Senior Compliance Analyst - Transaction Monitoring

About Us

We are Alpha – an award-winning FTSE 250 financial services firm. Recognised by the Financial Times as one of the fastest growing companies in Europe, we are a team of 500, and have achieved this by placing people and culture at the heart of our business. With a high-quality client base and the backing of some of the world’s most respected investors, we pride ourselves on not only providing the best service but also the best career opportunities.

Now operating across multiple overseas jurisdictions, and servicing clients in over 40 countries, the opportunity for career growth and development is greater than ever before. We’re only just getting started too, so if you’re an ambitious individual who’s ready to make an impact, we’d like to hear from you.

The Opportunity

We are seeking a highly skilled and EU/UK regulatory-focused Compliance Transaction Monitoring Regulatory Specialist to join our organisation. The successful candidate will be responsible for ensuring our company's adherence to the regulatory standards set forth by the European Union (EU) and the United Kingdom (UK) in transaction monitoring. You will play a pivotal role in developing, implementing, and maintaining robust compliance frameworks to mitigate risks and ensure regulatory compliance. Additionally, you will be responsible for reporting regulatory updates and risks to the Risk Committee. This position requires in-depth knowledge of EU and UK regulatory frameworks, strong analytical skills, and a keen eye for identifying suspicious activities.

Key Responsibilities

• Review corporate clients to assess AML and fraud risk.
• Monitoring client transactions in line with the Monitoring Policy.
• Review incoming, outgoing and internal payments to assess rationale.
• Master various compliance platforms and systems to streamline department workflow.
• Identify suspicious activity and follow the process to report these where required.
• Involvement in the delivery of compliance projects ensuring technical excellence and a practical, business-driven approach.
• Stay updated by participating in educational opportunities; reading professional publications.
• Responding to queries from various business units promptly and efficiently.
• Conduct in depth analysis of multi-party payment flows and document the control framework.
• Develop and enhance existing transaction monitoring program to facilitate mass payment monitoring.
• Production of MI and reports to enable business to assess key risks.
• Support the delivery of compliance training to new members of the department.
• Work closely with the Head of transaction Monitoring to identify any major issues in relation to compliance.
• Ensure Alpha continues to operate within the agreed parameters set out with external parties.
• To continually develop and maintain a level of compliance, fraud and AML expertise in the business.
• Assist the Head of Transaction Monitoring by providing guidance, regulatory and financial crime advice as required.
• Ability to act as an escalation point for junior members of the team.

Skills and Requirements 

• Bachelor’s degree in finance, Business, or a related field. A relevant professional certification (e.g., ACAMS, CFE) is highly desirable.
• Proven experience (3+ years) in a similar role, preferably within the financial services industry, with a strong focus on EU and UK regulatory compliance and transaction monitoring.
• In-depth knowledge of EU and UK regulatory frameworks, including the 4th and 5th Anti-Money Laundering Directives, EU Funds Transfer Regulation, UK Money Laundering Regulations, and other relevant directives and regulations.
• Familiarity with transaction monitoring tools and systems, and the ability to leverage technology for efficient and effective monitoring in accordance with EU and UK standards.
• Excellent analytical skills, with the ability to interpret complex financial data, identify patterns, and draw sound conclusions aligned with EU and UK regulations.
• Strong problem-solving and decision-making abilities, with the capacity to exercise judgment and make appropriate recommendations within the EU and UK regulatory requirements

What We Offer

• Private Health Insurance and Life Insurance for all employees from Day 1 of employment, including private hospital coverage.
• Employee Assistance Programme (EAP).
• Yearly fitness allowance for any fitness-related activity.
• Enhanced maternity and paternity leave policies.
  
• Sponsored learning and development.
  
• Employee referral bonus.
  
• Quarterly Events & Celebrations.
  
• Brand new state-of-the-art office.
•  Free bar for Friday drinks.