Deputy MLRO

About the Role

Payhawk Financial Services UAB (‘PFS UAB’) is a licensed Electronic Money Institution (‘EMI’) in Lithuania. We are looking for an experienced Deputy MLRO to navigate between the applicable AML laws and regulations and evaluate adherence to AML policies and procedures.

Responsibilities

• Work closely with the MLRO in the preparation and management of the risk assessment system as well as development and implementation of AML/CTF policies and procedures;
• Support MLRO providing advice to management bodies regarding the acceptance of new clients or the continuation of business relations with existing clients;
• Develop and improve the financial crime monitoring system, create new rules and scenarios based on the Company's business models and good international practices;
• Ensure that the Company’s internal controls enable to proper ML/TF related reporting and implementation of FIU orders;
• Implement the fraud prevention measures and strategies across the Company;
• Advise on Sanctions Compliance issues;
• Support the MLRO in the preparation and submission of AML and Compliance related reports, assessments, audits etc. to regulatory authorities, Management bodies, Auditors and others as required by applicable laws and regulations;
• Assist MLRO in preparation of targeted training sessions for employees of Payhawk;
• Cooperate with the operational teams in other jurisdictions to ensure that AML requirements are met;
• Assist in establishing and maintaining Quality Assurance framework within the Company, conduct ongoing quality assurance reviews.

The ideal candidate should have 3+ years of experience in a similar role in a regulated Financial Services industry (such as a payment FinTech or banking) and ideally, in a fast-scaling environment, where they were responsible for building AML compliant processes.

Key Requirements

• At least 3 years’ experience in a regulated banking or payment industry in the finance/payments area;
• Sound knowledge of payment operations and card schemes;
• Strong analytical skills, attention to details
• Good understanding of the Bank of Lithuania's regulations and the local regulatory landscape;
• Great communication and language skills (English and Lithuanian);
• Previous experience specializing in AML compliance.
• Candidate to be based and have the right to work in Lithuania.

Additional experience

• Good understanding of the SaaS industry and venture-backed businesses;
• Experience in a fast-scaling, high-velocity and dynamic environment;
• Experience with a global, cross-border business with other group entities;
• ICA or CAMS certification would be considered as an advantage;

Salary Details

• €3333-4100 /month gross
• Offered salary is based on experience and we are open to discussing a different salary based on your skills and background

Company Benefits

• 30 days holiday paid leave
• Competitive compensation package
• Two weeks exchange policy to another Payhawk office (London, Berlin, Barcelona, Sofia)
• Flexible working hours and opportunity to work from home
• Regular team-wide events
• Additional Medical care
• Sports allowance
• Payhawk card with monthly commuting allowance.

Payhawk is an Equal Employment Opportunity Employer. Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender perception or identity, national origin, age, marital status, protected veteran status, or disability status.