AML Officer

payabl. empowers businesses to grow through payments innovation and banking services. Our ambition is to expand our strong portfolio of global financial services we provide to businesses and make them all available in one place on our platform we call payabl.one. As a licensed financial company with principal membership with card schemes, we specialize in global payments and providing businesses with multi-currency accounts.

Our Dutch entity, Payabl.NL B.V., is currently in the process of obtaining a license from De Nederlandsche Bank N.V. (DNB) and is looking to hire for its key functions. One of those functions is the AML Officer. 

This role is about:

In that position, you will play a pivotal role in preventing and detecting potential money laundering activities and other unwanted money flows and keeping an eye out to make sure the international sanctions are respected. 

You will report to the Managing Directors of the Amsterdam office and you will be instrumental in safeguarding our operations against the risks associated with illegal activities. Your vigilance and strategic approach to identifying and performing due diligence on our merchants will serve as a critical line of defense against financial crimes. 

You will: 

• Lead the onboarding process of our clients (merchants) by making sure the KYC file is created, completed and kept in line with our policies and procedures.
• You will perform a risk analysis based on the KYC file and make sure that the merchant and its business model is within the risk appetite of Payabl.NL.
• Update the KYC file based on our monitoring results and ongoing screening and otherwise ensure that the KYC file is kept up-to-date and timely reviewed according to its risk rating.
• Execute comprehensive monitoring activities, focusing on client transactions to prevent illicit conduct.
• Proactively identify, assess, and devise strategies for mitigating risks related to criminal activities, fraud, and other illegal or undesirable operations.
• Utilize various tools, software, and data sources to analyze financial transactions, customer profiles, and behavior to identify unusual patterns, red flags, and potential sanctions breaches.
• Prepare and submit internal unusual and/or suspicious activity/transactions reports.
• Ensure the integrity and confidentiality of customer data within company databases, promptly updating any relevant customer information.
• Communicate KYC requirements effectively across the organization to ensure all employees are informed of their responsibilities.
• Collaborate with other employees and representatives of the Company to achieve objectives.
• Implement and perform the AML/CTF related regulatory and statutory requirements, including the requirements of the Central Bank of Cyprus and the best standards and practices, within the Company.

What we need:

• Masters Degree in a relevant field (e.g. business administration, law, finance).
• A minimum of two years’ experience working with AML and Sanctions regulations on a daily basis.
• A working knowledge of the Paytech industry.
• Familiarity with client risk assessment tools.
• Proven ability to handle high volumes of requests efficiently.
• Strong multi-tasking capabilities, with the ability to adapt quickly to a dynamic and constantly changing environment.
• Analytical mindset with meticulous attention to detail.
• Proficient in written communication and negotiation skills.
• Strong written and verbal communication skills in English.
• Commitment to ethical integrity and professional conduct.
• Ability to stay updated with regulatory changes and evolving financial crime tactics.

The perks of being a payabl.er: 

• 💷 Attractive Compensation and Revolutionary Opportunities: Join us and play a key role in transforming the payments industry with a competitive salary.
• 🎓 Immense Educational Opportunities: Benefit from significant contributions to your professional training and development.
•  🌴Generous Vacation Policy: Enjoy 25 days off plus public holidays, ensuring ample time to rest and recharge.
• Future-Proof Your Finances: Jump on board, and after your probation period, we'll kickstart your Provident Fund
•  🏠Hybrid Working Option: Choose how you work best with our flexible hybrid working arrangements.
• 🤝 Team Bonding: Participate in regular team events, business trips, and activities that build a strong, collaborative culture.

Location:

• Our office is based in Amsterdam, and hybrid working is available.

Ready to Join Us?

Let's embark on a journey to redefine the landscape of payments together. We're not just offering a role; we're inviting you to be a part of something bigger. Join our team, and let's innovate, disrupt, and lead the future of payments. Together, we can make an impact that resonates. Welcome to the team! 

If this role seems like a good match, please submit your resume all applications are treated with the strictest confidentiality. Please note that we may keep your CV for a period of one (1) year for future relevant job opportunities. For more information about how we process your data please see our privacy policy at https://www.payabl.com/privacy-policy