About Volt 

 

When Volt launched in 2019, we recognised how open banking has the power to transform how businesses, wherever they happen to be, receive payments from their customers. So, we set about building an open payments gateway that enables merchants across the globe to receive direct, account-to-account payments – in real time.

Now, on the back of a record-breaking $23.5 million Series A funding round, we’re building an all-star team to achieve our goal of ‘real-time payments everywhere’.

 

About the role

 

As an AML/CTF Officer you will be responsible for overseeing Company’s AML/CTF systems and controls and monitoring the effectiveness of policies and procedures, to ensure that they remain adequately proportionate to the business and financial sector in which Volt operates. You will support the staff in conducting investigations on customer’s activity which might be related to money laundering and terrorist financing and will be the main point of contact with Bank of Lithuania and Financial Crime Investigation Service for AML/CTF related matters.



Key responsibilities

  • Maintain the Company‘s AML/CTF risk management policies and procedures, ensure they all are kept up-to-date,
  • Conduct company wide AML/CTF and sanctions risk assessments, including but not limited to quality assurance checks and assessment of new products, services and business projects,
  • Implement and manage customer risk assessment processes, including development of customer risk scoring methodology,
  • Be a local point of contact with Bank of Lithuania and Financial crime investigation service,
  • Investigate and provide analysis of any suspicious transactions in accordance with AML regulations and make all appropriate STR/SAR reporting to Lithuanian Financial crime investigation service,
  • Create AML/CTF trainings content and deliver trainings for company employees,
  • Serve as the on-site resource for regulatory and external body queries and responses,
  • Provide advice on AML/CTF and sanctions matters to products, operations and business colleagues,
  • Liaise with internal and external auditors and regulators to ensure that all requests and any issues are addressed in a timely and accurate manner,
  • Deliver periodic management information reports on AML/CTF risk management related matters,
  • Assist colleagues from other Volt entities on AML/CTF matters where required,
  • Escalate to management any regulatory and/or official external body related issues where necessary,
  • Participate in new and ongoing projects and initiatives and assist with any other matters required.

 

Relevant experience and skills

  • 5+ years of compliance experience in financial services industry, managing AML/KYC/Transaction monitoring teams,
  • Experience in conducting investigations of suspicious activities and transactions, fraud,
  • Knowledge of the regulatory environment and key financial crime regimes,
  • Experience with open banking solutions would be an advantage,
  • Certified by professional bodies such as Association of Certified Anti-Money Laundering Specialists (ACAMS) or holder of a Diploma in Anti-Money Laundering issued by the International Compliance Association (ICA) – is an advantage,
  • Fluent in English and Lithuanian, with outstanding written and verbal communication and interpersonal skills,
  • Able to analyze situations and information quickly, and confidently escalating issues to colleagues across teams where appropriate.

 

Why work at Volt?

  • In 2021, we secured $23.5 million in Series A funding – a record in the open banking space. We’re going places – fast,
  • We’re building new, game-changing tech that’s evolving at lightning speed. It’s energizing to be part of,
  • We champion ‘extreme ownership’ – being not just the owner of your own tasks, but a key member of a team united by, and accountable for, common goals,
  • Every occasion is a good reason for celebration; we organize Christmas parties and company retreats,
  • We care about our employees’ health, so you will be provided with medical insurance,
  • Time off - you’ll get 25 days’ holiday when you join, excluding bank holidays, plus an additional day off for your birthday,
  • Flexible working - we support remote and hybrid working and flexible start and finish times. You’re free to find your own rhythm,
  • If you want to work in a company with a great, start-up atmosphere, you don’t have to look further :) 

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