📍Riga, office/remote
🔹 About the Role:
This is a key position within the structure of a licensed Payment Institution - Jool Pay in Latvia (Riga). Initially, you will be the sole Back Office employee, which implies full ownership of all operational processes and a high degree of independence. As the company grows, team expansion is planned, and in the future, you will lead the Back Office and participate in shaping the department.
The role involves both daily operational work and participation in strategic projects — connecting to SEPA via EKS and implementing a new core system.
🔹 Main Responsibilities:
- Independently manage all Back Office operational processes initially.
- Operational processing of client and company payment transactions, including verification and authorization of payments.
- Perform Safeguarding Officer functions: ensure compliance with safeguarding requirements, build and maintain a daily safeguarding reconciliation report.
- Perform treasury functions: liquidity management, monitoring balances on nostro accounts, interaction with correspondent banks.
- Participate in the SEPA connection project via EKS: interaction with technical and regulatory parties, testing, operational launch.
- Participate in the new core system implementation: forming business requirements from the Back Office perspective, UAT, participation in data migration (if necessary).
- Regulatory reporting within the scope of Back Office competence.
- Build an internal operational reporting system.
- In the future, form and lead the Back Office team, hire and onboard a second employee.
🔹 Candidate Requirements:
- 2–3 years of experience in FinTech, payment industry, banking, EMI/PI, or related fields (experience building processes "from scratch" in a startup environment or a small FinTech company will be an advantage).
- Willingness to work in an "all-hands-on-deck" mode initially.
- Deep understanding of the principles of financial institutions and payment infrastructure.
- Confident knowledge of payment rails and formats: SWIFT (MT/MX), SEPA Credit Transfer, SEPA Instant.
- Understanding of safeguarding requirements for PI/EMI (experience with safeguarding reconciliation will be an advantage).
- Fluent in Latvian and English (Upper-Intermediate / Advanced and above).
- High attention to detail, accuracy when working with financial documents and data.
- Ability to work effectively in a multitasking environment and meet deadlines.
- Proactiveness, independence, willingness to take responsibility and initiative.
