Compliance Officer MLRO (Lithuania)

TransferGo is a fast-growing fintech start-up that offers online money transfers to over 160 countries with high speeds, low fees and no hassle. We’re striving to make the world a fairer place for migrants by providing tailored, more affordable financial services that makes their hard-earned money go further. Over 320 employees in offices across Europe are building a brilliant, relevant product supported by outstanding customer service. 

We’ve come this far by building a talented, diverse workforce on a fair culture of trust, empowerment, and fun. And because our people understand the challenges our customers face, they’re better placed to make life easier for our customers around the world — 5 million of them, and counting.

We are currently on the search for an experienced Compliance Officer MLRO, to join our leadership team (2LOD), who will be responsible for leading the AML program for TransferGo Lithuania UAB. The role will act as a senior domain expert for AML/Compliance regulation and as appointed MLRO. You will also maintain the relationship with Regulators, and oversight the Compliance AML Team and their daily activities. 

You will be working on and have had previous experience with:

• Design and oversight of the regulatory and AML & compliance monitoring program;
• Advising the Board on complex regulatory issues and regulatory landscape, including new and emerging developments;
• Overseeing the drafting and ongoing maintenance of robust policies and procedures to reflect regulatory developments and best practices;
• Advising the Board on product development and the use of the Firm’s license;
• Maintain a strong working knowledge of the regulatory requirements and ensure any ML / TF measures developments and changes are incorporated into the internal control system and on the procedures and practices as appropriate
• Oversee and Approve KYC/CDD and AML/CTF for TranferGo Lithuania UAB
• Maintaining an effective and open relationship with the regulator and managing all regulatory inquiries and reviews, including reporting and notification matters
• Timely and proactively escalate issues resulting from AML compliance monitoring, resolution tracking and management/board reporting
• Ensure maintenance of accurate records and details to prepare effective management and board reports
• Proactively cooperate with other functions and key stakeholders to ensure that company objectives are achieved in compliance 
• Appointed MLRO to the FNTT ensuring timely communication and reporting; 
• Ensuring ongoing Company employee education/training in the ML / TF area, suspicious activity, customer identification, and record-keeping requirements;
• Ensuring that the Company keeps and maintains all the required records and logs;

Experience you should have: 

The ideal candidate should have 7+ years in fintech industry within a large and high-growth company that provides financial products and services, and proven experience in AML compliance. Also would be keen to be relocated to Vilnius if resident elsewhere.

• Previous experience as MLRO or DMLRO is essential
• A team player with excellent time and project management skills and the ability to successfully manage multiple projects at one time.
• Have excellent problem-solving skills and attention to detail
• Demonstrate the ability to see the big picture, analyse risks and make recommendations for improvements to mitigate those risks within the product
• Experience with regulators and the regulatory framework
• Professional certifications such as ICA/ACAMS

Salary: 6000-6700 Eur/gross

The position is based in Lithuania.