Head of Fraud and Transaction Monitoring

Head of Fraud and Transaction Monitoring
Description
The Head of Financial Crime Compliance will be responsible for developing and implementing strategies to prevent financial crime, including fraud, money laundering, terrorist financing and sanction screening. You will lead a team of professionals and collaborate with various stakeholders to ensure the Company’s compliance with relevant laws and regulations.
Responsibilities
Develop and implement a comprehensive transaction monitoring and sanction screening program to ensure compliance with relevant laws and regulationsDevelop and implement a comprehensive fraud prevention and detection strategy align with the company’s goals and objectivesLead the global financial crime compliance team, providing direction, coaching, support and development opportunitiesMonitoring financial transactions, customer behaviour, and other relevant data to detect and investigate potential financial crime activityDevelop and maintain strong relationships with internal stakeholders and external partners to facilitate effective financial crime prevention and risk mitigationCollaborate with cross-functional teams to integrate fraud prevention measures into business processesConduct periodic assessments of the Company’s financial crime risks and develop plans to mitigate those risksProvide advice and guidance to the Company’s business units on financial crime prevention mattersEnsure that the Company’s systems and controls for financial crime prevention are effective and efficient and comply with regulatory requirementsStaying up-to-date with changes in financial crime laws, regulations and industry standards and adapting monitoring strategies as neededEstablish and maintain relationships with external stakeholders, such as law enforcement agencies, regulatory bodies and industry associations
Qualifications
Bachelor’s or Master’s degree (or equivalent) in finance, law, or related areaProfessional qualification such as Association of Certified Anti-Money Laundering Specialists (ACAMS) or International Compliance Association (ICA)At least 10 years of experience in financial crime compliance, with a strong understanding of fraud, money laundering, terrorist financing and sanction risksAt least 5 years of experience in a managerial or leadership roleKnowledge of relevant UK and EU laws, regulations and industry best practices related to financial crime risksStrong leadership and people management skills, with the ability to motivate and develop a team of professionalsExcellent communication and interpersonal skills, with the ability to collaborate effectively with internal and external stakeholders
Hiring organization
OpenPayd is a leading global payments and banking-as-a-service platform for the digital economy. Through its API-driven technology, businesses can embed financial services into their products and create the seamless user experiences needed to drive business growth.OpenPayd’s platform removes the need to contract with multiple providers for different services and across different markets. Instead, businesses can access accounts, FX, international and domestic payments, and Open Banking services globally via a single API integration. OpenPayd is committed to providing businesses with a fully compliant solution across all markets, leaving your business to focus on growth.
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