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Payhawk Financial Services UAB (PFS UAB) is a licensed Electronic Money Institution (EMI) in Lithuania. As the Director of Compliance, you will be responsible for ensuring the compliance function within PFS UAB, overseeing current processes, and driving the implementation of new ones. The successful candidate will work as an integrated part of our global Compliance team, leveraging the broader organization and its resources to maintain an effective compliance and risk program and ensure that we meet all regulatory obligations.
Job Responsibility:
Ensure the company’s full compliance with Lithuanian and EU regulatory frameworks, including ongoing monitoring of legal developments and regulatory obligations
Develop, implement, and maintain internal compliance policies and procedures tailored to local regulatory requirements
Identify, assess, and mitigate compliance risks through periodic internal reviews and structured risk assessments
Conduct internal compliance audits and lead readiness efforts for external inspections
Serve as the primary point of contact for local regulators, handling inquiries, inspections, and maintaining up-to-date licensing and authorization documentation
Collaborate with cross-functional teams (legal, operations, risk, audit) to embed compliance practices into business operations
Deliver regular training sessions and awareness initiatives to ensure employees understand their regulatory responsibilities
Promote a strong compliance culture across the organization through ongoing education and communication
Provide updates and reports to senior management and the Group CCO on key compliance issues, risks, and regulatory developments
Requirements:
5+ years of experience in compliance or regulatory roles within financial services or regulated industries
In-depth knowledge of Lithuanian and EU financial regulations, especially those applicable to electronic money institutions (EMIs)
Strong track record of working with local regulatory authorities and managing licensing requirements
Proven ability to develop and enforce compliance frameworks, policies, and internal controls
Fluent in both Lithuanian and English (written and spoken)
Strong communication and leadership skills, with the ability to influence and engage stakeholders at all levels
Excellent organizational and problem-solving capabilities
Experience conducting compliance audits, managing regulatory inspections, and providing compliance-related training
Nice to have:
familiarity with DORA, AMLD, PSD2, and other relevant EU directives