Head of AML/CTF

Paysafe Limited (“Paysafe”) (NYSE: PSFE) (PSFE.WS) is a leading payments platform with an extensive track record of serving merchants and consumers in the global entertainment sectors. Its core purpose is to enable businesses and consumers to connect and transact seamlessly through industry-leading capabilities in payment processing, digital wallet, and online cash solutions. With over 20 years of online payment experience, an annualized transactional volume of $140 billion in 2023, and approximately 3,200 employees located in 12+ countries, Paysafe connects businesses and consumers across 260 payment types in over 40 currencies around the world. Delivered through an integrated platform, Paysafe solutions are geared toward mobile-initiated transactions, real-time analytics and the convergence between brick-and-mortar and online payments. Further information is available at www.paysafe.com.

It starts here. Have a global impact on the world of payments.

Reporting to the boards of Paysafe Payment Solutions Limited and Paysafe Prepaid Services Limited, the Head of AML/ CTF (PCF- 52) is responsible for:

• Ensuring that suspicious transactions, indicating money laundering or terrorist financing activities are reported to An Garda Siochana, the Revenue Commissioners and Financial Crime institutions in other EEA jurisdictions in a timely and accurate fashion.
• Leading interactions with external agencies.
• Key point of contact and accountable officer to CBI, An Gardai, Financial intelligence Units and Irish Ombudsman (FSPO).

What Paysafe stands for:

• Being open and honest.
• Keeping focused.
• Operating with Courage.
• Pioneering the future.

Our values and culture are driven by Equality, Development, Social Responsibility and Wellbeing. If you want to find out more about life at Paysafe, check out our careers page here. 

How we work:

We have exciting new offices currently under construction which we are aiming to be ready for use in the new year. In the meantime, all employees are using our temporary SOBO works office space in the heart of Dublin. Our preference is for the job holder to follow our hybrid model of 1 day per week at this office.

Following the opening of the permanent space, this model will change to 3 days a week on average per week.

The impact you will have:

• Lead and oversee the review and revision of the AML/CFT Business Risk Assessments, in accordance with any methodology agreed and approved by the Boards.
• Ensuring that policies, procedures, and controls in place to prevent the facilitation of money laundering and terrorist financing are consistent with the legal and regulatory requirements as set out in Ireland, the wider European Union, and any other relevant international jurisdictions.
• Reviewing and revising the AML and CFT policies that are in place, based on the most current assessment of ML/TF risk and its proper management.
• Application of measures to ensure that policies, controls, and procedures are considered in all relevant functions including the development of new products, dealing with new customers and in changes to business activities.
• Overseeing the logging, investigation, management and filing of suspicious transaction activity reports to the relevant authorities. 
• Maintenance of a record of policies, controls and procedures, risk assessment and risk management including the application of systems, controls and procedures, with ultimate responsibility appropriately assigned to the Boards.
• Reporting to the Boards and keeping them informed of relevant ML/TF risks which exist within the business, and providing information on remediation of any breaches, weaknesses or failures discovered.
• Educate and train all employees (including oversight of training of employees within Paysafe Group) regarding money laundering risks and prevention and facilitate enough resources and funds for such training, with key focus on employees in roles relating to due diligence or high-risk customers.
• Responding to law enforcement requests.
• Development and delivery of an ongoing education and training programme for appropriate employees covering their responsibilities under the AML/CTF Programme, and
• Undertaking regular assessments of the money laundering risk and success in mitigating those risks, the results of which will be reported to the Boards.

What we’re looking for:

• Proven track record as Head of AML/CTF- MLRO for a minimum of 10 years; preferably with experience in regulated entities in E-Money Institutions sector
• Experience in fintech / digital payments is necessary
• Previous PCF- 52 approval by CBI in past roles

A snippet of what you’ll get in return:

• Enjoy free breakfast available for you to better your mornings
• You decide what your holiday looks like with the option to buy or sell your holiday and carry over up to 5 days into the next year.
• Don’t want to use up all your holiday days? Take advantage of the opportunity to work abroad up to 2 weeks in the year from any location (subject to HR approval)
• Spend time with those important to you with our enhanced paid family policies.
• Test our products Skrill, Neteller and Paysafe Card. Upon joining we will award you £50 into each wallet.
• Let’s not forget, we also offer: Private health insurance (pre-existing conditions are included, Fertility cover & Travel cover), income protection, life assurance and more.
• Join our six employee-led equality communities and help foster a workplace that celebrates diversity and create opportunities to collaborate and learn.
• Kickstart your weekend early with our summer hours during the months of June, July and August with a 3pm finish every Friday

What to expect next:  

1. Phone screen with Recruitment.
2. Video interview with the Hiring Manager.
3. In-person interview
4. Final HR interview with Recruitment.

Equal Employment Opportunity

Paysafe is an equal opportunity employer. We value diversity and are committed to providing a work environment of mutual respect to everyone without regard to race, color, religion, national origin, age, gender identity or expression, or any other characteristic protected by applicable laws, regulations and ordinances.