At a Glance
- Tasks: Lead global transaction monitoring policy and ensure compliance across jurisdictions.
- Company: Join a forward-thinking company dedicated to combating financial crime.
- Benefits: Enjoy paid vacation, health insurance, and stock purchase options.
- Other info: Opportunity to mentor and develop teams in a dynamic environment.
- Why this job: Make a significant impact on global financial crime detection and regulatory partnerships.
- Qualifications: 10+ years in financial crime compliance with strong analytical skills.
The predicted salary is between 90000 - 110000 £ per year.
In this role you will own Remitly’s global transaction monitoring policy and coverage framework, ensuring robust design, thresholds, and model validation across jurisdictions. You will define standards for scenario design, tuning, and change control while aligning regional execution with a unified global program. You will assess regulatory changes, monitor effectiveness, and drive remediation with accountable owners. This position offers substantial influence over how we detect financial crime at scale and how we partner with regulators and internal teams to maintain trusted operations.
Pay / Benefits
- Paid Vacation Days
- Health insurance
- Commuter benefit
- Employee Stock Purchase Plan (ESPP)
- Mental Health Family Forming Benefits
- Continuing education
Responsibilities
- Own global transaction monitoring policy and standards for scenario design, thresholds, tuning, model validation, and change control
- Set procedural standards for regional teams while preserving global coherence
- Maintain control documentation and evidence for examiners and auditors
- Own the transaction monitoring coverage methodology across products, geographies, channels, and rails
- Maintain a living coverage assessment with defensible scope and rationale
- Identify and remediate coverage gaps and false negatives with accountable owners
- Define and manage scenario strategy for building, retiring, or updating detections
- Establish signal intake processes from regulators, partner banks, and industry bodies into coverage decisions
- Assess regulatory changes for monitoring impact and drive timely updates to scenarios and procedures
- Collaborate with Data Science, Engineering, and Product to deploy detection, including model governance and explainability
- Lead tuning and optimization cycles and coordinate testing with Compliance Assurance and Internal Audit
- Report program health and coverage posture to executive leadership and the board
- Mentor and develop the monitoring policy, coverage methodology, and governance to ensure repeatability
Key requirements
- 10+ years in financial crime compliance with global monitoring ownership
- Proven ability to defend coverage scope decisions to regulators
- Strong command of AML, sanctions, and fraud typologies across products and geographies
- Hands-on analytical capability with SQL or equivalent for threshold analysis
- Experience with monitoring technology and model-based detection including governance and validation
- Track record managing monitoring programs under multi-jurisdictional regulatory examinations
- Experience translating regulatory changes and new product launches into monitoring requirements with deadlines
- Executive-level written and verbal communication under examiner pressure
- Experience leading and building teams
Head of Global Transaction Monitoring (UK based) employer: Remitly
At Remitly, we pride ourselves on being an exceptional employer that champions innovation and collaboration in the heart of London. Our Connected Work Culture not only encourages dynamic teamwork but also offers a wealth of benefits including health insurance, paid vacation days, and opportunities for continuing education, ensuring that our employees thrive both personally and professionally. Join us to be part of a diverse team dedicated to transforming lives through trusted financial services, where your contributions truly make a difference.
StudySmarter Expert Advice🤫
We think this is how you could land Head of Global Transaction Monitoring (UK based)
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
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Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Remitly. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Head of Global Transaction Monitoring (UK based)
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Remitly.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Remitly's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Remitly
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Remitly.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Remitly will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Remitly employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
