Manager - KYC & Onboarding

Gurugram, India
Payment – Payments India - Operations /
Full-time /
On-site
About PayU 
PayU, a leading payment and Fintech company in 50+ high-growth markets throughout Asia, Central and Eastern Europe, Latin America, the Middle East and Africa, part of Prosus group, one of the largest technology investors in the world is redefining the way people buy and sell online for our 300.000+ merchants and millions of consumers. 

As a leading online payment service provider, we deploy more than 400 payment methods and PCI-certified platforms to process approximately 6 million payments every single day. 

Thinking of becoming a PayUneer and you are curious to know more about us? Read more about the life in PayU here 

About the Role:
Manager – KYC and onboarding of Merchants and is associated in implementing the policies and processes ensuring compliance with the AML guidelines.


About the team:

    • The department responsibilities include onboarding of Merchants as per the regulatory guidelines and against the internal negative lists maintained.

What you’ll be doing:

    • Responsible for verification of data submitted by the Customer
    • Perform due diligence of new and existing clients covering a wide range of different client types including; Listed and Regulated, small/medium/ large private and public companies as well as partnership or proprietorship companies
    • Verifying KYC documentation of the Customers to be onboarded as per the policies
    • Perform the risk assessment of the Customers to be onboarded as per the policies
    • Manage New Client Adoption or Periodic Review stream, to ensure that all requests are approved in accordance with regulatory requirements and internal policies
    • Manage exception ensuring that all SLA s defined with the Business on timeliness and quality are adhered
    • Manage teams of verifiers.
    • Suggest process automations and prepare metrics for the leadership team.
    • Interaction with the stakeholders for smooth functioning of the unit.

What are we looking for?

    • 10 to 12 years of relevant work experience (AML/KYC/compliance related) within corporate financial services industry, Banks / KPOs etc
    • Understanding of Control, Compliance, Investigation/chasing functions
    • Familiarity with RBI AML/KYC regulations and industry guidelines
    • Ability to interpret regulatory guidelines and assessing risk scores and entity types
    • Ability to interpreting alerts
    • Large Corporate handling experience
    • Banking Experience.
    • Ability to identifying trends and inconsistencies
    • Understanding of end to end KYC process
About us
At PayU, we are a global fintech investor and our vision is to build a world without financial borders where everyone can prosper. We give people in high-growth markets the financial services and products they need to thrive. Our expertise in 18 high-growth markets enables us to extend the reach of financial services. This drives everything we do, from investing in technology entrepreneurs, to offering credit to underserved individuals, to helping merchants buy, sell and operate online. Being part of Prosus, one of the largest technology investors in the world, gives us the presence and expertise to make a real impact. Find out more www.payu.com 

Our Commitment To Building A Diverse And Inclusive Workforce 
As a global and multi-cultural organization with varied ethnicities thriving across locations, we realize that our responsibility towards fulfilling the D&I commitment is huge. Therefore, we continuously strive to create a diverse, inclusive and safe environment, for all of our people, communities and customers. Our leaders are committed to create an inclusive work culture which enables transparency, flexibility and unbiased attention to each and every PayUneer so they can succeed, irrespective of gender, color or personal faith. An environment where every person feels they belong, that they are listened to, and where they are empowered to speak up. At PayU we have zero tolerance towards any form of prejudice whether a specific race, ethnicity, or of persons with disabilities or the LGBTQ communities.