Compliance:In the compliance-risk field, it's super important to showcase your understanding of regulations and risk management frameworks. Highlight any relevant coursework, certifications (like ICA or AML), or even projects that demonstrate your knowledge and commitment to this area. We want to see how you can navigate this complex landscape!
Quantify Your Achievements:When detailing your experience, try to quantify your achievements. For example, if you've previously worked on a project that improved compliance metrics or reduced risk exposure, give us the numbers! This data-driven approach really stands out to hiring managers in compliance-risk roles.
Tailor Your CV to Reflect Relevant Skills:Make sure your CV highlights skills that are particularly relevant to compliance, like attention to detail, analytical thinking, and report writing. Ensure these are easy to spot – consider using bullet points to break down your responsibilities and achievements for maximum impact!
Craft a Motivating Cover Letter:In your cover letter, let us know why you’re excited about the compliance-risk role at Checkout.com. Share what motivates you about compliance, and how you believe you can contribute to our mission. This is your chance to showcase not only your skills but also your passion for this important field!
How to prepare for a job interview at Checkout.com
✨Master the Regulations
Brush up on key compliance regulations relevant to the industry you're applying to. Familiarising yourself with specific laws and frameworks used in your field will give you an edge during technical questions. Show that you’re not just aware of them but can also apply them—think real-life scenarios!
✨Show Your Analytical Skills
Compliance roles really focus on analytical skills, so be prepared for case studies or situational questions during the interview. We've got to demonstrate how we approach risk assessments or compliance audits, possibly drawing on examples from past experiences or university projects. Bring some thoughtful case scenarios to discuss!
✨Know Your Tools
Get comfortable with commonly used compliance software and tools. Familiarity with platforms like RSA or MetricStream can really impress during your interview, as it shows you're ready to hit the ground running. If you’ve had any experience with them, make sure to highlight that!
✨Align with Company Culture
Since it's a full-time position, show your long-term commitment and interest in the company’s mission and values. Dive into how your ethics and professional philosophy align with Checkout.com’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
