At a Glance
- Tasks: Manage compliance risks and ensure regulatory adherence in a fast-paced tech environment.
- Company: Join an award-winning B2B tech unicorn revolutionising payroll and payments.
- Benefits: Competitive salary, flexible working options, and opportunities for professional growth.
- Why this job: Be part of a mission-driven team making a real impact in the global workforce.
- Qualifications: 5+ years in legal/regulatory affairs with expertise in payments and financial crime.
- Other info: Dynamic workplace with a focus on innovation and career advancement.
The predicted salary is between 48000 - 72000 £ per year.
Papaya Global is a rapidly growing, award‑winning B2B tech unicorn with a mission to revolutionize the payroll and payments industry. With over $400M raised from top‑tier investors, our innovative technology provides a comprehensive solution for managing global workforces, from hiring and onboarding to managing and paying employees in over 160 countries.
Responsibilities
- Identify, assess, monitor, and control compliance risks associated with the Company's current and proposed future business activities.
- Monitor any regulatory changes on a group level and advise senior management and Head of Compliance on any necessary changes.
- Advise the Head of Compliance and Senior Team about regulatory matters in terms of new product launches.
- Regular maintenance of all Group & Regulated Entities' compliance policies, such as AML manual, Risk Assessment etc.
- Maintain an up to date schedule of reporting requirements across jurisdictions and ensure timely submission in coordination with the Head of Compliance and local Compliance Officers / Directors.
- Responsible for the annual compliance training from design to implementation.
- Annual due diligence of partners, existing and potential.
- Coordinate preparation for the annual AML audit along with Head of Compliance.
- Help to oversee risk assessment and mitigation projects.
- Report any knowledge or suspicion of money laundering or terrorist financing to the MLRO.
Requirements
- A University degree in law, business or similar.
- Minimum 5 years of professional experience in legal and regulatory affairs.
- Background in Financial Services & regulatory expertise.
- Payments knowledge is a must.
- Knowledge in all aspects of financial crime; KYC, AML, CFT, sanctions screening.
- Experience liaising with Compliance officers / MLROs, Product & Sales, banks, auditors and regulators.
- Excellent written and oral communication skills.
- Fluent in English, both written and spoken.
Payments Compliance Manager employer: Papaya Global
Contact Detail:
Papaya Global Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Payments Compliance Manager
✨Tip Number 1
Network like a pro! Reach out to people in the payments and compliance sectors on LinkedIn. A friendly message can go a long way, and you never know who might have the inside scoop on job openings.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of AML, KYC, and other compliance regulations. We recommend creating a cheat sheet with key points to discuss, so you can impress the hiring team with your expertise.
✨Tip Number 3
Showcase your experience! When you get the chance to chat with potential employers, highlight your past roles and how they relate to the Payments Compliance Manager position. Use specific examples to demonstrate your skills.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Payments Compliance Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Payments Compliance Manager role. Highlight your experience in legal and regulatory affairs, especially in financial services. We want to see how your background aligns with our mission at Papaya Global!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about compliance and how your skills can help us revolutionise the payroll and payments industry. Keep it engaging and relevant to the job description.
Showcase Your Communication Skills: Since excellent written communication is key for this role, make sure your application is clear and concise. We love a well-structured application that reflects your ability to communicate complex regulatory matters effectively.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team at Papaya Global!
How to prepare for a job interview at Papaya Global
✨Know Your Compliance Stuff
Make sure you brush up on your knowledge of compliance regulations, especially in the payments sector. Familiarise yourself with AML, KYC, and CFT practices, as well as any recent changes in legislation that could impact the role.
✨Showcase Your Experience
Prepare to discuss your previous roles in legal and regulatory affairs. Highlight specific examples where you've successfully managed compliance risks or implemented new policies. This will demonstrate your hands-on experience and problem-solving skills.
✨Communicate Clearly
Since excellent communication is key for this role, practice articulating complex compliance concepts in a straightforward manner. You might be asked to explain how you would advise senior management on regulatory matters, so clarity is crucial.
✨Ask Insightful Questions
Prepare thoughtful questions about the company's compliance culture and how they handle regulatory changes. This shows your genuine interest in the role and helps you gauge if the company aligns with your values and work style.