Junior Compliance & Risk Officer

General Role Description

Junior Compliance & Risk Officer is responsible for supporting the implementation and daily operations of the internal control system and compliance with AML requirements, including KYC (Know Your Customer) and KYB (Know Your Business) processes.

This role involves executing routine tasks related to onboarding and periodic monitoring of clients, transaction screening, sanctions checks, incident management, and suspicious activity reporting under the supervision of senior team members.

The specialist contributes to ensuring compliance with regulatory requirements and internal company standards (FATF, AMLD, PSD2, GDPR, etc.), while developing professional skills in financial compliance and risk management.

Key Responsibilities (include but are not limited to):

Compliance Policies and Procedures Implementation

• Assist in applying internal AML policies and KYC/KYB procedures
• Support the implementation of a risk-based approach
• Collect, review, and conduct preliminary verification of customer KYC/KYB documentation

Client and Partner Onboarding

• Participate in KYC/KYB processes for individuals and legal entities
• Conduct initial review of documentation packages and prepare information for senior officers
• Work with remote identification platforms
• Monitor the accuracy and completeness of customer data in internal systems

Sanctions Screening

• Assist with customer screening against sanctions lists
• Help analyze and classify alerts
• Work with external databases and tools to identify potential risks

Monitoring and Reporting

• Support customer activity monitoring and detection of suspicious transactions
• Contribute to the preparation of internal reports and registers
• Assist in drafting Suspicious Transaction Reports (STRs) under Compliance & risk Officer & MLRO supervision

Cross-Departmental Support and Communication

• Collaborate with Sales, Customer Service, Legal, and other internal teams
• Update documentation and client data in internal systems
• Help maintain the compliance knowledge base

Training and Development

• Participate in internal AML and sanctions compliance training
• Learn international and national compliance practices
• Prepare for professional certifications (e.g., CAMS, ICA) as part of a personal development plan

Education

• University degree (or final year) in Law, Finance, Economics, Risk Management, or a related field
• Basic AML/Compliance training is an advantage
• Fluent in Russian and Latvian; good command of English

Experience

• 1+ years of experience in compliance, legal, or financial control (including internships)
• Experience in fintech, banking, PSP, or other regulated industries is a plus
• Knowledge of KYC/KYB principles, AML fundamentals, and risk assessment

Skills and Competencies

• Attention to detail, responsibility, and eagerness to learn
• Strong documentation and organizational skills
• Basic understanding of data protection and financial regulation
• Team player, proactive, ethical, and reliable
• Proficient in office applications and basic compliance tools (CRM, databases, ticket systems)



• Work in a fast-growing fintech company
• Mentorship and support from leadership and the team
• Opportunities for professional growth and development
• Involvement in improving internal processes
• Modern office in the city center