AML/Sanctions and Regulatory Compliance Officer (Asset Management & Pensions)

We are seeking an experienced AML / CTF / Sanctions and Regulatory Compliance Officer to join our team for Asset Management and Pension entities in cooperation with Luminor bank. This role will help strengthen the compliance framework, ensure adherence to applicable laws and regulations, and support a culture of regulatory excellence across the organization. Position is located in Vilnius, Lithuania, but responsibility is Pan-Baltic where agreement will be signed with all 4 Asset Management Companies.

• AML/CTF and Sanctions Compliance officer’s objective is to assure proper oversight of outsourced AML / CTF and Sanctions screening services and appropriate AML / CTF and Sanctions framework for all Luminor group pension entities by participating in all the processes in AML / CTF and Sanctions area (KYC, AML compliance, entity wide risks assessments, reporting, regulatory interactions and other)
• Assuring appropriate internal regulation framework in AML / CFT and Sanctions area for pension entities in cooperation with Luminor bank, ensuring regular ML/TF and Sanctions risk assessments for pension entities as part of group wide process
• Contributing to the development of pension funds and other products, keeping strong knowledge of pension product and distribution of it to be able to challenge reports and other information provided by the Luminor bank
• Assess, oversee, and challenge governance, processes and controls designed and implemented by the first line to manage compliance risk in the assigned conduct areas
• Collaborate with other Luminor Group units to manage identified compliance gaps, issues and risks and follow up on implementation of the remediation action plans and Compliance recommendations
• Oversee and execute various regulatory and compliance projects in the assigned areas
• Securing fluent communication with respective supervisory authorities in designated areas

• 3+ years of experience in financial services industry (preferably asset management) in AML area
• Strong knowledge of AML/CTF legislation, sanctions regimes, FATF recommendations and relevant regulatory expectations in the UK/EU
• Analytical mindset, attention to detail and ability to make risk-based judgements with excellent communication and stakeholder management skills. Including, ability to draft concise regulatory reports
• Relevant professional qualifications (e.g., ICA, ACAMS, or equivalent) or demonstrable compliance training would be consider as an advantage
• Fluent English and local language is required in spoken and written communication due to working on the Pan-Baltic level

• Flexible working hours, Hybrid work, and the possibility to work from anywhere in the EU, Iceland, Switzerland, and the UK (in total 90 days per year)
• Teams that go outside Pan-Baltic borders, where people value challenging work together with good humor and having fun
• You’ll be joining a team where things move fast, ideas flow freely, and change is part of the everyday. It’s a dynamic environment that keeps you learning, growing, and never bored
• Additional weeks of vacation are available to all employees who have been in the company for 1 year or more
• We care about giving back to society, therefore, you will get additional days off for volunteering purposes
• Luminor offers 30 fully paid calendar days for military training every year
• A competitive benefits package in addition to your salary that includes health insurance after the first 3 months pass in all three Baltic states, as well as Health days in case of your absence due to sickness without a doctor's note needed
• Access to tools and resources that help you feel good and be productive at work and in life
• Internal and external training programs, LinkedIn learning, workshops, conferences, online training, etc
• Enjoy special offers & pricing for products and services provided by Luminor