Partner Risk Management Specialist

About the role

Wallester, a FinTech company providing white-label card issuance platforms, is looking for a Partner Risk Management Specialist. The specialist conducts operational due diligence on partners in the company's white-label reliance model, ensuring each partner keeps an effective AML/CFT and sanctions framework, has adequate operational capacity and can be relied upon for customer due diligence in line with regulatory requirements.

Key responsibilities

• Conduct initial and ongoing due diligence (CDD, EDD, OEDD) on partners and assess the adequacy of their AML/CFT, sanctions, governance and reporting frameworks.
• Evaluate partners' operational capacity, internal controls, staffing model and risk management arrangements, and review their policies and control evidence.
• Review high-risk partners periodically, document risk assessments and follow up on deficiencies and remediation plans.
• Assess AML/CFT and sanctions risks against Wallester's risk appetite, including new onboarding and material changes, and continuously monitor high-risk relationships.
• Escalate material concerns, suspicious activity indicators or control failures to the second line of defence.
• Gather information remotely from partners and liaise with relationship managers, AML Investigations, Financial Crime Risk & Intelligence and Compliance teams.
• Maintain audit-ready documentation of due diligence and risk assessments, contribute to internal reporting, and help improve due diligence methods and tools.

Required profile

• Higher education degree in Economics, Business Management, Finance, Law or a related field preferred.
• Professional certification by ACAMS or ICA is advantageous.
• Strong knowledge of AML/CFT and sanctions regulations in a fintech or payments environment.
• Experience assessing third-party or partner AML frameworks and understanding of reliance models under EU/UK AML regimes.
• Ability to analyse complex documentation, strong risk assessment and documentation skills, and ability to handle multiple tasks under pressure.
• Excellent written and oral English and working proficiency in Estonian.

What we offer

• Competitive salary and career opportunities.
• Medical insurance after the probationary period.
• Modern office in central Tallinn and free parking.
• Supportive leadership, referral program and company events.