Key Responsibilities
- Review, assess and maintain Nium’s AML/CFT policies, procedures, and controls in accordance with country specific regulatory requirements.
- Assist the SG MLRO in compliance/AML related advisory for new products launches and enhancements to existing ones.
- Assist to improve and streamline end to end compliance operational processes through automation and technology to enable scaling of the Nium business unit.
- Ensure all due diligence requests and escalations, including review of clients’ profile, risk rating, name screening, verification of documentations during the clients' lifecycle are resolved within agreed timeframes, and any issues or bottlenecks that arise are escalated in a timely manner.
- Perform periodic, trigger, and ad hoc AML reviews on clients' profile, and ensure that adverse news hits and increased risk factors have been appropriately identified and escalated in accordance with Nium’s specific procedures and requirements.
- Perform due diligence on payment partners and other 3rd party vendors and ensure risk factors have been appropriately identified and escalated in accordance with Nium’s specific procedures and requirements.
- Conduct quality assurance checks for Nium, highlighting control gaps and working with stakeholders to ensure remediation is completed timely.
- Work with internal stakeholders to understand and provide feedback on the product design and parameters, perform KYB/KYC due diligence, customer onboarding.
- Use technology and machine learning to build capabilities to scale for analysis of high-risk transactions within a business portfolio.
- Conduct Modelling exercise and design new use cases as applicable.
- Participating in compliance or product-driven projects, including regulatory developments and strategic initiatives
Requirements
- At least 7 years’ experience within regulated companies, in compliance role(s) with robust knowledge on compliance topics (KYB / KYC, AML/CFT, Sanctions etc.)
- Good understanding of the Payments/Fintech industry
- Knowledge and experience (preferably within Payments/Fintech) in using risk-based approach to balance commercial needs with ML/TF/PF risks in decision making
- ACAMS/ICA certified (preferably)
- Strong analytical skills with experience in problem solving and being able to implement and deliver solutions
- A self-motivator with the ability to get things done
- Ability to identify inefficiencies, see the bigger picture, challenge the current status quo and define scalable and sustainable processes and methodology
- Able to prioritise quickly and meet deadlines under pressure
- Strong stakeholder management and communication skills
- Team player with strong collaborative qualities
