Role Overview

Collaborate with the onboarding and sales teams to collect, review and provide feedback on Merchants Onboarding documentation and requirements according to the AML and Risk requirements.
Communicate with Merchants in case needed to resolve pending onboarding tasks
Perform merchants’ renewals according to the AML and Risk requirements
Resolve screening results from screening, website crawling and ID verification vendors.
Review AML, Risk Fraud and onboarding Flags and proceed to solving them based on the department’s manual or escalate to the Head of UW as needed.
Communicate with Merchants and the sales/onboarding teams for the onboarding requirements and the on-going review of the account
Communicate with the AML and Risk teams for escalations, clarifications and approvals as needed.
Perform reporting on a regular and ad hoc basis
Perform partners Due Diligence according to the department’s manuals
Review Risk and AML scoring results and assign the relevant categorization to the clients following the Onboarding and AML procedures
Perform Fraud, Chargeback and Rolling Reserve Analysis to assess the Risk Level of a prospective merchant
Perform website reviews according to the Card Schemes, AML and Risk requirements
Perform website traffic review and plausibility checks to assess the level of Risk of a Merchant and suggest rejection/approval to the Head of UW and/or the Risk/AML Departments.
Collect and review the financial statements or management accounts of the prospective merchants to identify critical ratios and items as instructed on the UW manual.
Access the Registrar of companies of several countries to obtain documentation for the prospective or existing Merchants
Work closely with the RnD and Product teams for system feature requests, improvements, QA and requirements
Follow the existing procedures and suggest improvements based on merchants’ and interdepartmental feedback
Fill ISR reports where relevant
Keep clients records up to date
Assist with departments projects as needed.

Requirements

At least 3 years of experience in a similar role in a regulated financial institution
Experience in the Payments Industry will be considered a big advantage
Prior experience of underwriting corporate legal entities is a must either from the Risk or the AML perspective
AML or Risk Certifications will be considered an advantage
Team player
English at a fluent or native level
Excellent Communication skills
Attention to Detail

Benefits

Flexible working hours
Balance work between the office and home
Homemade Lunch Mon-Thu and happy hour on Fridays
Medical Insurance after the probation period
Provident Fund after the probation period

Pay.com

Open Positions (1)

Finance

Senior Underwriting Specialist