Risk & Compliance Officer (RCO), EMI

Our client is a fast-growing Electronic Money Institution (EMI) headquartered in Vilnius, has German roots, and has been serving international clients with payments and financial services since 2020. They operate in a higher-risk (no crypto), high-impact environment having compliance as a cornerstone of their operations.

We are looking for an experienced, independent, and structured Risk & Compliance Officer (RCO) to lead the Risk and Compliance function and support the companys evolving regulatory and business landscape.

The mandate

The RCO is a key control function holder, responsible for the effectiveness of organization risk management and compliance frameworks, acting independently and reporting directly to the Board. The RCO has full authority to escalate risks, recommend corrective actions, and ensure alignment with EU and Lithuanian regulatory requirements.

Key Responsibilities

• Lead and continuously improve the companys risk management and compliance frameworks across all business areas.
• Oversee regulatory compliance, including fraud, payments regulation, internal policies, and governance requirements.
• Conduct risk‑based compliance monitoring, identify gaps, and drive timely remediation.
• Provide clear, structured risk and compliance reporting to the Board, escalating material issues when necessary.
• Act as the main point of contact for regulators (BoL, FCIS); facilitate internal audits and regulatory submissions.
• Maintain functional independence with full access to necessary data, systems, and staff.
• Advise the CEO and business teams on regulatory and risk matters, including new products and operational changes.
• Ensure company‑wide training and awareness on compliance, conduct, and internal control topics.
• Collaborate with MLRO, Sanctions Officer, DPO, ISO and Internal Audit to maintain robust governance.

About You

• Based in Lithuania, fluent in Lithuanian and English
• 5+ years of experience in Risk Management, Compliance, AML/CTF, or similar roles in EMI, FinTech, PSP, or banking environments
• Strong command of EU and Lithuanian regulatory frameworks
• Proven experience working with supervisory authorities
• Demonstrated ability to operate independently and influence senior stakeholders

Why join

• A key leadership role shaping the companys risk and compliance environment
• Hybrid work model (Vilnius-based), 2 days office, 3 days remotely
• Strong independence and direct visibility to the Board
• Opportunity to build and modernize risk and compliance systems during a scaling phase
• Competitive compensation and peer support