Associate - Due Diligence

Role Overview:

As a Senior Associate, you will lead client and partner onboarding, ensuring full compliance with TerraPay’s global AML policies and risk appetite. You will conduct detailed risk assessments, produce reports for senior management, and collaborate with business teams to support strategic growth. Additionally, you will develop onboarding procedures for new verticals and stay updated on regulatory changes.

How you will create impact:

• Directly onboarding TerraPay clients and partners, carrying out full screening and risk assessments, ensuring that TerraPay’s due diligence requirements are met in full.
• Working directly with the business development managers / relationship managers to ensure new clients and partners are within TerraPay’s risk appetite and comply with TerraPay’s global AML policies.
• Performing enhanced deep dive client/partner risk assessments and producing comprehensive reports for the respective MLROs and senior management to assist with high-risk customer decisioning.
• Working on creating procedure guides and manuals for the onboarding of clients from new business verticals. 
• Staying up to date with regulatory developments affecting the business and maintaining a working knowledge of relevant anti-money laundering regulations. 

Essential qualifications:

• Excellent communication skills, both verbal and written, with the ability to interact confidently and professionally with customers and internal stakeholders.
• 1-3 years of professional experience in Compliance, Audit, or Forensic Investigations, preferably in the fintech or payment industry.
• Ability to work independently and collaboratively in a fast-paced environment, prioritizing tasks effectively and meeting deadlines consistently.

Interview rounds & assessments:

Table for Two:
A brief chat with one of our Recruiters to assess your foundational competencies and provide an overview of TerraPay.

Beyond the Bio:
A discussion with an SME or the RM to evaluate your role-specific knowledge, problem-solving abilities, and gain a deeper understanding of the company and team dynamics.

Manager Meetup:
A comprehensive discussion about the role and responsibilities, expectations, and mapping out potential career growth.

Why TerraPay:

TerraPay is a global money movement player on a mission to build a borderless financial world. We believe payments should be instant, reliable, transparent, seamless, and fully compliant.

Registered and regulated across 31 global markets, we are a leading payments partner for banks, mobile wallets, money transfer operators, merchants, and financial institutions.

We are proud to be a twice-certified Great Place to Work and were featured in the 2023 CB Insights Fintech 100 and the 2024 Financial Times 1000 lists.

Read more about TerraPay here.