AML Subject Matter Expert

<p>We are seeking a qualified and experienced professional to fill the role of <strong>AML Subject Matter Expert and local MLRO (Money Laundering Reporting Officer)</strong>. The ideal candidate will play a crucial role in ensuring compliance with anti-money laundering (AML) regulations and establishing effective AML frameworks.</p><h5><strong>Key Responsibilities</strong></h5><ul><li><p>Write and implement procedures tailored to the Latvian regulatory landscape and TF Bank Group process and regulatory framework.</p></li><li><p>Act as local branch MLRO (Money Laundering Reporting Officer) and liaise with local supervisory authorities and investigative bodies.</p></li><li><p>Conduct regular assessments of the AML framework, identifying areas for improvement in AML processes and implementing necessary changes in compliance with FSA.</p></li><li><p>Stay abreast of changes in AML regulation, advising senior management on potential impacts and ensuring timely adjustments to policies and procedures.</p></li><li><p>Collaborate with cross-functional teams to integrate AML considerations into business processes and product development.</p></li><li><p>Design and conduct training programmes for employees to enhance awareness and understanding of AML strategies.</p></li><li><p>Ensure timely and accurate reporting to regulatory authorities and internal stakeholders regarding AML metrics.</p></li><li><p>Participate in internal and external audits, providing necessary documentation and insights into AML practices.</p></li></ul><h5>What We're Looking For</h5><h6>Experience & Expertise</h6><ul><li><p>Proven expertise in Anti-Money Laundering (AML) within the financial services industry, ideally in Latvia and within a multi-jurisdictional environment.</p></li><li><p>Strong knowledge of Latvian and EU AML regulations, compliance frameworks, and licensing requirements.</p></li><li><p>Demonstrated experience in designing, implementing, and optimizing AML processes across multiple jurisdictions.</p></li><li><p>Previous experience working with regulatory authorities and responding to regulatory inquiries is highly desirable.</p></li><li><p>Knowledge of Swedish regulatory requirements is considered an advantage.</p></li></ul><h6>Education & Qualifications</h6><ul><li><p>Bachelor's degree in Finance, Business Administration, Law, or a related field.</p></li><li><p>Advanced degree or relevant certifications such as <strong>CAMS, ICA</strong>, or equivalent are considered a plus.</p></li></ul><h6>Language Skills</h6><ul><li><p>Fluency in <strong>Latvian and English</strong> is required.</p></li><li><p>Additional European languages are an advantage.</p></li></ul><h6>Personal Skills</h6><ul><li><p>Detail-oriented with a proactive approach to identifying, assessing, and mitigating compliance and financial crime risks.</p></li><li><p>Strong decision-making skills, with the ability to independently evaluate situations, determine appropriate actions, and take ownership of outcomes.</p></li><li><p>Ability to adapt quickly to evolving regulatory environments and effectively implement required changes.</p></li><li><p>Excellent communication, stakeholder management, and interpersonal skills, with the ability to collaborate across all levels of the organization.</p></li><li><p>Strong relationship-building skills and a collaborative mindset focused on achieving shared goals.</p></li><li><p>Experience supporting colleagues through training, mentoring, and knowledge-sharing initiatives.</p></li></ul><h3></h3><h5 id="Work-Conditions">What we offer</h5><ul><li><p>A Scandinavian work culture focused on trust, transparency, and respect for people and time.</p></li><li><p>An opportunity to make a real impact and contribute to the bank’s growth in the Latvian market.</p></li><li><p>A supportive and professional team with a collaborative working environment.</p></li><li><p>Opportunities for learning, growth, and professional development.</p></li></ul><p></p><p><strong><em>Compensation will be determined based on the candidate’s qualifications, skills, and previous experience</em></strong><span><strong><em> </em>as MLRO.</strong></span></p>