Compliance Manager - Partner Due Diligence

Company: Nium
Location: Miami
Posted on: May 15, 2022

Job Description:

Description

Compliance Manager - Partner Due Diligence

Locations : Miami, FL, San Francisco, CA or London, UK, Madrid, Spain

Nium: A global leader in modern money movement

At Nium, we are changing the world one transaction at a time. By eliminating the complexity in global payments, we are moving the world closer to a future of frictionless commerce. It's our modular platform that helps businesses pay and get paid across the globe with services for pay-outs, pay-ins, card issuance, crypto-as-a-service, and banking-as-a-service.

Once connected to our platform, businesses can pay out in more than 100 currencies to over 190 countries - 85 of which in real time. Funds can be received in 27 markets, including Southeast Asia, UK, Hong Kong, Singapore, Australia, India, and the US. Our growing card issuance business is already available in 34 countries, including Europe (SEPA), the UK, Australia and Singapore. And our license portfolio covers 11 of the world's jurisdictions, enabling seamless global payments and rapid integration, regardless of geography.

And now we're building a world-class team to help us bring our mission of powering a future of frictionless commerce to life. If you're a risk taker, a maverick who embraces our values of simply, better, together. If you see the world as it should be, not what it is. If you're a problem solver and a builder, then be a part of our element of success, and come join us today.

About The Role

You will be part of the US Compliance Team, reporting into the Head of Compliance - Americas, and will have a Global reach. You will be responsible for overseeing Due Diligence requests received by our banking partners and clients on any one of our Nium entities globally. You will also be the point of contact for and will build and oversee the onboarding and ongoing Vendor/Partner Due Diligence Program for Nium.

What would a day in your life @ Nium look like?

Lead The Day-to-day Operations Of The Partner / Client Due Diligence On All Nium Registered Entities As Well As Lead The Vendor Due Diligence Compliance Function As Follows
Develop partnerships with the Compliance area of the Banking Partner's Compliance Team to effectively manage reviews undertaken by the Partner on the various Nium entities.
Serve as the key point of contact for meetings with banking partners and clients on Nium entities due diligence requests.
Lead and Respond to all Due Diligence requests from Nium's banking/FI partners and Institutional clients performing independent reviews on Nium's compliance controls.
Improve and streamline the Nium Due Diligence processes across the organization, becoming the global point of contact for all of Nium's Due diligence reviews.
Create and oversee the (Know Your Vendor) due diligence process, liaising with various teams to perform or respond to Vendor /Partner Due diligence requests (not limited to financials, money laundering, connected party, sustainability etc.)
Maintain a log of Vendors/Partners and lead the ongoing monitoring of Nium's partners.
Independently lead due diligence activities on third parties including reviewing due diligence assessments, identifying red flags, proposing mitigation measures, and drafting of related reports.
Collect and assess due diligence material including questionnaires, online research, and external reports.
Track and maintain an inventory of requested information for each Nium entity and ensure that key data and reports are refreshed periodically to ensure these are maintained current.
Host periodic catch ups with each regional compliance head ensure relevant information on each region's compliance framework is maintained up to date.
Understand Nium's key controls by staying abreast of new products and services introduced in each region, and on recent audits and regulatory exam findings in each region.
Manage internal stakeholders (e.g. management, compliance network) and external stakeholders (e.g. third parties under review) in relation to compliance demands. Lead and manage external providers (external counsel and due diligence providers) as appropriate.
Perform compliance risk assessments and ongoing monitoring and contribute to the development of risk mitigation strategies and to strengthening internal control systems.
Conduct training on Third-Party management processes and third-party risks.
Support internal audits globally by Nium's regulators or banking partners.
Serve as a backup to Institutional Client and Partners ongoing due diligence reviews.
Create metrics and monthly reporting of the organization-wide due diligence reviews performed and responded to on Nium entities.
Ensure proper documentation of risk assessments and related risk-mitigation plans and implementation.
Maintain a sound understanding of the global and local business activities, applicable laws, and regulations.
Provide regular updates to the leadership team, the compliance organization, and others, as needed, regarding third-party issues
Serve as a backup to Institutional Client ongoing due diligence reviews.

Requirements
Bachelor's or master's degree preferred
Multi-lingual in Spanish strongly preferred, Portuguese and French also desirable
At least 5 years of experience working in a risk and compliance role. Matured leader, independent, hardworking, eager to learn
Some years of working experience in compliance, legal or other relevant fields (finance, audit) or at a recognized international third-party service provider are advantageous.
Experience within payments / FinTech industry
Expert Knowledge in the Global Regulatory environment and AML/Compliance requirements.
Ability to lead end-to-end process implementation of control frameworks.
Proficient in Microsoft Office.
Possess strong attention to detail, analytical mindset with high-risk awareness
Strong analytical and problem-solving ability.
Excellent communication and interpersonal skills.

Benefits
Comprehensive Health Insurance
Home Office setup allowance
Training & Development
24x7 Employee Assistance Program
Generous Parental and Family leave
Year-end leaves

About Nium

We, at Nium, are on a mission to transform modern money movement. We are driven by our co-created values of "seek the simple", "make it better" and "win it together".

These aren't just buzzwords; they're how we do business every day and owned by each and every employee at Nium. We create new rules and new possibilities for a world of open money.

We Are Looking For Owners Who Can
Cut through chaos and ambiguity to simplify complexity at speed and scale
Remain restless, brave and passionate, taking accountability to constantly create something better
Transcend borders to collaborate with trust, empathy and compassion nium.com

Keywords: Nium, Miami , Compliance Manager - Partner Due Diligence, Executive , Miami, Florida