About us
Paymonade delivers cutting-edge payment technology solutions worldwide, spanning 108 countries and territories. Supporting 38 fiat currencies, hundreds of payment methods, and a wide range of cryptocurrencies, our bespoke B2B technology equips you with intuitive tools for global internet payments. We offer effective crypto onramps and aiming to ensure a good user experience crucial for business scalability and profit maximization. https://www.paymonade.tech/en/about
Job Responsibilities and requirements
1) Onboarding and customer due diligence
- Review customer onboarding files (KYC/KYB), including:
- identity verification results
- PEP/sanctions/adverse media screening outcomes
- customer risk classification
- source of funds and source of wealth indicators where applicable
- company extracts and registration documents
- ownership and control structures
- AML questionnaires
- source of funds / source of wealth documentation
- Ensure correct application of risk-based approach, including EDD triggers (e.g. high-risk jurisdictions, PEPs, unusual profiles)
- Perform CDD and EDD assessments on shareholders, directors, and UBOs.
- Assess complex ownership structures, identifying hidden control or risk indicators.
- Ensure onboarding files meet DDA/DDO and FMA expectations in substance
2) Transaction monitoring
- Review and validate transaction monitoring alerts generated.
- Assess whether flagged transactions indicate:
- unusual patterns
- structuring behavior
- rapid in/out flows
- inconsistencies with customer profile
- Conduct investigations in depth and quality of analysis
- Challenge and refine monitoring scenarios, thresholds, and rules to improve effectiveness
- Ensure consistent handling of alerts across both retail and corporate client
3) Suspicious activity handling
- Draft, review, and escalate (internal)Suspicious Activity Reports in line with legal requirements
- Ensure clear documentation of:
- rationale for suspicion
- investigative steps taken
- decision-making process
- Maintain complete audit trails for all escalated cases.
4) Quality assurance/control resting
- Perform independent QA reviews of:
- KYB and KYC onboarding files
- transaction monitoring investigations
- escalation decisions
- Identify:
- recurring errors
- inconsistent decision-making
- gaps in documentation or rationale
- Provide structured feedback to Operations and track remediation
5) Auditability
- Ensure all onboarding and monitoring records are complete, traceable, and audit-ready
- Support preparation of regulatory reports, internal reviews, and FMA audits
- Maintain documentation aligned with DDA, DDO, MiCAR expectations, and internal policies
6) Close collaboration with 1LoD
- Liaise with 1LoD to ensure:
- onboarding standards are understood and correctly applied
- alerts are handled consistently
- escalation thresholds are clear
- Provide guidance and clarification
- Balance compliance quality with operational practicality, while maintaining independence
- Ensure changes are clearly communicated and properly implemented by 1LoD