Company Description
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 are where the world checks out, enabling over 10 billion transactions daily for more than one billion global shoppers.
Whether you want to book a holiday, order food, renew a subscription, or check out online, there’s a good chance our tech 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
The AML Risk Controls Manager, Transaction Monitoring at Checkout.com is a specialized FinCrime risk, technical and regulatory role within the Financial Crime Compliance department. You will be responsible for the end-to-end efficacy of the Transaction Monitoring (TM) framework. This includes the TM risk assessment, scenario design, implementation, and ongoing optimization of detection scenarios to identify money laundering, terrorist financing (CTF), and counter-proliferation financing (CPF) risks.
As a Subject Matter Expert (SME), you will bridge the gap between regulatory requirements and data science, ensuring that TM controls are commensurate with the firm’s risk appetite and the evolving payments landscape.
TM Strategy & Design
- Scenario Design & Analysis: Conduct detailed analysis of financial crime typologies to design and implement TM scenarios. You will ensure coverage is mapped against the firm’s Enterprise-Wide Risk Assessment (EWRA).
- Customer Segmentation: Develop and maintain data-driven customer segmentation models to ensure monitoring is tailored to the specific risk profiles of various merchant sectors.
- Threshold Tuning: Lead periodic “Below-the-Line” (BTL) and “Above-the-Line” (ATL) testing to optimize scenario thresholds, minimizing false positives while maintaining high detection rates.
- Governance: Continuously enhance the existing governance framework to ensure actionable intelligence is delivered to key stakeholders.
- Strategic Support: Provide operational and strategic support to the Head of TM, driving key roadmap initiatives and ensuring alignment with the Checkout Compliance maturity framework.
- Stakeholder Influence: Utilize strong stakeholder management skills to influence multiple teams and drive a robust TM program.
- System & Model Validation: Participate in the annual review of TM systems and model validation exercises, ensuring compliance with regulatory expectations (e.g., FCA/PRA standards) regarding “black box” logic and model transparency.
- Reporting: Produce detailed Management Information (MI) and Key Risk Indicators (KRIs) for the Head of TM and Global MLRO to inform the firm’s compliance maturity posture.
Data & Production Oversight
- Data Preparedness: Collaborate with Data and Product teams to ensure data integrity, lineage, and completeness for all inputs into the TM system.
- Alert Lifecycle Management: Oversee the workflow from alert production and risk-based scoring to prioritization, ensuring that high-risk activity is escalated for immediate investigation.
- Case Review & Outcomes: Analyze alert outcomes to identify trends, providing feedback loops into the scenario design process to enhance the quality of Suspicious Activity Reports (SARs).
Qualifications / Level of experience
- Typically 5+ years within Financial Crime Compliance, specifically focused on Transaction Monitoring at a regulated PSP, FinTech, or Tier-1 Bank.
- Proven track record in TM scenario development, customer segmentation, and the application of advanced technology solutions (e.g., Machine Learning/AI) in a compliance context.
- Deep understanding of the Money Laundering Regulations (MLRs), JMLSG Guidance, and international FATF standards.
- Professional experience with AI tools, SQL and data visualization tools (e.g., Looker, Tableau) is essential for threshold tuning and data analysis.
- Education/Certification: A Bachelor’s degree in Law, Finance, or a related field. Professional certifications such as ICA (International Diploma in AML) or ACAMS are highly preferred.
Additional Information
Bring all of you to work
We create the conditions for high performers to thrive, through real ownership, fewer blockers, and work that makes a difference from day one.
Here, you’ll move fast, take on meaningful challenges, and be recognized for the impact you deliver. It’s a place where ambition gets met with opportunity, and where your growth is in your hands.
We work as one team, and we back each other to succeed. So whatever your background or identity, if you’re ready to grow and make a difference, you’ll be right at home here.
It’s important we set you up for success and make our process as accessible as possible. So let us know in your application, or tell your recruiter directly, if you need anything to make your experience or working environment more comfortable.
Life at Checkout.com
We understand that work is just one part of your life. Our hybrid working model offers flexibility, with three days per week in the office to support collaboration and connection.
Curious about what it’s like to be part of our team? Visit our Careers Page to learn more about our culture, open roles, and what drives us.
For a closer look at daily life at Checkout.com, follow us on LinkedIn and Instagram.
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