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) for our Latvian branch. The role is pivotal in ensuring compliance with Latvian and EU anti‑money‑laundering regulations and embedding robust AML frameworks across the organization.

Key responsibilities

• Write and implement AML procedures aligned with Latvian regulatory requirements and TF Bank Group processes.
• Serve 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 standards.
• Monitor regulatory changes, advise senior management, and adjust policies promptly.
• Collaborate with cross‑functional teams to embed AML considerations into business processes and product development.
• Design and deliver AML training programmes for employees.
• Prepare timely AML reports for regulators and internal stakeholders.
• Support internal and external audits by providing relevant documentation and insights.

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 interacting with regulatory authorities and handling 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.

Required skills

What we offer

• Opportunity to lead AML strategy in a dynamic banking group.
• Professional development and training support.
• Collaborative work environment with cross‑functional teams.