Deputy Compliance Officer

Description

Ria Money Transfer, a business segment of Euronet Worldwide, Inc. (NASDAQ: EEFT), delivers innovative financial services including fast, secure, and affordable global money transfers to millions of customers along with currency exchange, mobile top-up, bill payment and check cashing services, offering a reliable omnichannel experience.  With over 600,000 locations in nearly 200 countries and territories, our purpose remains to open ways for a better everyday life.

We believe we can create a world in which people are empowered to build the life they dream of, no matter who they are or where they are. One customer, one family, one community at a time.

ABOUT THIS ROLE

This role will be responsible for developing, implementing, and administering all aspects of the company's Compliance Management Program in Lithuania. If you are passionate about compliance, have a strong understanding of EU and Lithuanian regulations, and possess the skills and knowledge necessary to ensure the company's adherence to anti-money laundering (AML) and compliance standards, we would love to hear from you!

ROLES & RESPONSIBILITIES

• Understand regulatory environment from EU and Lithuania legislation related to compliance, money laundering and terrorist financing prevention, risk management and reporting and act as intermediary between the regulator and the Company.
• Ensure compliance with the Company's AML and Compliance program, policies other anti-money laundering procedures, review them regularly and, if necessary, update them.
• Submit reports to the Board of the Company on the effectiveness and possible improvement of the Company's internal measures in accordance with the terms and procedures established by the Company.
• Advise the Board of Directors, Senior Management and other personnel of emerging compliance issues and conflicts and guide the company in the establishment of controls to mitigate risks.
• Constantly follow and analyze new compliance, terrorist financing and money laundering trends and technologies, search for and propose new prevention measures and methods.
• Conduct a risk assessment to identify areas of business that are most vulnerable to compliance and money laundering activities.
• Facilitate trainings that all Company employees about the AML program and procedures together their responsibilities in detecting and preventing money laundering activities.
• Follow-up on outstanding issues and recommendations encountered during the internal and external audits or regulatory inspections.
• Oversee outsourcing process and guided by applicable laws and regulators and ensure compliance with mandatory requirements.
• Play a key role is setting the compliance guidance, requirements and adjustments on new product launches, system enhancements and current integrations.

POSITION REQUIREMENTS

• Good knowledge of laws and legal acts related to financial institutions.
• Over 5 years of experience in compliance and AML/CTF functions.
• Ability to adapt to a fast-paced environment and drive processes independently.
• Proactive approach to taking the lead on various compliance-related projects, tasks, and assignments.
• Strong multitasking and collaboration skills, as the position requires working with multiple teams globally.
• Proficiency in MS Office, with data analysis skills considered a plus.
• Fluent in English and Lithuanian language

PERKS & BENEFITS

• Medical Insurance
• Hybrid Work Schedule
• Growth Opportunities
• Gym access
• Corporate gatherings, team bonding events, and much more!

Ria Money Transfer offers a competitive salary and benefits package. The reasonable estimated pay for this role ranges from 42.000-60.000 euros.  Actual compensation is based upon factors such as the candidate’s skills, qualifications, and experience. 

Ria Money Transfer is an equal opportunity employer.  We celebrate diversity and are committed to creating an inclusive environment for all employees. 

Check out our website to learn more about the company at: http://www.riamoneytransfer.com/

The position responsibilities outlined above are intended to define the general contents and requirements to perform this job. It is not to be taken as a complete statement of responsibilities or requirements. This job description does not restrict the Company’s right to assign or reassign duties and responsibilities to this job as needed.