Lead - Regulatory Compliance

Nium, the Leader in Real-Time Global Payments 

Nium, the global leader in real-time, cross-border payments, was founded on the mission to deliver the global payments infrastructure of tomorrow, today. With the onset of the global economy, its payments infrastructure is shaping how banks, fintechs, and businesses everywhere collect, convert, and disburse funds instantly across borders.  

Its payout network supports 100 currencies and spans 220+ markets, 100 of which in real-time. Funds can be disbursed to accounts, wallets, and cards and collected locally in 35 markets. Nium's growing card issuance business is already available in 34 countries. Nium holds regulatory licenses and authorizations in more than 40 countries, enabling seamless onboarding, rapid integration, and compliance – independent of geography. The company is co-headquartered in San Francisco and Singapore. 

About the Role

As a Compliance Lead, you will be working as part of Nium’s global, dynamic compliance team and will be reporting directly to the Head of Compliance SG for Nium. The Compliance team is responsible for advising the Nium business unit on all compliance matters and ensuring the policies and procedures for Nium are accurate and always updated in real time. In addition, you will also be responsible for daily escalations for Nium clients across the globe on client onboarding, transaction monitoring, and for the detection and prevention of financial crime including, money laundering, and terrorist financing.

• Review, assess and maintain Nium’s AML/CFT policies, procedures, and controls in accordance with country specific regulatory requirements.
• Assist the Head of Compliance SG in compliance/AML related advisory for new products launches and enhancements to existing ones.
• Assist in to improve and streamline end to end compliance operational processes through automation and technology to enable scaling of the Nium business unit.
• Ensure all due diligence requests and escalations, including review of clients’ profile, risk rating, name screening, verification of documentations during the clients' lifecycle are resolved within agreed timeframes, and any issues or bottlenecks that arise are escalated in a timely manner.
• Perform periodic, trigger, and ad hoc AML reviews on clients' profile, and ensure that adverse news hits and increased risk factors have been appropriately identified and escalated in accordance with Nium’s specific procedures and requirements.
• Conduct quality assurance checks for Nium, highlighting control gaps and working with stakeholders to ensure remediation is completed timely.
• Work with internal stakeholders to understand and provide feedback on the product design and parameters, perform KYB/KYC due diligence, customer onboarding.
• Use technology and machine learning to build capabilities to scale for analysis of high risk transactions within a business portfolio.
• Conduct Modelling exercise and design new use cases as applicable.
• Participating in compliance or product-driven projects, including regulatory developments and strategic initiatives

• At least 8 years’ experience within regulated companies, in compliance role(s) with robust knowledge on compliance topics (KYB / KYC, AML/CFT, Sanctions etc.)
• Good understanding of the Payments/Fintech industry
• Knowledge and experience (preferably within Payments/Fintech)
• ACAMS/ICA certified (preferably)
• Strong analytical skills with experience in problem solving and being able to implement and deliver solutions
• A self-motivator with the ability to get things done
• Ability to identify inefficiencies, see the bigger picture, challenge the current status quo and define scalable and sustainable processes and methodology
• Able to prioritise quickly and meet deadlines under pressure
• ·Strong stakeholder management and communication skills
• Team player with strong collaborative qualities

What we offer at Nium  

We Value Performance: Through competitive salaries, performance bonuses, sales commissions, equity for specific roles and recognition programs, we ensure that all our employees are well rewarded and incentivized for their hard work. 

We Care for Our Employees: The wellness of Nium’ers is our #1 priority. We offer medical coverage along with 24/7 employee assistance program, generous vacation programs including our year-end shut down. We also provide a flexible working hybrid working environment (3 days per week in the office). 

We Upskill Ourselves: We are curious, and always want to learn more with a focus on upskilling ourselves. We provide role-specific training, internal workshops, and a learning stipend

We Constantly Innovate: Since our inception, Nium has received constant recognition and awards for how we approach both our business and talent opportunities.

-2022 Great Place To Work Certification

-2023 CB Insights Fintech 100 List of Most Promising Fintech Companies. 

- CNBC World’s Top Fintech Companies 2024.

We Celebrate Together: We recognize that work is also about creating great relationships with each other. We celebrate together with company-wide social events, team bonding activities, happy hours, team offsites, and much more!  

We Thrive with Diversity: Nium is truly a global company, with more than 33 nationalities, based in 18+ countries and more than 10 office locations. As an equal opportunity employer, we are committed to providing a safe and welcoming environment for everyone.  

For more detailed region specific benefits :  https://www.nium.com/careers#careers-perks 

For more information visit www.nium.com 

Depending on your location, certain laws may regulate the way Nium manages the data of candidates. By submitting your job application, you are agreeing and acknowledging that you have read and understand our Candidate Privacy Notice located at www.nium.com/privacy/candidate-privacy-notice.