Our client is a fintech that offers start-ups and established businesses a wide range of payment services, such as transaction processing, BIN sponsorship, e-money issuance and digital wallet provision, as well as full programme management and value-added services such as PSD2 and AML compliance expertise. The company is trusted to manage ground-breaking payment programmes such as prepaid/debit cards, travel money cards, gift cards, corporate cards, insurance cards, rewards cards, loyalty cards, staff cards (like Ticket Restaurant, Eco Cheque), promotional cards, corporate expense. The company's programmes operate across multiple media and form factors, including physical, virtual and Apple Pay/Google Pay. The company has over 200 client programmes across 26 countries.
The role
As part of the EU AML Team located in Brussels, the successful candidate will :
Contribute to the improvement of anti-money laundering and combating the financing of terrorism, anti-corruption and anti-fraud.
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Assist in strengthening the AML risk management framework and reviewing associated policies, procedures and controls.
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Assist in the preparation of the provision of correct and timely disclosures to regulatory authorities in different jurisdictions.
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Contribute to the preparation of regular AML function reports for presentation to management and submission to supervisory authorities.
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Identify, measure and assess AML/CFT and compliance risks and ensure compliance with regulatory objectives.
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Assess and monitor the adequacy of AML policies and procedures and internal controls to ensure full compliance with all AML/CFT legislation.
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Verify the proper functioning of all AML compliance systems and controls.
- Contribute to the implementation of an AML/CFT training programme.
Main Responsibilities
Help the AMLCO in all aspects of leading, developing and operating the AML Team (10+ and growing), including:
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Working with the AMLCO to scaling up and structuring the AML Team and its operations as EU grows.
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Implementing a Risk-based approach for the prevention of ML/TF, including reviewing and updating the ML/TF Overall Risk Assessment.
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Drafting and implementing the annual AML Plan.
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Working with the product, project and operations teams to enhance AML systems and controls.
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Developing and implementing the AML Training Plan.
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Drafting the annual AMLCO Report.
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Reviewing the AML Policies, processes, procedures and controls (either at local or at group level assessed against Belgian requirements).
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Overseeing the AML Team performance and daily activities.
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Maintaining a close oversight of EU Agents, support the Agent Oversight Team.
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Ensuring the timely processing of Transaction Monitoring/Customer Ongoing Due Diligence alerts and the drafting, reviewing and communication of SARs of the highest quality to various competent authorities.
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Ensuring the constant review, update and improvement of typologies, scenarios, and Transaction Monitoring tools’ settings.
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Ensuring that the Sanctions-related processes and tools meet relevant requirements.
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Working with the AMLCO to ensure the timely preparation, validation and submission of AML regulatory reporting to Board, Senior Management, Auditors and Regulators.
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Workinf closely with the other functions of control od the 2LoD and 3 LoD.
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Working closely with all other departments, including our UK-based Banking Operations, Fraud Operations, IT, head of Financial Crime Unit, our clients/agents and third parties such as payment schemes, law enforcement organisations, other financial institutions and financial crime prevention bodies.
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Keeping abreast of new and existing regulatory changes and assess their impact on the business and our agents, and finally control AML compliance across the board.
- Representing EU in industry bodies and working groups.
Key Working Relationships
Internal:
EU management
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Support teams in Belgium and the UK (AML, Financial Crime Hub, Compliance, Legal, Products, etc).
- UK and Edenred Pay Europe commercial teams
External:
Agents (business partners).
- Competent authorities
Requirements
Skills
Experienced AML Officer / Manager / Team Leader with a demonstrated history of working in the financial services industry.
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Any relevant certification is a plus (e.g., CAMs Specialist, AML or Compliance Officer).
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You must be passionate about fighting ML/TF and Sanction related crimes! This is not just a regulatory requirement to us; we really care about protecting EU, our shareholders, agents, customers, and consumers generally.
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A relevant experience at a Fintech, payment institution or eMoney institution is a plus.
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A strong understanding of risks and issues specific to e-money and payment services is a significant advantage.
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Ideally, you will have previous experience working in an B2B2C business model, and you would be able to exercise robust but business-friendly control and oversight in relation to our clients/agents/distributors.
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You must be comfortable with technology and how it can be used for ML/TF/Sanctions-related crimes prevention.
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Experience in web technologies and software platforms for maximum usability is an asset
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Highly organized, focus on delivery on agreed scope, quality and time.
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Excellent relationship management. Strong oral and verbal communication.
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Fluency in English and French or Dutch.
- Positive attitude and outlook, determined, enthusiastic and resilient.
Additional Information
Role based in Brussels (Auderghem), Belgium.
- Teleworking is possible. However, the management’s role is expected to facilitate face-to-face teamwork and infrequent travel is required to meet with UK teams and European partners.
Benefits
Package
Competitive Salary + yearly bonus
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Company car
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Assurance DKV
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Assurance Groupe
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Ticket Restaurant, Eco Cheque, Cheque Sport & Culture, Cheque Award
- Laptop + GSM
Job Information
Account Manager
Lohana Ramos
Work Experience
4-5 years
Industry
Financial Services
Expertise
Compliance
City
Brussels
State/Province
Bruxelles-Capitale, Région de
Country
Belgium
Zip/Postal Code
1160
