Chief Compliance Officer (CCO)

About the Client

Our client is a Latvia-based regulated financial services company building its operations within the European payments ecosystem. The company operates in a highly regulated environment and is developing its governance, compliance and risk management functions in line with Latvian and EU regulatory requirements.

Role Overview

We are looking for an experienced Chief Compliance Officer (CCO) to join the Management Board of a regulated financial services company in Latvia.

The CCO will hold Board-level responsibility for the company’s compliance, AML/CTF/PF and sanctions framework, working closely with the Management Board, MLRO, Compliance function and regulatory authorities.

Key Responsibilities

• Lead and oversee the company’s AML/CTF/PF, sanctions, and regulatory compliance framework.

• Supervise the Compliance and MLRO functions, ensuring their independence and effectiveness.

• Oversee AML policies, risk assessments, customer risk methodology and the annual compliance plan.

• Act as a senior point of contact with Bank of Latvia, FIU Latvia, and other regulatory authorities.

• Ensure compliance with applicable Latvian and EU regulatory requirements, including PSD2, EMD2, NILLTPFN Law, DORA and GDPR.

• Provide regular AML, compliance, and regulatory risk reporting to the Management Board.

• Oversee high-risk customer and partnership approvals where required.

• Lead the response to material compliance, AML or sanctions incidents and regulatory breaches.

Requirements

• Senior experience in Compliance, AML or Financial Crime within a regulated financial institution.

• Strong knowledge of AML/CTF, sanctions and financial services regulation.

• Good understanding of Latvian and EU regulatory requirements.

• Experience interacting with regulators and competent authorities.

• Experience working at senior management or Board level.

• Strong knowledge of compliance governance, risk management and regulatory reporting.

• Professional English; Russian and Latvian would be a strong advantage.

Key Soft Skills

• High integrity and independent professional judgement.

• Strong ownership and accountability.

• Confident communication with regulators and senior stakeholders.

• Structured and risk-based decision-making.

• Strong leadership and stakeholder management skills.

What We Offer

• Competitive salary aligned with experience

• Collaborative and transparent team culture

• High-impact role in a scaling fintech company

• Recognition of personal milestones and achievements

• Social benefits