Transaction Monitoring Analyst

The RoleRecruitment ContextThis is a newly created position driven by our continued growth. As our transaction volumes increase, we're expanding our Transaction Monitoring team to manage the growing backlog of alerts and ensure we maintain the highest standards of financial integrity and compliance.You will report to Thibault Billeret, Team Lead Transaction Monitoring at iBanFirst. You will be joining a dedicated team of 3 Transaction Monitoring Analysts. The team is positioned as the first line of defense in protecting iBanFirst from financial crime risks — distinct from the second line compliance function.What will you do?As an international payment provider, we face significant risks related to money laundering, fraud, sanctions, and financial terrorism. Our Transaction Monitoring team acts as the first line of defense, and we\'re looking for a sharp, analytical, and integrity-driven professional to join us.You will be engaged in critically analyzing transactions to identify deviations in transaction patterns, defined business activities, or behavior. You will review and assess whether you consider a transaction to be unusual and avoid sanction regulations, fraud, and money laundering. This is done by keeping the laws and regulations in mind for every specific country of origin of the client and data from internal systems. You know how to do client research and collect and link information in an effective way. Based on the information you will come up with the conclusion: reporting to compliance or not?You proactively think along about efficiency improvements beyond the boundaries of your own tasks and responsibilities. You will be triggered to go out of your comfort zone and write with us on the success story by saving iBanFirst to keep the financial landscape safe by protecting it from integrity risks. As such, the main assignments are:Monitor daily transactions to detect suspicious activities and potential money laundering or fraud.Investigate alerts generated by the transaction monitoring system to determine if there is a potential suspicious transaction involved.Assess transactions in the context of previous transactions and the client’s business/purpose of the account.Maintain accurate and concise records of all investigations undertaken, including the rationale for any decisions made.Assist in the preparation of departmental management information reports.Ensure compliance with internal policies, regulatory requirements, and industry best practices.Provide input to the maintenance of departmental procedures and the identification of areas of risk.Work closely with other departments, such as Compliance and Legal, to address transaction monitoring-related issues and implement solutions.Provide advice and support to the sales teams on the identification of areas of risk as a result of transaction monitoring trends.Task breakdown:70% — Transaction monitoring & alert investigation: Review daily transactions and system-generated alerts to identify unusual patterns, potential fraud, money laundering, or sanctions violations20% — Research & analysis: Conduct thorough client research, gather information from internal systems, and assess transactions in the context of the client\'s business activity and account purpose10% — Documentation & reporting: Maintain accurate records of investigations, prepare management reports, and collaborate with Compliance and Legal teamsRole ObjectivesFirst 3 months:Get comfortable with our transaction monitoring tools and internal systemsUnderstand the regulatory environment and why transaction monitoring is critical for iBanFirstStart contributing to alert resolution and backlog reductionFirst 6 months:Operate autonomously in investigating alerts and making informed escalation decisionsActively contribute to reducing the team\'s alert backlogBring initial improvement ideas based on your experienceFirst 12 months:Be a fully autonomous and efficient member of the teamContribute to process improvement initiatives and help shape the team\'s evolving ways of workingSupport newer team members and share best practicesWhat do you bring?Experience:1–3 years of experience in KYC, Transaction Monitoring, or Compliance Analyst rolesPrevious experience in a similar position is required — we\'re looking for someone who can hit the ground runningCurious mindset — you naturally ask questions and dig deeperStrong analytical skills — ability to spot patterns, connect dots, and assess riskSpeed and efficiency — comfortable working through high volumes of alertsAutonomous — you can prioritize your work and make sound decisions independentlyInvestigative approach — you enjoy detective work and don\'t stop until you find theProactive and solution-oriented — you bring ideas to improve processes and ways of workingLanguages:English: Required (working language)French: Nice to haveWhat do we offer?Permanent contract (CDI)Hybrid work policy: 1–2 days remote per week. Flexibility is available depending on your location or specific circumstances, but we encourage office presence for collaboration and team cohesion.Competitive salary: €40,000 – €45,000 gross annual salary, depending on experienceBuild expertise in the fast-growing profitable Fintech/Paytech industry with cutting-edge technologyGrow your compliance and risk management skills in a scaling international companyThrive in a multicultural environment, with 15 offices across Europe and colleagues from diverse backgroundsEnjoy a great work environment in our Paris office, with flexible remote work optionsBenefit from a comprehensive compensation & benefits package, including:RTT (extra paid days off)Gymlib subscriptionPaid parental leaveParticipate in company-wide events, including team offsites, company parties, and regular social activities #J-18808-Ljbffr