AddressMy client, one of the fastest growing Fintech firms is looking to hire for their Risk and Compliance practice area.
Regulatory Compliance:
- Stay abreast of evolving regulatory requirements and guidelines relevant to the fintech industry, particularly in payments and lending domains.
- Interpret regulatory changes and assess their impact on the company's operations, products, and services.
- Advise internal stakeholders on compliance obligations and assist in implementing necessary changes to ensure adherence to regulations.
KYC and AML (Anti-Money Laundering):
- Develop and enhance KYC policies and procedures to ensure thorough customer due diligence and compliance with AML regulations.
- Conduct risk-based customer reviews and screening processes to identify potential money laundering activities and fraud risks.
Risk Assessment and Mitigation:
- Assess risks associated with the launch of new products, features, or services in the payments and lending space.
- Identify potential compliance risks, operational vulnerabilities, and financial exposures, and develop mitigation strategies to address them.
- Establish monitoring procedures to track compliance with regulatory requirements, internal policies, and industry standards.
Compliance Monitoring and Reporting:
- Conduct periodic compliance reviews and audits to assess the effectiveness of existing controls and identify areas for improvement.
Training and Awareness:
- Develop and deliver training programs to educate employees on regulatory compliance obligations, including KYC procedures and risk management practices.
Candidate Requirements:
- Bachelor's degree in Finance, Business Administration, Law, or a related field. Advanced degree or professional certification in compliance, risk management, or AML preferred.
- 6 years of experience in risk management, compliance, or regulatory affairs within the fintech or financial services industry, with a focus on payments and lending.
- Strong understanding of KYC principles, AML regulations, and other relevant compliance requirements.
- Ability to assess and mitigate risks associated with fintech products and services, particularly in payments and lending.
- Familiarity with regulatory compliance tools and software for monitoring, reporting, and documentation purposes.
