Payment Compliance Officer

Key Responsibilities: - Develop, implement, and maintain compliance programs to ensure adherence to regulatory requirements. - Monitor payment transactions for potential compliance issues and report any suspicious activities. - Conduct risk assessments and compliance audits, providing recommendations for improvements. - Develop and maintain a comprehensive merchant risk policy, including evaluating the risk profiles of merchants and implementing mitigation strategies. - Stay up-to-date with industry regulations and changes in legislation affecting payment compliance. - Collaborate with internal teams to ensure compliance policies are effectively communicated and understood. - Provide training and support to staff on compliance matters and best practices. - Prepare and submit compliance reports to senior management and regulatory authorities as needed. - Assist in the investigation of compliance breaches and recommend corrective actions. Qualifications: - Bachelor’s degree in finance, business, law, or a related field; advanced degree or certification (e.g., CAMS, CRCM) is a plus. - Minimum 5 years of experience in compliance within the payment processing or financial services industry. - Strong knowledge of regulatory requirements relevant to payment compliance (e.g., AML, KYC). - Experience in developing and implementing merchant risk policies is highly desirable. - Excellent analytical and problem-solving skills. - Ability to communicate effectively with stakeholders at all levels. - Strong attention to detail and organizational skills. - Proficiency in compliance management software and tools is an advantage. What We Offer: - Competitive salary and benefits package. - A collaborative and inclusive work environment. - Opportunities for professional growth and development. - The chance to be part of a forward-thinking team dedicated to innovation in payment technology. Originally posted on Himalayas