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 conducting investigations as necessary. You will perform accurate risk assessments to maintain the integrity of our organization's financial systems and prevent potential fraud, money laundering, and terrorist financing activities.

This role requires strong risk assessment skills, compliance knowledge, investigative abilities, effective communication, collaboration skills, and proficiency in technology and data analysis. Your commitment to maintaining a secure and compliant payments environment will contribute to Klarna's mission of providing smarter and more flexible shopping experiences.

Responsibilities

• Customer Due Diligence (CDD): Conduct thorough and accurate 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.
• Risk Assessment: Evaluate the level of risk associated with customers based on the information gathered during the CDD process. Utilize risk assessment frameworks and tools to categorize customers and identify high-risk entities.
• Documentation and Reporting: Prepare accurate and comprehensive reports detailing findings from customer due diligence and risk assessments. Maintain detailed records and documentation to support the decision-making process and regulatory requirements.
• Collaboration and Communication: 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 junior colleagues.
• Continuous Improvement: Identify areas for process improvement within internal processes 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.

Benefits

• Equity rewards.
• Monthly stipends for health and wellness.
• Life insurance, medical, dental, and vision coverage for you and your dependents.

Pay

The salary range for this position varies by candidate location, qualifications, experience, and education. Base pay is part of a total compensation package, which may also include the benefits listed above.