AML Specialist — Onboarding / Ongoing Monitoring

We’re hiring for a fast-growing international fintech company providing modern payment and acquiring solutions to businesses across Europe.

As the Compliance team continues to expand, we’re looking for an AML Specialist to focus on either Merchant Onboarding or Ongoing Monitoring, depending on the candidate’s experience and expertise. This role offers the opportunity to work with corporate clients and develop deeper expertise in AML and regulatory compliance within the payments industry.

We are primarily looking for a mid-level professional but are also open to motivated junior candidates with relevant experience and a strong willingness to learn.

What You’ll Do

• Conduct AML/KYC and KYB checks on corporate clients, reviewing company structures, beneficial ownership, corporate documentation and business activities.
• Assess merchant risk profiles, identify potential red flags and ensure compliance with internal AML policies and applicable regulatory requirements.
• Review merchant websites, business models and supporting documentation, including compliance with relevant Visa and Mastercard requirements.
• Perform background research using internal systems, public registers and OSINT sources.
• Depending on your area of responsibility, conduct enhanced due diligence during merchant onboarding or perform ongoing monitoring and periodic reviews of existing merchants.
• Investigate inconsistencies, document findings and escalate higher-risk or suspicious cases to senior Compliance colleagues.
• Work closely with Account Management, Risk and other internal teams to support compliant merchant relationships.
• Maintain accurate records and contribute to the continuous improvement of AML processes and procedures.

What You’ll Bring

• 2+ years of experience in AML/KYC, Compliance or a related function, preferably within a fintech, payment service provider or acquiring company.
• Practical experience working with corporate clients, including reviewing legal entity documentation, ownership structures and beneficial owners.
• Good understanding of AML/KYC requirements, customer due diligence and risk-based approaches.
• Experience in merchant onboarding, enhanced due diligence or ongoing monitoring.
• Strong analytical and research skills, attention to detail and the ability to identify potential compliance risks.
• Fluency in English, both written and spoken.
• Ability to work independently, manage priorities and communicate effectively with colleagues across different departments.

Why Join

• Competitive salary: up to €2,000 net/month, depending on experience.
• Hybrid work model with 52 remote working days per year after probation.
• Modern, spacious office in Riga.
• Complimentary lunches and free parking.
• Comprehensive health insurance, including dental care and sports reimbursement.
• Company-funded professional training and opportunities to attend international conferences, including SiGMA and ICE.
• Two major corporate events per year and regular team-building activities.
• Supportive, professional team with opportunities for career growth and development.

Interested? Let’s talk. Reach out and we’ll share more about the company, the setup, and next steps.