REGULATORY COMPLIANCE EXPERT

Paynetics is a leading fintech company, founder of the Bulgarian Fintech Association. Grounded in payment services, with offices in Bulgaria and the UK, 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 fist automated loyalty solutions in the US and a game changing payment acceptance solution with patent pending.

We are expanding and are looking for an experienced, responsible, and motivated professional for the position:

KEY DUTIES AND RESPONSIBILITIES

• Draft/update the company’s compliance guidelines, internal processes and procedures
• Support the maintenance and review of the company’s effective compliance program
• Support development, implementation, monitoring and reviews the internal compliance controls vis-à-vis Paynetics and all of its partners
• Oversee and execute various compliance investigations and corrective action plans, as needed
• Oversee, coordinate, execute and monitor part of the day-to-day compliance activities of the company, as agreed with his/her line manager
• Follow changes in and ensure ongoing compliance with the card schemes regulations relevant to the compliance team remit
• Follow changes in and ensure the ongoing compliance with the applicable regulations of the payments industry
• Implement, perform, and monitor AML/compliance quality assurance and supervisory checks and reviews
• Support the completion of various AML questionnaires, reviews and independent audits performed by the relevant stakeholders
• Prepare SAR for submission to the FIU
• Work on optimizing core business processes from compliance aspect
• Work on achieving compliance of different business models, projects  and partners
• Evaluate compliance risks

YOUR PROFILE

• 3+ years of experience in Compliance and AML/CTF
• Experience in dealing with regulatory matters (e.g. supervisors, regulators, auditors)
• Experience in drafting compliance and AML/CTF policies and
• Good knowledge of relevant EU and BG AML/CTF legislation and regulatory guidance
• Knowledge of BG and EU financial services regulatory framework (e.g. PSD2)
• Knowledge of card schemes rules and procedures
• Excellent oral and written communication, interpersonal and analytical skills
• Critical problem-solving ability
• Self-motivated, innovative and a self-starter
• Team player
• Willing to do some ad-hoc tasks
• Fluent in English
• MS Office skills

PREFERRED

• Experience in the e-money industry and with e-money products are considered a big advantage
• Experience in the e-commerce industry is considered an advantage
• Experience in internal audits, working with regulators and financial supervisors
• Degree in Law or International Relations or equivalent
• Experience working in international environment
• Additional languages such as Spanish/Italian/French

We offer

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