Checkout.com
Manager, Transaction Monitoring (AML Compliance)
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Manager, Transaction Monitoring (AML Compliance)
The Transaction Monitoring (TM) Compliance Manager Role at Checkout.com
About Checkout.com
We’re Checkout.com. You might not know our name, but companies like eBay, Spotify, Klarna, Uber, and Sony do—because we’re behind many of the digital experiences you use every day.
We’re where the world checks out, enabling over 10 billion transactions yearly for more than one billion global shoppers. Whether you’re booking a holiday, ordering food, renewing a subscription, or completing an online purchase, there’s a good chance our technology powers the payments behind the scenes. Our platform helps the most ambitious businesses deliver effortless digital experiences—at scale.
If you want to do career-defining work, you’ve come to the right place. We move fast, think globally, and believe great teams are built by hiring exceptional people with conviction, curiosity, and the desire to make an impact.
With 20 offices across six continents and London as our HQ, we’re shaping the future of fintech—and we’re just getting started.
The Role: Transaction Monitoring (TM) Compliance Manager
This is a specialized financial crime risk and regulatory oversight role within the Second Line of Defence (2LoD) Financial Crime Compliance department. The Transaction Monitoring (TM) Compliance Manager is responsible for providing independent oversight, objective evaluation, and compliance challenges regarding the firm’s Transaction Monitoring framework.
Key Accountabilities:
As a Second Line Subject Matter Expert (SME), you will:
- Define the regulatory envelope and assess TM risk coverage.
- Independently review governance, methodologies, and documentation underpinning detection mechanisms.
- Provide assurance that the firm’s monitoring practices remain aligned with risk appetite, internal policies, and global regulatory expectations (AML/CTF/CPF).
Note: This role is not about ownership or technical control—it’s about independent assurance to ensure compliance and effectiveness.
Key Responsibilities
1. Compliance Oversight in Risk Assessment & Horizon Scanning
- Independent Review:
- Lead ongoing 2LoD evaluation and challenge of Compliance Risk Assessments (including EWRA and Product Risk Assessments) to ensure alignment with current transaction data, typologies, and product trends.
- Regulatory & Trend Monitoring:
- Proactively monitor shifts in global regulatory landscapes, financial crime trends, and enforcement actions to keep the TM risk framework comprehensive and defensible.
- Gap Identification:
- Assess the alignment of financial crime typologies with transaction monitoring coverage, identifying and escalating tracking gaps to senior management.
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2. Independent Compliance Challenge & Assurance Framework
- Segmentation & Calibration Challenge:
- Independently challenge customer segmentation methodologies (1LoD-driven) to ensure alignment with merchant risk profiles.
- Testing Governance & Risk Review:
- Review Below-the-Line (BTL) and Above-the-Line (ATL) testing methodologies, statistical parameters, and documentation to ensure robust governance.
- Residual Risk Decision-Making:
- Formulate independent compliance opinions on residual risk acceptance, providing advisory input to governance forums and Global MLROs.
3. Governance, Risk & Reporting
- Model Risk Governance:
- Participate in compliance reviews of TM systems and model validations, assessing transparency, logic, and regulatory defensibility (e.g., FCA guidance on model risk).
- Strategic Alignment & Stakeholder Engagement:
- Advise the Head of TM on aligning roadmap initiatives with the compliance maturity framework.
- Engage with cross-functional stakeholders to communicate requirements and ensure adherence to TM standards.
- Governance Enhancement & Escalation:
- Support structuring TM compliance governance frameworks for escalating risk metrics.
- Compliance Monitoring & Reporting:
- Assist in producing 2LoD Management Information (MI) and Key Risk Indicators (KRIs) to evaluate the effectiveness of compliance oversight.
4. Data Integrity & Alert Lifecycle Assurance
- Data Lineage Review:
- Ensure regulatory compliance in data lineage, integrity, and completeness for monitoring architecture inputs.
- Alert Workflow & Risk Framework Evaluation:
- Assess end-to-end alert governance, risk scoring, and prioritization to ensure high-risk alerts follow compliant escalation paths.
- Feedback Loops & SAR Quality:
- Analyze alert disposition trends and provide compliance feedback to technical teams to improve Suspicious Activity Reports (SARs).
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Qualifications & Experience
Required:
- 5+ years of proven experience in Financial Crime Compliance, with a focus on 2LoD oversight, assurance, or evaluation of Transaction Monitoring frameworks.
- Deep regulatory expertise in:
- UK Money Laundering Regulations (MLRs)
- Joint Money Laundering Steering Group (JMLSG) Guidance
- FATF international standards
- Data & Systems Literacy (familiarity with SQL, Looker, Tableau, or similar tools).
- Bachelor’s degree in Law, Finance, Criminology, or related discipline (or equivalent professional experience).
- Desirable: Recognized certifications (e.g., ICA International Diploma in AML, ACAMS ACAM).
Additional Information
Why Checkout.com?
We create the conditions for high performers to thrive, through real ownership, fewer blockers, and work that makes an immediate impact. Here, you’ll:
✔ Move fast and take on meaningful challenges. ✔ Be recognized for your impact—ambition meets opportunity. ✔ Grow on your own terms, whether in leadership, technical mastery, or innovation.
Work Life & Culture
At Checkout.com, we believe work should fit into your life—not the other way around. Our hybrid model gives you three days per week in the office for collaboration and inspiration.
Accessibility & Inclusion
We strive to make our process and workplace as accessible as possible. If you require any reasonable adjustments, let us know in your application or discuss with your recruiter.
Curious about life at Checkout? Check out our Careers Page or follow us on LinkedIn and Instagram for a deeper look!
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