Paymonade
AML Analyst - Customer Due Diligence / Transaction Monitoring
Paymonade, Poland, New York, United States
Paymonade delivers cutting-edge payment technology solutions worldwide, spanning 108 countries and territories. Supporting 38 fiat currencies, hundreds of payment methods, and a wide range of cryptocurrencies, our bespoke B2B technology equips you with intuitive tools for global internet payments. We offer effective crypto onramps and aim to ensure a good user experience crucial for business scalability and profit maximization.
Job Responsibilities and Requirements
Conduct customer due diligence (CDD) analyses, including risk assessment of clients in compliance with AML regulations and company guidelines.
Support the team in executing KYC processes, identifying and assessing risks associated with clients, especially high‑risk clients.
Participate in the development and updating of CDD procedures in response to changing regulations and emerging risks.
Monitor and verify customer data to ensure compliance with internal standards and regulations.
Collaborate with TM, Risk, and other departments to ensure comprehensive processes and controls are in place.
Participate in training and educational sessions regarding AML/CFT regulations and fraud detection techniques for team members and partners.
Prepare reports on analyses and recommend anti‑money laundering actions.
Assist in projects related to the automation of CDD processes and optimization of client monitoring, in collaboration with the IT department.
Transaction Monitoring
Manage Transaction Monitoring (TM) alerts and escalations: handle pending TM tickets, escalations, and open alerts, ensuring timely resolution.
Raise issues and elevate complex cases: submit tickets and raise escalations to the TM Team Lead and relevant stakeholders when needed.
Identify and report trends: monitor and identify emerging typologies, escalating them to the team lead and stakeholders promptly.
Prepare Suspicious Activity Reports (SARs): draft internal SARs and send to the MLRO or FIU team when required.
Engage in compliance meetings: actively participate in meetings, track discussed items, and ensure timely delivery of assigned projects.
Support the Team Lead in strategic tasks and projects.
Seniority level Mid‑Senior level
Employment type Full‑time
Job function Accounting/Auditing, Consulting, and Finance
Industries Financial Services, Banking, and Investment Banking
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Job Responsibilities and Requirements
Conduct customer due diligence (CDD) analyses, including risk assessment of clients in compliance with AML regulations and company guidelines.
Support the team in executing KYC processes, identifying and assessing risks associated with clients, especially high‑risk clients.
Participate in the development and updating of CDD procedures in response to changing regulations and emerging risks.
Monitor and verify customer data to ensure compliance with internal standards and regulations.
Collaborate with TM, Risk, and other departments to ensure comprehensive processes and controls are in place.
Participate in training and educational sessions regarding AML/CFT regulations and fraud detection techniques for team members and partners.
Prepare reports on analyses and recommend anti‑money laundering actions.
Assist in projects related to the automation of CDD processes and optimization of client monitoring, in collaboration with the IT department.
Transaction Monitoring
Manage Transaction Monitoring (TM) alerts and escalations: handle pending TM tickets, escalations, and open alerts, ensuring timely resolution.
Raise issues and elevate complex cases: submit tickets and raise escalations to the TM Team Lead and relevant stakeholders when needed.
Identify and report trends: monitor and identify emerging typologies, escalating them to the team lead and stakeholders promptly.
Prepare Suspicious Activity Reports (SARs): draft internal SARs and send to the MLRO or FIU team when required.
Engage in compliance meetings: actively participate in meetings, track discussed items, and ensure timely delivery of assigned projects.
Support the Team Lead in strategic tasks and projects.
Seniority level Mid‑Senior level
Employment type Full‑time
Job function Accounting/Auditing, Consulting, and Finance
Industries Financial Services, Banking, and Investment Banking
#J-18808-Ljbffr