Compliance Specialist (Remote)

Our Mission

At Pemo, we believe that all business owners deserve to be successful. Business owners deserve to spend their time and money doing what they do best - running their businesses. They deserve to stay in control of their finances, at any point in time, effortlessly! That's why we have built the all-in-one spend management platform that empowers MENA business owners and their teams. With Pemo, company spending becomes easy, fast and transparent. Teams can spend smarter and autonomously. Business owners can run more efficient workplaces and keep control of their finances. Pemo gives superpowers to businesses so they can be bold and fast.

At Pemo, we ...

→ nurture a friendly & safe environment

→ foster a strong sense of collaboration

→ trust each other and are positive challengers

→ encourage everyone to make courageous decisions

→ are no-ego doers

→ shoot for the moon and work backwards!

What You’ll Do

You’ll be working directly to support the development of the compliance programme and use your experience to help create an excellent compliance aware culture. It’s an opportunity to put your stamp on something and help shape how we do compliance at Pemo.

In This Role You’ll Work On

Regulatory Compliance

• Provide compliance advice to the rest of the Pemo team, business units and management.
• Construct, review and maintain compliance policies, procedures and processes to ensure that the systems and controls framework is adequate and up-to-date.
• Conduct compliance reviews, perform compliance monitoring and surveillance to ensure that policies, procedures and practices are being followed and adhered to.
• Provide regular internal management information on compliance related activities, for onward escalation, including the development of compliance governance packs.
• Manage awareness, identification and remediation of compliance breaches, and ensure these are escalated appropriately.
• Implement risk-based monitoring and assurance programs on core oversight activities - such as complaints, customer outcomes, outsourcing, product governance, financial promotions, etc.
• Assist on the development and delivery of compliance training to the organization.
• Partner with the Product Owners to drive the appropriate execution of compliance requirements and product governance.
  
  

Financial Crime Compliance

• To assist in ensuring Pemo operates in accordance with all legal and regulatory requirements and group standards relating to Anti-Money Laundering, Market Abuse, Anti Bribery, PEPs and Sanctions, Criminal Finances and Fraud.
• Assess the money laundering risks of any new products and services, or any new channels for promoting and distributing them
• Perform financial crime thematic reviews and implement control testing programmes
• Perform group-wide risk assessments and communicate outcomes to senior management committees and via the MLRO Report
• Co-ordinate with the 1st Line teams to ensure systems and controls appropriately mitigate financial crime and fraud risks
• Specifically, build a good relationship with the 1st line Financial Crime Teams, working together to manage risk and provide advisory on Pemo’s risk appetite
• Maintaining oversight of High Risk relationships, PEP management, EDD sign off, periodic and trigger review processes and breach management, escalating where appropriate
• Act with devolved authority to investigate and assess internal SARs, and manage through to the conclusion of disclosure, or documented rationale for non-disclosure.
  
  

Within 1 Month You'll

• Get up to speed with how we do things at Pemo, where we’ve been, and what the next steps are in our business and compliance strategy;
• Help assess and build Compliance control, and hit the ground running;
• Meet people!
  
  

Within 3 Months You'll

• Develop a suite of compliance processes, including registers, ticketing systems, reporting mechanisms, etc;
• Take a starring role in oversight and monitoring of control functions - including onboarding, AML processes, complaints, etc;
• Begin the development of a range of policies and procedures that impact Pemo’s activities.
  
  

Within 6 Months You'll

• Be comfortable working autonomously and in providing advice and support to the business units;
• Be a subject matter expert on how Compliance works - and be able to confidently articulate that internally and to external partners and stakeholders;
• Take over the Compliance Plan to ensure all compliance activities are completed as scheduled and to an excellent standard.
  
  

What We Love About You

• Minimum of 3 years of relevant experience working in an e-money, payment services or a corporate banking environment - ideally having operated at Senior Manager or DMLRO level already in a second line role.
• Experience and good understanding of the Payment Services Regulations, digital payment Regulations, and AML rules.
• Strong written and verbal communication skills - in particular, experience of writing policies, briefing papers and reports.
• A keen eye for detail and the ability to confidently challenge the business units, and advise on solutions to problems.
• The ability to build strong relationships, make impactful contributions and influence business strategy.
• You’ll need to be a generalist for this role - it’d be great to see if you have experience or certification in one of each: AML, CAMS, Regulatory Compliance, Conduct, Financial Crime and Data Protection.
• Strong track record of implementation and execution of regulatory and compliance programs.
• Strong understanding of AML rules, Money Laundering Regulations and how to implement the risk based approach.
• Experience of delivering compliance advice and training to internal stakeholders.
• A pragmatic way of thinking, coupled with legal, compliance or financial qualifications.