Money Laundering Reporting Officer (MLRO)/Compliance Officer

Money Laundering Reporting Officer (MLRO)/Compliance Officer

  • Job type: Nuolatinis, Visas etatas
  • Location: Vilnius
  • Application deadline: 2020-06-30

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Luminor Group

Luminor is a contemporary, new-generation bank and financial services provider in Estonia, Latvia and Lithuania with a local understanding of its home markets and customer needs. Built on the extensive experience of the two leading Nordic banks and a corporate partnership with a global investment firm - Blackstone, Luminor is the third-largest financial services provider in the Baltic region. With its customer base of 1.3 million clients and its team of over 2500 professionals, Luminor aims to become a leading financial services provider for Baltic businesses and entrepreneurial people.

Join us and become our newest team member making the change and advancing the world of banking!

Make the change as a Money Laundering Reporting Officer (MLRO)/Compliance Officer

The Money Laundering Reporting Officer will be joining the Luminor Money Laundering Reporting Office. Whichis responsible for analysis and investigation of suspicious activity which is potentially related with Money Laundering and Terrorist Financing, reporting it to Financial Intelligence Unit, as well as maintaining relations with Financial Intelligence Unit, guiding organization and providing trainings on current and new trends of suspicious activity. The role also contributes to proactive compliance risk management and development of sound ethics and compliance culture in Luminor Group.

Responsibilities:

• Collection of data, analysis and investigation of cases escalated by other units;
• Decision making regarding escalated cases whether a suspicious activity report should be reported to the local Financial Intelligence Unit;
• Taking part of Customer Risk Committee meetings and providing a compliance opinion, where applicable;
• Overall collaboration with the local FIU, follow-up on SARs, assurance of answering requests from the FIU;
• Responsibility for qualitative and timely answers of requests from correspondent banks and regulators related to customer’s transactions and activity;
• Guidance to other units during the investigation of unusual and complex cases;
• Preparation of internal procedures and documentation within AML/CFT area including improvement of quality and efficiency of Compliance function;
• Guidance and training within Luminor AML/CFT policy, standards and procedures as well as laws and regulations;
• Managing other Compliance area tasks in accordance with laws and regulations or based on the requests of Chief Compliance officer.

Additionally:

Focus on continual service improvement through identifying enhancements to current processes and procedures, proactive learning, sharing information and updating the knowledge repository to exceed customer expectations

Skills and Experience:
• Higher education (law, economics, business administration or similar);
• Strong investigation and suspicious activity identification skills, extensive knowledge of AML/CFT and Sanctions (3+ year experience in this area);
• Experience in SAR reporting is strongly preferred;
• Initiative, ownership and driving results with energy and positive attitude;
• Excellent communication and interpersonal skills;
• Pro-activeness and commitment to results;
• Willingness to learn, high level of self-motivation;
• Ability to independently manage one’s job;
• Good time management skills;
• Advanced level of English, fluency in Lithuanian language.


Why Luminor? What we can offer you:

• Dynamic and International working environment that is filled with interesting challenges and opportunities as we build and innovate a new bank together;
• Varied opportunities to support your professional and personal development and growth;
• A competitive benefits package in addition to your salary;
• An additional benefits package for employees after 1 year in the company, which includes additional days of vacation;
• A collaborative and supportive team where you can create and implement ideas;
• A salary range for this position starting from 2000 Eur (Gross*), which is to be determined depending on the level of experience and competencies of the selected candidate;


In case of questions please feel free to contact the hiring manager Hannes.Oja@luminorgroup.com or our junior people partner: Vikante.Rackauskaite@luminorgroup.com.

Please be informed that only suitable candidates will be contacted.