Onboarding Specialist at MADFIN

Riga, , Latvia -

Full Time

Start Date

Immediate

Expiry Date

23 Aug, 26

Salary

0.0

Posted On

25 May, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Merchant Onboarding, KYC/KYB Risk Assessment, AML Compliance, Due Diligence, Visa and Mastercard Regulations, Financial Crime Detection, PCI DSS, Regulatory Reporting, Risk Management, Underwriting, Payment Security Standards, English Fluency

Industry

Financial Services

Description

We are a London-based fintech company with a mindful approach to financial services. Operating under an FCA-approved Electronic Money Institution (EMI) license, MADFIN delivers card acquiring solutions tailored for fast-moving, high-growth businesses. As we continue to grow, we are looking for a detail-oriented and proactive Onboarding Specialist to support merchant onboarding processes and help ensure a smooth, compliant, and efficient client experience from day one. Lead end-to-end merchant onboarding processes in line with acquiring, Visa, and Mastercard scheme compliance requirements. Conduct KYC/ KYB risk assessments for new merchants and partners, including enhanced due diligence for high-risk industries and complex cases. Review, collect, and verify KYC/ KYB, underwriting, and onboarding documentation to ensure completeness, accuracy, and regulatory compliance. Analyze merchant backgrounds, business models, and transaction patterns to identify potential financial crime and compliance risks. Monitor merchant activity on an ongoing basis to detect unusual or suspicious behavior. Collaborate closely with sales, compliance, risk, and operations teams to ensure smooth and efficient onboarding workflows. Ensure full alignment with internal AML/KYC policies and applicable regulatory standards. Provide guidance and support to internal teams on AML, KYC, and onboarding-related matters. Maintain accurate and detailed onboarding records and prepare reports for internal management and external stakeholders. Understanding of VISA and Mastercard regulations, AML/CTF legislation, and the UK regulatory framework. Experience in onboarding, compliance, or risk management within the fintech or ecommerce sector. Solid understanding of regulatory requirements, compliance frameworks, and industry best practices relevant to fintech and financial institutions. Familiarity with key financial regulations such as AML and KYC/KYB, and the broader regulatory environment affecting financial entities. Good understanding of PCI DSS requirements and payment security standards relevant to merchant onboarding and card acquiring operations. Capable of working both independently and as part of a team, with the ability to manage multiple projects simultaneously and meet deadlines. A degree in Finance, Law, Business, or Economics — or equivalent practical experience demonstrating comparable expertise. CAMS or ICA certification is a strong plus; if not currently held, willingness to obtain certification with company support. Fluency in English (additional languages are considered an advantage). Competitive salary based on your experience and contribution Excellent health insurance after successful completion of the probation period — including extensive medical coverage, mental health support, and dental care Additional paid Wellbeing Days — take time for your personal needs, health check-ups, or simply to recharge Hybrid work setup — flexible hours with a mix of in-office and remote work Friendly and collaborative team — we value transparency, initiative, and support each other Opportunity to grow together with the company and take on new responsibilities as we scale Startup environment where your voice matters and ideas turn into features fast Gifts from the company for work anniversaries and birthdays — because milestones matter, and we love celebrating them with you!

Responsibilities

Lead end-to-end merchant onboarding processes while ensuring compliance with Visa, Mastercard, and regulatory requirements. Conduct KYC/KYB risk assessments and monitor merchant activity to detect potential financial crime.