Transaction Monitoring Lead, EMEA at Airwallex - London

About Airwallex

Airwallex is revolutionizing global finance for modern businesses. We provide a unified platform that empowers over 200,000 businesses worldwide, including industry leaders like Brex, Rippling, Navan, Qantas, and SHEIN, with comprehensive solutions for business accounts, payments, spend management, treasury, and embedded finance. Our unique infrastructure and software enable businesses to operate globally with ease and efficiency.

Founded in Melbourne, Airwallex boasts a team of over 2,000 talented individuals across 26 global offices. With a valuation of US$8 billion and backing from top-tier investors such as T. Rowe Price, Visa, Mastercard, Robinhood Ventures, Sequoia, Salesforce Ventures, DST Global, and Lone Pine Capital, we are at the forefront of building the future of global finance. If you're driven to tackle ambitious challenges and shape the future of global banking, Airwallex is the place for you.

Role Overview

As the Transaction Monitoring Lead in EMEA, based in London, you will be a critical leader in our first-line financial crime operations team. Your primary responsibility will be to establish and maintain high standards in transaction monitoring and sanctions screening. This involves conducting thorough risk assessments, fine-tuning rules, segmenting data, and profiling customers to ensure a seamless and secure experience across Airwallex's product suite. You will play a vital role in protecting Airwallex from financial and reputational risks while upholding our commitment to regulatory compliance.

A Day in the Life

Here’s what a typical day might look like for the Transaction Monitoring Lead:

• Morning: Start by reviewing overnight alerts and escalations, prioritizing urgent cases that require immediate attention. Analyze transaction patterns and trends to identify potential suspicious activities.
• Mid-day: Participate in meetings with stakeholders from compliance, product, and engineering teams to discuss ongoing projects, address challenges, and align strategies. Work on rule tuning and segmentation to improve the efficiency and effectiveness of transaction monitoring processes.
• Afternoon: Lead and mentor your team, providing guidance and support on complex investigations. Conduct quality assurance reviews of completed investigations to ensure adherence to policies and procedures.
• Late Afternoon: Prepare reports and presentations on key metrics and trends for senior management. Stay updated on regulatory changes and industry best practices to ensure ongoing compliance.

Why London?

London is a global financial hub and a strategic location for Airwallex's EMEA operations. Being based in London provides access to a diverse talent pool, a vibrant fintech ecosystem, and close proximity to key regulatory bodies. This location allows you to stay at the forefront of industry developments and collaborate with leading experts in financial crime prevention.

Career Path

At Airwallex, we are committed to providing our employees with opportunities for growth and development. As a Transaction Monitoring Lead, you can advance your career by taking on additional responsibilities, leading larger teams, or specializing in specific areas of financial crime prevention. You may also have the opportunity to transition into roles in compliance management, risk management, or product development.

Salary and Benefits

The estimated salary range for this position in London is $90,000 - $130,000 USD per year. Actual compensation may vary depending on experience, qualifications, and other factors. Airwallex offers a comprehensive benefits package that includes health insurance, paid time off, retirement plan, employee stock options, professional development budget, and more.

Airwallex Culture

Airwallex fosters a culture of innovation, collaboration, and customer-centricity. We are looking for individuals who are passionate about solving complex problems, driven to achieve ambitious goals, and committed to making a positive impact on the world. We value diversity, inclusion, and a growth mindset. At Airwallex, you will have the opportunity to work with a team of talented and dedicated individuals who are shaping the future of global finance.

How to Apply

To apply for the Transaction Monitoring Lead position, please submit your resume and cover letter through our online application portal. Be sure to highlight your relevant experience, skills, and qualifications. We encourage you to share your passion for financial crime prevention and your commitment to protecting Airwallex from financial and reputational risks.

Frequently Asked Questions

1. What are the key responsibilities of the Transaction Monitoring Lead?

The key responsibilities include understanding the regulatory landscape, analyzing transaction patterns, managing SLAs, conducting investigations, ensuring compliance, and leading a team of analysts.

2. What qualifications are required for this role?

Strong leadership skills, process-driven approach, ability to work independently and as part of a team, strong prioritization skills, investigative nature, and a comprehensive understanding of AML/CTF functions are required.

3. What is the salary range for this position?

The estimated salary range is $90,000 - $130,000 USD per year, depending on experience and qualifications.

4. What benefits does Airwallex offer?

Airwallex offers a comprehensive benefits package, including health insurance, paid time off, retirement plan, employee stock options, and professional development budget.

5. What is the company culture like at Airwallex?

Airwallex fosters a culture of innovation, collaboration, and customer-centricity.

6. What opportunities for career growth are available?

Opportunities for career growth include taking on additional responsibilities, leading larger teams, specializing in specific areas, or transitioning into roles in compliance management, risk management, or product development.

7. What is the work environment like in the London office?

The London office offers a vibrant and collaborative work environment with access to a diverse talent pool and key regulatory bodies.

8. How does Airwallex support employee development?

Airwallex supports employee development through professional development budgets, mentorship programs, and opportunities to attend industry conferences and training sessions.

9. What is Airwallex's approach to diversity and inclusion?

Airwallex is committed to creating a diverse and inclusive workplace where all employees feel valued and respected.

10. What are the operating principles of Airwallex?

Airwallex's operating principles include customer obsession, innovation, bias for action, and ownership. Details can be found on the Airwallex website.