About the Client

Our client is a global player in payment processing, offering comprehensive payment infrastructure solutions. They provide services such as payment acquiring, BIN sponsorship, white-label card issuing, and digital banking platforms. Their clientele includes merchants, fintechs, and banks worldwide, catering to a diverse and international market.

Role Overview

We are looking for an experienced AML Specialist with a focus on Client Onboarding, who will be responsible for the end-to-end onboarding process — assessing, screening, and approving new clients in line with AML/CFT requirements. This is not an entry-level role: we're looking for someone who already has hands-on experience in onboarding and/or monitoring, either in a classic bank or in a payment/fintech environment, and is ready to take ownership from day one.

Key Responsibilities

• Conduct full onboarding due diligence on new corporate/business clients (CDD/EDD), including identity verification, source of funds/wealth checks, and risk assessment.

• Perform sanctions, PEP, and adverse media screening as part of the onboarding process.

• Assign and validate client risk ratings based on internal risk-based approach (RBA) methodology.

• Identify red flags, escalate high-risk cases, and make risk-based decisions on client acceptance.

• Liaise with Sales, Account Management, and Legal teams to clarify client structures, UBOs, and business activities.

• Maintain accurate and complete onboarding documentation in line with internal policies and regulatory standards.

• Support periodic and event-driven KYC reviews as part of ongoing monitoring.

• Contribute to the continuous improvement of onboarding procedures, checklists, and risk methodologies.

Requirements

• Minimum 3+ years of hands-on experience in AML onboarding and/or transaction monitoring, gained in one of the following:

  • a classic bank (corporate/retail onboarding or monitoring), or

  • a payment institution / EMI / PSP / fintech (onboarding or monitoring of merchants, agents, or end clients).

• Proven track record of independently handling CDD/EDD cases, including complex corporate structures and UBO identification.

• Excellent communication skills in a multicultural environment.

• Languages: English C1, fluent Russian and Latvian.

• Experience working in a regulated fintech, EMI, or payments environment is highly preferred.

Key Skills

• Strong analytical skills and ability to spot red flags in client structures and documentation.

• Confident, independent decision-maker — comfortable owning onboarding decisions without constant supervision.

• High attention to detail and ability to manage a high volume of cases within SLA deadlines.

• Strong communication skills, able to clearly explain decisions to internal stakeholders and, where needed, to clients.

• Comfortable working in a fast-paced, multicultural, and rapidly scaling environment.

What We Offer

• Hybrid work model based in our Riga office, with flexibility to work remotely part of the week.

• The opportunity to join a well-established, reputable company with a strong, proven presence in the market.

• Fast-track growth opportunities — develop your career alongside an experienced, supportive team in a scaling fintech environment.

• Exposure to international AML practices and cross-border compliance challenges.

• Collaborative, dynamic work culture where your input directly shapes compliance processes.

• Competitive salary and benefits package, in line with experience and market standards.

• Recognition of personal milestones and achievements

• Social benefits