Deputy Head of Transaction Monitoring

The Deputy Head of Transaction Monitoring is a senior 2LOD leadership role responsible for the execution, oversight, and continuous transaction monitoring framework across all regulated entities. The role sits within the Group Financial Crime & Compliance function and reports directly to the Head of Transaction Monitoring (TM).

Responsibilities

TM Framework & Policy

• Shape and evolve the Group TM framework with the Head of TM — policies, procedures, rule design methodology, threshold calibration, and the quality assurance regime.

• Review and challenge Scenario Engineering outputs, rule specifications, threshold proposals, and back-testing results ahead of Head of TM sign-off.

• Own the quality bar for QA and Governance outputs, ensuring they meet the standard expected by senior management and regulators.

• Shape rule change proposals and threshold recalibrations through the change management process.

• Drive TM minimum standards across entities, partnering with local Heads of Compliance to close gaps.

Delegated Authority & Decision-Making Hold formal delegated authority from the Head of TM, stepping into the primary TM decision-maker role whenever they're unavailable and a decision can't wait. In this capacity, you will:

• Approve withdrawal holds, account restrictions, and alert escalations.

• Review L3 SAR referral packs for completeness and evidential sufficiency before they go to the entity MLRO.

• Approve interim rule threshold changes that can't be deferred, recording the rationale for the Head of TM to confirm on their return.

• Deputise fully for the Head of TM during leave or absence, holding full decision-making authority within the governance framework for that period.

Regulatory Engagement Working under the Head of TM's direction, and independently when they're unavailable, you will:

• Support the Head of TM in managing regulator relationships on TM matters.

• Respond to supervisory queries, attend regulatory meetings, and represent the TM function at inspections.

• Support the preparation and delivery of regulatory submissions, responses to supervisory feedback, and remediation communications.

• Coordinate with entity MLROs and Heads of Compliance on jurisdiction-specific TM requirements.

Team Leadership

• Provide day-to-day leadership and line management of TM specialist teams, alongside the Head of TM.

• Lead recruitment, onboarding, and development of TM analysts across pillars.

• Chair TM governance meetings, including in the Head of TM's absence.

• Act as the senior escalation point for analysts, bringing decisions to the Head of TM where needed.

• Drive risk culture across the TM function through visible leadership, consistent challenge, and clear communication.

Governance & Oversight

• Uphold the governance boundary between TM compliance decisions and commercial interests, escalating to the Group Head of Compliance and Regulatory Risk if the Head of TM is unavailable to resolve a conflict.

• Ensure 1LOD Alert Operations operates within the framework set by 2LOD, escalating any breach to the Head of TM.

• Maintain audit-ready documentation across all TM governance activity.

• Act as a senior escalation point for material TM issues, control failures, and emerging risks across all entities

Requirements

• Extensive experience in financial crime compliance, with at least 3 years in a senior TM role (team lead, deputy head, head of TM, or equivalent) within a regulated financial services firm.

• Experience in the CFD, forex, or leveraged derivatives sector, or with investment firms offering similar products.

• Demonstrable experience making autonomous decisions on TM matters: alert escalation, SAR filing recommendations, account restriction approvals, and rule threshold adjustments.

• Experience engaging directly with the FCA or another Tier 1 regulator (CySEC, ASIC, MAS, BaFin) on TM or financial crime matters, including responding to supervisory queries and attending regulatory meetings.

• Experience with TM framework design or significant enhancement, including rule design methodology, threshold calibration, and quality assurance.

• Working knowledge of AML/CTF regulatory requirements in at least two of: UK (FCA/MLR 2017), EU/Cyprus (AMLD/CySEC), Australia (AML/CTF Act/AUSTRAC), UAE (CBUAE).

• Experience managing or overseeing a team of financial crime or TM specialists.

• Strong written and verbal communication: the role produces materials for senior management, the CCO, the Board, and regulators

What you will get in return:

• Competitive Salary: We believe great work deserves great pay! Your skills and talents will be rewarded with a salary that makes you feel valued and motivated.

• Work-Life Harmony:Join a company that genuinely cares about you - because your life outside of work matters just as much as your time on the clock. #LI-Hybrid

• Generous Time Off:Need a breather? Our annual leave policy lets you recharge and enjoy life outside of work without a worry.

• Employee Referral Program:Love working here? Share your talented friends on board and get rewarded for growing our awesome team.

• Comprehensive Health & Pension Benefits:From medical insurance to pension plans, we’ve got your back. Plus, location-specific benefits and perks!

• Workation Wonderland:Live your digital nomad dreams with 30 extra days to work remotely from anywhere in the world (some restrictions apply). Adventure awaits!

• Volunteer Days:Make a difference! Take two additional paid days each year to support causes you care about and give back to the community.

Be a key player at the forefront of the digital assets movement, propelling your career to new heights! Join a dynamic and rapidly expanding company that values and rewards talent, initiative, and creativity. Work alongside one of the most brilliant teams in the industry.

Applicable for Poland: Our company has an Internal Reporting Procedure. It is available from the Human Resources Department upon request hr@capital.com. You may report a violation referred to in the Procedure under the terms specified therein.