AML/Sanctions and Regulatory Compliance Officer (Asset Management & Pensions)
Luminor GroupJoin our team as a Compliance Officer!
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We are seeking an experienced AML / CTF / Sanctions and Regulatory Compliance Officer to join our team for Asset Management and Pension entities in cooperation with Luminor bank. This role will help strengthen the compliance framework, ensure adherence to applicable laws and regulations, and support a culture of regulatory excellence across the organization. Position is located in Vilnius, Lithuania, but responsibility is Pan-Baltic where agreement will be signed with all 4 Asset Management Companies.
How You Will Make an Impact Combining The Two Areas:
In the role of AML / CTF and Sanctions Compliance Officer role:
AML/CTF and Sanctions Compliance officerβs objective is to assure proper oversight of outsourced AML / CTF and Sanctions screening services and appropriate AML / CTF and Sanctions framework for all Luminor group pension entities by participating in all the processes in AML / CTF and Sanctions area (KYC, AML compliance, entity wide risks assessments, reporting, regulatory interactions and other)
Assuring appropriate internal regulation framework in AML / CFT and Sanctions area for pension entities in cooperation with Luminor bank, ensuring regular ML/TF and Sanctions risk assessments for pension entities as part of group wide process
Contributing to the development of pension funds and other products, keeping strong knowledge of pension product and distribution of it to be able to challenge reports and other information provided by the Luminor bank
In the role of Regulatory Compliance Officer:
Assess, oversee, and challenge governance, processes and controls designed and implemented by the first line to manage compliance risk in the assigned conduct areas
Collaborate with other Luminor Group units to manage identified compliance gaps, issues and risks and follow up on implementation of the remediation action plans and Compliance recommendations
Oversee and execute various regulatory and compliance projects in the assigned areas
Securing fluent communication with respective supervisory authorities in designated areas
What Makes You a Great Fit:
3+ years of experience in financial services industry (preferably asset management) in AML area
Strong knowledge of AML/CTF legislation, sanctions regimes, FATF recommendations and relevant regulatory expectations in the UK/EU
Analytical mindset, attention to detail and ability to make risk-based judgements with excellent communication and stakeholder management skills. Including, ability to draft concise regulatory reports
Relevant professional qualifications (e.g., ICA, ACAMS, or equivalent) or demonstrable compliance training would be consider as an advantage
Fluent English and local language is required in spoken and written communication due to working on the Pan-Baltic level
Why You Will Love Working Here:
Flexibility. Flexible working hours, Hybrid work, and the possibility to work from anywhere in the EU, Iceland, Switzerland, and the UK (in total 90 days per year)
International teams. Teams that go outside Pan-Baltic borders, where people value challenging work together with good humor and having fun
Culture. Youβll be joining a team where things move fast, ideas flow freely, and change is part of the everyday. Itβs a dynamic environment that keeps you learning, growing, and never bored
More vacation. Additional weeks of vacation are available to all employees who have been in the company for 1 year or more
Volunteer time off. We care about giving back to society, therefore, you will get additional days off for volunteering purposes
Paid leave. We are proud of our employees who are participating in military training. Therefore, Luminor offers 30 fully paid calendar days for military training every year
Health benefits. A competitive benefits package in addition to your salary that includes health insurance after the first 3 months pass in all three Baltic states, as well as Health days in case of your absence due to sickness without a doctor's note needed
Wellbeing. Access to tools and resources that help you feel good and be productive at work and in life
Professional growth. Internal and external training programs, LinkedIn learning, workshops, conferences, online training, etc
Special Offer for Luminor products & services. Enjoy special offers & pricing for products and services provided by Luminor
Gross salary. 3650-5500 EUR/month, which is to be determined depending on your level of experience and competencies
The application deadline is the 29th of July. We are looking for a candidate primarily already located within the Baltics. Please apply with your CV in English and PDF format!