MONEY LAUNDERING REPORTING OFFICER (MLRO)

About UsGlobal money movement, simplified!• Powering global payments across 7.
billion bank accounts, 6 billion cards, and 2.
billion wallets• 121 banking partnerships, 210+ send countries, 140+ receive countries.
erraPay is the pulse of global payments innovation.
We're the bridge that connects people and businesses worldwide, empowering them to effortlessly send, receive, and manage money across borders.
e have repositioned ourselves as a global money movement player that helps businesses manage their global payments for local payout needs through our extensive network.
egulated across over 30 diverse markets, TerraPay stands out as the sole payment provider with such a broad reach.
We harmonize the complexities of global money movement, orchestrating seamless transactions that transcend borders and cultures.
We are driven by a commitment to inclusion and fueled by innovative technology, we're reshaping the financial landscape, ensuring that international transactions are secure, swift, and hassle-free.
Join us in simplifying global money movement with TerraPay.
Please visit www.
errapay.
om, for more information.
hat do we stand for?At TerraPay, we stand for innovation, efficiency, and the relentless pursuit of excellence in the payments industry.
Our commitment is to deliver seamless financial interactions, enhance global connectivity, and drive transformative changes in the way people and businesses exchange funds.
We place a strong emphasis on trust, security, and collaboration, ensuring that our clients and partners experience world-class financial services with unmatched integrity.
• Liaison with the senior management and / or board on AML/ CTF issues.• Liaison with independent auditors a remedying any issues identified with the AML/CTF framework.• Serving as nominated MLRO /Compliance Officer in Italy and/or EEA.• Consideration of any regulatory feedback regarding the reporting of entity’s risk management performance.• Liasioning with the Bank of Italy/ Financial Intelligence Unit and/or other regulatory authorities in making STR investigations and /or filings on GOAML, as applicable.• Procedures for processing (Instrument) applications to the Bank of Italy for their approval for new designated services or delivery channels.• Contributing to the design, implementation, and maintenance of internal AML/ CTF.
compliance manuals, policies, procedures, and systems, including as applicable from time to time.• Ensuring AML/ CTF compliance is measured and as applicable, rewarded in the performance review processes.• Conducting initial due diligence and ongoing evaluation of partners and other third-party service providers.• Keeping relevant records in accordance with local regulatory provisions and acts.• Coordinating periodic internal reviews of AML/ CTF compliance at partner offices.• Ongoing partner analysis and transaction analysis.• Identifying High, Medium and Low risk partners and customers.• Prepare an analysis report on a quarterly basis.• Prepare a Compliance report on a monthly basis.• Timely submission of all regulatory reports performance review processes.
Conducting initial due diligence and ongoing evaluation of partners and other third-party service providers.• Keeping relevant records in accordance with local regulatory provisions and acts.• Coordinating periodic internal reviews of AML/ CTF compliance at partner offices.• Ongoing partner analysis and transaction analysis.• Identifying High, Medium and Low risk partners and customers.• Prepare an analysis report on a quarterly basis.• Prepare a Compliance report on a monthly basis.• Timely submission of all regulatory reportsQualifications.
Essential Skills:• Bachelor's degree in Law, Finance, or related field.• 4 to 5 years of experience in regulatory compliance, AML/CTF, preferably in banking or fintech industries.• Knowledge of regulatory requirements issued by the Bank of Italy, particularly related to EMI's and payment institutions.• Strong analytical skills and attention to detail.• Excellent communication and interpersonal skills.• Proficiency in English and local language(s) required.
referred Skills:• Experience working with regulatory bodies or financial institutions in Italy.• Expertise in card-scheme rules/requirements (Visa, Mastercard, etc)• Background in law firms specializing in banking or financial services.• Certification in regulatory compliance or related field.
• A competitive compensation package, including performance bonuses.• Join a global team with members from 45+ different nationalities spread across 5 continents.• Enjoy 26 days of annual leave in addition to bank holidays.
hy TerraPay? Joining TerraPay means becoming a part of a progressive team that's shaping the future of payments.
We offer a collaborative environment that values diversity, fosters growth, and encourages innovation.
As an Associate Business Operations Manager, you'll play a pivotal role in enabling seamless financial interactions worldwide.
Elevate your career and be a catalyst for global financial transformation with TerraPay.
e're looking forward to welcoming you aboard! Follow us on social media.
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