Money Laundering Reporting Officer

Industry / Sector / Domain

FinTech

Location

Lithuania

Experience Range

6+ years

Position Summary

They are a licensed digital payments infrastructure and solutions provider, paving the global payments  highway. Their best-in-class technology serves as the interoperability engine that enables our partner’s  customers to send and receive real-time transactions across diverse payment instruments, platforms and  regions.

Responsibilities

  • Liaison with the senior management and / or board on AML/ CTF issues 
  • Liasioning with independent auditors on the AML/ CTF manual 
  • Serving as nominated MLRO /Office in Luthuania 
  • Consideration of any regulatory feedback regarding the reporting of entity’s risk management performance
  • Liasioning with the Financial Intelligence Unit and making STR investigations and /or filings on GOAML, as  applicable 
  • Acting as the contact officer for regulatory compliance matters such as reporting STR’s, Quarterly Income  statements, Accounting requirements etc. 
  • Contributing to the design, implementation and maintenance of internal AML/ CTF compliance manuals,  policies, procedures and systems, including as applicable from time to time. 
  • Procedures for processing (Instrument) applications to the BOT for their approvals for new designated  services or delivery channels 
  • Ensuring AML/ CTF compliance is measured and as applicable, rewarded in the performance review process
  • Conducting initial due diligence and ongoing evaluation of partners and other third-party service providers
  • Keeping relevant records in accordance with local regulatory provisions and acts 
  • Coordinating periodic internal reviews of AML/ CTF compliance at partner offices 
  • Ongoing partner analysis and transaction analysis 
  • Identifying High, Medium and Low partners 
  • Prepare an analysis report on a quarterly basis 
  • Prepare a Compliance report on a monthly basis 
  • Timely submission of all regulatory reports 

Qualifications

  • Looking at 6 plus years of experience, designation will be either Assistant Manager or Deputy Manager
  • Local candidates will be preferred 
  • Certified Anti-money laundering specialist (CAMS) is a must 
  • Good to have payments experience along with compliance

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