Head of Financial Crime - Transaction Monitoring

Our client, a global Banking Group is seeking to appoint a Head of Financial Crime – Transaction Monitoring professional in London. This is an exceptional opportunity to lead on strategic projects and provide leadership of the day-to-day supervision of a high performing Transaction Monitoring team.

As Director, Head of Financial Crime Transaction Monitoring the successful candidate will focus primarily on the framework for the automated monitoring of client activity as well as providing expert advice in AML Transaction Monitoring to the business.

Responsibilities include.

• Manage a high performing team including oversight of workload and ensure the quality of Transaction Monitoring activities.
• Providing expert strategic advice to First and Second Line Business/Compliance on emerging risks, legislation, technology etc. and tactical advice on day to day activities.
• Ensure a robust and effective AML Transaction Monitoring framework and review programme is in place across CIB.
• Oversee the regular review of, and improvements to monitoring systems and thresholds/parameters to ensure continued detection of unusual activity is as reliable.
• Provide strategic oversight of UK transaction monitoring developments.
• Provide thought leadership on possible improvements to both monitoring technology and other, non-IT elements of identifying unusual activity.
• Provide thought leadership on the use of non-rule based TM technologies e.g. artificial intelligence.
• Maintain continuous oversight of AML risks identified, with associated financial crime models.

The successful candidate will have deep expertise in AML risk, surveillance and transaction monitoring as well as expert knowledge of specific Compliance and/ or company-wide policies, procedures, regulations and legislation, particularly in relation to AML regimes. Additionally, you will have proven experience working with AML transaction monitoring technology and have exceptional leadership expertise and skills.

For more information please reach out to claire.singer@robertwalters.com

Robert Walters Operations Limited is an employment business and employment agency and welcomes applications from all candidates