PayGlocal Technologies - Senior Analyst - Risk & Compliance

About the job:

About PayGlocal:

PayGlocal is a Peak XV (erstwhile Sequoia Capital), Tiger Global and BeeNext funded cross-border payments platform from India with a vision to foster global commerce.

Founded by 3 industry veterans, all of whom come with 20+ years of experience in the payments industry.

Noteworthy Highlights :

- Received RBI In-principle Payment Aggregator license.

- Awarded as the ''Emerging Cross-Border Payment Platform" at the FinTech Festival India Conference .

- Recognized as one of the top 20 Fintech payment solution startups of 2024 by Indian Startup Times.

- Partnering with 500+ merchants & leading banks in India, helping them access a cross-border payments solution that is cost-effective while also managing risks and fraud effectively.

Position Summary:

- As a Risk Analyst at PayGlocal, you will play a crucial role in evaluating and onboarding merchants onto our platform in compliance with Reserve Bank of India guidelines.

- Your responsibilities will include conducting risk assessments, reviewing KYC documentation, and ensuring seamless onboarding processes.

- This position offers a chance to develop expertise in underwriting across various business lines and advance your career in the payment industry.

- This role offers a unique opportunity to deepen your expertise in underwriting and contribute to the growth and compliance of PayGlocal.

Join us in shaping the future of digital payments with your analytical skills and industry knowledge.

What will you work on?

- Conduct Merchant Risk Assessments: Evaluate the risk associated with different Lines of Business (LOB) during the pre-onboarding phase.

- KYC Review: Validate KYC documents received from merchants and manage other onboarding activities.

- Coordinate Internally: Collaborate effectively with internal teams to ensure smooth onboarding processes.

- Maintain MCC Updates: Ensure Merchant Category Code (MCC) updates are accurate and current.

- AML Screening: Apply knowledge and experience in Anti-Money Laundering (AML) screening processes.

- Decision-Making: Identify and address grey areas in the underwriting process to make informed and efficient decisions.

- KYC Domain Expertise: Leverage knowledge and experience in KYC practices to advantage.

Qualifications & Experience:

- Experience Minimum 3 years in underwriting roles, preferably within the payment industry.

- Education: Graduate/PG degree in any discipline.

- Industry Knowledge: Proven understanding of various Lines of Business (LOB) and Merchant Category Codes (MCCs).

- Technical Skills: Proficiency in Excel and creating PowerPoint presentations is advantageous.

- Communication Skills: Excellent verbal and written communication skills, along with strong interpersonal abilities.

- Adaptability: Ability to thrive in a dynamic startup environment where priorities may change rapidly

Pune