Lawyer in AML/CTF area

4finance Group is one of Europe’s largest digital consumer lenders.

For more than 10 years we have been providing fast and convenient financial solutions in a digital world.

Leveraging automation and data-driven insights, 4finance provides convenient products in a responsible way. We offer various types of loans, designed to meet our customers’ needs.

At 4finance, we have an entrepreneurial mindset, strive for excellence, yet keep things simple. Our business is driven by leading edge technology and our talented people - the most important ingredient of our success. 4finance has created a supportive, rewarding and empowering environment, where employees can grow their talent. We are proud to have a global network of leading experts, who are driven by passion to deliver.

We love what we do!

Join our team! We are looking for a Lawyer in AML/CTF area in Riga HQ office!

Lawyer provides legal support to ensure compliance with AML/CTF regulatory requirements in 4finance Group Subsidiaries, improves and updates AML/CTF processes, documentation, trainings, prepares legal requirements for new business initiatives, follows up and reflects changes of regulatory requirements in AML/CTF processes, supports Subsidiaries in regulatory AML/CTF audits.

If you have experience with AML/CTF law, you strive for excellence and want to be a part of a highly professional team, this is a role for you!

Responsibilities:

• Maintain and improve existing AML/CTF framework, interact with local AML officers and case managers to discuss proposed changes in the AML/CTF framework
• Draft, improve and update AML/CTF related internal policies, procedures, risk assessment, training materials and other documentation
• Provide AML/CTF related legal support and prepare legal requirements to support relevant business changes or new business processes and initiatives incl. new product, market launches
• Using the tools provided by the company keep up with changes in regulatory requirements, support subsidiaries in making necessary changes to AML/CTF framework
• Ensure legal support to Subsidiaries in external inquiries and regulatory AML/CTF audits, communication with regulators, banks and other institutions
• Provide support to local AML officers and case managers to solve the most complex KYC/AML cases
• Ensure legal support in due diligence processes of 4finance Group companies and filling KYC questionnaires by legitimate parties’ requests (e.g. banks, auditors, business partners)
• Participate in governmental, ministries and associations working groups to represent consumers lending industry’s interests in developing new laws and regulations, prepare legal opinion and proposals on draft laws
• Participate and provide legal support to ensure regular AML/CTF risk assessment on Group and Subsidiary levels determining residual risks and identifying existing controls and necessary improvements and developing a gap mitigation plan

Required skills and experience:

• Good understanding of practical applications of AML/CTF regulatory requirements
• High sense of responsibility, detail-orientated and well-organized personality
• Conceptual problem-solving skills and critical thinking
• Ability to work independently, present and defend the results obtained
• Fluent English in written and verbal communication
• Excellent communication skills
• University degree in Law
• At least 3 years of experience in AML/CTF compliance area
• Experience in the FinTech or Banking industry would be considered as an advantage

We are offering:

• Challenging projects and opportunity to make a difference
• Employee development program to support you in your personal and professional development
• Health Insurance
• The best team and great colleagues
• Salary from 2500.00 EUR to 3300.00 EUR gross monthly depending on experience

Employment type: Permanent