Merge Jobs in Lithuania

Role - MLRO (Money Laundering Reporting Officer)
Location - Lithuania (Remote)
Company - Merge Networks UAB
Company Type - Fintech, Virtual Asset Service Provider (VASP)

Ideal Candidate:
The ideal candidate will have hands-on experience as Compliance Officer and/or Money Laundering Reporting Officer (“MLRO”) having previously worked for an established or start-up VASP, Electronic Money Issuer (“EMI”), or equivalent.

They should be familiar with applicable AML/CFT legislation and regulations. They will be able to own and maintain the compliance and financial crime programmes of the company, and be a proactive advocate for compliance. They will also be able to work collaboratively with internal and external stakeholders to achieve their deliverables and comply with regulatory requirements.

NOTE: We are looking for someone with a hands-on approach who can be our knowledge expert in the region, working closely with the Global Compliance team and reporting to the Global MLRO, as well as provide on-the-ground assistance for other functions in the business as we scale up our business.

Responsibilities:

• Point of contact on AML/CFT and compliance topics with relevant regulatory authorities including, but not limited to, Lithuanian FIU, FCIS, Bank of Lithuania;
• Prepare and maintain Compliance and Financial Crime policies, procedures, risk assessments, risk registers, etc. Drive, promote and maintain a strong Compliance culture within the business;
• Lead the Compliance and Financial Crime function and be a focal point for the dissemination of information to/from company and Group stakeholders;
• Ensure the business operates an effective risk-based approach to Compliance and Financial Crime, which is relevant and proportionate to our business model, customer profile and products;
• Work with internal and external stakeholders to implement and maintain appropriate compliance procedures, systems and third party vendors;
• Proactively provide advice and guidance to the Business on new projects, products, services and other initiatives within the context of applicable AML/CFT regulations and Company risk appetite;
• Represent Risk & Compliance on Company Committees and provide appropriate MI and BI reports; including as a minimum a yearly MLRO Report to the Board of Directors;
• Identify all relevant regulatory developments in relation to Financial Crime, assess their impact and assist in developing action plans to mitigate the impact of change;
• Represent Compliance and provide second line of defence (2LoD) challenge to the Business through membership of applicable Governance Committees, including the production and oversight of any appropriate MI and BI;
• Lead the Compliance Monitoring Programme (CMP);
• Work across Merge Group risk & compliance activities under guidance of the Group MLRO.

Requirements:

• 3+ years experience in a similar or compliance role with a VASP, EMI or fintech;
• Certifications and qualifications: ACAMS, ICA qualification or similar is a plus;
• Should meet fit & proper criteria of regulatory authorities;
• Working language: English.

Merge focuses on Financial Services, Cryptocurrency, Financial Technology, Blockchain / Cryptocurrency, and Web3. Their company has offices in Europe and London. They have a small team that's between 1-10 employees. To date, Merge has raised $9.5M of funding; their latest round was closed on May 2022.

You can view their website at https://www.mergedup.com or find them on LinkedIn.