At a Glance
- Tasks: Transform financial crime operations and optimise transaction monitoring processes.
- Company: Leading financial services firm with a focus on innovation.
- Benefits: Competitive day rates, hybrid work model, and impactful projects.
- Other info: Join a dynamic team with opportunities for professional growth.
- Why this job: Make a real difference in combating financial crime while enhancing your consulting skills.
- Qualifications: Experience in AML, financial crime, and transformation programmes required.
The predicted salary is between 60000 - 80000 £ per year.
We are seeking an experienced Transaction Monitoring Transformation Consultant to support a financial services client undertaking a strategic review of its financial crime operations. This is an opportunity for an experienced independent consultant to assess current transaction monitoring processes, identify operational inefficiencies and recommend improvements across people, processes and technology.
The engagement will focus on reviewing the current transaction monitoring operating model, understanding existing workflows and identifying opportunities for process re-engineering, automation and improved operational effectiveness.
Key Responsibilities:- Conduct current-state reviews of transaction monitoring processes and operating models
- Assess alert generation, triage, investigation and escalation processes
- Review case management workflows and operational controls
- Identify process inefficiencies, duplication and opportunities for improvement
- Assess opportunities to improve operational productivity and reduce manual effort
- Identify automation and workflow optimisation opportunities
- Develop recommendations for financial crime process optimisation
- Support development of target operating models and transformation roadmaps
- Present findings and recommendations to senior stakeholders
- Proven experience delivering transformation programmes within banking or financial services
- Strong background in AML, financial crime and transaction monitoring operations
- Experience reviewing financial crime operating models and processes
- Understanding of transaction monitoring workflows, investigations and case management
- Experience identifying operational efficiencies and automation opportunities
- Strong stakeholder management and communication skills
- Experience within regulated banking environments
- Previous consulting experience (Big 4 PWC, Deloitte, EY, KPMG, boutique consultancy or independent advisory)
- Experience with AML technology platforms and workflow solutions
- Experience reducing operational costs, improving productivity or optimising financial crime functions
- Experience across onboarding, KYC or wider financial crime transformation
Apply with your latest CV, using the links provided.
Transaction Monitoring Transformation Consultant in London employer: FINCROFT
As a leading player in the financial services sector, we pride ourselves on fostering a dynamic and inclusive work culture that prioritises employee growth and development. Our London-based team enjoys the flexibility of a hybrid working model, competitive day rates, and the opportunity to engage in meaningful transformation projects that directly impact financial crime operations. Join us to collaborate with industry experts and drive innovative solutions in a supportive environment that values your expertise and insights.
StudySmarter Expert Advice🤫
We think this is how you could land Transaction Monitoring Transformation Consultant in London
✨Show Off Your Expertise Online
In the banking and financial services world, sharing your insights on platforms like LinkedIn can really set you apart. Write articles about market trends or finance tips, and engage in discussions in relevant groups. This not only boosts your visibility but also highlights your knowledge to potential clients.
✨Join Freelance Platforms and Networking Events
Freelancing in finance can be competitive, so make sure you're on platforms like Upwork or Fiverr, specifically targeting finance gigs. Also, look for finance networking events or webinars to connect with small businesses that might need your services. Meeting people face-to-face (or online) can score you those elusive freelance contracts.
✨Build a Stunning Portfolio
Since you're going freelance, having a solid portfolio is a must. Showcase your previous work, such as reports or analyses, and consider using case studies to highlight your approach. The more you can demonstrate your skills, the easier it is for clients to trust you with their finances.
✨Direct Outreach is Key
For freelance gigs, don't wait for opportunities to come to you. Identify companies or startups that align with your skills and reach out directly. A personalised message introducing yourself and proposing how you could add value can go a long way. Plus, keep an eye on FINCROFT for freelance opportunities—they might have just what you’re looking for!
We think you need these skills to ace Transaction Monitoring Transformation Consultant in London
Some tips for your application 🫡
Showcase Your Financial Savvy:When applying for a freelance role in banking and financial services, we need to see your expertise front and centre! Mention specific financial regulations or tools you've mastered, and feel free to include your relevant qualifications, like CFA or ACCA, to bolster your credibility.
Build a Stellar Portfolio:Since this is a freelance gig, your portfolio is your ticket to impressing us at FINCROFT. Include examples of past projects you've completed—think financial analyses, investment reports, or forecasting models. Be sure to highlight the results you achieved!
Tailor Your Rates and Availability:We want to see that you're flexible and can align with our needs. Clearly outline your freelance rates, availability for projects, and whether you're open to long-term collaborations or just ad-hoc gigs. This makes it easier for us to understand how we can work together!
Craft a Compelling Cover Letter:In your cover letter, express not just your skills, but also why you're excited about joining FINCROFT. Share your passion for financial services and how you plan to tackle challenges in this sector. This is your chance to connect on a personal level—make it count!
How to prepare for a job interview at FINCROFT
✨Show Off Your Financial Savvy
When you're talking with FINCROFT, make sure to highlight your experience with financial modelling, risk assessment, or portfolio management. Freelance work often requires a good level of financial literacy, so prepare to discuss any relevant tools you've used, whether it's Excel or specific financial software.
✨Bring Your Portfolio to Life
A freelance role means you’ll want to showcase your previous work effectively. Put together a portfolio that not only highlights your projects but also demonstrates the outcomes - think case studies or success stories that showcase how your financial skills made a difference for past clients.
✨Know Your Regulations and Compliance
In the banking and financial services world, understanding compliance and regulations is crucial. Make sure you’re up to date with the latest standards as they relate to your expertise. Be prepared for specific questions about how you've navigated these in past roles or how you'd approach potential compliance challenges.
✨Be Ready to Discuss Your Rates and Availability
As a freelancer, the topic of rates and availability can come up early on. Be clear about what you offer and how you charge. It might also help to have a few examples in mind where your expertise saved someone money or improved efficiency to justify your rates to FINCROFT.
