AML/ KYC Specialist

About the Role

As a KYC (Know Your Customer) Specialist, you will ensure compliance with regulatory requirements by conducting due diligence and risk reviews on new and existing customers, and carrying out investigations as necessary. You will perform accurate risk assessments to help maintain the integrity of the organization’s financial systems and prevent potential fraud, money laundering, and terrorist financing activities.

In this role, you will work with high-risk and significant high-risk partners and must bring strong risk assessment skills, compliance knowledge, investigative capabilities, effective communication and collaboration skills, and proficiency in technology and data analysis. Your commitment will support Klarna’s mission of providing smarter and more flexible shopping experiences.

Key Responsibilities

Customer Due Diligence (CDD)

• Conduct thorough and accurate CDD on new and existing partners in line with established policies and procedures.
• Gather and verify customer identification documents.
• Evaluate source of funds and assess customer risk levels.

Risk Assessment

• Assess the level of risk associated with customers based on information gathered during the CDD process.
• Use risk assessment frameworks and tools to categorize customers and identify high-risk entities.

Documentation and Reporting

• Prepare accurate and comprehensive reports covering findings from customer due diligence and risk assessments.
• Maintain detailed records and documentation to support decision-making and regulatory requirements.

Collaboration and Communication

• Collaborate with internal stakeholders to address compliance-related issues, share knowledge, and implement process improvements.
• Communicate effectively with relevant parties regarding the outcomes of investigations or escalated cases.
• Prepare and conduct training for more junior colleagues.

Continuous Improvement

• Identify opportunities to improve internal processes and contribute to enhancing existing policies, procedures, and systems.
• Propose solutions to improve the effectiveness and efficiency of the KYC process.

Qualifications and Skills

• 1+ years of prior experience in KYC, EDD, AML, or compliance roles within the financial services industry.
• Strong knowledge of industry best AML practices.
• Experience and knowledge of OSINT techniques.
• Excellent analytical and investigative skills, with the ability to identify and assess potential risks.
• Strong attention to detail and ability to work accurately within tight deadlines.
• Strong English written and verbal communication skills, with the ability to present complex information clearly and concisely.