AML Subject Matter Expert & Local MLRO

About the role

We are looking for an experienced AML Subject Matter Expert who will also serve as the local Money Laundering Reporting Officer (MLRO) for our Latvian branch. The role is pivotal in ensuring compliance with anti‑money laundering regulations and embedding robust AML frameworks across the organization.

Key responsibilities

• Develop and implement AML procedures aligned with Latvian regulations and TF Bank Group standards.
• Act as the local MLRO, maintaining liaison with supervisory authorities and investigative bodies.
• Conduct regular AML framework assessments, identify gaps and drive improvements in line with FSA requirements.
• Monitor regulatory changes, advise senior management, and update policies and procedures accordingly.
• Integrate AML considerations into business processes and product development through cross‑functional collaboration.
• Design and deliver AML training programmes for staff to raise awareness and competence.
• Prepare and submit timely AML reports to regulators and internal stakeholders.
• Support internal and external audits by providing documentation and insights on AML practices.

Required profile

• Proven AML experience in financial services, preferably within Latvia and multi‑jurisdictional environments.
• Strong knowledge of Latvian and EU AML regulations, licensing and compliance frameworks.
• Experience designing, implementing and optimizing AML processes across jurisdictions.
• Track record of interacting with regulatory authorities and handling inquiries.
• Bachelor’s degree in Finance, Business Administration, Law or related field; CAMS, ICA or similar certifications are a plus.
• Fluency in Latvian and English; additional European languages are advantageous.
• Detail‑oriented, proactive, with strong decision‑making and stakeholder management abilities.

Required skills