Our client, an innovative financial service provider specializing in business banking solutions for SMEs across the UK and Europe, is looking for an experienced Head of Compliance / MLRO to lead AML and compliance functions, ensure regulatory excellence, and support the company’s expansion.

The company simplifies business banking by offering quick and seamless account setup, UK Faster Payments, SEPA transfers, competitive currency exchange, invoicing, and global card payment processing for e-commerce merchants. Additionally, their flexible business loan solutions enable SMEs to scale and expand their operations with ease.

As the Head of Compliance / MLRO, you will play a key role in ensuring compliance with AML regulations, managing the AML team, and strengthening the company’s risk management framework while fostering innovation in fintech.

🔍 Key Responsibilities:

• Develop and oversee the company’s AML and compliance framework, ensuring full adherence to AML regulations and best practices.
• Lead and enhance the AML department, ensuring policies and procedures are up to date and aligned with regulatory requirements.
• Communicate with regulators through the company’s principal firm, managing regulatory reporting and audits.
• Manage and mentor the AML and compliance team, fostering a strong culture of compliance and risk awareness.
• Regularly update AML policies and procedures, ensuring they meet the evolving financial and regulatory landscape.
• Oversee fraud monitoring and risk assessment, implementing measures to detect and prevent financial crime.
• Collaborate with product, payments, and onboarding teams to ensure compliance is integrated into business processes effectively.

🎓 Required Skills & Experience:

• At least 2 years of experience in an AML leadership role within a fintech company.
• Previous experience working under UK AML regulations would be considered as a strong advantage 
• Strong experience in leading AML teams, drafting policies, and ensuring regulatory compliance.
• Fluency in English  (both written and spoken)
• Fintech experience is a must; banking experience is secondary.
• Fraud monitoring experience is a plus but not mandatory.
• Legal education or AML certifications (e.g., ACAMS) are preferred but not mandatory.

✨ The Employer Offers:

• Competitive salary based on experience.
• Full-time, office-based role in Riga city center
• Supportive and dynamic work environment with strong leadership.
• Professional growth and career development opportunities.

📩 Apply now to take on a leadership role in a fast-growing fintech company, where you will drive compliance, shape policies, and collaborate with a top-tier team in a highly innovative industry! 🚀