Contract: Pre license 3-6 months

Location: Latvia, Remote

About Kredete

Kredete is a financial technology platform designed to help African immigrants build credit and send money instantly to over 50 African countries - amongst other product offerings. Using Stablecoins and modern payment systems, we make it easy and affordable for businesses to move money across borders. Our mission is to provide accessible, secure, and low-cost financial solutions that improve cash flow and support financial growth for individuals and businesses.

We’ve built a product customers love and a business that scales fast. Kredete operates in 3 global offices (New York, Lagos and Riga, Latvia), and is backed by world-class investors. Our teams are shipping payment systems built to run faster and we are expanding across new product lines and markets.

At Kredete you’ll join a company in motion—ambitious, profitable, inclusive and product-driven—where impact is visible, decisions are fast, and growth is real. We believe in customer obsession, continuous learning, and delivering extraordinary outcomes. If you thrive in a fast-paced, team-driven environment where curiosity, trust, and impact matter, you'll fit right in.

Role Overview

Kredete is entering a critical phase of its expansion into Latvia and the broader EU market. As the Money Laundering Reporting Officer (MLRO), you will be the cornerstone of our compliance strategy, ensuring full alignment with Latvian regulatory requirements and EU AML/CTF standards. This position demands exceptional regulatory insight, sound judgment, and hands-on experience in anti-money laundering and counter-terrorist financing frameworks. Your leadership will directly influence our licensing success and ongoing governance, safeguarding Kredete’s reputation and operational integrity.

Key Responsibilities

• Develop and maintain AML/CFT policies, procedures, and risk assessments in compliance with Latvian regulations and Kredete’s group standards.
• Act as the primary liaison with regulatory bodies (Bank of Latvia, FIU, FCMC) to ensure timely and accurate communication during and after licensing.
• Coordinate with consultants to meet all pre- and post-licensing compliance requirements, including documentation and regulator queries.
• Implement AML/CTF controls post-licensing, including KYC/KYB, transaction monitoring, and reporting obligations.
• Conduct ongoing program reviews, risk assessments, and provide strategic recommendations to management on emerging compliance risks.
• Must have: Recognition/Accreditation by the Central Bank of Latvia

Key Performance Indicators (KPIs)

Pre-Licensing:

• 100% on-time submission and approval of AML/CFT documentation with no material deficiencies.
• Positive regulator feedback and zero major findings during inspections.
• Respond to all regulator and consultant queries within 3 business days.
• Weekly progress updates and full documentation of communications.

Post-Licensing:

• Implement all approved AML/CFT controls within 60 days of license issuance.
• 100% on-time STR/SAR submissions; zero missed or late reports.
• Conduct internal AML compliance testing twice annually with <10% non-compliance findings.
• Submit quarterly AML/CFT reports to senior management and the board.
• Maintain AML-related records per statutory retention periods and ensure audit readiness within 48 hours.
• Deliver quarterly AML/CFT training with full staff participation.
• Investigate and report compliance breaches within 5 business days, with documented corrective actions.

Opportunity: At Kredete, we are proud to be an equal opportunity employer. We value diversity and all applicants seeking employment with us are strictly based on merit, competency and qualifications. We do not discriminate based on religion, race, national origin, sexual orientation, sex, marital or family status, disability or gender.

Data Protection: By applying to this role, you consent to the collection and processing of your personal data by Kredete for the purposes of assessing your suitability for the advertised position. All personal data will be processed in accordance with applicable data protection laws.