Find Compliance Officer Opportunities in Lithuania

In Lithuania, a Compliance Officer ensures that organizations comply with applicable laws, regulations, and industry standards. They develop and implement compliance programs, conduct risk assessments, and provide guidance to promote ethical behavior and risk mitigation within the company.

Exciting Fact: Lithuania is a prominent fintech hub in Europe and has specific compliance regulations related to financial services, including the Law on Payments and the Law on Electronic Money and Electronic Money Institutions. Compliance Officers in Lithuania contribute to maintaining the integrity and security of the financial ecosystem.

The main duties of a Compliance Officer in Lithuania include conducting compliance audits, internal investigations, and due diligence reviews. They provide training and awareness programs to employees, monitor compliance with relevant laws and regulations, and collaborate with internal stakeholders to address compliance gaps and ensure adherence to regulations such as the General Data Protection Regulation (GDPR).

Key skills required for this role in Lithuania include a strong understanding of legal and regulatory frameworks, excellent analytical and communication skills, and knowledge of financial regulations and data protection laws. A bachelor's degree in law, business, or a related field is often required, and certifications such as Certified Compliance Officer (CCO) can be advantageous.

Work opportunities for Compliance Officers in Lithuania can be found in cities like Vilnius, Kaunas, and Klaipeda, where many fintech companies, financial institutions, and regulatory bodies are located. The financial technology sector in Lithuania offers promising prospects for compliance professionals.

The expected salary range for Compliance Officers in Lithuania is between EUR 30,000 and EUR 50,000 per year, depending on experience, qualifications, and the size of the organization. The hourly rate can vary from EUR 15 to EUR 25.