Transaction Monitoring Manager, Plenitude
3 days a week in office
Financial crime risk & compliance consultancy
Job no longer available
Financial crime risk & compliance consultancy
101-200 employees
Job no longer available
3 days a week in office
101-200 employees
Company mission
To be the leading consultancy in FCC advisory, transformation and innovative RegTech subscription products.
Role
Who you are
- The successful candidate will be experienced in delivering end to end business and technical enhancements on Transactions Monitoring systems, covering compliance level risk assessment (advisory), typologies/rule design, typology optimisation, data analysis, segment definition and effectiveness analysis
- The candidate must be self-motivated and comfortable within a client facing environment, including leading workshops, advisory, presentation and delver documents in a clear structured and high-quality content
- Strong understanding of the AFC compliance risks relevant to Transaction Monitoring (e.g. money laundering, terrorist financing, fraud, bribery and corruption, capital surveillance)
- Good appreciation on conventional Transaction Monitoring typologies and industry practices
- Good appreciation of KYC standards that can be leveraged to fine tune TM models
- Good appreciation of TM alert investigation process
- Hands-on capability in defining change governance, project management and business analyst background. Must demonstrate strong capability to define and articulate approach
- (Must have) Hands-on experience in defining and leading model validation and system tuning from inception to completion
- Hands-on understanding on minimum of one TM systems, rule designs, segment designs, technical design and processes (e.g NICE Actimize, Oracle Mantas, SAS, FiServ)
- Good Excel, SQL and Data Analysis on high volume of transaction data
- Confidence to credibility with clients from project inception
- Self-motivation individual willing to learn new concepts, with excellent analytical skills and proven problem-solving skills
- Excellent verbal and written communication skills at business and technical levels
- Strong appreciation of business and delivery risks
- A high degree of integrity and the drive and willingness to succeed; and
- Strong team ethos and ability to work efficiently and accurately under pressure and minimal supervisions
- Managing and mentoring junior colleagues during projects
What the job involves
- You will be joining a fast-growing consulting team to lead and deliver Transaction Monitoring (TM) projects for our banking and payment facilitator clients
- As a senior manager / manager, you will be expected to use your industry experience and expertise to formulate comprehensive and well considered TM solutions to clients’ challenges
- Externally, the individual will also be expected to keep up-to-date with new TM market practices and trends
- Internally, participate in marketing, knowledge sharing and practice development
- You'll be leading Anti- Financial Crime (AFC) delivery on TM projects, including development of tuning and optimisation framework, conducting reviews of client’s processes and procedures, support regulatory or audit reviews, advising on TM technology, optimisation, and remediation programmes
- Define and lead on TM model optimisation, industry monitoring typology risk assessment methodology and overall control framework in building an effective Transaction Monitoring programme
- Leading and developing strong relationships with project stakeholders
- Supporting with planning, status update and support project governance
- Supporting business development and drafting proposals to identify new prospects
Salary benchmarks
Our take
Compliance is a vital part of business. By rigorously following regulations, businesses can prevent fraudulent activities, money laundering, and other financial crimes, thereby protecting their operations and reputation. Plenitude aims to help with this, acting as a specialised consultancy focused on Financial Crime Compliance (FCC).
The company offers advisory and transformation services that help financial institutions mitigate financial crime risks. What sets Plenitude apart is its blend of consulting, in-house financial crime compliance, regulatory, and law enforcement backgrounds, ensuring a practical and proven approach.
The company has a notable track record, including advisory roles for six of the fourteen global banks under the Systematic Anti-Money Laundering Programme. Recently, Plenitude acquired Contineo Financial Risk Solutions, enhancing its tech capabilities. This aligns with its strategy to become a leading figure in AI-enabled FCC technology, data analytics and RegTech, as it pursues international expansion in Asia and Europe.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
Company
Company benefits
- Vitality Healthcare - Healthcare for you and an unlimited amount of dependants
- Life Assurance - 3 x life assurance with Aviva
- Pension - Aviva pension 3% employer and 5% employee
- Bonus scheme - Annual performance related bonus
- Holiday - 25 days holiday, plus the ability to buy 5 extra days
- ICA Membership - Paid for annual membership to ICA and funded courses, access to all learning materials
- Hybrid Working - We operate a hybrid working policy, 2 days at home, 3 days in the office
- Electric Cars and Bikes - Via Octopus EV
- Gym Membership - Silver Gympass membership
Company HQ
Canary Wharf, London, UK
Leadership
Alan Paterson
(Managing Director)Previously worked as Programme Manager of "One HSBC Wealth" for HSBC, and was Finance Programme Manager for the Royal Bank of Scotland.
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