Payments Compliance Manager

Papaya Global; Greater London; On-site; GBP 60,000 - 85,000; Full time

Job summary

A leading B2B tech company based in Greater London seeks a Compliance Officer to oversee compliance risks, regulatory changes, and financial crime matters. The ideal candidate will have a university degree in law or business and over 5 years of experience in legal and regulatory affairs, particularly in financial services. Excellent communication skills and fluency in English are necessary. This role offers the opportunity to contribute significantly to the company's compliance landscape.

Qualifications

• 5+ years of professional experience in legal and regulatory affairs.
• Background in Financial Services & regulatory expertise.
• Fluency in English (both written and spoken) is essential.

Responsibilities

• Identify, assess, and control compliance risks.
• Monitor regulatory changes and advise senior management.
• Maintain compliance policies and reporting schedules.
• Oversee annual compliance training and due diligence.
• Coordinate annual AML audits with the compliance team.

Skills

Regulatory compliance expertise

Risk assessment

Communication skills

AML knowledge

Experience in financial services

Education

University degree in law or business

Job description

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.

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 5 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