MLRO / Compliance officer

The MLRO/Compliance Officer is a hybrid full time position, based in the company site in Riga. The MLRO is responsible for managing our compliance with legal and regulatory requirements, with a particular focus on anti-money laundering (AML) and counter-terrorist financing (CTF) measures. This role involves actively monitoring, assessing, and managing compliance risks and reporting directly to the Head of Risk and relevant authorities as required. This role is a full time hybrid model. Key Responsibilities: Develop, implement, and maintain the AML/CTF compliance program in alignment with EU and LV regulations.

Serve as the primary point of contact for all matters related to AML/CTF within the organization. Conduct regular and ad-hoc compliance audits and reviews to ensure adherence to laws, regulations, and internal policies. Provide training and guidance to staff on compliance procedures and the importance of regulatory compliance. Prepare and submit timely reports to the Latvijas banka and other regulatory bodies. Respond to compliance inquiries from staff and external bodies and provide authoritative advice. Stay updated with changes in legislation and regulatory requirements that impact the organisation. Implement and oversee the effective reporting of suspicious activities and transactions.

Collaborate with other departments to embed compliance considerations into operational processes and business strategies. Qualifications: Bachelor’s degree in Law, Business Administration, or a related field. Professional certification in compliance, such as CAMS, ICA or equivalent. A minimum of 5 years of experience in compliance roles within the financial services industry, with specific expertise in AML/CTF practices. At least 2 years experience as a MLRO of a company licensed by the bank of LatviaThorough understanding of the Latvian regulatory environment and AML/CTF guidelines. Excellent communication, organizational, and analytical skills. Ability to handle sensitive information with integrity and confidentiality.

Living at Latvia