Money Laundering Reporting Officer

Paynetics is a leading fintech company, grounded in payment services, with offices in Bulgaria and the London, we have built a team of passionate and enthusiastic professionals, on a mission to change the world of payments.

We have launched the first mobile payment app in Bulgaria, the first utilities payment app in the UK, one of the first automated loyalty solutions in the US and a game changing payment acceptance solution with patent pending.

We are expanding our team and are looking for a Money Laundering Reporting Officer (MLRO) in France. In this role, you will being responsible for oversight of Paynetics’ French Branch compliance with its AML obligations and acting as a local point for the French Branch’s AML activity (MLRO) and carrying out the duties of a MLRO as per the AML/CTF Framework.

What You’ll Be Doing:

• Ensure adherence to the relevant French and European regulations
• Monitor regulatory developments and update policies and procedures accordingly to maintain compliance with the changing requirements as per the French regulations
• Oversee approval and monitoring of agents onboarded under the French Branch
• Serve as the primary point of contact for all anti money laundering AML related matters within the French Branch
• Investigate and report in a timely manner suspicious activity to relevant authorities as required by law
• Prepare and submit regulatory reports to the French regulator and other relevant bodies where applicable
• Coordinate with French regulatory bodies and internal/external auditors on audits and examinations
• Collaborate with Paynetics AD Senior Management, Compliance team, Risk team, Legal team and other departments to address compliance issues under the French legislation
• Collaborate with internal Paynetics AD teams such as Operations, Finance, IT, etc. to integrate compliance requirements into business processes
• Maintain positive relationships with regulators, auditors and external advisors
• Provide internal trainings related to compliance and AML French specific requirements
• Prepare an activity report in accordance with the requirements set out in EBA/GL/2022/05 on annual basis and present it to the Management, keeping them abreast of financial crime-related challenges

Our Requirements & Skillset:

• University degree of Law, or an equivalent combination of qualification and experience
• Fluent English – C1 or higher level
• 4+ years of experience in the field of compliance and Anti Money Laundering (AML)/Counter-Terrorist Financing (CTF) in a regulated financial institution ideally with exposure to MLRO responsibilities or a similar position
• Experience in engaging with regulatory authorities Autorité des Marchés Financiers (AMF)
• Previous experience in ‘Know Your Customer’ environment
• Previous experience in compliance and transaction monitoring – performing complex verification of individuals (either entities or people)
• Advanced knowledge in the European and French regulatory framework and PSD2
• Advanced communication, presentation and analytical skills
• Advanced understanding of French and European Anti Money Laundering (AML), Counter-Terrorist Financing (CTF) legislation, EBA guidance & PSD2

We offer:

• Exciting job in a premium professional environment
• Highly competitive remuneration
• Work in a new growing team with excellent perspective for professional development
• Opportunity to stay current with technologies and advancements in the field of the digital payments industry

Money Laundering Reporting Officer