Senior Transaction Monitoring Specialist

Summary

Join Nivoda as a Senior Transaction Monitoring Specialist and play a crucial role in protecting the company from financial losses due to fraud. You will monitor and analyze customer orders and financial transactions, collaborating with various departments to mitigate fraud and build data-driven dashboards. This role involves investigating flagged incidents, ensuring loss rates remain within tolerance, and contributing to the design and improvement of Nivoda's transaction monitoring system. You will work closely with top management and contribute to strategic decision-making. This position offers a significant impact on the company's success and a dynamic, global work environment.

Requirements

• Bachelor’s degree in Finance, Business, Economics, Criminology, or a related field
• Minimum of 3 years of experience in transaction monitoring, financial crime systems, or a related compliance role
• Experience with transaction monitoring systems and analytical tools
• Strong knowledge of fraud detection technologies and methodologies
• Understanding of AML, CTF, and other relevant financial crime regulations
• Excellent analytical and investigative skills
• Attention to detail and ability to recognise patterns and anomalies
• Excellent written and verbal communication skills
• Ability to manage multiple tasks and prioritise effectively
• Strong communication and interpersonal skills, with the ability to work effectively with various stakeholders

Responsibilities

• Monitor and analyze customer orders and financial transactions to detect and prevent suspicious activities related to fraud and other financial crimes
• Collaborate with various departments to mitigate fraud
• Build data driven transaction monitoring and reporting dashboards
• Investigate flags and incidents
• Ensure loss rates stay below tolerance levels
• Help design and build a cutting-edge transaction monitoring system, leveraging your analytical and data-mining expertise to establish a robust baseline and rule engine
• Perform in-depth impact analyses on identified patterns, turning your findings into effective rules and strategies that drive risk management and business growth
• Design a rule engine that strikes the perfect balance between flagging high-risk transactions and minimising false positives and negatives
• Partner with leadership to enhance Nivoda’s transaction monitoring systems, processes, and procedures, ensuring we stay ahead of evolving risks and regulations
• Analyze transaction trends to uncover potential fraud, money laundering, and other financial crimes while monitoring daily transactions for suspicious activities
• Review system alerts, conduct detailed investigations into flagged activities, and prepare comprehensive reports to inform strategic actions
• Work closely with Sales, Account Management, Supplier, KYC, and Finance teams to create a unified fraud prevention strategy
• Identify opportunities to refine transaction monitoring processes and systems, ensuring we remain innovative and effective

Preferred Qualifications

Experience with SQL

Benefits

• Opportunity to join us at a dynamic growth phase, where your contributions can have a significant impact on shaping the company's future success
• Exposure to senior leadership and the opportunity to contribute to strategic decision-making
• Remote working environment
• Flexible working
• Unlimited holiday
• Fast-paced and global working environment