Legal & Compliance

Description

Nayax Europe is looking for a Money Laundering Reporting Officer to join the Legal and Compliance team in our Vilnius office. Nayax Europe is the regulated European payment processing arm of Nayax Ltd. (listed on TASE and NASDAQ stock exchanges).

IN THIS POSITION YOU WILL:

• Implement an effective AML compliance program, including regular review and updates of company’s AML policy and related documents and procedures, various KYC related processes improvements; 
• Work closely with group AML/CTF teams in Nayax and outsourced services providers and providing advice to them, clients, sales people on KYC onboarding process;
• Handle client complaints, queries re. KYC onboarding;
• Represent the company as a MLRO and, when needed, perform SAR filing and various other regulatory reporting
• Work actively as a team member, contribute to development of AML/CFT related controls (transaction monitoring scenarios, customers risk scoring, EDD/ODD processes, etc.), regarding AML/CTF related queries (KYC, CDD, transaction monitoring, internal governance etc.) and other ad hoc requests 
• Manage customer Due Diligence of complex cases, design and enhance CDD and EDD processes to maintain high automation rates, fraud and AML controls, scorecards for assessing and monitoring 
• Perform real and post transaction monitoring activities
• Proactively audit AML processes, practices, and document to ensure quality and process improvements, to identify trends, patterns, risks, deviations from the norm, suggest mitigating and implement remedial actions 
• Perform all the tasks and actions related to Sanctions requirements implementation
• Carry out regular money laundering risk assessments (company-wide and of individual clients) 
• Conduct an annual assessment of training and awareness needs, and implementing, together with the Head of Compliance, an effective training program for the group and external KYC providers
• Manage the relationship with the local FIU and respective function of Bank of Lithuania, including submission of suspicious activity reports (SARs), responding to KYC-related queries
• Provide regular updates (preparing reports) to the Management Board on AML/CTF
• Analyze the base and categories of company’s clients, segregate clients into different groups, clients and financial services changes and future / growth trends

Requirements

WE ARE LOOKING FOR SOMEONE WITH:

• University degree in Law, Economics, or Business administration or similar 
• 3+ years of related working experience in financial sector or finance team of a law firm
• Experience in AML area/ KYC and knowledge of national and EU financial services and AML/CTF regulations, international sanctions regimes
• Proactive, “can-do” attitude, organizational and analytical skills, accuracy and strong problem-solving, interpersonal skills 
• Ability to handle multiple projects, work under tight deadlines and with sensitive information; 
• Full professional proficiency in Lithuanian and English languages (knowledge of other European languages would be an advantage); 
• AML certification, attendance of qualification courses is an advantage
• Residing in Lithuania (regulatory requirement)

Gross salary range – 5,600-6,600 Euro, to be determined depending on the level of experience and competencies.

Who we are

Nayax is a global commerce enablement and payment platform designed to help merchants scale their business. Our mission is to improve our customers’ revenue potential and operational efficiency.

Join our growing team and make an impact!

Nayax is constantly growing and we are always on the lookout for enthusiastic, innovative and eager individuals to join us in our growth!