Binary.com is seeking a talented and detail-oriented Compliance and Payments Analyst. You will monitor, analyse, and conduct various checks on client accounts and deposits to mitigate potential risks from fraud and money laundering.
Binary.com is the award-winning leader in online binary options trading. Our platform allows customers to trade currencies, stocks, and commodities.
Founded in 1999, we are one of the oldest and most respected names in our industry. Today, we have over one million registered accounts around the world, and trade over USD 1 billion in options transactions per year.
Our business is growing strong. Over the last five years, we have grown more than 20-fold. We expect to grow even further in the coming years.
Binary.com is one of the IT world’s most vibrant and progressive workplaces. We blend the entrepreneurial spirit of a startup, with the profitability and stability of a long-running business.
Our company is built on a culture that fosters teamwork, individuality, and creativity.
We care deeply about cultural and gender diversity. We go to great lengths to foster a supportive, caring environment within a flat organisational structure.
We value staff with a sense of fun and adventure, who are optimistic, and customer focused. Above all, you must agree with our strong emphasis on business integrity.
Your skills and motivations
You should be passionate about what Binary.com stands for, and what we do.
You must be able to multitask and have a problem-solving mindset. We work with complex regulations and processes every day. You should have a curious mind, be able to think on your feet, and have the talent to seamlessly digest new information.
You are smart, driven, and proactive. You thrive in a dynamic and collaborative work environment, and approach even the smallest task with an open mind. You are very particular about details, and you possess keen analytical skills.
Most importantly, you value the importance of constant, open, and honest communication.
We are looking for someone who loves to:
Plan, create, and optimise processes for greater organisational efficiency
Analyse complex procedures and regulations, and identify areas for improvement
Interact and communicate with people, both internal and external stakeholders alike
Do great work, and inspires people around them to do the same
Get things done in a no-nonsense manner
Work without bureaucracy and hierarchy
Learn and improve, day in and day out
To excel in this role, it’s ideal for you to have:
Tertiary education in banking, finance, or criminology
Good understanding of the link between payments functionality, as well as money laundering and fraud prevention
Aptitude for working in an international environment
Ability to acquire knowledge of varied AML matters in a multitude of international jurisdictions
Proactive approach in problem-solving and solution delivery
Proficiency in Microsoft Excel is desirable
Experience in conducting AML monitoring for clients and transactions
Knowledge of payment transaction analysis, in particular payment performances such as card success rates and chargebacks
Experience in approving payments and withdrawal rules
Prior experience in an AML banking or similar role will be an asset
You are responsible for mitigating the risks and abuse that we face from fraud and money laundering. To accomplish this, you must monitor, analyse, and conduct various anti-fraud and AML checks on client accounts and deposits. You will join us in Malta and report to our Head of Payments.
Analyse client data and performance as part of fraud, risk, and money laundering transaction reviews
Conduct various anti-fraud and AML checks on accounts and deposits
Monitor fraud and money laundering patterns in deposit and withdrawal behaviour
Work closely with the Head of Payments to proactively suggest improvements to cashier setup, including customer activity from an AML and anti-fraud perspective and overall fraud and payment performances (card success rates, chargebacks, etc.)
Work closely with a Money Laundering Reporting Officer (MLRO) to determine money laundering risk mitigation, and report AML and Counter-Terrorism Financing (CTF) findings or suspicions
Work closely with customer support, compliance, and payment teams
Support the payments team in certain daily analysis where needed
Approve e-wallet payouts and withdrawal rules
Remuneration and benefits
This position includes a market-based salary, annual performance bonus, and health benefits. You will also receive travel and Internet allowances.
You will enjoy a casual dress code and flexi hours. You also have the freedom to select your preferred tools and systems.
This role is based at our headquarters in Malta. The Maltese archipelago is a favoured tourist destination with a warm mediterranean climate, beautiful beaches, historical towns, and world heritage sites. With easy access to Europe, North Africa, and the rest of the mediterranean, you will be spoilt for choice when it comes to your next holiday destination.