We are seeking experienced Transaction Monitoring Analysts with demonstrable expertise handling end-to-end TM cases for complex and high-risk client segments. This includes Money Service Businesses (MSBs), Payment Service Providers (PSPs), and other financial institutions. A strong understanding of the inherent risks posed by these entities is essential for consideration as well as experience escalate cases to the Second Line of Defence (2LoD) where appropriate.


*Location - Hybrid /London (4 days in office)
*Rate - £275 per day
*Hours - Standard Business Hours
*Start - ASAP
*Duration - Initial 8 week contract with likely extension/permanent opportunity


Responsibilities


*Conduct thorough reviews and investigations of alerts generated by transaction monitoring and name-screening tools, in line with internal policies and procedures.
*Review, assess, and accurately disposition alerts within defined SLAs, documenting clear, concise, and well-supported rationales.
*Review and manage escalations from 1LoD colleagues, determining appropriate next steps and ensuring timely resolution in accordance with internal procedures.
*Maintain accurate, complete, and auditable records of investigations, ensuring full traceability of decisions.
*Engage proactively with key stakeholders, including Payment Operations, CDD, Client & Growth, and 2LoD Financial Crime & Risk teams.
*Support the production, analysis, and enhancement of Management Information (MI) to strengthen monitoring and control frameworks.
*Take ownership of additional tasks, processes, or project work within the Transaction Monitoring & Screening team as required.
*Collaborate with wider anti-financial crime teams to assess payment flows and identify emerging financial crime risk indicators.


Experience
*Experience in end to end transaction monitoring in a commercial or wholesale banking environment.
*Similar experience within a clearing bank would be a distinct advantage
*Must have experience monitoring high-risk and complex client types, including MSBs. PSPs and financial institutions.
*Strong understanding of financial crime risks.
*Experience with escalations cases to 2LOD
*Familiarity with financial crime systems and alerting tools.
*Strong investigative and analytical skills with high attention to detail.
*Ability to make sound risk-based decisions and clearly articulate rationale.
*Effective stakeholder management and communication skills.
*Ability to manage workload effectively and meet SLAs in a fast-paced environment.
*Strong documentation and record-keeping skills with an audit-focused mindset.
*Proactive, collaborative, and adaptable approach to work.