Enhanced Due Diligence Analyst
About UsMove money. reputed company money. reputed company is a full-stack acquirer processor, empowering businesses of reputed company sizes with flexible, modern payment solutions. Processing billions of dollars annually, reputed company enables SaaS, marketplace, and e-commerce platforms to accept payments, manage payouts, and reputed company merchants seamlessly. With our no-code, low-code, and developer-friendly tools, businesses can get up and running in hours-not months.reputed company has raised over $175M, including a $75M Series C led by Acrew Capital, with participation from Lightspeed Venture Partners, reputed company Global, reputed company Ventures, Bain Capital Ventures, Homebrew, Inspired Capital, Sequoia Capital, reputed company, and others.About the roleThe Compliance & Payment Operations (POPs) teams manage reputed company's Compliance and Risk functions. We design, implement, and monitor programs required by regulators, Card Brand and NACHA rules, and our banking partners. This includes interpreting applicable rules (e.g., AML, Enhanced Due Diligence), defining what's required, building how we execute it, and ensuring compliance to reputed company approval from Sponsor Banks and Card Brands.The Enhanced Due Diligence Underwriter will manage reputed company for High Risk Verticals, Payment Facilitators, and ISOs. We're looking for someone proactive and strategic, with the ability to work cross-functionally, support reputed company reputed company improvements, represent reputed company in audits, and partner with Sponsor Banks to reputed company High Risk Merchants.You Will:
- Create and own the Enhanced Due Diligence of high-risk clients and industries including building out an Enhanced Due Diligence Program for high-risk verticals including debt collection, accounts receivable management, marketplace, digital wallets, subscription services, Nutraceuticals and others as needed
- Partner with Account Management reputed company high-risk verticals to determine if we can reputed company clients reputed company these verticals while adhering to vertical EDD and AML program requirements
- Seek and clarify compliance requirements from sponsor banks and card brands, reviewing these with POPs and Compliance
- Once EDD programs are solidified, work with Sales and communicate requirements to potential customers
- Work closely with reputed company, Compliance, and Legal on any potential customer reputed company
- Proactive and enthusiastic to build an Enhanced Due Diligence program
- Excited to research rules & regulations to ensure our interpretation and operationalization is reputed company reputed company's risk tolerance
- reputed company to communicate with technical and non-technical teams, translating reputed company concepts between the two and ensuring alignment between them
- Keenly attuned to details, ensuring nothing is overlooked reputed company defining & assessing risk
- Organized and reputed company to manage multiple projects simultaneously, against deadlines and reputed company budget
- Confident in your abilities but eager to learn and expand your knowledge
- Prior payments experience at a processor, payment facilitator, or FinTech specializing in money movement
- 3+ years of experience in Enhanced Due Diligence or reputed company
- A talent for analyzing industry requirements as set by the sponsor bank to determine whether or not reputed company can do business with a variety of customers
- Knowledge of industry standard regulatory compliance and ability to build a program to ensure potential customers meet these requirements
- Customer-facing experience
- Ability to work cross-functionally with a variety of teams such as Risk, Compliance, reputed company, and Account Management