Senior Manager, Regulatory Compliance & MLRO at Nium

Sydney, New South Wales, Australia

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Not SpecifiedCompensation

Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level

Full TimeJob Type

UnknownVisa

Fintech, Payments, Financial ServicesIndustries

Requirements

10+ years’ experience in compliance, AML/CTF, or financial crime roles within regulated financial institutions, fintechs, or payments companies

Responsibilities

Design, implement, and maintain a fit-for-purpose Compliance and AML/CTF Framework for the ANZ region in accordance with AUSTRAC, RBNZ, and FMA requirements
Maintain and update Nium’s Key Regulatory Obligations (KRO) Register, Compliance Policies, AML/CTF Programs, and associated risk assessments
Provide regulatory and AML/CFT advisory for new products, partnerships, and business models within the payments and cross-border space
Serve as the primary regulatory contact for AUSTRAC, RBNZ, and other relevant authorities, including managing reporting, audits, and on-site reviews
Act as the Money Laundering Reporting Officer (MLRO) for ANZ, responsible for managing all Suspicious Matter Reports (SMRs) and ensuring timely reporting to AUSTRAC and relevant regulators
Oversee Customer Due Diligence (CDD/KYC/KYB) processes, including risk assessments, name screening, enhanced due diligence, and lifecycle reviews
Oversee transaction monitoring and alert investigations, ensuring appropriate escalation and documentation of findings
Conduct periodic and event-driven reviews of high-risk clients and ensure accurate risk ratings are maintained
Drive automation and data-driven compliance capabilities, leveraging technology and machine learning to enhance monitoring, reporting, and risk detection
Identify and implement process improvements that increase scalability and efficiency while maintaining regulatory robustness
Lead the development and execution of Compliance Training Programs across the ANZ business to foster a culture of compliance
Provide regular compliance and AML/CFT reporting to senior management and global compliance committees
Build, lead, and develop a high-performing ANZ compliance team, fostering collaboration and alignment with global compliance standards
Support regulatory engagement strategy across ANZ, representing Nium in interactions with regulators and industry associations

Skills

Regulatory Compliance

AML/CTF

MLRO

AUSTRAC

RBNZ

FMA

Financial Crime Prevention

Compliance Framework

Regulatory Oversight

Risk Management

Nium

Global platform for real-time payments

About Nium

Nium provides real-time payment solutions that enable businesses to send and receive funds instantly, manage foreign exchange transactions, and prevent fraud. Its platform, powered by a proprietary API, allows banks, fintech companies, and money service businesses to integrate services for efficient cross-border money movement. Nium stands out by offering competitive foreign exchange rates and solutions for corporate purchasing and travel payments. The company's goal is to streamline financial transactions for businesses globally while charging fees for its services.

San Francisco, CaliforniaHeadquarters

2016Year Founded

$305.4MTotal Funding

SERIES_ECompany Stage

Fintech, Financial ServicesIndustries

1,001-5,000Employees

Benefits

Health Insurance

Hybrid Work Options

Paid Vacation

Performance Bonus

Stock Options

Professional Development Budget

Mental Health Support

Risks

Increased competition from Loop and EQ Bank's multi-currency Global Visa Card.

Regulatory challenges in diverse African markets could impact partnership with Ecobank.

Technological integration issues may arise with Partior's blockchain-based payment system.

Differentiation

Nium offers real-time cross-border payments, enhancing speed and efficiency for businesses.

The company provides a proprietary API for seamless integration into existing business systems.

Nium's platform supports multiple payment schemes, including Visa, Mastercard, and Diners Club.

Upsides

Partnership with Ecobank expands Nium's reach to 35 African markets, boosting market presence.

Collaboration with Partior enhances transaction transparency and speed via blockchain technology.

Launch of Diners Club International Card increases flexibility for travel industry customers.

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