Team Lead - Transaction Monitoring

Role Overview:

We are seeking a detail-oriented and experienced Transaction Monitoring Team Lead to oversee the daily operations of our transaction monitoring unit. This role is critical in ensuring our organization complies with anti-money laundering (AML) regulations and internal risk policies. You will lead a team of analysts responsible for reviewing suspicious activity, escalating cases, and maintaining high standards of investigative quality.

How will you create an impact :

• Lead and manage a team of transaction monitoring analysts, providing guidance, mentorship, and performance feedback.
• Oversee daily operations of transaction monitoring workflows, including rule-based and machine learning-generated alerts, daily alert reviews and ensure timely and accurate disposition of cases.
• Collaborate with product, engineering, and data science teams to optimize monitoring logic and improve detection models.
• Ensure consistent application of AML policies, procedures, and regulatory requirements across all investigations.
• Review and approve escalated alerts and suspicious activity reports (SARs).
• Collaborate with compliance, legal, business, engineering, IT and risk teams to refine monitoring rules and improve detection capabilities.
• Drive continuous improvement in monitoring processes through automation, analytics, and feedback loops.
• Work on regional / strategic projects assigned from time to time
• Monitor team KPIs and prepare regular reports for senior management.
• Conduct quality assurance checks and implement process improvements.
• Support audits and regulatory examinations with documentation and case summaries.
• Stay updated on regulatory changes and industry best practices related to AML and financial crime.

Essential Qualifications:

• Bachelor’s degree in Finance, Business, Law, or related field (Master’s or certifications like CAMS preferred).
• 5+ years of experience in AML/transaction monitoring, with at least 2 years in a leadership role.
• Strong understanding of AML regulations (e.g., BSA, FATF, OFAC) and financial crime typologies.
• Experience with transaction monitoring systems (e.g., Actimize, SAS, FICO, etc.).
• Excellent analytical, communication, and leadership skills.
• Ability to manage multiple priorities in a fast-paced environment.

Preferred Skills:

• CAMS, CFE, or similar certification.
• Experience in a Fintech, crypto, or neobank environment.
• Exposure to machine learning or AI-driven compliance tools.
• Familiarity with data analytics tools and automation in compliance processes.
• Ability to thrive in dynamic, flexible and collaborative environments.

Interview rounds & assessments:

• Table for Two:
  A brief chat with one of our Recruiters to assess your foundational competencies and provide an overview of TerraPay.
• Beyond the Bio:
  A discussion with an SME or the RM to evaluate your role-specific knowledge, problem-solving abilities, and gain a deeper understanding of the company and team dynamics.
• Manager Meetup:
  A comprehensive discussion about the role and responsibilities, expectations, and mapping out potential career growth.

 Why TerraPay:

TerraPay is a global money movement player on a mission to build a borderless financial world. We believe payments should be instant, reliable, transparent, seamless, and fully compliant.

Registered and regulated across 31 global markets, we are a leading payments partner for banks, mobile wallets, money transfer operators, merchants, and financial institutions.

We are proud to be a twice-certified Great Place to Work and were featured in the 2023 CB Insights Fintech 100 and the 2024 Financial Times 1000 lists.

Read more about TerraPay here.