About Thunes
Thunes is the Smart Superhighway for money movement around the world. Thunes proprietary Direct Global Network allows Members to make payments in real-time in over 130 countries and more than 80 currencies. Thunes Network connects directly to over 7 billion mobile wallets and bank accounts worldwide, via more than 350 different payment methods, such as GCash, M-Pesa, Airtel, MTN, Orange, JazzCash, Easypaisa, AliPay, WeChat Pay and many more.
Members of Thunes Direct Global Network include gig economy giants like Uber and Deliveroo, super-apps like Grab and WeChat, MTOs, fintechs, PSPs and banks. Thunes Direct Global Network differentiates itself through its worldwide reach, in-house Smart Treasury Management Platform and Fortress Compliance Infrastructure, ensuring Members of the Network receive unrivalled speed, control, visibility, protection and cost efficiencies when making real-time payments globally. Headquartered in Singapore, Thunes has offices in 12 locations, including Barcelona, Beijing, Dubai, London, Manila, Nairobi, Paris, Riyadh, San Francisco, Sao Paulo and Shanghai. For more information, visit: https://www.thunes.com/
Context of the role
Reporting to the Senior Due Diligence Manager, the Compliance Officer (PDD), will partner with Legal, Sales and Product team members situated in Manila to onboard and control Payment Service Providers, Banks, and other regulated and non-regulated companies across the globe.
This role provides an exciting opportunity to work on an international stage, alongside household names, and join a rapidly growing FinTech company making a real impact on the lives of people in developed and emerging markets alike.
Key Responsibilities
- Conduct Know Your Partner analysis, including the following:
- Conduct research on legal entities in the Company's systems (WorldCheck, Bureau Van Dijk, etc.) as well as in official government records and other public websites
- Conduct public research to collect and verify Customer Due Diligence (CDD), Know Your Customer (KYC), Know Your Business (KYB), source of funds, client information, client profiling and suitability during the account opening process - ensuring that financial crime risks are assessed and mitigated, meeting all best practice, regulatory and statutory requirements,
- Using closed databases public websites (sector/industry type, products, services sold, localization of main suppliers, main clients and operation locations)
- Evaluate client risk according to predefined risk criteria
- Communicate with clients, as needed, to gather and understand information on beneficial ownership or on any other missing documents
- Conduct enhanced due diligence on clients, including the following:
- Conduct interviews with the partners compliance departments to assess that the partners AML-CTF framework is in line with Thunes expectations.
- Identify situations where a client's information or documents appear fraudulent or suspicious.
- Implement new compliance policies and procedures
- Take part in different projects under the supervision of the Manager
- Centralize and coordinate remediation of audit findings
- Create and analyze reports of compliance management information
Professional Experience/Qualifications
- Bachelor's degree and/ or hold a professional compliance qualification (e.g. ICA, ACAMS, CFE etc.)
- 3-5 years experience focusing on KYC within a financial institution
- Demonstrated expertise in risk and regulatory compliance from a financially regulated company
- Extensive experience conducting Corporate KYC in the financial sector
- Understand the principles and be familiar with Payment products
- Good understanding of corporate organizational structures
- Able to work under pressure and manage own workload
- Passionate about technology and start-ups
- Strong internal and external stakeholder management skills
- English & Mandarin (speak, read & write) & additional language skills are beneficial
