Client Onboarding & Risk Analyst

Job Title: Client Onboarding & Risk Analyst

Location: Lithuania

Term: Permanent

Reports to: Client Onboarding & Risk Analyst Team Lead

About us

B4B Payments is a multi-award-winning, global financial services technology company offering an advanced transaction payments platform and APIs for emerging payments and financial services. Our flexible technology and comprehensive services include embedded finances, payment accounts, FX, rapid payouts, physical and virtual card issuing, and BIN sponsorship.

With over 18 years of expertise in payments, B4B Payments is headquartered in the UK. In Europe, B4B Payments is regulated as an e-money institution (EMI) authorised by the Financial Conduct Authority (FCA) and the Bank of Lithuania and is a Mastercard® Principal Member.

B4B Payments’ US division (B4B Payments USA, Inc. ) is based in Boston, MA, and specialises in enabling companies to reduce costs and increase efficiency in managing corporate expenditure and global payouts.

B4B Payments Europe and US divisions offer full and partial program management and support, in addition to comprehensive technical, regulatory, and service support to fintechs looking to launch or grow domestically and internationally.

B4B Payments is a Banking Circle Group company. A next-generation financial technology platform for global commerce, Banking Circle Group comprises a rich set of complementary e-commerce solutions. From international cross-border payments, accounts and liquidity management, and embedded finance to business payments & card issuing, B2B Buy Now Pay

Later, and account-to-account payment methods, the ecosystem is delivering modern financial solutions to some of the largest and most successful companies around the world, as they accelerate the digitalisation of their customer and supply-chain.

About the role

The primary responsibility of the Client Onboarding & Risk Analyst entails overseeing the onboarding and continuous review (ODD) procedures for business clients. This includes thoroughly examining KYB documentation provided by clients or sourced from official channels to guarantee adherence to regulatory requirements.

The successful candidate will assist the Team Leader in identifying risks and suggesting improvements to the existing processes.

Key responsibilities & accountabilities:

• Be responsible for performing KYC/CDD/EDD on new customers and during periodic account reviews for Legal Entities to ensure compliance with regulatory requirements and B4B Payments AML / KYC policies;
• Assist in review of Client Risk Scoring, Client Identification and KYC documentation oversight requirements;
• Evaluate AML risks based on customer data;
• Monitor for missing, inadequate or incorrect customer data;
• Manage end-to-end customer onboarding process;
• Keep up to date with changes in AML regulation, KYC processes and developments in the industry;
• Submit proposals to the Compliance team lead and/or the MLRO pertaining to the enhancement of the company's activities and direct functions.
• Contribute to the preparation of monthly reports and trend analysis as required
• Develop an understanding of the other regulatory aspects of the business including payment services, e-money, data protection and Payment Services Directive;
• Carry out additional ad-hoc tasks or projects as may be required by the Compliance team lead or the MLRO or from time to time.
• Collaborate closely with internal departments and external parties to investigate and address AML issues, while also exchanging best practices.

Skills & knowledge required:

• Experience of AML/CTF/Sanctions area within the regulated financial sector with 2-3 years of relevant experience.
• Proficiency in direct interaction with business clients is advantageous.
• Good knowledge of AML best practices and desire to grow.
• Strong analytical and problem-solving qualities and attention to detail.
• Fluent English both in speaking and writing.
• Strong business ethic and able to work to deadlines.
• Be able to work under minimal supervision.
• Strong time management and ownership of assigned tasks.

Package

The role offers:

• Monthly salary of EUR 1200 - 1500 net (the final offer will depend on your competencies, experiences and qualifications).
• Annual wellness day off
• Supplementary health insurance.
• Career opportunities.
• Location - great office location in Vilnius City center, Lithuania.
• Hybrid work model.
• Free delicious coffee, tea, and monthly breakfast in the office with the team.

Make a difference:

We’re always on the lookout for talented individuals to help take us further – It’s important to us to hire the right people and work out a role that works.

Equality: We strive to create a workplace that reflects the diverse communities we serve and where everyone feels empowered to bring their full, authentic selves to work.

Teamwork: The strength of our team does not only lie in our combined experience and expertise but our ability to trust each other, no matter what. We understand that our best work is not produced by individuals but by enjoying collaboration as a team and supporting each other every day.

Quality: We provide award-winning solutions and unsurpassed service that, together, deliver premium value to our customers.

Innovation: Redefining the standard of excellence is in everything we do. Therefore, we are open to ideas that challenge the conventional views and drive innovation. The only constant in life is change and we believe that in order to stay relevant we must continuously improve and evolve with the changing needs of society.

Trust: We strive to act in a manner that builds trust with our team, clients, business partners, and other stakeholders. We firmly believe that actions speak louder than words and transparency is key.

NOTE:

We kindly request that you contact us by submitting your CV, indicating your current location, and confirming your eligibility to work in Lithuania. We assure you that our team will promptly respond to your inquiry.

Please note that we are not considering inquiries or applications from Agencies. Additionally, we regret to inform you that we are unable to provide visa sponsorships at this time