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Money Laundering Reporting Officer

Lithuania

The Money Laundering Reporting Officer (MLRO) is compliance role responsible for leading and managing the Anti-Money Laundering (AML) and Counter-Terrorist Financing (CTF) framework of PaySaxas in Lithuania. The MLRO plays a critical role in safeguarding the company against financial crime risks, ensuring full compliance with Lithuanian, EU, and international AML/CTF regulations while fostering a strong culture of regulatory compliance within the organization.

  • Requirements

    • 2+ years of AML compliance experience, preferably in the financial services, fintech, or banking industry.

    • Strong knowledge of Lithuanian, EU, and international AML/CTF regulations.

    • Strong analytical, investigative, and problem-solving skills with the ability to interpret and implement complex regulatory requirements.

    • Experience in leading AML compliance programs and training employees on AML policies.

    • Excellent communication skills and the ability to collaborate with regulatory bodies, law enforcement agencies, and internal stakeholders.

    • Certified Anti-Money Laundering Specialist (CAMS) or equivalent certification (preferred).

    • At least Upper-Intermediate level of English.

  • Responsibilities

    • Serve as the primary point of contact for regulatory authorities on AML/CTF matters.

    • Develop, implement, and regularly update AML/CTF policies and procedures to ensure compliance with Lithuanian and EU financial regulations.

    • Ensure timely and accurate submission of Suspicious Activity Reports (SARs), AML risk assessments, and other regulatory reports to relevant authorities.

    • Conduct internal AML audits and risk assessments, identifying potential compliance gaps and implementing corrective measures.

    • Oversee the AML transaction monitoring system, ensuring effective identification and escalation of suspicious activities.

    • Investigate potential financial crime risks, taking appropriate action in line with regulatory requirements.

    • Maintain and improve Customer Due Diligence (CDD) and Know Your Customer (KYC) procedures, ensuring accurate risk classification of customers.

    • Approve onboarding of high-risk customers and determine if additional due diligence measures are required.

    • Maintain compliance with Politically Exposed Persons (PEP) screening and sanctions list checks (e.g., EU, OFAC, UN lists).

    • Develop and deliver AML training programs for employees to promote awareness of financial crime risks and compliance obligations.

  • We Offer

    • Full Remote work environment to support work-life balance.

    • Career growth in a global fintech with diverse licenses and ambitious projects.

    • Clear goals and priorities, aligned with PaySaxas’ Strategy.

    • Annual Leave according to the Labour Code of Lithuania.

    • Official Employment in Lithuania.

Money Laundering Reporting Officer

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