Transaction Monitoring Analyst

Transaction Monitoring Analyst

Do you want to be at the forefront of the fight against money laundering, and utilize your analytical mindset to identify unusual or unexpected behavior? Then this may be exactly the challenge you are looking for.

Banking Circle is a fully licensed, technology enabled bank processing over €1 trillion in payments across the group every year - and growing. We exist to power the global economy's most ambitious payments businesses with infrastructure that is fast, modern, and engineered for scale. Today, more than 800 people across 11 countries work together as one global team. We move fast, we think boldly, and we build with intent - because our clients depend on us to keep pace with the world's most dynamic payments flows. We are expanding globally, scaling our capabilities, and deepening our impact, so if you want to shape the future of financial infrastructure - this is the place.

Your team welcomes you with open arms
As our new Transaction Monitoring Analyst in our team in Sydney, Australia, you'll experience an open and knowledge driven culture, where everyone can thrive, connect with colleagues, learn and grow. Here you will be empowered to make an impact every day.

In this role, you will get the chance to become part of a dynamic, knowledgeable, and collaborative team of AML professionals to ensure that the business meets its Anti-Money Laundering obligations. As part of the Transaction Monitoring team, you will review and analyze customer transactions to detect unusual activity, potential money laundering, or other financial crime risks. Using advanced monitoring systems and your own investigative skills, you'll assess alerts, document your findings, and upscale cases where suspicious activities are found.

We offer a hybrid work model for our employees to allow for flexibility and productivity. However, we do expect you to spend most of your time in the office to build community and efficiency in the team.

Exciting work is waiting for you

• Review alerts generated by monitoring systems and assess transaction patterns
• Conduct Account Activity Reviews (AARs) and customer transaction reviews using a risk-based approach to assess if activity is in line with Client profile and expected behavior
• Conduct investigations on clients' merchants and other corporate entities
• Identify, investigate and escalation suspicious transactions, unusual activity and financial crime concerns to relevant stakeholders in accordance with Banking Circle policies and AUSTRAC regulatory expectations.
• Ensure timely closure of Reviews, Alerts and Investigations
• Collate information to form concise decisions on complex cases
• Raise suspicious transactions and activities
• Identify relevant money laundering and terrorist financing typologies and trends
• Ad hoc AML projects within the team

Things we'll look for on your resume
To be the right candidate for this position, we expect you to have a relevant educational background and demonstrated knowledge of financial crime typologies. You have a strong working knowledge of the global legislative and regulatory framework for AML and 2+years' experience in AML, including transaction monitoring, preferably in Payments/Fintech or Correspondent Banking. You are comfortable utilizing information from several sources to make a concise decision.

As a person, you take ownership of your tasks, and you are solution oriented in your approach to challenges. You are proactive in a fast-paced environment, a confident decision-maker, and a strong analytical problem solver with a high attention to detail. You have solid IT skills, as this is a requirement to succeed in this role. Lastly, we expect you to be a knowledge sharing team-player who creates positive working relationships with others.

Also, you have strong technical and analytical skills, with experience working with large transactional datasets. Strong Excel skills and experience with SQL and data extraction are advantageous. Knowledge of the Australian AML/CTF regulatory framework and AUSTRAC requirements would be highly regarded.

Banking Circle is an international group. Our internal workforce consists of over 50 nationalities, and our clients and partners are located all over the globe. Therefore, our company language is English.

We are an equal opportunity employer and are committed to creating an inclusive workplace. We welcome applications from people of all backgrounds and do not discriminate on the basis of race, colour, sex, sexual orientation, gender identity, intersex status, age, religion, disability, marital or family status, or any other characteristic protected under applicable Australian laws. We encourage applications from Aboriginal and Torres Strait Islander peoples, people with disability, and individuals from diverse cultural and linguistic backgrounds. To learn more about Banking Circle, visit us at