AML Subject Matter Expert & Local MLRO

About the role

We are looking for an experienced AML Subject Matter Expert to act as the local Money Laundering Reporting Officer (MLRO) and ensure compliance with Latvian and EU anti‑money‑laundering regulations. The role will involve shaping AML policies, advising senior management, and collaborating across the organization.

Key responsibilities

• Write and implement AML procedures aligned with Latvian regulations and the TF Bank Group framework.
• Serve as the local branch MLRO, liaising with supervisory authorities and investigative bodies.
• Conduct regular assessments of the AML framework, identify gaps, and drive improvements.
• Monitor regulatory changes, advise senior management, and update policies promptly.
• Integrate AML considerations into business processes and product development.
• Design and deliver AML training programmes for employees.
• Prepare timely and accurate AML reports for regulators and internal stakeholders.
• Support internal and external audits by providing required documentation and insights.

Required profile

• Proven AML expertise in financial services, preferably within Latvia and multi‑jurisdictional settings.
• Strong knowledge of Latvian and EU AML regulations, licensing requirements, and compliance frameworks.
• Experience designing and optimizing AML processes across jurisdictions.
• Previous interaction with regulatory authorities and handling of regulatory inquiries.
• Bachelor’s degree in Finance, Business Administration, Law or related field; advanced degree or certifications (CAMS, ICA) 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