Payments Compliance Manager

Papaya Global; City Of London; Hybrid; GBP 43,000 - 61,000; Full time

Job summary

A growing B2B tech company is seeking a Compliance Officer to manage compliance risks and regulatory changes. The role requires a law or business degree, 3 years of experience in legal and regulatory affairs, and knowledge of payments and financial crime. Excellent communication skills and fluency in English are essential. The position operates in a hybrid work model based in Barcelona.

Qualifications

• Minimum 3 years of professional experience in legal and regulatory affairs.
• Background in Financial Services & regulatory expertise.
• Payments knowledge is a must.

Responsibilities

• Identify, assess, monitor, and control compliance risks.
• Maintain compliance policies and reporting schedules.
• Oversee annual compliance training and due diligence.

Skills

Compliance risk assessment

Regulatory monitoring

Legal advisory

AML and KYC knowledge

Communication skills

Education

University degree in law or business

Job description

Papaya Global is a rapidly growing, award-winning B2B tech unicorn with a mission to revolutionize the payroll and payments industry. With over $400M raised from top-tier investors, our innovative technology provides a comprehensive solution for managing global workforces, from hiring and onboarding to managing and paying employees in over 160 countries.

This role will be filled in Barcelona and operate a hybrid work model.

Description

Responsibilities:

• Identify, assess, monitor, and control compliance risks associated with the Company's current and proposed future business activities.
• Monitor any regulatory changes on a group level and advise senior management and Head of Compliance on any necessary changes;
• Advising the Head of Compliance and Senior Team about regulatory matters in terms of new product launches;
• Regular maintenance of all Group & Regulated Entities' compliance policies, such as AML manual, Risk Assessment etc.;
• Maintaining an up to date schedule of reporting requirements across jurisdictions and ensuring timely submission in coordination with the Head of Compliance and local Compliance Officers / Directors;
• Responsible for the annual compliance training from design to implementation;
• Annual due diligence of partners, existing and potential;
• Coordinating preparation for the annual AML audit along with Head of Compliance;
• Helps to oversee risk assessment and mitigation projects;
• Report any knowledge or suspicion of money laundering or terrorist financing to the MLRO.

Requirements

• A University degree in law, business or similar
• Minimum 3 years of professional experience in legal and regulatory affairs
• Background in Financial Services & regulatory expertise
• Payments knowledge is a must
• Knowledge in all aspects of financial crime; KYC, AML, CFT, sanctions screening
• Experience liaising with Compliance officers / MLROs, Product & Sales, banks, auditors and regulators
• Excellent written and oral communication skills
• Fluent in English, both written and spoken

Please apply with your CV in English.