Company Manager | Latvia

The role

You will serve as the locally based senior officer responsible for the operational oversight, regulatory compliance, and corporate governance of Velocity's Latvian-licensed entity. You will act as the head of the regulated European business and the primary interface with Latvian and EU supervisory authorities.

What you will do

• Serve as the senior management function holder for the Latvian entity.
• Act as the primary point of contact and liaison with banking and regulatory entities.
• Oversee the entity's compliance with prudential requirements.
• Ensure full compliance with Latvian AML/CFTP Law and EU AML frameworks.
• Maintain corporate governance standards in line with the Latvian Commercial Law.
• Oversee the entity's outsourced technology and operational arrangements.
• Provide strategic advice and guidance on Latvian and EU regulatory matters.
• Monitor and advise on developments in MiCA, DORA, and other EU regulatory frameworks.
• Be locally accessible in Riga for Central Bank of Latvia supervisory visits and regulatory meetings.

Required qualifications

• Payments and/or crypto-asset industry experience essential.
• Experience managing or serving as a senior officer of a company regulated under one or more of MiFID II, MiCA, or PSD2.
• Minimum 3–5 years of senior management experience in financial services, fintech, or regulated technology businesses.
• Clean criminal record with no convictions relating to ML/TF or other financial crime.
• No adverse regulatory findings or enforcement actions.
• No inclusion on financial sanctions lists.
• Knowledge of prudential requirements, capital adequacy, internal controls, and risk management.
• Knowledge of Latvian corporate governance requirements (Commercial Law) and the Latvian AML/CFTP Law.
• Based in Riga, Latvia, and locally accessible for Central Bank of Latvia supervisory visits.

Nice to have

• Latvian language skills (strong advantage for regulatory engagement).
• Demonstrable understanding of crypto-assets, DLT, and blockchain infrastructure.
• Prior experience engaging directly with national competent authorities or central banks in a licensing or supervisory context.
• Familiarity with DORA (Digital Operational Resilience Act) and EU AML frameworks.
• Experience operating within a group structure with outsourced technology and operational arrangements.

About the company

Velocity aims to unify the world of fiat and digital assets by leveraging stablecoins to optimise liquidity, facilitate cross-border transactions, and integrate with global banking, payment, and treasury infrastructures.