Overview

LHV Bank Limited is a UK-licensed bank operating across three core business segments: Retail Banking, SME Lending, and Banking Services (BaaS). The bank is a wholly owned subsidiary of LHV Group, a listed financial services provider headquartered in Estonia. LHV Bank operates under a full UK banking licence granted in May 2023.The Bank supports over 200 fintech clients with embedded financial infrastructure, provides retail savings products via digital channels, and offers SME credit solutions across the UK. In line with its regulatory responsibilities and growth ambitions, LHV Bank is committed to maintaining a robust and proportionate financial crime control environment.Location: London. This is a Hybrid role requiring in-office presence 2-3 days per week.Role Overview

As the Transaction Monitoring Team Lead, you will oversee our transaction monitoring operations to ensure compliance with AML (Anti-Money Laundering) and CTF (Counter-Terrorist Financing) obligations. You will lead a team of analysts and specialists, develop and enhance monitoring systems, and play a pivotal role in shaping our financial crime prevention strategy.Responsibilities

Leadership and Team Management

Manage and mentor a team of transaction monitoring analysts.Oversee day-to-day operations including case allocation, reviews, and escalations.Conduct regular 1:1s, performance reviews, and provide continuous feedback and development support.

Transaction Monitoring Operations

Oversee alert reviews, investigations, and decisions regarding suspicious activity.Ensure timely and high-quality Suspicious Activity Reports (SARs) and internal escalations.Maintain and refine transaction monitoring rules and scenarios to reduce false positives and increase detection accuracy.

Compliance and Regulatory Engagement

Stay abreast of UK and international AML/CTF regulatory changes and industry best practices.Ensure the team’s processes and outputs meet FCA and POCA standards.Act as a point of contact for internal audit, external regulators, and law enforcement, when required.

Process Improvement and Strategy

Identify process inefficiencies and drive continuous improvement initiatives.Collaborate with data science, technology, and product teams to improve rule logic and detection systems.Contribute to risk assessments and enhancement of the bank’s AML framework.

Qualifications

Significant experience in financial crime, AML, or transaction monitoring roles, preferably within a fintech or digital bank.Prior leadership or team lead experience.In-depth knowledge of UK and EU AML regulations, FCA guidelines, and industry standards.Experience working with transaction monitoring systems (e.g., Actimize, SAS, ComplyAdvantage, etc.).Strong analytical, investigative, and decision-making skills.Excellent written and verbal communication skills.Benefits

Competitive salary and progressionOpen and inclusive cultureHybrid workingFantastic offices and great working environmentVitality Health Plan (includes private health insurance, travel insurance, gym discounts)Medicash health plan (Level 3)5% employer pension contributionLife assuranceIncome protection insurance28 days holiday plus 3 additional days, bank holidays and further days for various key life eventsTeam socials

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