Enhanced Due Diligence Analyst
Finix Payments
You Will:
- Create and own the Enhanced Due Diligence of high-risk clients and industries including building out an Enhanced Due Diligence Program for high-risk verticals including debt collection, accounts receivable management, marketplace, digital wallets, subscription services, Nutraceuticals and others as needed
- Partner with Account Management within high-risk verticals to determine if we can onboard clients within these verticals while adhering to vertical EDD and AML program requirements
- Seek and clarify compliance requirements from sponsor banks and card brands, reviewing these with POPs and Compliance
- Once EDD programs are solidified, work with Sales and communicate requirements to potential customers
- Work closely with Underwriting, Compliance, and Legal on any potential customer onboarding
You Are:
- Proactive and enthusiastic to build an Enhanced Due Diligence program
- Excited to research rules & regulations to ensure our interpretation and operationalization is within Finix's risk tolerance
- Able to communicate with technical and non-technical teams, translating complex concepts between the two and ensuring alignment between them
- Keenly attuned to details, ensuring nothing is overlooked when defining & assessing risk
- Organized and able to manage multiple projects simultaneously, against deadlines and within budget
- Confident in your abilities but eager to learn and expand your knowledge
You Have:
- Prior payments experience at a processor, payment facilitator, or FinTech specializing in money movement
- 3+ years of experience in Enhanced Due Diligence or Underwriting
- A talent for analyzing industry requirements as set by the sponsor bank to determine whether or not Finix can do business with a variety of customers
- Knowledge of industry standard regulatory compliance and ability to build a program to ensure potential customers meet these requirements
- Customer-facing experience
- Ability to work cross-functionally with a variety of teams such as Risk, Compliance, Underwriting, and Account Management