Transaction Monitoring Executive

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Job Description

Reporting to the First Line Assurance Manager the First Line Transaction Monitoring Executive will be responsible for supporting the prevention, detection and investigation of Anti Money Laundering (AML) and Countering the Financing of Terrorism (CFT) issues whilst taking into consideration all Compliance and Operational Risks.  The remit includes, but is not limited to, Current Accounts, Payments, FX Card, FX Cash, and State Savings


Key responsibilities/accountabilities include:

  • Managing the activity of the Transaction Monitoring Team to successfully detect and investigate AML/ CFT issues


  • Analysing patterns based on the results of the monitoring and screening processes in order to gain a better insight into the risk profile of the An Post customer base


  • Providing consistent detailed documented rationales for decisioning alerts aligned with the AML/CFT Policy and Procedures and optimising transaction monitoring and scenario based detection rules to address key identified emerging risks


  • Conducting investigative research on a risk based basis of all irregularities identified across the full universe of transactions


  • Completing a detailed review of potential Suspicious Transactions emanating from Post Offices, other An Post channels, and through Transaction Monitoring


  • Documenting findings clearly on all potential Suspicious Transactions investigated setting out a clear rationale for recommending to the Money Laundering Reporting Officer in each instance whether to close the case or escalate the findings to the regulatory authorities


  • Compiling Suspicious Transaction Reports and reporting same to the Money Laundering Reporting Officer to a standard that can be reported to the appropriate regulatory authorities, providing all required supporting information


  • Responding to additional information requirements from the Money Laundering Officer in relation to Suspicious Transactions and interacting with the An Post Investigations Department in relation to all actual and potential fraudulent activity


  • Enhancing on an ongoing basis the procedures and guidelines for the Transactions Monitoring operations including the documenting of all procedural/guidance changes


  • Providing detailed Management Information, including Key Performance Indicators (KPIs), to Senior Management at a minimum on a monthly basis


Person Specification:

You will have experience working in a similar role for a minimum of 2-3 years with a comprehensive understanding of Anti Money Laundering / Countering the Financing of Terrorism due diligence requirements. Preferably you will have a relevant qualification in business, accounting, finance or risk management.


Critical Competencies:

  • Communication skills
  • Problem Solving and Analysis
  • Attention to Detail
  • Planning and Organising
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