Money Laundering Reporting Officer

About Windcave

Windcave is a high-growth and innovative global leader in payment technology delivering a range of secure solutions to major corporate, banking, and SME clients globally. Processing over £30 Billion worth of transactions per year, we are one of the largest integrated POS terminal and e-commerce switching providers. With an impressive global presence, we have regional offices in USA, UK, Australia, New Zealand and Lithuania.

The company is profitable and growing; the reason being we put a strong emphasis on the idea of security because our products provide critical services to customers. Our overall goals are reliability and flexibility, even when cost remains a factor. From a single product introduced in 2009, the company now develop, engineer, implement, and market a growing range of products meeting the highest PCI payment security standards. The products demand constant enhancement and extension, driven by real end user requirements.

Valuing diversity is essential to our work. We aim to act in accordance with and promote equality legislation by avoiding unjustified discrimination and recognising discrimination as a barrier to equality of opportunity, inclusion and human rights. All Windcave employees are required to ensure their behaviour is consistent with our policies. Windcave is committed to a policy of equal opportunity and is keen to reflect diversity at every level within the organisation.

If you are searching for an exciting career with an organisation that is experiencing tremendous growth and offers enormous career development opportunities, then we invite you to join us!

The Role 

As the Money Laundering Reporting Officer (MLRO) for Windcave, you will oversee and maintain the AML/CTF program according to the laws and regulations of the Republic of Lithuania.  You will organize the implementation of measures for the prevention of ML/TF, international sanctions and measures for the fraud prevention, and ensure co-operation with all the local authorities.

Main Responsibilities 

• Prepare Company policies, programs, processes, procedures, answer authorities’ questions, inquiries, letters in the matters of AML/CTF.
• Maintain company AML/CTF program in accordance with ongoing legislation changes, regulatory recommendations, and industry best practices on AML/CTF, KYC, CDD, Transaction monitoring PEP and sanctions screening, fraud prevention and other AML/CTF matters.
• Prepare of quarterly/yearly and ad-hoc AML/CTF related reports to the regulatory authorities and internal stakeholders.
• Act as Company’s sanctions and fraud prevention officer and organize the implementation of measures for sanctions compliance and the prevention of fraud
• Train, oversee and monitor the performance of the KYC and Transaction monitoring team members in the matters of AML/CTF.
• Participate in internal and external audits and provide support in the matters of AML/CTF
• Drive organisation-wide awareness and deliver ongoing training on AML systems, policies, and procedures

Core Competencies 

• Post-graduate qualification in law, financial services, business. Relevant industry certifications preferred.
• 4+ years of experience working in AML/CTF, compliance, and risk management field
• Practical knowledge of compliance with Bank of Lithuania and Financial Crimes Investigation Service (FNTT) regulations;
• Fluency in English and Lithuanian language;
• Ability to work effectively with internal team members as well as external stakeholders;
• Ability to communicate with authorities, other stakeholders;
• Experience with internal and external audits;
• Technical knowledge or experience with financial systems, networks, or payment technology is a strong advantage
• Have good reputation, honesty and integrity to perform his/her functions;

Position Offer

Salary range: 5,200 – 5,800 eur (gross) per month

This is what you can expect working with us:

• Opportunities to grow and advance your career in the Technology & Payments industries
• Hybrid work option - 3 days’ work from office (Monday, Tuesday, Friday) and 2 days’ work from home
• Team building social activities throughout the year
• Supply of snacks and beverages when you work from the office
• Performance rewards
• Diverse, energetic and friendly team environment

Don’t meet every single requirement? Studies have shown that women and people of colour are less likely to apply to jobs unless they meet every single qualification or criteria. At Windcave, we are dedicated to building a diverse and inclusive workplace and culture, so if you’re excited about this role but your experience doesn’t align perfectly with every qualification in the job description, we encourage you to apply anyway. You may be just the right candidate for this or other roles.

Recruitment Process

We review applications on an individual basis. If you seem like a good fit, we will arrange an initial phone call. If the initial call was a success we will settle on a date and time that works for you best and invite you for an interview at our office in Vilnius or virtually over Teams. This is an opportunity for you to see if you would love to work with us and for us to see if you could become a part of the team.

We value open and honest conversations and are committed to making you feel as comfortable as can be throughout the entire process.

Compensation5,200 - 5,800 Gross