Transaction Surveillance Officer

Transaction Surveillance Officer

Our client, a City based FX brokerage, is looking to recruit a Transaction Surveillance Officer, paying £40-50k, reporting into Head of Monitoring and Surveillance

The purpose of the Transaction Surveillance Officer is to identify and protect the business from any transactions that may lead to money laundering and terrorist financing that could lead to filing relevant Suspicious Activity Reports (SARs).

Survellience Responsibilities
? To be responsible for the production, delivery and ongoing management of the Transaction Surveillance Solution and provide technical advice and training as necessary to ensure that the business is compliant with its obligations to reduce financial crime
? To conduct data, system and process analysis for establishing system thresholds and parameter settings
? To conduct analysis across all measurable system results in order to establish thresholds and parameter settings
? To maintain and test the TM system, ensuring the software is working, the parameters that are in place are correct; working closely with Technology to develop the analytics
? To independently carry out day-to-day investigation of cases generated by the Transaction Monitoring System
? To propose procedural enhancements and analytic tools for use and provide MI reports for Senior Management and the Head of Monitoring and Surveillance
? To provide training and guidance to the TS team for new system functionality
? To understand business and regulatory requirements and ensure transition monitoring and surveillance is being performed in line with those requirements
? To assist AML reviews and investigations of alerts generated by new scenarios in order to develop procedures, protocols, and to establish sufficient training requirements
Management Responsibilities
? To maintain, enhance and ensure TS desk procedures are current and reflect the reality of the team’s responsibilities
? To effectively manage the members of the TS team, manage their day-to-day workload, acting as the first point of call for work related queries
General Compliance Department Tasks
? To be the first point of contact in regards to regulatory information requests related to Transaction Surveillance
? To enhance, develop and deliver internal metrics and provide reports as
? To build and maintain strong and effective relationships with key internal
departments and stakeholders
? To deliver training and communication to raise employee awareness in relation to
fianancial crime issues


? To develop and maintain strong relationships with both external and internal
? To attend industry specific and relevant seminars and events (Industry briefings,
conferences etc.)
? To assist in developing and implementing an effective compliance culture
throughout the company
? To participate in business projects and initiatives


Interaction with clients, external partners and counterparties should be expected as part
of the role.

Normal working hours are split between three shift patterns: 7am – 4pm, 8am – 5pm or
9am to 6pm, however the Transaction Sulliveliance Officer will be expected to complete
the hours necessary to achieve the expected company standards and performance. To this
end the Transaction Sulliveliance Officer will need to be flexible and prepared to work
until the job is properly done.

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