PayU, a leading payment and Fintech company in 50+ high-growth markets throughout Asia, Central and Eastern Europe, Latin America, the Middle East and Africa, part of Prosus group, one of the largest technology investors in the world is redefining the way people buy and sell online for our 300.000+ merchants and millions of consumers.
As a leading online payment service provider, we deploy more than 400 payment methods and PCI-certified platforms to process approximately 6 million payments every single day.
The main function of the Global Compliance & Ethics officer is to safeguard PayU for non-compliance with AML/CTF, Sanctions ABAC and competition laws and (internal) regulations and protect the company from being used for unlawful activities. The Global Compliance & Ethics officer stays abreast of all applicable regulatory regimes and other industry requirements that may have an impact on PayU. This includes payments industry compliance obligations and best practices and requirements from PayU’s (banking and scheme) partners. The Global Compliance & Ethics officer will report directly to the PayU Chief Compliance Officer. The PayU Compliance department, which consists of compliance officers located in all main locations of PayU (a.o. The Netherlands (head office), India, Poland, Turkey, Colombia, Brazil, Argentina) who are tasked with mitigating PayU’s regulatory & compliance risks and raising awareness of regulatory & compliance obligations.
Managing the global compliance function directly and through local leaders
Embedding compliance with laws, regulations, business principles, rules of conduct and established good business practices in every aspect of the organization (e.g. governance, strategy, people, processes, policies, culture, communication)
Establishing and maintaining effective compliance risk management and control systems, including AML/CTF standards and requirements and Sanctions monitoring and reporting
Perform the Global Ethics officer role by rolling out the program, being main contact on ethics and dealing with global speak up cases
Perform the annual update of the global policies and align with local teams for updates on the local procedures
Making sure the regions South East Asia and India operate in compliance with global policies and procedures by maintaining a close relationship and monitoring activities
Work on closing the gaps identified in the action plans for the regions South East Asia and India (ABAC, Competition, Sanctions, CDD/KYC and AML)
Prepare for the Prosus audits
Maintaining the Global Compliance Sharepoint and Workplace site
Manage PayU risk controls tool e-Risk from a compliance perspective
Actively collaborate with stakeholders like risk operations, sales, payment partnerships, product and global compliance colleagues
Train and guide PayU colleagues on Compliance & Ethics matters.
University degree in compliance, criminology, law, finance or business
At least 5-7 years of experience in a similar role in a (global) business environment in the financial services industry
Preferably CAMS certified
Strong knowledge of global supervision laws around AML, sanctions, anti-bribery and anti-corruption such as OFAC rules, EU, FATF recommendations etc.
Risk management experience is a strong plus
Knowledge of the payment or financial services industries is a strong plus. Knowledge of card scheme rules is preferred
Project management skills are a strong plus
Interest in e-Commerce and/or online transfers or transactions
Energetic & Positive attitude
Power of persuasion – Strong stakeholder management skills (internal & external)
Ability to handle stressful situations and manage competing priorities
Analytical skills and consistent attention to details / accuracy
Reliable and flexible, willing to go the extra mile to get a job done, highly motivated
Excellent verbal and written communication skills in English.
So what do we offer?
A Competitive salary, including benefits
Modern offices with individual working spaces
Awesome teams that love finding ways of making things better, faster, stronger
Interesting growth prospects
At PayU, we are a global fintech investor and our vision is to build a world without financial borders where everyone can prosper. We give people in high-growth markets the financial services and products they need to thrive. Our expertise in 18 high-growth markets enables us to extend the reach of financial services. This drives everything we do, from investing in technology entrepreneurs, to offering credit to underserved individuals, to helping merchants buy, sell and operate online. Being part of Prosus, one of the largest technology investors in the world, gives us the presence and expertise to make a real impact. Find out more www.payu.com
Our Commitment To Building A Diverse And Inclusive Workforce
As a global and multi-cultural organization with varied ethnicities thriving across locations, we realize that our responsibility towards fulfilling the D&I commitment is huge. Therefore, we continuously strive to create a diverse, inclusive and safe environment, for all of our people, communities and customers. Our leaders are committed to create an inclusive work culture which enables transparency, flexibility and unbiased attention to each and every PayUneer so they can succeed, irrespective of gender, color or personal faith. An environment where every person feels they belong, that they are listened to, and where they are empowered to speak up. At PayU we have zero tolerance towards any form of prejudice whether a specific race, ethnicity, or of persons with disabilities or the LGBTQ communities.