Transaction Monitoring Analyst (Internship)

6-month Internship
Start Date : July / August / September

Who are we?

iBanFirst is a fast-growing European fintech that is revolutionizing international payments for SMEs. Founded in 2016, our platform empowers Small & Medium Multinationals (SMMs) to regain control over their payment operations: currency conversion (FX), international transactions, and foreign exchange risk management across 140 countries — quickly, transparently, and securely. 

We make life easier for SMEs through an advanced technology platform (automation, APIs, AI…) combined with dedicated expertise , offering the best of both worlds: the agility of a SaaS solution and the reliability of a trusted partner. 

By simplifying complexity, iBanFirst helps thousands of bold companies seize global business opportunities with peace of mind — delivering simplicity, transparency, and security. 

Key figures

• 350+ employees across 14 offices in 11 European countries
• 30+ nationalities represented, average age: 32
• 10,000 corporate clients trust us
• €80M in revenue in 2025 , with a target of around €100M in 2026
• Profitable for nearly two years
• Ranked for 7 consecutive years in the Financial Times FT1000 , among the fastest-growing European companies
• An NPS of 87.5— an exceptional score in our industry that reflects enthusiastic client feedback on the simplicity, speed, and quality of our service

A strong culture built around 4 core values

• Team First : The complexity of our industry demands collective intelligence. We prioritize cooperation, transparency, and knowledge sharing. Success is a team effort, and decisions are made together.
• Tenacity : We’re transforming a challenging and highly regulated market. It requires endurance, fast learning, and resilience — qualities rooted in our entrepreneurial DNA.
• Transformation : Innovation is not a buzzword; it’s a necessity in a constantly shifting and strategic sector. We innovate with intent: every technical, product, or organizational improvement is designed for real impact.
• Trust : Trust is the foundation of everything we build — with our clients and, above all, internally. It’s driven by ownership, autonomy, and a shared commitment to transparency, rigor, and reliability.

Why join us?

• We operate at the heart of a strategic and fast-evolving sector : international payments for SMEs — a complex, high-potential market.
• We’re driven by a meaningful mission: helping bold “Small & Medium Multinationals” succeed globally.
• Our platform integrates cutting-edge technologies (AI, automation…), making it an ideal playground to test, learn, and innovate continuously .
• You’ll join an agile environment where your expertise has tangible impact, working alongside talent from top financial institutions.
• iBanFirst is profitable and backed by long-term investors:
• Xavier Niel and Bpifrance , historical shareholders, have supported and trusted us from the beginning
• In 2021, the entry of Marlin Equity Partners marked a new chapter in our international ambitions

Joining iBanFirst means joining a profitable, international, fast-growing tech company. It’s also a chance to learn, grow, and contribute directly to a shared ambition: simplifying international finance for SMEs.

Job description

What if you could be able to contribute to iBanFirst protecting itself? That you could investigate signals and alerts that could prevent financial terrorism, money laundering, fraud, and sanctions? Being an international payment provider goes hand in hand with a lot of risks for our company itself. Therefore, our team of Transaction Monitoring Analysts is accurate, acting on an integer basis and monitoring suspicious financial activity. As part of this team, you will be operating as the first line of defense.

What you will do

You will be engaged in critically analyzing transactions to identify deviations in transaction patterns, defined business activities, or behavior. You will review and assess whether you consider a transaction to be unusual and avoid sanction regulations, fraud, and money laundering. This is done by keeping the laws and regulations in mind for every specific country of origin of the client and data from internal systems. You know how to do client research and collect and link information in an effective way. Based on the information you will come up with the conclusion: reporting to compliance or not?

You proactively think along about efficiency improvements beyond the boundaries of your own tasks and responsibilities. You will be triggered to go out of your comfort zone and write with us on the success story by saving iBanFirst to keep the financial landscape safe by protecting it from integrity risks. As such, the main assignments are:

• Monitor daily transactions to detect suspicious activities and potential money laundering or fraud.
• Investigate alerts generated by the transaction monitoring system to determine if there is a potential suspicious transaction involved.
• Assess transactions in the context of previous transactions and the client’s business/purpose of the account.
• Maintain accurate and concise records of all investigations undertaken, including the rationale for any decisions made.
• Ensure compliance with internal policies, regulatory requirements, and industry best practices.
• Work closely with other departments, such as Compliance and Legal, to address transaction monitoring-related issues and implement solutions.

What do you bring?

• A bachelor’s or master’s degree in finance, audit or legal
• A strong eye for details
• Fluent in French and in English

With your curiosity and proactivity, you see it as a challenge to deep dive into transactions and the regulations of our clients in different countries throughout Europe. You are eager to learn, autonomous, and not afraid to ask questions. Being open-minded and a strong communicator helps you to work closely with your team and colleagues in Compliance. Together, you act as the initial gatekeeper for criminal activity.

What do we offer?

• Various missions and projects in an innovative and rising start-up in a thriving industry (fintech)
• A key role and a unique opportunity to shape the future of iBanFirst
• A great, professional and international team with a flat hierarchy
• A nice work environment
• Regular offsite and internal events

Our recruitment process

1. Interview with Sara (Senior Transaction Monitoring Analyst) & Thibault (Transaction Monitoring Team Lead)
2. Interview with Kevin (Transaction Monitoring Analyst)