Verifone

Merchant Monitoring & Ongoing Due Diligence Analyst

Bucharest. Posted 2 months ago

The role

The Merchant Monitoring & Ongoing Due Diligence Analyst keeps the existing merchant portfolio compliant with AML/CTF frameworks and internal risk appetite. This person will execute risk-based re-underwriting cycles, handle trigger-based reviews, and perform KYC/KYB refreshes.

What you will do

  • Execute risk-based re-underwriting cycles across the group merchant portfolio
  • Handle event-driven reviews from transaction monitoring, adverse media, sanctions, PEP hits, UBO or legal-form changes, chargeback spikes and scheme notifications
  • Re-verify legal entity data, UBO structures, control persons, licensing, PoA and business model
  • Refresh IDs, register extracts and financials
  • Clear sanctions, PEP and adverse media alerts
  • Conduct open-source and register-based investigations
  • Build EDD files for high-risk merchants
  • Recommend continuation, remediation actions, restrictions or off-boarding
  • Follow the 4-eyes principle and maintain audit trails in KYC case management tools
  • Interface with Onboarding, Credit Risk, Fraud, AML/Compliance, Sales and Merchant Support

Required qualifications

  • 3–7 years of hands-on KYC/KYB experience in a payment institution, acquirer, PSP, e-money institution or bank
  • Demonstrable ownership of periodic reviews and EDD
  • Solid working knowledge of at least one European AML/CTF framework (GwG, Wwft, MLR 2017, FIN-FSA AML Act or equivalent)
  • Knowledge of card scheme rules (Visa, Mastercard)
  • Ability to form and defend a risk view on complex merchant structures
  • Comfortable with KYC platforms (e.g. Sumsub, LexisNexis, Dow Jones, World-Check), transaction monitoring systems and standard investigative sources
  • Business-fluent English (written and spoken)

Nice to have

  • German or Dutch
  • CAMS, ICA or comparable certification
  • Exposure to DNB, FCA or FIN-FSA supervised entities
  • Experience supporting external audits or supervisory inspections

About the company

Verifone is a leader in the electronic payment technology industry and one of the largest providers of electronic payment systems worldwide. The company works with leading retailers, merchants, banks, and third party partners to deliver innovative payments solutions.

Merchant Monitoring & Ongoing Due Diligence Analyst at Verifone | JobZoey