Job Opportunities API

At Paymentology, we’re redefining what’s possible in the payments space. As the first truly global issuer-processor, we give banks and fintechs the technology and talent to launch and manage Mastercard and Visa cards at scale - across more than 60 countries. Our advanced, multi-cloud platform delivers real-time data, unmatched scalability, and the flexibility of shared or dedicated processing instances. It's this global reach and innovation that sets us apart. Role Summary The Compliance Analyst is responsible for managing the AML and KYC requirements, while supporting the business in identifying, assessing, and mitigating financial crime risk. This role focuses on implementing and maintaining a robust compliance risk management system, with emphasis on AML, client onboarding, anti-corruption, and conflict of interests. The Compliance Analyst ensures that procedures and controls are properly implemented in business processes and oversees key Compliance risks through comprehensive monitoring and testing. Additionally, the role involves overseeing relationships with partner banks, implementing new controls, interpreting and operationalising compliance requirements and supporting the Senior Compliance & Data Protection Manager in executing effective compliance programmes, and risk management practices across all levels of Paymentology. KEY RESPONSIBILITIES RISK ASSESSMENT AND MITIGATION - Conduct risk assessment for new clients, vendors, products and market entries to identify and mitigate compliance risks. - Manage ongoing AML, sanctions screening, KYC, and due diligence checks, ensuring compliance with South African and international regulations. - Implement and maintain an agile compliance risk management system based on recognised standards. - Ensure alignment with Paymentology's risk appetite and compliance with relevant laws and regulations, particularly in the AML/KYC space. REPORTING AND DOCUMENTATION - Prepare accurate reports and documentation for senior management, regulatory bodies, and internal and external stakeholders to demonstrate robust compliance controls. - Establish systems for maintaining accurate records of compliance activities, including documentation of policies, training sessions, and supporting audits, reviews and investigations. - Coordinate completion of compliance-related due diligence questionnaires, requested by clients during onboarding and as needed. - Support Paymentology's third-party risk management process and due diligence efforts for new and existing clients. - Maintain the Enhanced Due Diligence process and records. INVESTIGATING ISSUES - Support investigations of complaints, incidents, allegations, or potential violations of compliance standards, and take appropriate corrective actions as necessary. - Identify root causes of compliance issues and breaches and implement corrective actions to prevent recurrence. SUPPORTING OPERATIONS - Ensure day-to-day operations adhere to relevant compliance standards and policies. - Identify areas for improvement and implement corrective measures as needed. - Keep abreast of changes in laws, regulations, and industry standards relevant to Paymentology's operations and implement necessary changes to maintain compliance. - Conduct research on regulatory and compliance requirements in different regions of operation, with a focus on AML/KYC regulations. - Update internal teams on relevant changes and implications for the organisation. - Support the business in complying with frameworks, processes, and best practices. - Communicate compliance policies and procedures to ensure that team members understand their obligations and responsibilities. - Lead on special projects, such as implementing compliance tools, systems and ensure effective change management. MANAGING COMPLIANCE AUDITS - Perform regular reviews and assessments to evaluate the effectiveness of compliance programmes and identify areas