AML Compliance Officer, Adyen
$120-155k
3+ days a week in office
Payments platform built to grow businesses
Job no longer available
Payments platform built to grow businesses
1001+ employees
Job no longer available
$120-155k
3+ days a week in office
1001+ employees
Company mission
Adyen's mission is to make payments choices easy for merchants.
Role
Who you are
- You are an experienced (at least 2 years + within the field) AML investigator / compliance officer with a solid understanding of AML/CFT laws and regulations, specifically in the United States
- You can apply this knowledge of AML regulations and policies in solving practical problems in a compliant and risk based manner
- You can take ownership of an AML investigation end-to-end, and where required with help of our expert colleagues manage the investigation to successful completion
- You have the ability to clearly communicate your thinking on AML matters to a wide audience of colleagues and external stakeholders that do possess less domain knowledge than yourself
- You have extensive knowledge of payments and/or the financial services industry
- You can use technology and data to automate and scale key processes
- You have the ability to structure and prioritize in a high volume, fast-paced environment and drive a process to completion
- Studies show that women and members of underrepresented communities apply for jobs only if they meet 100% of the qualifications. Does this sound like you? If so, Adyen encourages you to reconsider and apply. We look forward to your application!
What the job involves
- A key part of building our business is ensuring we do it ethically, sustainably and compliant
- As a financial institution, Adyen needs to know at all times what happens on our platform and whether this is in line with the rules, regulations and our risk appetite
- In order to do this, Adyen has put a Compliance framework in place that requires execution, oversight and maintenance
- And all of this in a scalable way
- Therefore, Adyen is looking for an experienced AML professional that understands the importance of AML/CFT Compliance and is ready to strengthen the Compliance team and deliver on this
- The successful candidate will be acting as a second line Compliance Investigator who is able to work as a business partner with a wide range of teams, in particular with the first line AML teams and the colleagues who are responsible for the ongoing improvements of the AML Framework
- As Adyen is a payment institution that is in full development, serving the largest merchants with innovative products, we are looking for a Compliance officer that feels challenged by looking beyond the status quo and helps to build a better company
- Analyze customer transactional behavior following respective alerts generated and escalated from Adyen first line AML team, to determine if transactions are in line with expectations, or if there are reasonable grounds for suspicion of ML/TF
- Prepare and file reports to the Financial Crimes Enforcement Network (FinCEN) and other jurisdictions in which Adyen has a reporting obligation
- Collaborate and liaise with FinCEN and law enforcement authorities for the follow up of the reports submitted, providing all requested documentation in a prompt and efficient manner
- Design enhancements on the transaction monitoring and investigation processes to increase risk coverage and effectiveness
- Perform quality assurance on and training for AML/CFT teams work to ensure compliance with Adyen’s standards
- Provide ongoing assistance, hands-on support and on-the-job training to the operational AML/CFT team
- Act as the first point of escalation to AML/CFT for colleagues across the Adyen organization
Application process
- Ensuring a smooth and enjoyable candidate experience is critical for us. We aim to get back to you regarding your application within 5 business days. Our interview process tends to take about 4 weeks to complete, but may fluctuate depending on the role
Our take
Adyen has been one of the most successful businesses in Europe over the last decade. When it went public in 2018 at a valuation of €7bn, it raised over €1bn and its share price popped on the first day, resulting in a valuation of €14bn. Its valuation has continued to climb by the billions.
Adyen competes with large players like PayPal, as well as outsized startups like Stripe, to power payments and provide other infrastructure to conduct digital transactions. Disrupters in the field have been buoyed by a strong rise in eCommerce activity, where some or all of a transaction by a customer is made either online or by mobile.
Adyen has been one of the companies riding the wave by helping to reduce the friction between a company choosing to take payments online, and actually being able to do it. That can take multiple steps and agreements across numerous countries — Adyen’s pitch is that it essentially handles all of it in the backend as a service for its users. Notable partners have included Autocanteen, a touchless self-checkout solution for the hospitality industry, and BILL, a small business-focused fintech platform.
Steph
Company Specialist at Welcome to the Jungle
Insights
36% employee growth in 12 months
Company
Funding (last 2 of 3 rounds)
Sep 2015
$58.4m
GROWTH EQUITY VC
Dec 2014
$250m
SERIES B
Total funding: $327.1m
Company benefits
- Global exchange program
- Weekly happy hour
- Delicious healthy lunches
- Phantom share package
- Yearly trip to Amsterdam
- Paid holidays
- Work from home opportunities
Company HQ
Nieuwmarkt en Lastage, Amsterdam, Netherlands
Leadership
Pieter Van Der Does
(Co-Founder & CEO)Previously Chief Commercial Officer at Bibit (payments company) before co-founding Adyen in 2006.
Salary benchmarks
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