Money Laundering Reporting Officer (MLRO), Georgia

Key Responsibilities

• Develop, implement, and maintain the company’s AML/CFT framework.
• Monitor payment transactions, investigate alerts, and report suspicious activity (STRs/SARs) to the Financial Monitoring Service of Georgia.
• Oversee the customer complaints process, coordinating with internal teams to ensure timely responses, and engage when complaints indicate potential AML/CFT risks.
• Conduct customer, product, payment channel, and jurisdictional risk assessments; implement risk mitigation measures.
• Oversee CDD, EDD, and ongoing due diligence processes.
• Design and continuously improve the KYC onboarding journey, including Customer Risk Assessment (CRA) methodology.
• Ensure AML/CFT controls are embedded in payment operations, including fraud prevention and strong customer authentication.
• Ensure compliance with PSP licensing and ongoing regulatory obligations.
• Act as the primary liaison with regulators and manage inspections, audits and regulatory reporting.
• Maintain records of audits, investigations and remediation actions, ensuring all cases are tracked and auditable.
• Deliver AML/CFT training across the organization.
• Regularly assess the effectiveness of the AML/CFT framework, identify gaps in policies, procedures, and systems, report findings to senior management, and propose practical action plans to remediate deficiencies.
• Update internal controls in line with regulatory changes and emerging financial crime risks.

Requirements:

• Bachelor’s degree in Law, Finance, Economics, or a related field; AML/CFT certifications (e.g., CAMS) are highly preferred.
• Minimum 5 years of AML/CFT compliance experience within a regulated financial institution, ideally within a PSP.
• Strong knowledge of Georgian AML/CFT legislation and regulatory requirements, as well as FATF standards.
• Practical experience designing and implementing risk assessment methodologies and KYC/EDD frameworks.
• Familiarity with payment operations, fraud prevention, and strong customer authentication.
• Proficient in AML systems, KYC tools, and case management for investigations and remediation.
• Strong analytical, investigative, and problem-solving skills, with attention to detail.
• High level of integrity and professional independence, with the ability to engage confidently and effectively with regulators and senior management.