MLRO

We are looking for an MLRO & Compliance Officer for Polarys UAB. The MLRO will help define and continuously improve KYC, Onboarding, Sanctions and AML/CFT policies and processes. You will be a crucial part of the AML risk assessment and control functions. As a start-up and growing business, we are looking for someone with a hands-on approach, who will build up the first and the second line of defence - with full support from the Management Board. You will also be expected to review alerts of suspicious activity and transactions and run regular reviews of transaction data to identify any trends in behaviour.

What will you be doing?

• Validating policies, procedures and guidance documents.
• Working closely with product teams to ensure all products and flows meet internal policies whilst ensuring a positive user experience and compliance with regulations.
• Owning the escalations management and risk reporting procedures, undertaking root causes analysis.
• Continually monitor and review all developments within the regulatory environment and actively develop technical knowledge.
• Driving a commercial approach to compliance, and a championing a pro-active compliance culture across the business and embedding strong working relationships.
• Assist with preparing regulatory reporting and correspondence.
• Act as MLRO.
• Overseeing client onboarding and risk assessment.
• Delivering quarterly and annual reports to the board.

What skills do you need?

• Minimum of 2-4 years of experience within a risk/compliance related business functions.
• Extensive regulatory compliance experience, ideally gained within financial services.
• Strong knowledge of the 5th AMLD, detailed knowledge of anti-money laundering, counter-terrorist financing, and sanctions risks and regulations.
• Knowledge and experience working with the regulator.
• Strong analytical skills.
• Clear and concise communication, both written and verbal. This should include excellent report-writing and drafting capabilities.
• Be comfortable to work in a fast paced environment.
• A professional compliance, AML/CFT, or financial qualification, and membership of a recognised professional body such as ICA or ACAMS, would be advantageous but not a prerequisite.