Design, implement, and maintain an effective AML/CTF compliance program that aligns with local and
international regulations, ensuring that all company activities, particularly payment services, are fully
compliant.
- Conduct regular risk assessments of the company’s products, services, and customer base to identify
potential risks related to money laundering and terrorist financing and reporting suspicious activities to
the appropriate authorities (e.g., the Financial Crime Investigation Service in Lithuania).
- Act as the primary point of contact with local regulators and financial authorities, managing all
communications and ensuring that the company’s practices meet regulatory expectations.
- Develop and update AML/CTF policies and deliver regular training programs to ensure awareness of
company’s compliance obligations and conduct internal audits and reviews to assess the effectiveness of
AML/CTF controls.
- Prepare and submit regular reports to the board of directors and senior management on the status of
the AML/CTF program, including key risks, incidents, and mitigation strategies.
(This is a 3-6 months Contract)