Senior AML Officer - Acquiring Transaction Monitoring

Nexpay is one of the fastest-growing fintech companies in the Baltics providing banking services for digital businesses. Since 2017 we have transacted more than €10+bn.

With offices in Vilnius and Riga, the team is rapidly growing, and we are looking for a Senior AML Officer to join our Transaction Monitoring Team in Vilnius. Working here, you will be part of a dynamic mix of people with different backgrounds, skills, experiences, and passionate minds.🚀

As a Senior AML Officer Transaction Monitoring, you will:

• Be responsible to analyze alerts created by real-time, retrospective transaction monitoring tool and also PEP/ sanction screening

• Review and analyze clients’ activity based on KYC information and provided documents

• Be responsible for complying with applicable AML requirements and policies in order to successfully perform on different duties

• Identify and report ML&TF red flags to MLRO and senior management

• Be in line with all the company’s AML/CFT improvements

• Communicate and cooperate with Compliance and other teams

• Complete other AML/CFT related duties when required.

Acquiring (once the product launches):

• Take part in setting up AML monitoring for the acquiring product, including understanding card scheme programme requirements and merchant risk

• Draft and maintain Standard Operating Procedure (SOP) for acquiring transaction monitoring

• Contribute to the design, setup and tuning of monitoring rules and scenarios for acquiring activity

• Handle and investigate acquiring-related alerts (e.g. merchant transaction patterns, chargebacks, refunds, high-risk MCCs)

• Cooperate with Product, Risk and Compliance teams during the acquiring launch.

What we are looking for:

• 3+ years of experience in Transaction Monitoring field

• 2+ years of experience in Transaction Monitoring for Corporate entities, preferably of higher risk

• Good understanding of card scheme (Visa/Mastercard) requirements related to merchant monitoring and AML

• Experience drafting or updating procedures (SOPs) and contributing to monitoring rule setup or tuning

• Ability to take ownership of a new process from setup to day-to-day operation

• Performing quality investigations on customers’ financial behaviour that might be identified as money laundering, terrorist financing or tax evasion

• Understanding of Lithuanian and European regulation related to ML&TF risks

• Experience with third party tools ( Sanctions screening, transaction monitoring, ID verification, etc.)

• Attention to detail, organized approach and strong problem solving/facilitation abilities

• Willing to gain knowledge on a variety of business profiles and structures

• A team player while being able to perform assigned duties on your own

• Strong work organization and multitasking skills.

Would be an advantage:

• Experience launching or setting up AML monitoring for a new product

• Previous knowledge in conducting transaction analysis and monitoring reviews, deep investigations, and reporting suspicious activity related to money laundering and terrorist financing (SAR/STR filings), including wires and other unusual activities

• Certified Anti-Money Laundering Specialist (CAMS) certification

• Previous work experience in a FinTech company providing acquiring and alternative payment methods

• Crypto knowledge or previous work experience in Crypto exchange

We offer:

• Gross salary starting from 3000 EUR per month based on qualifications and experience

• Private health insurance (after probation period)

• Hybrid work model

• Opportunity for personal & professional growth while creating a globally relevant company in the fintech market

• More days off: 2 sick-days and 2 wellness days paid by company

• Training budget for up to 2000 Eur

• Excellent office environment

• Free delicious snacks & coffee in the office.

Only selected candidates will be contacted by our HR team.

If you would like to see more about Nexpay office life & culture – we invite you to check our LinkedIn page: www.linkedin.com/company/paynexpay/

All other career opportunities can be found here: https://paynexpay.com/careers. If you did not find a suitable position among current job openings, please send your resume to join@paynexpay.com for future opportunities at Nexpay.

Important information: by submitting your CV and other personal data, you consent that Nexpay, UAB (304708124, Žalgirio g. 114, Vilnius), would process your personal data in regards to the recruitment process. You can revoke your consent by contacting join@paynexpay.com.