AML and Risk Specialist (d/f/m)


Paymenttools is on a mission to transform the payment landscape for retailers in Europe. With more than 4,4 billion visitors per year in our more than 15,000 REWE Group stores and travel agencies in 21 countries we know exactly what consumers and merchants need when exchanging goods for money. We strongly believe in making payments seamless and invisible, linking them with value added services within the framework of a reliable identity service. Our mantra: #wesolvepayn. We blend cutting-edge technology with stringent security to protect sensitive payment data while nurturing innovation in a cloud-native tech environment.

Enabling our daily operations is our e-money institution, Pay.cetera. Pay.cetera is an integral part of Paymenttools and our success.

We are looking for someone to be in the thick of things! In this role, you will take part in all things risk, sanctions, and anti-money laundering (AML) related. Developing processes, procedures, and adhering to all guidelines and reporting requirements is top of mind for this role. Joining the team in Venlo, Netherlands, you will be the point of contact for and subject matter expert for Pay.cetera and Paymenttools.

Your Tasks:

Regarding Risk

  • Establish, operate and further develop an appropriate risk controlling system and a risk management process for pay.cetera as an e-money institution
  • Report directly and immediately on risk-relevant issues to the management and support and advise them in the context of risk management
  • Support the evaluation and implementation of new business initiatives in relation to risk management
  • Document risks and initiate suitable measures, monitor risk management and update the risk map
  • Carry out the annual analysis of the business and risk strategy and assess the risk-bearing capacity
  • Data protection

Regarding Sanctions and AML

  • Developing and updating internal policies and procedures to prevent money laundering and terrorist financing, in particular prepare organizational instructions and appropriate business and customer-related security systems
  • Creation of clear reporting channels
  • Implementation of ongoing monitoring with regard to compliance with the above-mentioned regulations
  • Processing of suspected cases
  • Contact for DNB, law enforcement authorities and the FIU
  • Monitoring of matters relevant to sanctions

Your Experience:

  • Experience in the area of anti-money laundering policies, procedures, and regulations
  • Experience in risk policy creation and monitoring
  • An eye for detail and superb analytical thinking
  • Previous experience reporting to management and stakeholders
  • Proficiency in both German and English, verbally and in writing.

Benefits and Perks:

  • 30 days Vacation
  • Tax services for German tax payers
  • Mobility budget for transportation
  • Company Pension Plan
  • Insurance Services
  • Hybrid and flexible working environment*

This position requires employees to be onsite in Venlo at least 50% in the calendar year.