The Role
Conduct KYB due diligence on prospective and existing vendors, assess documentation and risk, maintain accurate Vendor Master records, track criticality and agreement statuses, and coordinate with compliance, legal, managers, and vendors. The role also supports documentation requests, monthly compliance rectifications, and vendor renewal, renegotiation, or termination processes while completing reviews within one to two business days.
Summary Generated by Built In
About Wahed:
The global financial system wasn't built for everyone. For millions of people, its reliance on interest (riba) creates a barrier to managing money and building wealth without compromising their values.
At Wahed, we're changing that. We are a global fintech company on a mission to build a new financial system - one that is ethical, accessible, and entirely interest-free. From our offices across the globe, our team is building products that were once deemed impossible, from pioneering Shariah-compliant equity ETFs, creating riba-free alternatives to high yield savings accounts, to creating no-leverage real estate investments for truly interest-free income producing assets. If you're driven to solve complex problems and believe finance should empower, not exclude, join us in building a more equitable financial future.
Job Description:
• Conduct Know Your Business (KYB) due diligence checks on prospective and existing
vendors, reviewing documentation submitted by the Manager to identify and assess risk.
vendors, reviewing documentation submitted by the Manager to identify and assess risk.
• Complete due diligence reviews within a reasonable timeframe of 1-2 business days
from receipt of complete documentation.
• Liaise directly with vendors, where authorised by the Manager, to obtain any outstanding
information or documentation required for onboarding.
• Act as designated owner of the Vendor Master, creating and maintaining vendor records and ensuring
information is accurately and promptly reflected throughout the vendor lifecycle.
• Record vendor criticality classifications and supporting rationale in the Vendor Master,
based on determinations communicated by the Local Compliance Team and Country Head.
• Share due diligence findings with the Local Compliance Team and support resolution of
any requests for further documentation.
• Facilitate rectification of, and updates to, the Vendor Master where inconsistencies are
identified during monthly compliance reviews.
• Proactively track vendor agreement expiry dates and initiate the renewal or termination
process no later than one month prior to expiry.
• Consult with Managers on renewal, renegotiation, or termination decisions, and liaise
with the Legal team to prepare any required documentation.
• Confirm final renewal, renegotiation, or termination decisions in writing to the Local Compliance Team and
Country Head, and update the Vendor Master with the relevant decision and status.
Job Specification:
• 1 to 3 years of experience in KYB, KYC, AML, or Third-Party/Vendor Due Diligence.
• Should possess strong verbal and written communication skills with an eye for detail.
• Should be able to liaise directly with vendors and internal stakeholders (Managers,
Compliance, Legal) via calls, emails and chat.
• Knowledge in MS Office and comfortable maintaining structured trackers and records
(e.g. Vendor Master).
• Ability to manage and complete specific tasks with minimal direction.
• Willingness to continuously learn, upgrade skills and stay relevant to business demands.
Skills Required
- 1 to 3 years of experience in KYB, KYC, AML, or third-party/vendor due diligence
- Strong verbal and written communication skills with attention to detail
- Ability to liaise directly with vendors and internal stakeholders through calls, emails, and chat
- Knowledge of MS Office and comfort maintaining structured trackers and records such as a Vendor Master
- Ability to manage and complete specific tasks with minimal direction
- Willingness to continuously learn, upgrade skills, and stay relevant to business demands
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The Company
What We Do
Wahed Inc. (“Wahed”, “Wahed Invest”), is an Ethical and values driven digital investment platform. The platform provides access to diversified portfolios to residents of the US, UK and Malaysia.
