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 AML regulations and embedding robust AML frameworks across the organization.

Key responsibilities

• Develop and implement AML procedures tailored to Latvian regulations and TF Bank Group standards.
• Act as the local MLRO, liaising with supervisory authorities and investigative bodies.
• Conduct regular AML framework assessments and drive improvements in line with FSA requirements.
• Monitor regulatory changes, advise senior management, and adjust policies promptly.
• Integrate AML considerations into business processes and product development with cross‑functional teams.
• Design and deliver AML training programmes for employees.
• Prepare timely AML reports for regulators and internal stakeholders.
• Support internal and external audits by providing documentation and insights.

Required profile

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

Required skills

• CAMS certification (or equivalent)
• ICA certification (or equivalent)