Senior Transaction Monitoring Analyst

This is a fully remote position, open to applicants in United States.

📋 Description

• Design, construct, test, and uphold monitoring rules across ACH, RTP, FedNow, debit networks, and various payment rails.

• Create risk-based scenarios to address structuring, velocity anomalies, and rapid fund movements.

• Convert financial crime risks into monitoring logic and thresholds in collaboration with Product and Engineering teams.

• Backtest and adjust rules to enhance detection capabilities and minimize false positives.

• Maintain documentation for rule rationale, configurations, testing outcomes, and change history.

• Investigate potentially suspicious transactions and customer behaviors.

• Document findings and conclusions with investigative narratives and recommendations.

• Prepare and submit suspicious activity referrals to sponsor banks in conjunction with the Head of Compliance.

• Address information requests from sponsor banks and assist with follow-up reviews.

• Monitor alert volumes, backlogs, and case aging.

• Integrate investigation insights into rules, scenarios, and workflows.

• Utilize SQL to query transaction data and assess monitoring performance.

• Analyze customer activity, payment rails, and use cases to identify emerging risks and coverage gaps.

• Generate reports on alert volumes, false-positive rates, rule efficacy, and investigation results.

• Propose modifications to thresholds, scenarios, and segmentation.

• Collaborate with Product and Engineering on monitoring capabilities, data availability, and case-management workflows.

• Partner with Compliance and Operations on intricate investigations, emerging risks, and escalation processes.

• Assist with sponsor-bank inquiries, audits, and examinations.

• Define monitoring requirements for new products and payment flows prior to their launch.

• Enhance internal compliance tools through automation and operational feedback.

⛳️ Requirements

• Over 4 years of experience in BSA/AML, financial crimes compliance, or transaction monitoring within fintech, payments, or banking.

• Practical experience in designing, implementing, and fine-tuning monitoring rules.

• Proven ability to independently conduct complex investigations and escalate suspicious activities.

• Strong understanding of BSA/AML regulations, financial crime typologies, and risk-based monitoring practices.

• Familiarity with payment rails, specifically ACH, RTP, and debit networks.

• Experience managing alert queues while ensuring quality and timeliness.

• Ability to work autonomously and collaboratively in a fast-paced environment, with a keen eye for detail and thorough documentation.

• Bachelor's degree in finance, economics, computer science, criminal justice, or a related field preferred; exceptional relevant experience will be considered equally.

• CAMS, CFE, or equivalent certification preferred.

• Proficient SQL skills for querying and analyzing extensive transaction datasets.

• Experience in configuring, testing, and optimizing rules in platforms such as Unit21, Sardine, Actimize, or Verafin.

• Skill in translating detection requirements into rule logic, including thresholds, velocity calculations, aggregation windows, and behavioral patterns.

• Experience utilizing data to assess rule effectiveness and minimize false positives.

• Working knowledge of API-driven payment architecture and rails, including ACH/NACHA, RTP, FedNow, and Visa Direct.

• Experience in a payments fintech, BaaS company, or processor operating under a sponsor-bank model preferred.

• Previous experience in building or significantly enhancing a transaction monitoring program preferred.

• Exposure to embedded finance, payroll, lending, card disbursements, or real-time payments preferred.

• Proficiency in Python or similar tools for transaction analysis, rule testing, or automation preferred.

• Familiarity with model validation, rule governance, and sponsor-bank expectations preferred.

• Startup experience encompassing technical implementation and daily compliance operations preferred.

• Must be authorized to work in the United States; visa sponsorship needs are addressed during the application process.

🏝️ Benefits

• Equity in a growing fintech company.

• Remote-first culture with flexible working arrangements.

• Professional growth opportunities in compliance and risk management.

• 100% company-paid health insurance for employees.

• 401(k) with company matching.

• A comprehensive range of benefits.