Zai
The story of Zai
Zai was born from the April 2021 merger of Assembly Payments and CurrencyFair. We are boldly transforming the future of financial services and powering our customers by making innovative financial services accessible to all.
Assembly Payments, founded in 2013, has been one of the fastest growing fintechs in Australia, with a presence in Singapore, India, Philippines and the US. Specialising in building automated payment workflows, with APIs, to reduce the complexity of running both traditional and digital-native businesses.
CurrencyFair, founded in 2010 and with offices in Ireland, UK, Hong-Kong, Singapore & Australia, is a global cross-border payments fintech that serves individuals and businesses with international payments and currency exchange through its proprietary global platform.
The Zai brand focuses on mid-market and enterprise-level business customers in the world of integrated financial services, including payments, FX, fraud management, reconciliation and more. While the CurrencyFair brand continues as the home for consumers and small businesses who want faster, cheaper foreign exchange.
Zai has over 170 employees, growing to 450 by 2025 and we are now expanding our presence across APAC, Europe, the Middle-East, and the US. We are looking for skilled, motivated and passionate people who want to be part of the next generation of financial services.
The Role/Team
The Transaction Monitoring team is part of the Financial Crime and Compliance Operational Team. The objective of the team is to proactively perform ongoing monitoring and reviews to meet regulatory, payment network and banking partner requirements.
Duties and Responsibilities
- Investigating transaction monitoring alerts to identify potential suspicious transactions, considering historical transactions
- Create and maintain accurate and concise records of all investigations undertaken including details on the rationale for any decisions made
- Compiling and advising on investigation data for market alerts and escalating as appropriate
- Seek to build an understanding of the profile of customers highlighted through the transaction monitoring alert process
- Assisting with and preparing management information reports
- Observing industry trends and speaking up about potential opportunities to improve our tools, processes, and products
- Engaging with relevant stakeholders
- Provide advice and support to the business units on the identification of areas of risk as a result of transaction monitoring trends
Qualifications and Experience
- Previous hands-on experience in a Financial Crime/AML role and ideally in Financial Services
- A working knowledge of Financial Crime frameworks, policies, procedures and processes
- High level of accuracy and attention to detail
- Strong communication skills, both verbal and written with ability to deal effectively with senior management and administration staff
- Sound analytical skills
- Ability to work on own initiative
- Ability to make robust decisions in a fast-moving environment
Desirable
- An ACAMS qualification (or equivalent)
What we offer in return
- Global market exposure in an agile organization where your ideas and contributions will have a strong impact on the company’s growth and success.
- A company culture with an innovative, inclusive & collaborative mindset where you will learn and grow alongside high calibre talented professionals.
- A collaborative and flexible work environment. Enjoy a hybrid work environment with the opportunity to work remotely or in our offices in Melbourne, Sydney, Singapore, Hong Kong, Dublin, India and Manila.
- Competitive salary packages & benefits while ensuring consistent professional development and opportunities.
Our Equal Opportunity Employer Commitment
Zai is an equal opportunity employer committed to creating a diverse environment for its workforce. All qualified applicants will receive consideration without bias to education, race, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability or age.
If you require any specific assistance or a reasonable adjustment due to a disability please let your recruiter know as part of your application and we will be happy to provide dedicated support.
To apply for this job please visit www.linkedin.com.