Transaction Monitoring Lead, ANZ

As a Transaction Monitoring Lead at Airwallex, you'll be responsible for leading a team of transaction monitoring analysts, ensuring compliance with local and global regulations, managing deadlines and service level agreements (SLAs), and conducting detailed investigations on suspicious transactions. You'll also focus on driving improvements in transactional integrity and risk assessment methodologies.

To qualify for the Transaction Monitoring Lead position at Airwallex, you should possess a Bachelor's degree or equivalent, along with at least 5 years of compliance experience in transaction monitoring or financial crime management. Certifications such as AICB, CAMS, or CFE are strongly preferred, along with strong analytical and investigative skills.

Successful candidates for the Transaction Monitoring Lead role at Airwallex should have excellent leadership qualities, strong analytical skills, attention to detail, and a process-driven mindset. Moreover, possessing the ability to interpret data and make informed decisions will enhance your effectiveness in this role.

At Airwallex, transaction monitoring involves analyzing transactions for suspicious activities and patterns. As the Transaction Monitoring Lead, you will oversee the development of monitoring procedures, rule tuning, and compliance with AML/CTF regulations. This ensures a secure environment and mitigates risks associated with financial crime.

The team culture at Airwallex emphasizes collaboration, continuous improvement, and innovation. As a Transaction Monitoring Lead, you'll have the opportunity to inspire and manage a diverse group of analysts, fostering a productive environment where everyone's contributions are valued while striving towards common goals.

To address a performance issue, I would first have a one-on-one conversation to understand their challenges. Providing constructive feedback and support is key. Together, we could establish a development plan that includes additional training and set clear expectations to help them improve.

In my previous roles, I've developed a robust understanding of AML regulations, which are critical to protecting the organization from financial crime. I ensure compliance with all applicable regulations by implementing effective monitoring and reporting processes, safeguarding both our clients and the company.

Certainly! In my last role, I analyzed transaction patterns to identify potential fraudulent activities. This involved using SQL to extract data, followed by creating visualizations to illustrate findings. My analysis led to the adjustment of monitoring rules, enhancing our transaction oversight significantly.

I prioritize tasks based on urgency, impact, and team goals. By employing tools like the Eisenhower Matrix, I can categorize tasks effectively, ensuring that high-priority issues are addressed promptly while maintaining progress on longer-term projects.

I regularly attend industry webinars, subscribe to financial crime and compliance journals, and participate in professional networks. Staying updated on regulatory changes and emerging trends is crucial for making informed decisions in the transaction monitoring domain.

To ensure SLA compliance, I establish clear performance metrics and conduct regular check-ins. Additionally, I believe in fostering accountability within the team. By providing ample resources and encouragement, we can collectively meet and exceed our SLA targets.

I approach training by creating comprehensive onboarding materials that cover key processes and policies. Additionally, I pair new hires with experienced mentors for hands-on exposure, ensuring they understand both the technical aspects and the overall goals of our monitoring efforts.

Technology is integral to transaction monitoring at Airwallex. We utilize advanced analytics tools and machine learning algorithms to enhance our detection capabilities. These technologies allow us to efficiently analyze large volumes of transactions while minimizing false positives, which ultimately helps us maintain compliance.

Navigating conflicts requires a balanced approach. I would engage in discussions with stakeholders to highlight the importance of compliance while seeking to align business objectives. Effective communication and problem-solving are essential in finding solutions that maintain regulatory standards without compromising business goals.

I’m motivated by the opportunity to support my team in developing their skills while driving the organization's compliance objectives. Seeing my team succeed and contribute to a strong culture of integrity and accountability is immensely rewarding, and I enjoy fostering an environment where everyone can thrive.