Senior Analyst / Team Lead, Transaction Monitoring

Description:

About the Company & the Role

Our client is a well established finance technology company in Australia that specialises in swift, secure and cost-effective cross-border payments in over 100+ currencies leveraging off their extensive partner network all across the world.

Initially as a Senior Analyst, you will be responsible for reviewing, investigating, and escalating potentially suspicious financial activities to ensure compliance with Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF) regulations. In 6-12 months’ time you will recruit, lead, manage and coach a small team of analysts, stepping into a leadership role.
Key Responsibilities

Transaction Monitoring & Investigation

• Review alerts generated by the transaction monitoring system, assess risk levels, and determine if further investigation is required.
• Conduct enhanced due diligence (EDD) on suspicious transactions, including deep-dive analysis of customer activity.
• Prepare Suspicious Matter Reports (SMRs) for submission to AUSTRAC (or relevant regulatory body).

Financial Crime Risk Management

• Identify patterns and typologies of financial crime, including money laundering, fraud, and terrorist financing.
• Assist in the tuning and optimization of transaction monitoring rules to reduce false positives.
• Collaborate with cross-functional teams to enhance fraud and AML detection capabilities.

Regulatory Compliance & Reporting

• Ensure compliance with local and international AML/CTF laws, including reporting obligations to regulators.
• Maintain accurate documentation of investigations and ensure audit trails are in place.
• Provide support during regulatory audits and internal reviews.

Process Improvement & Training

• Identify gaps in existing processes and recommend enhancements to strengthen AML controls.
• Provide guidance and training to junior analysts and other team members on AML best practices.

Key Requirements

• 2-3 years of experience in transaction monitoring, AML investigations, or financial crime compliance within the money remittance, payments, or banking sector.
• Strong understanding of AML/CTF regulations, AUSTRAC reporting entity obligations and industry best practices.
• Ability to assess risk, interpret transaction data, and detect suspicious patterns.
• A true people person and team player, with leadership traits.
• Passion for continuous learning and sharing.

Benefits

• Competitive salary and ongoing performance-based incentives.
• Working in a non-siloed role and non KPI driven environment.
• Collaborative and inclusive workplace with lots of cross-skilling.

To apply please click on the ‘Apply’ button or send your CV to Eugena Gong at eugena.gong@talentweb.com.au