Compliance Officer - #2124722

Description

Ria Money Transfer, a business segment of Euronet Worldwide, Inc. (NASDAQ: EEFT), delivers innovative financial services including fast, secure, and affordable global money transfers to millions of customers along with currency exchange, mobile top-up, bill payment and check cashing services, offering a reliable omnichannel experience.  With over 600,000 locations in nearly 200 countries and territories, our purpose remains to open ways for a better everyday life.

We believe we can create a world in which people are empowered to build the life they dream of, no matter who they are or where they are. One customer, one family, one community at a time.

About This Role

This role will be responsible for developing, implementing and administering all aspects of the company’s Compliance Management Program. Focusing on the detection and prevention of money laundering, terrorist financing, consumer fraud activities, consumer protection expectations and any other laws and regulations that pertain to the activities that Ria performs as a money service business in the country.

Roles & Responsibilities

• Plan, organize and control the day-to-day administrative and operational compliance activities, training of Ria employees, Ria agents and partners.
• Collaborate with other Senior Management in the overall administration of these activities for the company.
• Liaise with central banks and the Financial Intelligence Units and other relevant authorities in order to meet the company’s regulatory obligations.
• Manage Compliance and Business relationship. Working side by side to find the best solution for the daily challenges keeping a strong and fluid communication between both teams at all times.
• Advise the Board of Directors, Senior Management and other personnel of emerging compliance issues and consults and guide the company in the establishment of controls to mitigate risks.
• Implement an effective Compliance Risk Assessment Program in order to identify the risks associated within the regulatory environment, the products and services offered, geographical locations of operation and the delivery channels used.
• Due diligence tasks for existing agents and partners on boarded, process and ongoing KYC updates in accordance with the laws and regulations.
• Store, agents and partners activity oversite, ensuring that transactions carried out at Ria locations comply with internal AML/ATF policies.
• Transaction Monitoring functions and reporting tasks and any other regulatory requirements.
• Perform in-depth analysis of transactions using excel advances techniques to detect unusual/suspicious activity.
• Implement and effective AML/CTF training and continuing education programs to all applicable employees and senior management.
• Work with different departments to coordinate all reportorial and other requirements prescribed by the applicable regulators.
• Enforce risk management and mitigation processes within the company.
• Data protection tasks in accordance with the region’s laws as well as any other laws and regulations that pertain to the activities that Ria performs as a money service business.
• Undertake any other duties and responsibilities assigned by Ria Compliance management from time to time at management prerogative.
  
  

Position Requirements

• Experience/knowledge of compliance issues/challenges in financial institutions.
• The ability to use his/her knowledge or high capacity to understand and apply the various legal systems applicable in the country
• High capacity to deal with difficult situations keeping a calm attitude and have a clever approach to Compliance/Business discussions. Making sure that the business team comprehends and support Compliance initiatives as well as being flexible to business needs and objectives.
• Transaction monitoring and AML/ATF experience.
• High capacity to understand and apply the various legal systems applicable in the country.
• Strong communication skills, both written and spoken.
• Be fluent in English (mandatory) and German (mandatory).
• Analytical thinking and technology oriented: Strong analytical skills and attention to detail.
• Organization and planning: An enthusiastic person whose main objective is to get things done always considering attention to detail a must. high organizational skills essential for multitasking and team management.
• Teamwork & Conflict Management: Will always put the team before his/her personal interests. Great capacity on conflict solving, keeping a professional approach.
• Communication & Influence: Excellent communications skills. Capable of communicating in a clear, straight and concise manner. Always open for discussion and capable of keeping communication channels open with all the departments.
  
  

Check out our website to learn more about the company at: http://www.riamoneytransfer.com/

The position responsibilities outlined above are intended to define the general contents and requirements to perform this job. It is not to be taken as a complete statement of responsibilities or requirements. This job description does not restrict the Company’s right to assign or reassign duties and responsibilities to this job as needed.