AML Compliance Director (Board Member)

About the client Our client is a well-established and reputable payment provider that has recently been authorised as an Electronic Money Institution (EMI) in Latvia and is now launching its local operations. In addition to Latvia, the company successfully operates across several other jurisdictions and has built a strong reputation in the payments market through a compliance-led and sustainable business model. About the role We are looking for a Board Member responsible for AML and Risk who will play a key role in launching and shaping the company’s operations in the Baltic region. This is a senior governance position with direct influence on strategic decision-making, regulatory engagement, and the overall tone and direction of AML and risk management within the organisation. The role requires close interaction with the regulator, active participation in Board-level decisions, and leadership in defining the company’s AML and risk strategy in Latvia. Key responsibilities Act as a Board Member with direct responsibility for AML and risk oversight Lead and shape the AML and risk strategy for the launch of operations in Latvia and the Baltics Set the tone of voice and governance standards for AML, compliance, and risk management Build and maintain strong relationships with the Latvian regulator and other supervisory bodies Participate in key strategic and operational decisions at Board level Oversee AML, compliance, and risk frameworks to ensure alignment with local regulatory expectations Support the company’s long-term growth while ensuring regulatory integrity and sustainability Requirements 5+ years of experience in senior leadership or management roles related to AML, compliance, or risk Proven leadership experience with responsibility for teams, strategy, or governance functions Mandatory experience working with corporate clients in Latvian banks or fintech companies Strong background in regulated environments and interaction with regulators in Latvia Experience in regulated roles and direct communication with supervisory authorities in Latvia is a strong advantage Fluent English and Latvian Permanent residence in Latvia Soft skills Strong leadership presence and ability to influence at Board level Strategic mindset with a deep understanding of regulatory and business priorities Confidence in decision-making and representing the company externally High level of integrity, professionalism, and independence If you are an experienced AML or risk leader with strong regulatory credibility in Latvia and are ready to influence strategy at Board level, we would be glad to discuss this opportunity with you.