At a Glance
- Tasks: Lead transaction monitoring and fraud detection to strengthen financial crime controls.
- Company: Established bank with a focus on innovation and compliance.
- Benefits: Hybrid working model, competitive salary, and opportunities for professional growth.
- Other info: Join a team that values collaboration and offers career advancement.
- Why this job: Make a real impact in financial crime prevention while working in a dynamic environment.
- Qualifications: 12+ years in financial crime operations with expertise in transaction monitoring.
The predicted salary is between 70000 - 90000 € per year.
Morson Edge are currently seeking a Financial Crime Ops Manager to join an established bank in Transaction Monitoring to play a key role in strengthening its financial crime control framework. Reporting to the Financial Crime Operations Managers, this role focuses on high-volume transaction processing, fraud detection, regulatory compliance, and supporting digital payment services, including BaaS offerings. The role would be London based on a hybrid working model.
Transaction Monitoring Key Responsibilities
- Lead the day-to-day management of the Transaction Monitoring and Screening (TMS) and Fraud detection framework in the First Line of Defence.
- Ensure effective investigation and resolution of TM alerts in a timely and risk-sensitive manner.
- Own and drive periodic rule calibration, tuning and optimisation of scenarios to reduce false positives and capture emerging risks as well as provide technical and strategic input into product and service development from the perspective of ensuring that TM systems are calibrated effectively.
- Monitor performance metrics (e.g., alert volumes, SLA adherence, quality of investigations).
Requirements
- 12+ years' experience in financial crime operations, with significant time spent in Transaction Monitoring and/or Fraud prevention.
- Strong background leading teams in multiple jurisdictions.
- 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.
Financial Crime Operations - Transaction Monitoring Leader employer: Morson Edge (Financial Services)
Morson Edge is an exceptional employer, offering a dynamic work environment in the heart of London where innovation meets compliance. With a strong focus on employee development and a hybrid working model, we empower our team to excel in financial crime operations while fostering a culture of collaboration and integrity. Join us to be part of a forward-thinking bank that values your expertise and provides opportunities for growth in a rapidly evolving sector.
Contact Detail:
Morson Edge (Financial Services) Recruiting Team
StudySmarter Expert Advice🤫
We think this is how you could land Financial Crime Operations - Transaction Monitoring Leader
✨Tip Number 1
Network like a pro! Reach out to your connections in the financial crime sector and let them know you're on the lookout for opportunities. A friendly chat can lead to insider info about job openings that aren't even advertised yet.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of transaction monitoring systems and fraud detection techniques. We recommend practising common interview questions and scenarios related to financial crime operations to show you're the right fit for the role.
✨Tip Number 3
Showcase your leadership skills! If you've led teams in multiple jurisdictions, make sure to highlight this experience during interviews. We want to see how you can drive performance and improve processes in a fast-paced environment.
✨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 take the initiative to connect directly with us.
We think you need these skills to ace Financial Crime Operations - Transaction Monitoring Leader
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the role of Financial Crime Ops Manager. Highlight your experience in transaction monitoring and fraud prevention, and don’t forget to mention any relevant systems you’ve worked with, like Lexis Nexis or ComplyAdvantage.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Talk about your leadership experience and how you've successfully managed teams in financial crime operations.
Showcase Your Achievements:When detailing your experience, focus on specific achievements. Did you reduce false positives in transaction monitoring? Did you improve investigation times? Numbers and examples will make your application stand out!
Apply Through Our Website:We encourage you to apply through our website for the best chance of success. It’s straightforward and ensures your application goes directly to us, so we can review it promptly!
How to prepare for a job interview at Morson Edge (Financial Services)
✨Know Your Stuff
Make sure you brush up on your knowledge of transaction monitoring and fraud detection. Familiarise yourself with the latest trends in financial crime operations, especially around Lexis Nexis TM systems and ComplyAdvantage. Being able to discuss these topics confidently will show that you're serious about the role.
✨Showcase Your Leadership Skills
Since this role involves leading teams, be prepared to share examples of how you've successfully managed teams in the past. Think about specific challenges you've faced and how you overcame them. This will demonstrate your capability to lead effectively in a high-volume environment.
✨Be Ready for Scenario Questions
Expect questions that put you in hypothetical situations related to transaction monitoring and fraud prevention. Practice articulating your thought process on how you would handle alerts, rule calibration, and performance metrics. This will help you showcase your analytical skills and strategic thinking.
✨Ask Insightful Questions
Prepare some thoughtful questions to ask at the end of your interview. Inquire about the bank's current challenges in financial crime operations or how they measure success in their transaction monitoring framework. This shows your genuine interest in the role and helps you assess if it's the right fit for you.
