KYC Compliance Analyst

SD Solutions is looking for a talented KYC Compliance Analyst to step onto a fintech unicorn rocketship

Company offers a hybrid format of work: (hybrid office visit - 3 days in the office/2 remote). The office is located in Edificio Select, Cra. 29c, El Poblado, Medellín, Antioquia, Colombia.

The KYC Compliance Analyst is responsible for onboarding customers and mitigating risk through detailed research and the application of compliance policies. This role involves evaluating new client applications, ensuring compliance standards are met, and conducting ongoing reviews of active accounts. The Analyst will collaborate with various departments, drive process improvements, and handle escalations related to high-risk customers.

Responsibilities:

• Client Onboarding & Evaluation: Review and evaluate new applications made by companies seeking to use Tipalti's payables platform, ensuring that all documentation is valid and meets compliance standards.
• Documentation Review: Ensure that all documentation is compliant with regulatory standards during the application process.
• Stakeholder Communication: Communicate and assist via email with internal and external stakeholders to ensure that all necessary details for the evaluation process are received.
• Business Evaluation: Conduct a comprehensive 360-degree business evaluation of potential clients using in-house tools and external research.
• Decision Making & Ownership: Take ownership and responsibility for the approval process of client accounts, acting as the decision-maker on their application status.
• Annual Account Reviews: Review active accounts on an annual basis to ensure ongoing compliance with regulatory standards.
• Cross-Functional Collaboration: Collaborate with other departments to ensure that the client onboarding process aligns with organizational goals and compliance requirements.
• Process Improvement: Identify and implement improvements to KYC processes, enhancing overall efficiency and effectiveness.
• Quality Control: Maintain the integrity of quality control by reviewing high-risk and complex files, ensuring accurate and compliant decision-making.
• KYC Controls Monitoring: Ensure that all KYC controls are functioning as expected and are in line with compliance standards.
• Escalation Handling: Handle escalations involving high-risk customers, performing Enhanced Due Diligence (EDD) as necessary.
• Compliance Point Person: Act as a point person for compliance-related escalations from other departments, providing expert guidance and resolution.

Requirements:

• Experience: 1-3 years of experience in KYC, AML, risk analysis, or a related compliance role, preferably within the fintech or financial services industry.
• Critical Thinking & Problem Solving: Strong critical thinking, problem-solving, decision-making skills, with a customer-focused and detail-oriented approach.
• Technical Proficiency: Familiarity with KYC tools and technologies.
• Regulatory Knowledge: Experience with regulatory requirements in the UK/EU and the ability to apply this knowledge effectively.
• Communication: Excellent English proficiency (written and verbal) with strong oral and written communication skills.
• Ownership & Initiative: Demonstrate Tipalti's value of ownership, showing initiative and accountability in all tasks.
• Stakeholder Management: Ability to manage internal and external stakeholders effectively.
• Due Diligence Expertise: Experience in financial due diligence and transaction review, with strong knowledge of KYC, BSA (Bank Secrecy Act), and AML to identify and escalate key risks.
• Industry Experience: Startup or financial bank services experience is a plus.
• Language Proficiency: Proficiency in the English language, both written and verbal.

About the company:

It is a global payables automation platform that provides a cloud solution to scale and automate global payables operations. The startup has already raised $565M funding.

Job Type: Full-time