Analyst I, Financial Crime Compliance Monitoring

Company Description

Checkout.com is one of the most exciting fintechs in the world. Our mission is to enable businesses and their communities to thrive in the digital economy. We’re the strategic payments partner for some of the best known fast-moving brands globally such as Wise, Hut Group, Sony Electronics, Homebase, Henkel, Klarna and many others. Purpose-built with performance and scalability in mind, our flexible cloud-based payments platform helps global enterprises launch new products and create experiences customers love. And it's not just what we build that makes us different. It's how.

We empower passionate problem-solvers to collaborate, innovate and do their best work. That’s why we’re on the Forbes Cloud 100 list and a Great Place to Work accredited company. And we’re just getting started. We’re building diverse and inclusive teams around the world — because that’s how we create even better experiences for our merchants and our partners. And we need your help. Join us to build the digital economy of tomorrow.

Job Description

A Compliance Ops analyst is responsible to execute the day to day operations based on the relevant policies and processes, with a view to mitigate AML risk through review of customer files or transactions. In this role, you will be responsible for collecting, investigating, verifying customer information and documenting the outcome of your assessment accordingly. This involves reviewing identification documents, financial statements, legal documentation, and other relevant records. You will also identify any potential fraud and money-laundering risks, draft suspicious activity reports for your investigation in line with regulatory expectations. 

What your responsibilities will be:

• Demonstrate a thorough understanding of AML requirements and transaction monitoring processes to ensure compliance with regulatory standards.

• Perform customer risk assessment and effectively apply a risk-based approach (RBA) to tailor due diligence according to risk levels.

• Collaborate with stakeholders to conduct in-depth transaction monitoring reviews, identifying suspicious activity, patterns, and potential red flags.

• Ensure timely and accurate updates to the transaction monitoring database, maintaining a comprehensive record of flagged transactions and follow-up actions.

• Perform risk-based assessments of transactional activity, tailoring monitoring efforts to align with the risk profiles of customers and merchants.

• Recommend innovative solutions and improvements to enhance the transaction monitoring infrastructure and processes, driving continuous advancements in AML operations.

• Exhibit strong analytical and problem-solving skills, quickly identifying and addressing potential money laundering risks through data analysis.

• Respond promptly to inquiries and requests from enforcement bodies, regulators, and banking partners related to transaction monitoring, within the required SLAs.

Qualifications

• Bachelor’s degree or equivalent, with a minimum of 1-3 years of experience in similar roles.

• Focused on structured processes, consistently striving for streamlined approach to drive efficiency in Compliance operations

• Skilled at working collaboratively and effectively communicating, positively influencing team members across various departments.

• Capable of adjusting to rapid-paced and agile settings, prepared to operate within demanding timelines and schedules.

• Proficient in English (additional fluency in Mandarin, Japanese, or French is a plus).

• Ideally experienced in dealing with global AML requirements.

• Knowledge / experience in the payment processing industry and/or e-commerce landscape is beneficial.

• Demonstrates acute attention to detail.

Experience you will bring to the role:

• An analyst conducts research and investigations to verify information of merchants’ account information and documents. You should ensure the proper due diligence is performed in accordance with the relevant procedures as required.

• As a Compliance Operations analyst, you may be expected to review the customers’ policies and procedures and perform their assessment to ensure compliance with the relevant regulations.

• You should possess strong verbal and written communication skills to document and articulate the requirements in a clear and concise manner to the stakeholders and customers.

• You must also be detail-oriented multi-taskers who can work independently with little supervision, at the same time have good decision making, time management and organisational skills.

Additional Information

Apply without meeting all requirements statement 

If you don't meet all the requirements but think you might still be right for the role, please apply anyway. We're always keen to speak to people who connect with our mission and values.

We believe in equal opportunities

We work as one team. Wherever you come from. However you identify. And whichever payment method you use. 

Our clients come from all over the world — and so do we. Hiring hard-working people and giving them a community to thrive in is critical to our success.

When you join our team, we’ll empower you to unlock your potential so you can do your best work. We’d love to hear how you think you could make a difference here with us. 

We want to set you up for success and make our process as accessible as possible. So let us know in your application, or tell your recruiter directly, if you need anything to make your experience or working environment more comfortable. We’ll be happy to support you.

Take a peek inside life at Checkout.com via

• Our Culture video https://youtu.be/BEwnpHuadSw
• Our careers page https://www.checkout.com/careers
• Our LinkedIn Life pages bit.ly/3OaoN1U
• Our Instagram https://www.instagram.com/checkout_com/