Our client is a VASP registered and regulated in Lithuania is seeking a dynamic and seasoned Head of AML to lead the compliance efforts. This pivotal role is crucial to maintaining unwavering commitment to regulatory compliance and the prevention of financial crime. If you are passionate about safeguarding financial integrity and eager to drive compliance initiatives in a fast-paced environment, we want to hear from you!

🔍 Responsibilities:

• Regulatory Liaison: Serve as the primary point of contact on AML/CFT and compliance topics with relevant regulatory authorities.
• Framework Development: Develop, implement, and maintain the company's AML, Sanctions, and Fraud Prevention frameworks, policies, and procedures.
• Leadership: Lead the AML function within the company, ensuring robust risk assessments, risk registers, and compliance strategies are in place.
• Collaboration: Work with internal departments and external stakeholders to ensure compliance procedures, systems, and third-party vendor management are effective and up-to-date.
• Advisory Role: Provide proactive advice and guidance to the business on new projects, products, services, and other initiatives in line with applicable AML/CFT regulations and company risk appetite.
• Regulatory Monitoring: Monitor and assess regulatory developments related to financial crime, evaluate their impact, and develop action plans to mitigate any changes.
• Framework Testing: Conduct regular testing, adjustments, and updates to the AML framework to ensure efficiency and robustness.
• Board: Report to the Board of Directors on AML-related matters and compliance issues.
• Authority Liaison: Act as the liaison with supervisory authorities and other government bodies regarding AML/CFT duties.

🎓 Requirements:

• Minimum of 3 years as a senior AML officer in a financial institution, VASP, EMI, fintech, or credit institution. Experience in the cryptocurrency sector is an advantage.
• Must be a permanent resident of Lithuania.
• Must meet the fit & proper criteria of regulatory authorities. At least a Bachelor’s degree in Law, Finance, Economics, or a related field.
• Certifications such as Anti-Money Laundering Specialist (CAMS, ICA) are highly desirable.
• Proficiency in English and Lithuanian languages.
• Ability to work independently and solve problems efficiently.

✨ Company Offer:

• Competitive Salary based on experience and skillset.
• High level of autonomy with significant future career advancement opportunities.
• Supportive and friendly work environment with an international team.
• Flexible working hours with remote work options.