🌍 About the Company

The client is an established FinTech business providing payment infrastructure and merchant solutions to companies operating in the high-risk client segment. Its services include online payment processing, e-wallets, card payments, alternative payment methods, open banking solutions, and white-label payment technology.

The business supports international operations through teams and partners across Riga, Canada, and Asia. Its combination of proprietary technology, regulatory expertise, and complex merchant portfolios makes this a strong environment for an experienced compliance professional seeking meaningful ownership.

💼 About the Role

The MLRO will take ownership of the company’s AML/CTF framework across Canadian regulated operations. You will act as a senior compliance contact for regulators, advise management on financial crime risk, and ensure that policies, monitoring systems, investigations, and regulatory reporting remain effective as the business develops. This role requires practical experience working with FINTRAC, Canadian AML legislation, and regulated payment or electronic money businesses.

🔍 Responsibilities

• Own and continuously improve the company’s AML/CTF compliance programme across relevant jurisdictions;

• Ensure compliance with the Canadian PCMLTFA, FINTRAC guidance, sanctions requirements, and applicable Curaçao regulations;

• Act as the designated MLRO and primary contact for regulators, auditors, banking partners, and other relevant authorities;

• Oversee accurate and timely regulatory reporting, including suspicious transaction and electronic funds transfer reports where applicable;

• Maintain risk-based customer due diligence, enhanced due diligence, transaction monitoring, and sanctions-screening frameworks;

• Review complex or high-risk cases and make documented decisions on escalation, reporting, restrictions, or termination;

• Lead preparations for regulatory examinations, independent reviews, audits, and licence-related submissions;

• Assess new products, markets, partners, and client segments from an AML, sanctions, and financial crime perspective;

• Deliver practical AML/CTF guidance and training to compliance, operations, sales, product, and senior management teams;

• Provide regular reporting to senior management and the Board on material risks, control effectiveness, incidents, and remediation progress.

🎓 Requirements

• At least 2–3 years of experience as an MLRO or in a comparable senior AML/CTF compliance position;

• Previous experience within a Canadian-regulated MSB, PSP, electronic money institution, FinTech, or financial institution;

• Strong working knowledge of FINTRAC, the PCMLTFA, regulatory reporting, and Canadian AML/CTF requirements;

• Practical knowledge of Curaçao AML/CTF, and regulatory compliance requirements;

• Demonstrated experience managing risk-based AML frameworks, CDD, EDD, transaction monitoring, and suspicious activity investigations;

• Experience communicating with regulators, auditors, banking partners, and senior decision-makers;

• Strong written and spoken English, with the ability to prepare clear policies, reports, and regulatory responses;

• Ability to work from Riga office under a hybrid working model.

Nice to Have

• A bachelor’s degree in law, finance, business, risk management, or a related discipline;

• CAMS, ICA, or another recognised AML or compliance qualification;

• Knowledge of card payments, e-wallets, payment gateways, sanctions screening, and cross-border transaction risks;

• Experience managing compliance within complex or higher-risk merchant portfolios.

🤝 Key Competencies

• Sound judgement when handling sensitive, high-risk, or time-critical cases;

• Confidence challenging decisions and explaining regulatory requirements to commercial stakeholders;

• Strong ownership, attention to detail, and disciplined record-keeping;

• Ability to turn regulatory obligations into proportionate and workable business controls.

✨ The Employer Offers

• A gross monthly salary of €5,000–€8,800, depending on experience and regulatory expertise;

• A hybrid working model;

• Company-sponsored professional development and upskilling courses after the probation period;

• Health insurance after the applicable eligibility period;

• Company-paid parking near the office;

• Company-paid lunch during office days;

• Direct involvement in international payment operations and complex regulatory projects.
  

Bring your regulatory experience into a role where your judgement will directly influence how an international payments business manages risk and meets its obligations. Apply to take ownership of the MLRO function.