Compliance Analyst Bucharest

Compliance Analyst
Bucureşti
Bucharest, Bucharest, Romania

Paymentology is the first truly global
- processor, giving banks and fintechs the technology, team and experience to rapidly issue and process Mastercard, Visa and Union
Pay cards across more than 50 countries, at scale.  

Our advanced,
- cloud platform, offering both shared and dedicated processing instances, vast global presence and richer,
- time data, set us apart as the leader in payments.

Are you an experienced professional in AML, KYC, and financial crime risk management? Do you have a strong background in navigating complex regulatory landscapes? Paymentology is looking for a Compliance Analyst to play a pivotal role in safeguarding our business against financial crime and ensuring we meet global regulatory standards.

AML & KYC Operations: Conduct ongoing Anti-Money Laundering (AML), sanctions screening, and Know Your Customer (KYC) due diligence checks, ensuring compliance with international regulations.

Risk Assessment & Mitigation: Carry out thorough risk assessments for new clients, vendors, products, and market entries. Implement and maintain agile compliance risk management systems aligned with Paymentology's risk requirements as well as legal requirements.

Compliance Monitoring & Reporting: Develop and maintain accurate records and reports on compliance activities. Prepare detailed documentation for senior management, regulatory bodies, and other key stakeholders to demonstrate the strength of our compliance controls.

Supporting Operations: Ensure that
-
- day operations adhere to relevant compliance standards and policies. Identify areas for improvement and implement corrective measures as needed. Keep abreast of changes in laws, regulations, and industry standards, particularly in the AML/KYC space, and update internal teams on their implications. Support the business in aligning with compliance frameworks, processes, and best practices. Actively participate in special projects, such as implementing compliance tools and systems, to ensure effective change management.

Managing Compliance Audits: Perform regular reviews and assessments to evaluate the effectiveness of compliance programs, identifying areas for improvement or corrective action. Coordinate compliance reviews conducted by external parties, liaising with multiple teams within Paymentology to collect and review necessary documentation.

Investigations: Support investigations into potential compliance breaches, identifying root causes, and implementing corrective actions to prevent recurrence.

Training & Guidance: Deliver training sessions and provide guidance on compliance requirements, ensuring team members are
-
- date with the latest regulations and best practices.

Collaboration: Work closely with various departments inside Paymentology, as well as with Alliance partner banks to align compliance efforts with business objectives and regulatory demands.

At Paymentology we value making a difference to the lives of the people who work for us and who live in the communities where we operate. You can look forward to working with a diverse, global team where Paymentologists at all levels play an important part in our global mission to advance the world through payments and make a difference on a global scale.  

What it takes to succeed:

• Minimum of 5 years of experience in compliance, audit, or risk management, with demonstrable experience in financial crime prevention, ideally within the payments industry or similarly regulated environments.
• Strong understanding of the global regulatory landscapes and industry standards, including Anti-Money Laundering (AML) / Counter Financing of Terrorism (CFT), Know Your Customer (KYC), sanctions screening, and Anti-Corruption regulations.
• In-depth knowledge of global AML legislation (e. g. EU AML Directives and the new AML Regulations), FATF guidelines, UK Bribery Act, FCPA, Global Sanctions Regimes.
• Proficiency in risk analysis techniques with ability to apply and implement risk management frameworks and tools.  
• Excellent verbal and written communication skills in English.
• Proficiency in using Microsoft Office suite, with strong skills in Excel and Power
  Point.  
• Strong negotiation and stakeholder management skills to address compliance issues and reach consensus.
• Strong analytical skills and
  - solving skills.
• Proven track record in driving and managing change collaboratively, ideally in a regional or global role.
• Effective organisational and project management skills to manage multiple tasks and projects.
• Ability to interpret complex regulatory requirements and effectively operationalise them.
• Familiarity with
  - related software tools, such as sanction screening, (digital) identity verification and AML monitoring systems.
• Familiarity with Governance, Risk and Compliance (GRC) tools is a plus.