Job Description
- Prior engagement with regulatory authorities.
- Design, maintain, and execute a comprehensive risk assessment framework.
- Identify and evaluate inherent and residual financial crime risks related to Transaction Monitoring.
- Collect and analyze relevant information through proactive collaboration and independent research.
- Prepare clear and concise risk assessments, governance documents, recommendations, and reports.
- Support incident management and KPI reporting.
- Contribute to system development, maintenance, and change management processes, including documentation, deployment, and model approval.
- Translate business requirements into specifications for statistical model development.
- Provide guidance on monitoring processes and act as a trusted advisor on Transaction Monitoring.
- Bring extensive experience (at least five years) from the banking sector, specifically supporting complex Transaction Monitoring projects.
- Possess a strong technical understanding of system solutions.
- Demonstrate the ability to document policies, ensure system performance, and drive change management processes.
- Have in-depth knowledge of Anti-Money Laundering (AML) regulations and the Transaction Monitoring regulatory framework.
- Excel at identifying, assessing, and documenting risk.
- Exhibit strong communication, analytical, and problem-solving skills.
- Be highly organized and detail-oriented, capable of managing multiple priorities in a fast-paced environment.
- Have experience working at the interface between regulations and Transaction Monitoring development.
- Become part of a purpose-driven organisation.
- Opportunity to make a true impact.
- Robust career development.
- Join an international organisation with 2,500 colleagues across 15 countries.
- Work with diverse cultures and backgrounds.
- Open feedback culture and supportive team environments.
- Dynamic learning journey.
- Opportunity to invest in your future.
Do you know have an in-dept understanding of transaction monitoring within banking? Can you spot red-flags, align regulatory requirements, and support development processes? FCP Modelling & Development is looking for a Transaction Monitoring Expert, who can support transaction monitoring development, ensure decision making, and support the system governance, risk-based design, and ensure system coverage.
About the job
FCP Modelling & Development is part of 1st Line of defence in Group Operations and located in Saxo’s headquarters in Hellerup. We are a team with colleagues coming from different areas within Saxo’s FCP organization, and we are looking for an additional colleague to join our program. The goal of our team is to ensure that the models and other data-based automated processes we employ in FCP are sound, fit-for-purpose, adequately documented and regularly reviewed.
Within the team, you will work with colleagues experienced in statistical modelling and development, FCP Modelling & Development, supports the Saxo FCP organization in modelling and development strong solutions, which are catered to mitigate risks. You will also collaborate closely with the team as well as other subject-matter experts in different specialist functions, collecting and analysing their inputs, and turning them - together with your own expertise and research - into requirements. You will enable decision making, and be supported by data scientist, data analysts and other experts, who continuously develop and model the transaction monitoring solutions.
To succeed in the role, you need to be self-driven, structured and analytical, and enjoy taking ownership and collaborating with colleague, support in decision making and documenting requirements.
Responsibilities
- Risk Assessment & Framework Development: Design, maintain, and execute a comprehensive risk assessment framework, including identifying and evaluating inherent and residual financial crime risks related to Transaction Monitoring
- Research & Stakeholder Collaboration: Collect and analyze relevant information through proactive collaboration across internal and global teams, combined with independent research and subject-matter expertise
- Reporting & Governance: Prepare clear and concise risk assessments, governance documents, recommendations, and reports, while supporting incident management and KPI reporting
- Systems & Model Support: Contribute to system development, maintenance, and change management processes, including documentation, deployment, and model approval. Translate business requirements into specifications for statistical model development
- Advisory & Process Oversight: Provide guidance on monitoring processes and act as a trusted advisor on Transaction Monitoring within the Modelling and Development team
Your Profile
You are passionate about Transaction Monitoring and bring extensive experience from the banking sector, with at least five years of supporting complex Transaction Monitoring projects. You thrive at the intersection of technology and compliance, combining a strong technical understanding of system solutions with the ability to document policies, ensure system performance, and drive change management processes.
Your expertise spans system maintenance, incident management, and KPI reporting, and you are confident in translating business requirements into specifications for statistical model development. Bringing in-depth knowledge of Anti-Money Laundering (AML) regulations and the Transaction Monitoring regulatory framework, you excel at identifying, assessing, and documenting risk..
With strong communication, analytical, and problem-solving skills, you can interpret and apply regulatory requirements to mitigate risk exposure and support informed decision-making. Highly organized and detail-oriented, you manage multiple priorities with ease in a fast-paced environment. Experience working at the interface between regulations and Transaction Monitoring development is essential, and prior engagement with regulatory authorities will be considered a strong advantage.
If you are living abroad, we are looking forward to learning more about whether you plan to relocate or commute to the office in your application. Please note that no financial relocation support is offered as part of joining the role.
We conduct interviews on a continuous basis, so send your application sooner rather than later. We are looking forward to your application!
