AML/ KYC Specialist

About the role

As a KYC (Know Your Customer) Specialist, you will ensure compliance with regulatory requirements by conducting due diligence and risk reviews on new and existing customers, and performing investigations as necessary. You will play a crucial role in accurate risk assessment to maintain the integrity of our organization's financial systems and prevent potential fraud, money laundering, and terrorist financing activities.

Your strong risk assessment skills, compliance knowledge, investigative abilities, effective communication, and collaboration skills, along with proficiency in technology and data analysis, will contribute to Klarna's mission of providing smarter and more flexible shopping experiences.

Responsibilities

• Conduct thorough and accurate Customer Due Diligence (CDD) on new and existing partners, following established policies and procedures.
• Gather and verify customer identification documents, evaluate source of funds, and assess customer risk levels.
• Evaluate the level of risk associated with customers using risk assessment frameworks and tools to categorize customers and identify high-risk entities.
• Prepare accurate and comprehensive reports detailing findings from customer due diligence and risk assessments.
• Maintain detailed records and documentation to support decision-making and regulatory requirements.
• Collaborate with internal stakeholders to address compliance-related issues, share knowledge, and implement process improvements.
• Communicate effectively with relevant parties regarding the outcomes of investigations or escalated cases.
• Prepare and conduct training for more junior colleagues.
• Identify areas for process improvement and contribute to enhancing existing policies, procedures, and systems.
• Propose innovative solutions to enhance the effectiveness and efficiency of the KYC process.

Requirements

• Prior experience in KYC, EDD, AML, or Compliance roles within the financial services industry (1+ years).
• Good knowledge of industry best AML practices.
• Experience and knowledge of OSINT techniques.
• Excellent analytical and investigative skills, with the ability to identify and assess potential risks.
• Attention to detail and ability to work accurately within tight deadlines.
• Strong English written and verbal communication skills, with the ability to present complex information clearly and concisely.

Pay

The salary range for this position varies by location, qualifications, experience, and education. Base pay is part of a total compensation package, which may also include equity rewards, monthly stipends for health and wellness, and benefits such as life insurance, medical, dental, and vision coverage for you and your dependents.