Analyst, Partner Due Diligence (PDD)

Who we are...

We’re global, we’re growing and we’re going to need talent to keep up the pace. We’re making payments simpler for over 4m customers worldwide, in over 90 currencies. We’ve been around for 10 years, disrupting the market with a digital payment platform that aims to make sending money abroad as easy as sending a text message. 

There’s almost 1,200  of us already hard at work and we love welcoming new people. We’ve got offices across the world, from London to Sydney and 15 locations in between - they’re open for business but right now lots of us are working from home. Want to be part of our global growth story - read on…

About the role...

The Partner Due Diligence (PDD) Analyst performs a variety of duties to ensure our international Payment Partner Network meets WorldRemit’s Anti Money Laundering (AML) and Counter Terrorist Financing (CTF) compliance programmes. 

As the PDD analyst, you will assess and analyse the risk posed to WorldRemit by our partners, onboarding new partners in a compliant way and ensuring we have accurate and up-to-date information through our Partner periodic re-review process, identify suspicious activity or red flags within our partner network as well as remaining current on compliance matters as they relate to AML, CTF, Sanctions and Due Diligence.

As a member of WorldRemit’s compliance team you will aim high, embrace challenge and always do what’s right; acting with integrity and building trust as you contribute to the company’s technical direction and long term decision making.

Reporting to the Head of Correspondent, EDD, you will:

• Conduct Partner Due Diligence (PDD) on our international Pay-out Partner Network at onboarding and periodically to ensure WorldRemit meet our regulatory and legal obligations. This includes KYC, KYB, Risk Assessment, PEP and Sanctions screening, Open Source Searches, adverse media etc.
• Analyse and assess our partners’ AML/CTF/Sanctions Programmes and Controls through desk-based research, calls and onsite visits
• Analyse, verify and summarise the results of their PDD research in a clear and concise way to present to the business for decision
• Work with the Head of PDD to identify and mitigate any potential Red Flags found during the PDD process, escalating any suspicious activity/concerns.
• Communicate and cooperate with our partners as part of onboarding, re-review and on an ad hoc basis
• Adhere to and comply with all applicable laws, regulations and guidance, including those related to Anti-Money Laundering, as well as adhering to company policies and procedures
• Work independently on ad-hoc incoming Partner Due Diligence requests, while building and maintaining effective working relationships with the global Network Team.
• Attend in-house and external AML/CTF compliance training sessions to remain current
• Work as part of the PDD Team to devise new and enhanced process to ensure a best-in-class PDD process

 What we’re looking for from you…

• Bachelor’s degree or relevant experience in AML and CTF 
• Experience in AML or Partner/Correspondent Banking Due Diligence in an international banking or payments environment preferred 
• Prior knowledge of MSBs and banking networks in Africa, Asia and LatAm, an added bonus.
• Established research, problem solving and organisational skills and the ability to multitask.
• A team-player, who is also able to work independently, establishing cooperative and collaborative working relationships with internal and external stakeholders.
• Ability to analyse large amounts of information in a concise and insightful way, with accuracy and attention to detail
• Innovative approach to identifying issues in, and improving processes
• Excellent oral and written communication skills, proficient in Excel, Word or G-suite

What you'll get from us...

• Employer-paid Life assurance of 2 times your salary, should the worst happen.
• 401K offering 4% employer match of employees base salary.
• Part employer-funded medical and dental care plans.
• Employee paid vision plan 
• Part employer-funded health savings account
• Voluntary Benefit plans available 
• 15 days of vacation plus public holidays, rising to 18 days after 3 years. Vacation vs Holiday 
• Recharge days, 4 per year, 1 for each quarter
• Paid sick leave
• Eligible for paid sabbatical after 4 years of service.
• Eligible for discretionary bonus and recognition rewards.
• Temporarily remote 

Salary - (USD) $28.90 - $32.40 Hourly

*Please note, due to remote working at present, some of our benefits may be temporarily suspended. For more information please get in touch.