This role & opportunity

The Transaction Monitoring Manager will be a key member of our Compliance team, reporting directly into our Head of Compliance and MLRO and participating with the wider business in the UK and EU.

You will possess a strong working knowledge of transaction monitoring, transaction rule reset, transaction investigations, anti money laundering regulation and activity in the UK and EU including financial crime, fraud detection, suspicious activity, onboarding and risk. You will also have the balanced communication style required to support and work with department heads and management to ensure Weavr remains compliant.

We are looking for a sharp, confident, commercially minded individual, who is able to work independently and be a team leader. Someone who can quickly identify control deficiencies, provide solutions and is happy to roll their sleeves up to ensure diligent maintenance of a robust and proportionate AML control framework.

Key Responsibilities:

• Manage and oversee the Transaction Monitoring function, assisting the MLRO to ensure activities are effectively maintained
• Ongoing analysis and review of transaction monitoring customer, rule and system controls and promotion of identified gap resolution
• Transaction Monitoring and AML screening policies and procedures updated
• Reviewing transaction monitoring and wider financial crime regulatory and standards requirements, identifying gaps, and designing plans on how to mitigate such gaps
• Assist the MLRO in updating the Financial Crime risk assessment, the Jurisdiction Risk Assessment and Customer Risk Assessment frameworks
• Deliver AML/CFT and Transaction Monitoring training where required
• Proactively seek and develop greater productivity and enhancements where possible through process improvements and/or technological enhancements
• Analyse complex transactions and due diligence documents, including identifying and raising suspicious activity reports
• Support EU Compliance team on onboarding, financial crime controls assessment and systems maintenance and wider ad hoc projects where required
• Carry out financial crime compliance testing with a risk based approach as per the Annual Compliance Monitoring Plan and communicating reporting and solution of issues
• Guiding and supporting functions within Weavr in remedial action programs to enhance AML/CFT control frameworks;
• Assist in the compilation of reports/data to the relevant Committees

Your experience and background:

• Management experience within the the banking industry (EMI, regulated fintech, banks and/or Regulator)
• 5 years + experience working within a similar role
• Strong transaction monitoring, financial activity review and wider AML experience
• Proficient in the English language (other languages welcome also)
• Demonstrable track-record of working within financial crime regulatory regimes including coverage of AML, transaction monitoring, fraud and CTF risk and associated compliance frameworks
• Experience in creating, writing and managing the ownership of the policies and procedures framework
• Matrix management and effective influencer across all levels and business areas
• Familiar with working in pressurised and high volume environments
• The ability to take initiative and present resolution to gaps in compliance frameworks
• A desire keep strong pace with changes to current and upcoming regulations and market practice and respond to change

 Benefits of working at Weavr:

A good remuneration package shall be provided to the candidate with the right skillset. Beyond the base salary and a performance-related bonus, the package shall include:

• Flexible & hybrid working environment
• 25 days annual leave (excluding public holidays)
•  Pension contributions
•  Private health insurance 
• Laptop hardware 

About Weavr

Weavr is the easiest way for businesses, and the safest way for banks, to embed relevant financial services into software at the point of need. Founded by serial entrepreneurs who are leaders in the fields of payments and fintech, we’re a team of 100+ can-do builders who are at the frontier of the embedded-finance industry.

Since our inception in late 2020, our innovative approach has garnered substantial support, including a US$40 million Series A led by Tiger Global in 2022, and multiple industry awards. Join us on our mission to make embedding financial services easy and secure for businesses and banks alike. Together, we’ll create a future where finance is seamlessly woven into the digital fabric of everyday life.

Our Culture

We are unashamedly geeky. We prefer smart to big. We don’t see borders and barriers, we see connections and bridges. We are dedicated to helping ‘makers’ of all size or stripe succeed. The community of makers that we’re empowering is big and diverse, so there’s place for all types in our team – but it’s a team. What matters are our values: create value through simplification, be accessible and collaborative, and be open to change. That’s as true of our products as it is of how we work.

The team is characterised by smart, kind and high-performing experts who offer and ask for respect, openness and trust. Weavr is still small enough to feel tight-knit but operates and communicates at the level of a more mature organisation.

Commitment to diversity & inclusion

All qualified applicants will receive consideration for employment without regard to race, colour, age, religion, sex, sexual orientation, gender identity/expression, national origin, disability. We are a diverse and inclusive team and we actively seek to recruit people with different backgrounds and experiences.