Money Laundering Reporting Officer, Checkout.com
3+ days a week in office
Payment services to power performance
Job no longer available
Payment services to power performance
1001+ employees
Job no longer available
3+ days a week in office
1001+ employees
Company mission
To help businesses thrive in the digital economy.
Role
Who you are
- The ideal candidate will be a confident leader with strong interpersonal and organizational skills
- They will demonstrate an ability to promote proactive and effective solutions and exercise good judgment when partnering with internal and external stakeholders within a fast-paced, dynamic environment
- 6+ years of experience within regulated companies, in senior Compliance roles with robust knowledge on Compliance topics (e.g. KYB / KYC, AML/CFT, Sanctions etc…)
- Proven domain expertise in the Financial Services/Payments sectors in Europe with a strong understanding of payments products and flows, and of the related nuance of Compliance operations in this industry
- Fluent French and English language skills; strong written and verbal communication
- ACAMS/ICA certification is preferable
- Strong analytical skills with experience in complex problem-solving and ability to implement and deliver solutions as well as identifying opportunities for change
- Good organizational, stakeholder management skills and willingness to expand technical knowledge across a broad range of topics and projects
- A clear sense of accountability and a solution-oriented mindset (will represent our "be the owner" operating principle) and lead by example
- Ability to identify inefficiencies, see the bigger picture, challenge the status quo and define scalable and sustainable processes for the future
- Well organized self-starter, able to prioritize quickly and meet deadlines even under pressure; able to articulate roadmaps and deliverables clearly
- Strong stakeholder management and communication skills, with the ability to work independently and autonomously when needed
- Team player with strong collaborative qualities, ideally including previous experience building, leading and motivating a diverse, high-performing team
- Willingness to learn continuously and keep up to date with the Payments industry and its regulatory landscape (not just in the Brazilian ecosystem, but globally)
- Humility, low-ego and will be an ideal champion of our mission and values
What the job involves
- To support our ongoing expansion in Europe, Checkout.com is actively seeking a Money Laundering Reporting Officer (MLRO), to be based in Paris and to act as the primary Compliance leader for our European operations
- The incoming leader will join a growing international team dedicated to Compliance
- Reporting into our Regional Head of Compliance (EMEA), this role will work closely with various other functional partners (including Sales, Onboarding, Transaction Monitoring, Legal, Product...), ensuring compliance with all applicable requirements concerning FinCrime, AML/CTF and financial regulation
- Providing oversight and compliance advice to the France team, ensuring risk management and mitigation policies are embraced and adequately addressed
- Reviewing escalations from the first line of defense, approving merchant applications and making sure necessary CDD is performed at all times
- Defining, developing and documenting the Financial Crime and AML Programs to manage all sources of regulatory risk and providing reporting which meets the needs of our French regulator and bank partners to ensure they remain up to date with all standardized regulatory and international methodologies
- Delivering country-specific risk assessments; highlighting control gaps
- Managing compliance reporting as per regulatory and governance requirements and issuing internal reports to Senior Management (such as AML/CTF internal control reports, periodic internal reports etc.)
- Acting as the nominated officer, managing France suspicious activity reporting (SAR) process, internally and externally
- Assessing high-risk merchants whether at onboarding, as part of regular reviews or during trigger events, and delivering well-justified recommendations; ensuring these are being monitored accordingly
- Training and supporting all necessary staff to ensure they understand their responsibilities and are fully literate in Checkout.com’s money laundering and compliance policies and procedures; understanding how they can identify financial crime and how they should escalate suspicious activity internally and externally in the appropriate manner
- Serving as a liaison to the local authorities, managing filings to the local Financial Investigation Unit (FIU) and communicating with regulators
- Supporting the business and signing off, where necessary, the launch of products to ensure regulatory requirements are met, as appropriate
- Participating in numerous ad-hoc Group compliance projects as needed
- Maintaining awareness of industry trends on financial crime risks, emerging threats, investigating and assessing potential risks and taking appropriate steps to mitigate it
- Contributing to updating AML/CTF risk classifications and assessing ongoing risk exposure with new products/activities
- Partnering with key stakeholders to develop and implement standards, processes, programs, and best practices related to risk management
Application process
- PLEASE SUBMIT YOUR APPLICATION IN ENGLISH
Our take
The payments industry has exploded in the last decade as eCommerce continues to grow as the use of cash falls. Checkout.com is building the go-to platform for all things related to payments, such as accepting transactions, processing them and detecting fraud. Its secured a steady stream of funding from top investors like Tiger Global Management, and is the strategic payments partner for some of the best known fast-moving brands globally such as Patreon, Dashlane, Udacity, Wise, Sony Electronics, and Klarna.
It focuses on large merchants and try to make its product as customisable as possible, so that companies integrate Checkout.com as an infrastructure partner in their product. This increases the stickiness of the product and creates many opportunities for the company to generate revenue.
Checkout.com has high quality proprietary technology (its platform has been designed from the outset so it can easily deliver incremental services as it expands its offering) and claim to offer the most comprehensive cross-border payment solution for digital commerce.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
Company
Employee endorsements
People of all backgrounds are welcomed
"DEIB is where Checkout.com takes it to the next level. This company is excellent at building a sense of belonging and celebrating people from all..."
Funding (last 2 of 4 rounds)
Jan 2022
$1bn
SERIES D
Jan 2021
$450m
SERIES C
Total funding: $1.8bn
Company values
- Aspire
- Excel
- Unite
Company HQ
London, UK
Articles
Leadership
Guillaume Pousaz
(Founder & CEO)Previously founded NetMerchant, which sold European currencies to US merchants. Background in mathematical engineering.
People progressing
First joined as a Software Engineer, was promoted to Senior Software Engineer after 1.5 years and was then promoted to Engineering Lead 6 months later. Ignas is now a Senior Engineering Manager.
Salary benchmarks
We don't have enough data yet to provide salary benchmarks for this role.
Submit your salary to help other candidates with crowdsourced salary estimates.
Diversity, Equity & Inclusion at Checkout.com
- Our IT Infrastructure Engineer, Sheryl Lingachetti, spoke to Zoë Schulz from myGwork - LGBTQ+ professionals & allies about trans rights in Mauritius, allyship and the support she has found in her workplace community 🏳️⚧️👇 https://www.attitude.co.uk/life/business/it-engineer-sheryl-on-coming-out-at-work-support-improves-productivity-for-everyone-442696/
- CTRL-ALT-CONNECT is Tech's latest community 🔥 We've partnered with our friends at Wise to create an inclusive community for people in tech to connect over conversation, networking and drinks. Last week we hosted our first panel discussion in our London office, which centred on the topic of Growth. https://www.linkedin.com/posts/checkout_tech-community-activity-7071841326060720129-qDOt?utm_source=share&utm_medium=member_desktop
- Our Pride Community provides a safe and welcoming space for our LGBTQIA+ colleagues and allies to connect, learn, and advocate for change. https://www.linkedin.com/posts/checkout_lifeatcheckout-activity-7074738991102611457-u7v5?utm_source=share&utm_medium=member_desktop
- Our Pride Community spoke with Adel Naamneh, VP of Solutions Engineering to learn about their experiences of being a member of LGBTQIA+ community and the importance of having corporate responsibility on hiring a diverse work force: https://www.youtube.com/watch?v=k0e9WUmNdVk&t=561s
- Read an interview hosted by The Black Young Professionals Network with the leaders of our Black Community: https://byp-network.com/news/314821
- Read more about the 'FinTech for all' charter, of which we were a founding signatory. The charter aims to create a speak up culture across FinTech, eliminating harassment and bullying: https://fintech.inchorus.org/
- Read this inspiring interview hosted by SheCanCode and one of our female QA Engineers: https://shecancode.io/blog/victoria-santiago-qa-engineer
- Our Principal Product Manager Yasmin, also sat down with SheCanCode on two inspiring articles: https://shecancode.io/blog/meet-yasmin-christie-checkout-principal-product-manager-an-inspirational-tech-career-journey and https://shecancode.io/blog/14-pieces-of-practical-product-management-guidance-from-checkout-part-2
- Plus, our Senior Engineering Manager Marina tells her story with SheCanCode: https://www.shecancode.io/blog/how-to-get-the-best-from-your-team-and-your-own-career-from-one-of-checkouts-engineering-leads
- And finally, our Graduates share some insights too: https://www.shecancode.io/blog/grad-programme-insider-tips-from-checkout
- Find out more information at our Diversity and Inclusion webpage: https://www.checkout.com/diversity-and-inclusion
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