Money Laundering Reporting Officer, Lithuania-based

Description

SAPI’s mission is to build the lending infrastructure for the web. We are a FinTech that enables payment companies to offer custom, white-labelled business financing to their business customers. Our partnerships are a win-win for both payment companies and their sellers, as we offer payment companies the opportunity to improve their recurring revenue with no cost, while providing their business customers with attractive loan terms and fast funding. We are well-funded and backed by several famous angels, unicorn founder-turn-investors and many of the UK and Europe’s top venture funds.

SAPI is looking for a Money Laundering Reporting Officer (MLRO) who will work at our Lithuanian entity. We are highly invested in you. Besides attractive compensation, our priority is that the work and opinions of our MLRO will be treated with equal importance as the founders themselves. The role carries a significant high-risk, high-reward nature. Join us in building a leading credit API for a £7 trillion dollar market while enjoying a fun, challenging, and rewarding journey.

About the role

• Responsible for acting as SAPI’s Money Laundering Reporting Officer (MLRO), developing and maintaining the appropriate policies, procedures and processes.
• Oversee client onboarding for the Lithuanian entity and lead effective identification, control and management of firm’s high risk client segments.
• Key internal and external point of contact for Suspicious Activity Reports.
• Lead the embedding of relevant tools to ensure that the firm can identify and manage financial crime risks.
• Support the development of SAPI’s financial crime training program.
• Support AML audit activities for the Lithuanian entity.
• Produce MI packs quarterly and an Annual MLRO report for senior management of the Lithuanian entity.

Requirements

General Requirements

• Currently based In Lithuania
• The ideal candidate has previously been approved as MLRO or has the qualities required to be approved
• Experienced with supporting the development of financial crime processes: KYC (client onboarding and ongoing), customer screening or transaction monitoring
• Has completed financial crime training and is willing to complete a financial crime qualification within the first six months of assuming the role
• Professional and proactive
• Passion for learning and growing in a fast-moving startup environment

Not required, but great to see

• Previous experience in FinTech

Culture fit

Our ideal fit is someone with an entrepreneurial spirit. This means:

• You have the experience
• You crave ownership
• You’re okay with ambiguity
• You’re multidisciplinary
• You operate at light speed

Benefits of a MLRO

• Experience with an early stage fintech
• Competitive salary and company benefits
• Opportunities for personal development and focused career training
• Sponsorship for the ICA Certificate (International Compliance Association)
• Work anywhere, anytime: Flexible working hours/arrangement, and remote
• Other year-round perks such as merchandise, gifts and team trips
• A proven, well-funded business with strong exponential growth
• Autonomy, ownership and decision-making capabilities from day one
• A dynamic and motivated team, working in a fun and positive environment
• A company with integrity and a second, caring family