Head of Transaction Monitoring
Head of Transaction Monitoring

Head of Transaction Monitoring

Full-Time 32000 - 48000 £ / year (est.) Home office possible
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At a Glance

  • Tasks: Lead transaction monitoring and fraud processes, ensuring compliance and effective oversight.
  • Company: Marcura revolutionises digital processes in the global shipping industry with innovative solutions.
  • Benefits: Enjoy a competitive salary, flexible remote work, wellness support, and global opportunities.
  • Why this job: Join a diverse team making a real-world impact in a rapidly growing tech company.
  • Qualifications: Bachelor’s degree and experience in transaction monitoring or financial crime prevention required.
  • Other info: Be part of a culture that values inclusion, diversity, and personal growth.

The predicted salary is between 32000 - 48000 £ per year.

Join Marcura as Head of Transaction Monitoring – A Remote First Opportunity with Flexible Work Culture.

About Us

Marcura was founded 23 years ago by two visionary entrepreneurs. Our mission has always been to revolutionize digital processes within the global shipping industry. We achieve this by putting our customers first and creating innovative solutions that make a real-world impact. Our team is diverse, dynamic, and dedicated to driving forward a more efficient, tech-enabled future in maritime. With over 650 customers across 53 countries, an energetic team of 980+ members worldwide, and ambitious growth targets for 2025, we’re poised for continued success. Now, we’re looking for talented individuals who are as committed to excellence as we are to join us in this exciting journey.

About the Role:

MarTrust Corporation Limited (‘’MarTrust’’) is an Authorised Payment Institution, regulated by the UK’s Financial Conduct Authority (“FCA”), providing payments solutions and services focused on the maritime industry. This role will lead MarTrust’ Transaction Monitoring function and plays a key role in ensuring the effective and efficient oversight of fraud and financial crime risks, with a focus on AML transaction monitoring operations. The role is responsible for ensuring all processes remain compliant with regulatory requirements and aligned with MarTrust internal risk framework.

Your Day-to-Day Will Involve:

  • Overseeing and owning the Transaction Monitoring and Fraud Processes.
  • Owning and managing the Transaction Monitoring and Fraud processes: including but not limited to potential fraud cases, post transaction monitoring (based on rules; periodic reviews and event driven reviews) in accordance with our Internal Service Level Guidance. Ensuring full compliance with regulatory obligations and MarTrust’s policies and procedures.
  • Reporting potential or actual breaches to MLROs.
  • Maintain an up-to-date Business Continuity Plan (BCP) for transaction monitoring and provide support across other compliance operations as needed.

Team Lead of the Transaction Monitoring Team

  • Manage and develop the transaction monitoring team, promoting compliance, accountability, and high operational standards.
  • Provide clear direction through effective delegation, empowering team members to take ownership of their responsibilities while maintaining oversight and support.

Overseeing suspicious activity and escalation

  • Oversee the detection, investigation and escalation of suspicious activities.
  • Ensuring timely, accurate and risk-appropriate responses to potential fraud or financial crime incidents in line with regulatory expectations and internal policies.

Performance Monitoring and Reporting

  • Develop and maintain key performance indicators (KPIs) and metrics for monitoring operational effectiveness, identifying trends and risks, and operational recommendations to leadership.
  • Drive continuous improvement of transaction monitoring processes, focusing on optimizing efficiency and effectiveness through system enhancements and process automation.

Transaction Monitoring and Fraud awareness training

  • Deliver regular training to staff on transaction monitoring and fraud-related topics.
  • Address knowledge gaps with customized training and development initiatives.

Responsible for corrective actions and controls

  • Ensuring the implementation of corrective actions in response to compliance monitoring programs, incidents, (internal/external) audits, within a timely manner.

Collaboration with senior management

  • Ensure effective and timely reporting to senior management and regulator.
  • Liaising with internal and external stakeholders to ensure alignment and communication.
  • Duly presenting transaction monitoring processes during audits.

Qualifications We’re Looking For:

  • Bachelor’s degree, ICA Diploma in Compliance, ACAMS or equivalent.
  • Proven experience leading a transaction monitoring or financial crime prevention functions within a regulated entity, ideally within UK and Europe.
  • Strong knowledge of AML regulations, typologies, and regulatory expectations in the UK (FCA).
  • Experience with cross-border payments and high-volume transactions environments.
  • Demonstrated ability to manage fraud and financial crime risk in operational settings.
  • Track record of improving processes and systems to enhance detection and efficiency.
  • Experience managing teams and working with internal and external stakeholders.
  • Strong written and verbal communication skills with the ability to explain complex compliance issues in business-friendly terms.
  • Proven leadership skills with the ability to manage, motivate, and develop a diverse team of compliance professionals.
  • Ability to manage and lead change, ensuring the team adapts effectively to evolving regulatory requirements.
  • In-depth understanding of the UK regulatory environment, including the Financial Conduct Authority (FCA) requirements, Payment Services Regulations, PSD2, and anti-money laundering (AML) laws.
  • Strong analytical skills with the ability to interpret data, identify trends, and develop risk mitigation strategies.
  • Ability to engage with senior stakeholders and influence decisions to ensure Transaction Monitoring is aligned with strategic business goals.

Why Marcura? Here’s What We Offer:

  • Competitive Salary and Bonus: We reward your expertise and contributions.
  • Flexible, Remote-First Culture: Work remotely with occasional in-office events and project days to foster collaboration and team spirit.
  • Inclusive Onboarding Experience: Our onboarding program is designed to set you up for success right from day one.
  • Marcura Wellness Zone: We value your work-life balance and well-being.
  • Global Opportunities: Be part of an ambitious, expanding company with a local touch.
  • Monthly Performance Support: Our modern performance management framework empowers you to reach your full potential.
  • Diverse, Supportive Work Culture: We’re committed to inclusion, diversity, and a sense of belonging for all team members.

Our Vision and Values

Marcura’s innovative products continue to shape the maritime industry, enhancing productivity and creating a positive, lasting impact. By automating repetitive tasks, we empower maritime professionals to focus on more strategic, rewarding work. We’re proud of our progress in diversity, particularly in increasing gender representation in a traditionally male-dominated industry. At Marcura, we believe in hiring exceptional people and fostering a workplace where everyone can thrive. Ready to make a difference in a rapidly growing, global tech company? Apply today and let’s chart the course forward, together.

Head of Transaction Monitoring employer: MarTrust

Marcura is an exceptional employer that champions a flexible, remote-first work culture, allowing employees to balance their professional and personal lives effectively. With a strong commitment to diversity and inclusion, Marcura fosters a supportive environment where team members can thrive and grow, backed by competitive salaries, wellness initiatives, and global opportunities for career advancement. Join us in shaping the future of the maritime industry while enjoying a collaborative and innovative workplace.
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Contact Detail:

MarTrust Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Head of Transaction Monitoring

Tip Number 1

Familiarise yourself with the latest AML regulations and typologies, especially those relevant to the UK and Europe. This knowledge will not only help you in interviews but also demonstrate your commitment to compliance and understanding of the industry.

Tip Number 2

Network with professionals in the maritime and financial crime prevention sectors. Engaging with industry peers can provide valuable insights and potentially lead to referrals, increasing your chances of landing the job.

Tip Number 3

Prepare to discuss your experience in managing teams and improving processes during the interview. Highlight specific examples where you've successfully led a team or implemented changes that enhanced operational efficiency.

Tip Number 4

Showcase your analytical skills by being ready to discuss how you've interpreted data to identify trends and mitigate risks in previous roles. This will demonstrate your ability to contribute to MarTrust's goals effectively.

We think you need these skills to ace Head of Transaction Monitoring

Leadership Skills
Transaction Monitoring Expertise
AML Regulations Knowledge
Fraud Prevention Techniques
Risk Management
Regulatory Compliance
Data Analysis
Performance Monitoring
Team Development
Communication Skills
Stakeholder Engagement
Process Improvement
Training and Development
Analytical Skills
Change Management

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in transaction monitoring and financial crime prevention. Use keywords from the job description to demonstrate that you meet the qualifications Marcura is looking for.

Craft a Compelling Cover Letter: Write a cover letter that showcases your leadership skills and experience in managing compliance teams. Explain how your background aligns with Marcura's mission and values, particularly in the maritime industry.

Highlight Relevant Qualifications: Clearly list your qualifications such as your degree, ICA Diploma in Compliance, or ACAMS certification. Emphasise your knowledge of AML regulations and any experience with cross-border payments, as these are crucial for the role.

Showcase Analytical Skills: Provide examples of how you've used analytical skills to interpret data and develop risk mitigation strategies. This will demonstrate your ability to enhance transaction monitoring processes effectively.

How to prepare for a job interview at MarTrust

Understand the Regulatory Landscape

Familiarise yourself with the UK regulatory environment, especially the FCA requirements and AML laws. Be prepared to discuss how these regulations impact transaction monitoring and fraud prevention in the maritime industry.

Showcase Leadership Experience

Highlight your experience in managing teams and leading compliance functions. Be ready to provide examples of how you've motivated and developed team members while ensuring high operational standards.

Demonstrate Analytical Skills

Prepare to discuss your analytical abilities, particularly in interpreting data and identifying trends related to financial crime risks. Share specific instances where your insights led to improved processes or risk mitigation strategies.

Communicate Clearly

Practice explaining complex compliance issues in simple, business-friendly terms. Effective communication is key, especially when liaising with senior stakeholders and presenting findings during audits.

Head of Transaction Monitoring
MarTrust
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