Position: Compliance officer
Company: PaymentOp
Category: Other
Experience required: 2y
English level: upper
Published: 2023-07-01T00:00:00+03:00

**Key role:** developing policies, regulatory documents, and adapting existing processes to align with the legislation of the licensing country.

**The primary responsibilities:**

- Ensure the company's activities adhere to applicable laws, 
  regulations, and guidelines set by regulatory bodies.
- Develop, implement, and maintain a robust compliance 
  framework that includes policies, procedures, and controls to 
  manage regulatory risks effectively. 
- Conduct risk assessments to identify compliance risks within the 
  company's operations, products, and services. Develop and 
  implement mitigation plans to address identified risks.
- Establish monitoring processes to assess compliance with 
  regulations and internal policies. Carry out periodic compliance 
  reviews and audits. 
- Develop and deliver compliance training programs to educate 
  employees on regulatory requirements, internal policies, and best 
  practices. 
- Stay updated on changes in regulatory requirements and industry 
  standards. Assess the impact of regulatory changes on the 
  company's operations and update policies and procedures 
  accordingly.
- Conduct internal investigations related to compliance breaches, 
  fraudulent activities, or suspected misconduct. Collaborate with 
  relevant departments to address and resolve compliance 
  incidents effectively.
- Foster positive relationships with regulatory authorities and act as 
  the main point of contact for regulatory inquiries and inspections. - Coordinate responses to regulatory requests and maintain open 
  lines of communication.
- Provide guidance and advice to business units on compliance 
  matters, including new product development, marketing materials, 
  and client onboarding processes. Ensure compliance 
  considerations are integrated into business decision-making 
  processes.
- Perform compliance testing and quality assurance reviews to 
  assess the effectiveness of controls and identify areas for 
  improvement. Develop remediation plans for identified 
  deficiencies.
- Ensure compliance with data protection laws, such as the General 
  Data Protection Regulation (GDPR). Establish processes for data 
  privacy impact assessments, data breach management, and data 
  subject rights.
- Collaborate with internal stakeholders, including legal, risk 
  management, and technology teams, to ensure alignment on 
  compliance initiatives. Engage with external stakeholders, such as 
  auditors and consultants, to facilitate compliance-related 
  activities.
- Prepare reports to the Compliance Committee to communicate all 
  relevant compliance issues and escalate any important or high- 
  risk compliance issues.

**Requirements & Skills** 
**Must-Have:**

- Strong knowledge of financial regulatory requirements and 
  understanding of the implications of anti-money laundering (AML) 
  risks.
- Experience working with regulatory compliance, AML, CTF 
  (Counter-Terrorist Financing), ABC (Anti-Bribery and Corruption), 
  and related topics.
- Demonstrated expertise in contemporary risk management 
  models, including the ability to develop Key Performance 
  Indicators (KPIs), assess control effectiveness, and produce 
  management and board reports
- Proven track record of establishing and maintaining robust 
  relationships, leveraging strong interpersonal skills, and building 
  credibility to develop, lead, and manage risk frameworks.
- Demonstrated professional ethics and integrity.
- Sound judgment and analytical abilities to evaluate situations and 
  information effectively.

**Required:**

- Minimum of 1 year of experience specifically working on AML 
  within licensed financial companies.
- AML Certification or qualification.
- Experience dealing with high-risk clients/sectors.
- Prior experience in a licensed financial company.
- Successful completion of external audits.
- Familiarity with international legal settings.

**What we offer:**
- Challenging projects in FinTech and E-Commerce innovative 
  domains;
- Being a part of the launch team of the best in class global 
  products;
- Working according to the Agile methodology;
- Internal training in FinTech and E-Commerce domains.