We are looking for a Compliance Officer with a data-driven approach, who will be the vital link between our compliance services and business objectives.
If your passion is Fintech and Crypto, you are the guru in compliance, have experience in banking, payments, or cryptocurrencies, there is a great chance to join the team with the ambitious goal to bring cryptocurrency into our day-to-day life.
Requirements and qualifications:
- Successful experience in compliance with the Bank/Payment system/Crypto exchanges — at least 4 years is required;
- Deep understanding of the principles of the fintech industry, incl. with cryptocurrencies and their regulation;
- Study of monitoring, conditions, and procedures to detect and reduce fraudulent transactions, as well as money laundering and terrorist financing operations in electronic payments - cryptocurrency valuations, valuations using bank cards and electronic wallets;
- Experience in developing policies and internal regulatory procedures for assessing and monitoring risks (Risk Assessment, Know Your Customer, Due Diligence) in relation to the company's customers and counterparties (individuals and legal entities), as well as the implementation, application, and monitoring of compliance with these procedures on the level of business processes of the company;
- Understanding the policies, norms, and internal regulations of the requirements of the GDPR (Rules for the Protection and Processing of Personal Data of the European Union—General Data Protection Regulation);
- Knowledge and understanding of the terms of regulation of the financial services market, including the requirements of Anti-Money Laundering and Terrorist Financing Prevention, Risk Assessment, Due Diligence;
- Knowledge of Excel, access at the advanced user level (pivot tables, VLOOKUP, formulas, graphs), work with wide arrays of data, and build reports;
- Knowledge of English and Lithuanian language at the level of work with documents and business correspondence.
Responsibilities:
- Establish relation with the Bank of Lithuania;
- Execution of KYC/compliance policies and monitoring adherence to such policies and respective procedures;
- On-boarding and monitoring of new and existing entities engaging in business the Company;
- Developing the process of AML/KYC escalations and evaluatinon of suspicious transactions and filing STR's where appropriate;
- Develop, implement, and execute the Compliance training program;
- Manage compliance matters around all regulatory and legal requirements and ensuring policies and processes reflect this;
- Horizon scan of new regulatory developments and any impact these may have on the business;
- Onboard new agents / distributors / clients;
- Proactively identify any scenarios which may present any significant risk to the business;
- Guide the business on where any policies or processes need updating to reflect new regulations or improved compliance practice internally;
- Monitor clients and report back to management to advise and resolve any issues;
- Support the firm with the launch of any new products to ensure regulatory requirements are met.
The Company offers:
- Salary based on interview results, fixed in EUR and review once a year;
- Opportunities for professional growth and advancement in a profitable Fintech startup;
- Working with the right people to be developed in a data-driven approach;
- Paid vacations 3 weeks/year and sick leaves;
- Flexible working hours;
- An Agile approach to everything.
Primary Location: Vilnius
Education Level: Bachelor's Degree
Employment Type: Full Time
About the Company:
Our customer is a blockchain personal bank that combines the benefits of blockchain with traditional payment infrastructure. It helps to manage your cryptocurrencies as simple as traditional money and spend it in your day-to-day life.
The company provides you with а multi-currency payment cards and a fully-featured banking App.
In the app, you can easily buy and sell Bitcoin and Ether, convert them into traditional money to spend with a payment card issued by VISA.
Our customer is a fintech company aiming to disrupt retail banking by combining blockchain technology with a new level of user experience. We believe in the future of cryptocurrencies and have substantial expertise in blockchain, payments, and banking.
The team has more than 10 years of experience in digital banking development.
Company registered in London and Vilnius and has offices in Prague and Kyiv.