Merchant Due Diligence Specialist

  • Paysafe
  • London, United Kingdom
  • Jul 28, 2017
Full time Compliance Legal

Job Description

•    carrying out risk-based due diligence of new clients and business partners during the on-boarding process (e.g. checking the ownership structure, proof of ID, verification of business model etc.) in accordance with external and internal policies relating to anti-money-laundering regulations and the financing of terrorism acts
•    periodic due diligence checks of existing clients and business partners
•    contact person for clients as well as working closely with our internal Operations Department, who are responsible for customer on-boarding, and the international Compliance Team
•    carrying out standardized control measures as well as assisting with the preparation of regular reports
•    participation in internal projects concerning product development and new markets
•    pro-actively assisting in the development of existing systems and guidelines

Internal    External
☒    Other Teams    ☒    Merchants/Distributors
☒    Other Manager(s)    ☐    Customers
☐    Management-Team    ☐    External providers / Business Partners
☒    Group wide         Others: (please specify)

Education and Experience
•    A-Levels or equivalent
•    a minimum of 2 years‘ experience within the Financial Services industry is required
•    Previous experience in a compliance role an advantage, but not necessary

General Knowledge and Technical Skills
•    knowledge of money-laundering-prevention as well as related legal aspects
•    fluent in English
•    proficient MS Office (especially Excel)


Interpersonal Skills

•    proactive attitude, self-motivation
•    analytical skills with an eye for detail
•    advanced skills in reporting and data analysis
•    demonstrates a strong sense of responsibility
•    hands-on and international mindset