- Develop, implement, and continually improve the transaction monitoring frameworks to detect and prevent suspicious transactions.
- Lead the transaction monitoring team to review flagged transactions, investigate alerts and escalate suspicious activity appropriately.
- Ensure compliance with relevant AML,CFT and sanctions regulations issued by FCA and other relevant authorities.
- Monitor and analyse transaction patterns to identify trends, suspicious activities,and potential risks.
- Collaborate with compliance, fraud prevention and legal terms to develop automated solutions that streamline compliance operational processes.
- Maintain accurate records of monitoring activities, investigations, and reporting to regulators.
- Conduct regular staff training on AML ,fraud detection, and transaction monitoring procedures.
- Keep abreast of regulatory changes, emerging threats, and industry best practices.
- Prepare reports for senior management and regulatory authorities as required.
- Evaluate and recommend technology tools to enhance automation and efficiency in compliance operations.
- Bachelor's degree in Finance, Accounting, Law, or a related field (relevant professional certifications are a plus).
- Proven experience in transaction monitoring, AML compliance, or fraud prevention within a financial services or payments environment.
- Strong understanding of FCA regulations related to AML, CTF,sanctions, and payments compliance.
- Experience with transaction monitoring systems (e.g., Firco, Actimize, SAS, etc.) is highly desirable.
- Comfort in handling and leveraging compliance and monitoring technology tools.
- Demonstrated ability to propose and implement automation solutions for operational efficiency.
- Excellent analytical and investigative skills.
- Strong leadership and team management capabilities.
- High attention to detail, with the ability to handle complex investigations under pressure.
- Excellent communication and stakeholder engagement skills.
- Certification in AML or compliance (e.g., CAMS, ICA, ACAMS).
- Experience working within FCA-regulated financial institutions or payment companies.
- Knowledge of emerging financial crime threats and monitoring techniques.
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Transaction Monitoring Manager - Lagos - eRecruiter
Description
Our client is an FCA -regulated payments and remittance business dedicated to providing innovative payment solutions that connect frontier markets.Job summary
They are seeking an experienced and detail-oriented Transaction Monitoring Manager to oversee the transaction monitoring processes ensuring compliance with regulatory requirements and anti-moneny laundering (AML)standards.
Key Responsibilities:
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Transaction Monitoring Manager
Only for registered members Lagos
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Manager, NOC Remote Monitoring System
Only for registered members Lagos
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Service Monitoring Engineer
Only for registered members Lagos
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Team Lead
Only for registered members Lagos
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Team Lead
Only for registered members Lagos
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PayPal & PSP Account Manager
Only for registered members Lagos
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Senior Manager – Financial Intelligence Unit
Only for registered members Lagos
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NOC Manager
Only for registered members Lagos
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Officer, Machine Learning
Only for registered members Lagos
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Fuel Receipt Officer
Only for registered members Lagos
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Project Manager
Only for registered members Lagos
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Finance Lead
Only for registered members Lagos
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NOC Manager
Full time Only for registered members Lagos
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Local QPPV
Only for registered members Lagos
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Social Media Manager
Only for registered members Lagos
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Head, Finance
Only for registered members Lagos
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Technical Financial Crime Manager
Only for registered members Lagos
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Assistant, Employee Brand
Only for registered members Lagos
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Risk Analyst
Only for registered members Lagos
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Asset Integrity
Only for registered members Lagos