Key Duties/Responsibilities: 

• Ensuring Compliance with the Company’s policies and procedures, including, but not limited to: AML/CTF, ABAC, Information security, data privacy and audit requirements.
• Administration of the initial on-boarding and ongoing operational merchant due diligence and card scheme compliance.
• Undertake due diligence procedures for the onboarding of clients (KYC).
• Ensuring merchants are on-boarded according to company policies and procedures.
• Process applications for the opening of new client accounts into the company’s systems for the Purpose of ‘Know Your Customer’ (KYC).
• Client Liaison for the purposes of requesting, gathering and checking completeness of all merchant due diligence data, information and/or documentation required as per Company Procedures.
• Verifying the data, documentation / information for purpose of including checks of merchant incorporation status via company house/company registrar, regulators, specialist databases and public access databases.
• Identification of significant controllers and beneficial owners.
• Identifying and verifying that merchants hold appropriate licensing to operate in their stated industry sectors, particularly those that are sensitive to AML/CFT risks, which may include but is not limited to: licensing status; geographical location and regulatory limitations or enforcement, sanctions imposed and politically exposed persons in control; Industry type; business credibility.
• Ensuring client status recorded is up-to-date throughout the client lifecycle from on-boarding through to termination.
• Perform the periodic KYC reviews of client accounts.
• Amend existing clients accounts in compliance systems.
• Updating clients’ records in compliance folders.
• Receive and review documents and handle filing administration.
• Communication with and support of other departments.

Key Skills/Experience: 

• Bachelor’s Degree in Finance, Math, Sciences, Law or another related field.
• An interest in Financial Services.
• Experience in client on-boarding, KYC / customer due diligence.
• An understanding of financial crime risks including: money laundering; terrorist financing, fraud or scams.
• Solid analytical, negotiation and problem-solving skills.
• Proficiency in English (both written and oral).
• Time management skills.
• Ability to communicate effectively with other departments within the company or externally with clients and business partners.

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