TerraPay
delivers the world’s fastest high-impact mobile-first payments. It operates a
Cross-Border Mobile Payments Network for emerging markets, processing money
transfers, push and merchant payments in real-time for duly licensed
financial institutions, organizations and merchants. Leading companies around
the world rely on TerraPay’s Mobile Payments solutions for digital payments.
Please
visit www.terrapay.com, for
more information.
Description
TerraPay
Global/Group Compliance is responsible for ensuring compliance with
anti-money laundering (“AML”), Bank Secrecy Act, USA PATRIOT Act, OFAC, EU
and sanctions regulations for the global operations. Additionally, AML
oversees key processes and risks of the KYC department as well as global
Compliance Program, Regulatory and Procedural requirements.
TerraPay
requires a Sanction Screening & Monitoring Compliance Analyst within the Global Sanctions and Monitoring Program team. Individual responsible for ensuring
compliance with OFAC, E.U., and other applicable sanctions programs
throughout TerraPay. This includes reviewing alerts on transactions (second
level review) and static data (first level review) for potential matches to
the OFAC, E.U., and any other applicable lists and investigating potential
matches, reporting blocked property or rejected transactions to OFAC,
investigating and drafting Voluntary Self-Disclosures to OFAC, providing
sanctions-related advisory support to TerraPay business units, reviewing the
Sanctions Risk Assessment, and coordinating with the Sanction Screening &
Monitoring Compliance Manager or Global Head of Compliance, as appropriate.
The
incumbent will also be responsible for TerraPay Partner and Customer
Monitoring program and applicable reporting tasks. The incumbent will be
tasked with proposing corrective action measures to mitigate any risks
identified throughout the execution of Complian