My client is the leading global provider of local mobile-first payments solutions. Global brands including Amazon, Google, Microsoft, Netflix, Spotify etc.I'm looking for someone immediately available to join my client on a contract basis. This person will have a minimum of 4 years of experience in regulatory compliance within the Payments/FinTech industry, with a focus on Operation Compliance.Key Responsibilities:Merchant Due Diligence:o Conduct comprehensive due diligence on new and existing merchants to assess their risk profile.o Analyse merchant documentation, financial statements, and business operations to ensure compliance with regulatory standards.o Evaluate merchant backgrounds, ownership structures, and transaction patterns to identify potential risks or anomalies.Sanctions Checks:o Execute sanctions screening processes to verify merchant entities and individuals against relevant sanctions lists.o Utilize automated screening tools and databases to conduct thorough sanctions checks.o Investigate and escalate any potential matches or discrepancies identified during sanctions screening.Ongoing Compliance Queries:o Serve as a primary point of contact for internal stakeholders regarding compliance-related inquiries.o Respond promptly and effectively to compliance queries from various departments within the organization.o Collaborate with cross-functional teams to address compliance concerns and implement corrective actions as needed.Regulatory Compliance:o Stay abreast of regulatory developments and changes in the financial industry pertaining to merchant due diligence and sanctions screening.o Interpret and apply regulatory requirements to the company's operations, policies, and procedures.o Assist in the development and enhancement of compliance frameworks and controls to ensure alignment with regulatory expectations.Documentation and Reporting:o Maintain accurate records of due diligence activities, sanctions checks, and compliance queries.o Prepare comprehensive reports documenting compliance findings, trends, and recommendations for management review.o Assist in the preparation of regulatory filings and audits related to merchant due diligence and sanctions compliance.Competitive day rate - please contact me on jasmine@paymentgenes.com