finmid
Compliance & AML Manager
finmidLatvia9 hours ago
Full-timeRemote FriendlyLegal
About Finmid

At finmid, we’re building infrastructure that seamlessly integrates access to capital for SMEs directly into the platforms they use daily. We leverage technology, data, and strategic partnerships to deliver financing solutions that significantly outperform traditional financial services, offering SMEs faster, simpler, and more transparent access to funding. As we expand across Europe, our Latvian subsidiary plays a critical role in achieving our mission of transforming SME financing through novel solutions to deliver a 10x better product than what banks offer.

About The Opportunity

We are looking for a Compliance Manager to lead our compliance & AML function for our subsidiary in Latvia that is licensed as a European Crowdfunding Service Provider by Bank of Latvia. As a key team member, you will be responsible for navigating regulatory and legal frameworks, providing strategic advice, and ensuring compliance with Latvian and European regulations and laws. This role offers an exceptional opportunity to shape the compliance strategy of a fast-growing fintech that is redefining access to capital. You will be supported at all times by our legal team based in Berlin.

In this role, you will

  • Enhance and further develop the compliance function within the Latvian entity. You can build on existing structures or remodel where you feel it’s needed, so you have a lot of freedom in how you want to tackle this challenge.
  • Establish and oversee all compliance & AML operations in Latvia, ensuring alignment with European regulations and local legal requirements.
  • Provide strategic input and advise the senior management team on legal and regulatory risks associated with our services, corporate governance, and strategic initiatives.
  • Ensure that our Group’s Latvian operations are in compliance with the Bank of Latvia’s and European requirements, including ongoing oversight of any licensing requirements and reporting obligations.
  • Draft and implement policies and procedures to manage legal risks, data protection, and conflicts of interest.
  • Act as the primary point of contact for regulatory inquiries as needed.

What You Need To Be Successful (requirements)

  • Background in Professional Services: 2-3 years of previous work at a consulting firm, law firm, or financial services provider.
  • No Extensive Compliance Experience is needed: While previous exposure to compliance or financial services-related issues is surely of help, we do not believe they are a must-have. We value smartness, curiosity, and dedication over bullet points on a CV.
  • Curiosity for Financial Regulations: Your goal is to develop a solid understanding of Latvian and European financial & AML regulations and a keen ability to navigate compliance requirements.
  • Educational Background: Either (i) a Bachelor’s degree in finance, risk management, business administration, or a related discipline, or (ii) a law degree from Latvia is required.
  • Policy & SOP Expertise: Ability to draft and develop internal legal & compliance policies and SOPs in precise language.
  • Communication and Analytical Skills: Excellent verbal and written communication skills with the ability to convey compliance concepts to non-legal stakeholders.
  • Regulatory Strategy: Strategic thinker with the ability to align compliance & AML considerations with business objectives and long-term growth.
  • Adaptability and Initiative: Willingness to operate in a fast-paced, evolving environment with a proactive approach to problem-solving.
  • Balanced Vision: Skilled at aligning immediate business needs with long-term strategic goals, ensuring sustainable growth.

Benefits

  • Though generally we see ourselves as “distributed first”, this role is based out of Latvia, where you can work remote or on-site.
  • We are flexible and cover whatever you need to be as productive as possible.
  • Home office stipend.
  • 30 days time off.
  • Meaningful equity.
  • Open-minded and transparent culture that includes regular get-together meetings (e.g., All Hands, Brown Bag Lunch, Offsites)

We're looking for people with passion, grit, and integrity. You're encouraged to apply even if your experience doesn't precisely match the job description. We welcome diverse perspectives and people who think out of the box and aren't afraid to challenge assumptions. Join us.

Apply