Senior Manager - Compliance (Nium Checkout)

Full Time 


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Job Description
What's the story?

InstaReM began in 2014 with a vision to simplify the cross-border payments experience. While continuing to be an expert in consumer remittances, the team behind InstaReM expanded and scaled its offerings to meet the needs of SMEs, Financial Institutions, Enterprises and even other payment service providers. That expansion included an innovative technology infrastructure that makes sending, spending and receiving money across borders faster, more transparent and better integrated with our customers' lives and business needs. InstaReM is powered by the same platform that we offer our enterprise clients. That platform is NIUM.

Our network is powered by our portfolio of licenses, hard-earned by building trust with financial regulators in over 38 countries. This combination of regulatory and tech assets is unique to Nium and is at the core of our unique value proposition.

NIUM's core mission is to reduce barriers faced by businesses across the world by abstracting away the complexities of Digital payments. Businesses that run on NIUM, from fledgling start-ups to large enterprises, place significant trust in NIUM to accelerate their success. Our cards product enables our wide variety of customers to create bespoke spend solutions for themselves and their businesses.

What would a day in your life @ Nium look like?

As Sr. Manager Compliance - NIUM Checkout, you would:
  • Be responsible for managing the NIUM Checkout compliance program, and the provision of day-to-day Compliance advice relating to: merchant onboarding, managing AML/CTF compliance risk, funds flows, and regulatory compliance concerns
  • Implement, maintain and scale an effective and seamless merchant onboarding process in line with NIUM's risk appetite and in compliance with regulatory requirements
  • Perform merchant onboarding activities as well as act as a point of escalation and resolution of complaicne matters relating to NIUM Checkout merhant activities
  • Implement and maintain in compliance with NIUM's global oversight framework ongoing due diligence and periodic reviews of NIUM Checkout merchants
  • Work closely with NIUM fraud, compliance, business and product teams to provide for a seemless and scalable NIUM Checkout service
  • Lead the continued development and implementation of Compliance related policies and procedures for the NIUM Checkout business
  • Act as a Compliance Subject Matter Expert for new and existing NIUM Checkout business opprtunites
  • Maintain current awareness of regulatory developments, managing and executing monitoring activities
  • Keep abreast of latest changes in regulatory requirements, and ensure governance programs and compliance policies are maintained and relevant
  • Cultivate relationships with regulatory, financial and channel partners

Enable the launch of Nium Checkout by June 2023. Define the policies, frameworks and controls across the merchants life-cycle from onboarding to refreshes and monitoring. Condensing inputs from legal, regulatory, schemes, data privacy to ensure a robust and smooth merchant experience.

  • Create and enable Nium Checkout's onboarding, and compliance risk policies
  • Review and successfully onboard first 20 merchants
  • Put in place a scalable, replicable process for onboarding of merchants, including self-serve onboarding
  • Articulated compliance requirements for product roll-out taking into consideration compliance, risk, legal, regulatory, scheme rules and data privacy
  • Partner with the busiess to enable payment gateway partnerships and flows
  • Vocal advocate of Nium Checkout's compliance robustness

  • Bachelor's Degree in Business Administration, Economics, Criminal Law, or similar discipline
  • At least 5 years of Compliance experience
  • Experience working with payment acquiring, merchant underwriting or checkout solutions
  • Strong understanding of the international payments and compliance landscape in a fintech environment.
  • Proven experience managing merchant and checkout compliance risk with the ability to draft relevant compliance policies and procedures.
  • Experience establishing relationships with Commerce players, banks, lenders, Fintechs, and clients who live and breathe payments every day
  • Detail oriented, hands-on and able to multi-task, takes the initiative, ownership and ready to challenge the status quo
  • Excellent program and project management skills

  • Hybrid Working Environment
  • Comprehensive Health Insurance
  • Home Office setup allowance
  • 24x7 Employee Assistance Program
  • Recognition framework
  • Employee referral bonus program
  • Work for a company whose values focus on transparency
  • Generous PTO in addition to paid leave between Christmas and New Year
  • Company-wide social events, happy hours, and so much more.

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