Our client — a regulated financial institution in Latvia — is seeking an experienced Head of AML/Compliance Department (NILLTPFN) to take ownership of the company’s AML/CFT and sanctions compliance framework. This is a senior leadership role with direct accountability to the Board, ensuring robust compliance practices, effective risk management, and strong cooperation with regulators.

If you bring deep expertise in AML/CTF, a proven track record in compliance leadership, and are ready to play a pivotal role in safeguarding financial integrity — this is your opportunity.

🔍 Responsibilities

• Lead the AML/Compliance Department and act as the company’s designated AML officer.
• Ensure full compliance with Latvian and EU AML/CTF and sanctions regulations.
• Oversee risk assessment, monitoring, and prevention measures, providing regular reports to the Board.
• Develop, implement, and maintain the AML program, including KYC/CDD/EDD, UBO checks, transaction monitoring, internal investigations, and FIU reporting.
• Prepare and update the company’s internal risk assessment (ITA) and compliance policies.
• Represent the company in all communications with regulators and supervisory authorities.
• Provide timely responses to requests from law enforcement and competent authorities.
• Deliver annual AML/sanctions reports to senior management, including risk assessments, mitigation actions, and resource adequacy.
• Ensure effective compliance training programs for employees and promote awareness across the organization.

🎓 Requirements

• University degree (Master’s or Doctorate preferred) in Law, Finance, Economics, or Business Administration.
• At least 3 years of professional experience in AML/CTF and sanctions compliance.
• Proven leadership experience in compliance functions.
• Minimum 3 years in the financial sector.
• Strong professional reputation and integrity.

✨ The Employer Offers

• Competitive salary: €5,000 gross per month.
• The chance to work in a fast-paced, innovation-driven environment with strong international backing.
• A rare opportunity to shape and lead the Compliance and Risk function from the ground up.
• Direct participation in growing a newly licensed fintech business in the EU.
• Bonuses and benefits:
  • Health insurance
  • Parking at the office
  • English language training
  • Modern, employee-friendly office environment
  • Latest MacBook Pro and flexible working hours
  • Supportive team culture with regular social activities

🚀 This is a high-impact leadership role for a compliance professional who wants to shape AML/CTF strategy and ensure robust regulatory alignment at a leading financial institution.