Compliance Operations Specialist- Lead

Description

The Compliance Operations specialist will oversee daily compliance tasks, such as KYC processes for customers, beneficiary approvals, and regulatory inquiries related to the activities. The role involves assisting with onboarding processes, providing support for internal teams on regulatory matters, and ensuring compliance with applicable laws and regulations. The lead will also coordinate operational compliance aspects, implement cross-organizational compliance processes, and coordinate internal systems.

 Key Responsibilities

• Daily Compliance Operations:
• Implement and enforce compliance policies and procedures with internal teams and external partners.
• Operate internal systems for tasks like beneficiary and payer approvals.
• Provide timely, accurate regulatory responses regarding transactions for RFIs.
• Review workflows to identify compliance risks and raise red flags to the Compliance Officer when necessary.
• Support customer onboarding through KYC/KYB questionnaires, annual updates, and due diligence (DD).
• Collaborate with third-party compliance providers, such as sanction screening services.
• Consolidate operational compliance tasks and report to the Compliance Officer.
• Regulatory Knowledge:
• Deep understanding of global and local payment regulations, including PSD2, AML, GDPR, and more.
• Stay updated on regulatory changes in markets where the company operates.
• Compliance Process Support:
• Assist and back up the compliance team as needed (Sunday-Thursday or Monday -Friday shifts - from the office).
  
  

• Attention to Detail and Analytical Skills:
• Proficiency in Excel for data analysis and precise process tracking.
• Strong project management and organizational abilities.
• Excellent writing and communication skills.
• Proven ability to work autonomously and manage tasks with enthusiasm and accuracy.
• Positive, optimistic, and solution-focused mindset.
• Expertise in Compliance:
• In-depth understanding of compliance in payment and financial institutions.
• Proven experience in operational compliance, with the ability to manage complex regulatory challenges.
• Operational Compliance Experience:
• Ability to manage ongoing operational regulatory tasks with internal stakeholders to ensure compliance with relevant regulations.
• Language Proficiency:
• High-level English.
• Additional languages are an advantage.
  
  

• Bachelor’s degree in Law, Economics, Business Administration, or a relevant field.
• 3–5 years of experience in operational compliance within payments/clearing companies or international financial institutions.
• Experience working with payment regulations and frameworks.
  
  

• Prior experience with regulators and international financial entities.