KYC/KYB Risk & Due Diligence Specialist

Link Business Process Inc.; Pasig; On-site; PHP 420,000 - 660,000; Full time

Job summary

Veritas Pay is seeking a KYC and KYB Specialist to conduct customer due diligence and risk assessment for all merchants and related parties. You will be the first line of defense to prevent money laundering and terrorist financing, ensuring the company maintains a strong reputation and compliant onboarding.

The role requires deep knowledge of AML/KYC standards, data analysis, and documentation. You will collaborate with compliance and operations to decide on merchant eligibility and ongoing

Qualifications

• 3+ years of KYC/KYB/AML due diligence experience.
• Capable of data analysis, research, and documentation.
• Knowledge of AMLC, SEC, FATF and regulatory standards.
• Strong English reading and writing skills.
• Ability to work under pressure with minimal supervision.

Responsibilities

• Serve as first line of defense against money laundering and terrorism financing.
• Perform Customer Due Diligence.
• Conduct Enhanced Due Diligence and underwriting.
• Re-underwrite each merchant.
• Identify merchant business relationships and activities.
• Familiar with AMLC, SEC, Card Associations, FATF.
• Perform merchant risk assessment.
• Credit checking and risk assessment of merchants.
• Evaluate suspicious activities and potential losses or reputational risk.
• Monitor transactions beyond projected ticket size/volume.
• Communicate with acquiring bank for risk updates.
• Facilitate onboarding checks before account activation.
• Ensure smooth onboarding with compliance.
• Carry out additional duties as needed.

Skills

KYC/KYB

AML

Risk assessment

Data analysis

Documentation

Attention to detail

English fluency

Regulatory knowledge

Education

Bachelor's degree in Business

Job description

Veritas Pay is seeking a KYC and KYB Specialist to conduct customer due diligence and risk assessment for all merchants and related parties. You will be the first line of defense to prevent money laundering and terrorist financing, ensuring the company maintains a strong reputation and compliant onboarding.

The role requires deep knowledge of AML/KYC standards, data analysis, and documentation. You will collaborate with compliance and operations to decide on merchant eligibility and ongoing