Compliance Officer  

Are you a talented & passionate Compliance Officer?

Would you like to be part of a team that develops new products for a new fin-tech company, specialized in attractive, secure and cost effective payment solutions?

Would you like to help establish the company from scratch by setting up compliance regulations and ISO standards?

Then we like YOU to join our dynamic PaySociety team.

PaySociety is soon to incorporate and will launch its own proprietary Global Payment Network & Associated Services.

These new payment solutions will transform the daily payments, including shopping, restaurants, hotels, petrol stations, internet payments, payments for your business, sending funds overseas, by providing transactions which are secure, faster, and at a lower cost.

Following receipt of appropriate financial licenses, we anticipate a phased launch such that our Global Payment Network will enable associated services at phase 1 covering more than 30 countries, and with further phases reaching up to 70 countries.

We are looking for a compliance officer, who would like to:

• Work in a dynamic company;
• Set up and prepare the compliance regulations;
• Set up the ISO standards for Pay Society;
• Able to work as team member;
• Actively interact with technicals, business users and stake holders

These job requirements are all to be done in a multicultural, multidisciplinary and multi-jurisdictional environment and require excellent writing & communication skills.

Responsibilities

• Set up and maintain the compliance regulations for Pay Society;
• Set up the ISO standards for Pay Society;
• Able to research national and international regulations;
• Maintain current and extensive knowledge of the laws, regulatory guidelines and ISO which Pay Society is required to comply with;
• Prepare the required documentation, procedures, and instruction for Pay Society on basis of national and international compliance rules;
• Act as an integral part of the team regarding knowledge resources for all compliance-related matters;
• Monitor compliance programs that have been put in place to ensure adequacy;
• Carry out interview reviews and audit of Pay Society’s compliance program;
• Oversee the dissemination of compliance-related information to Pay Society employees to ensure familiarity with compliance requirements;
• Collect, analyze, and report on relevant statistics;
• ongoing development and administration of compliance training program for all employees;
• Work with auditors and examiners during regulatory compliance examinations and audits;
• Participate in training relating to the job and any other training program as required;
• Comply with policies and procedures as well as regulations and laws;
• Act as the main point of contact source for outside audit companies;
• Liaise with the Management Team to oversee certain compliance procedures and offer risk management advice;
• Able to realize a compliance risk assessment;

• A graduate degree in finance, business or law;
• A graduate degree gives a distinct advantage;
• Knowledge of ISO standards is required;
• Knowledge about AML regulations is a big advantage;
• Professional certification, such as Certified Bank Compliance Officer (CBCO), Certified Regulatory Compliance Manager (CRCM), or Certified Regulatory and Compliance Professional (CRCP), regarded as an asset;
• Minimum of three years’ managerial experience in a financial institution;
• Experience working in a fast-paced and dynamic environment;
• Ability to read and understand technical and legal language;
• Strong mathematical and statistical analysis background;
• Ability to multi-task;
• Self-motivated with strong leadership abilities;
• Strong critical thinking and problem-solving skills;
• Excellent oral and written communication;
• Exceptional presentation skills;
• Strong organizational skills;
• Detail-oriented with strong research skills;
• Experience in Microsoft Office (Word, Excel, PowerPoint, Project);
• Confidentiality and sound business judgment;
• Exercised discretion when performing duties assigned;
• Familiar in working in an Agile environment;
• Good writing & communication skills;
• Attention to details;
• Non-corporate attitude approach;