DNB - Local Regulatory Officer

Join DNB as Local Regulatory officer at DNB Latvia branch

DNB Latvia Branch is seeking a highly skilled Local Regulatory officer to join our team. This role provides advisory support and ensures compliance with regulatory requirements in cooperation with Group Compliance, T&S, Risk, and Quality.

Responsibilities:

1. Advisory Support:

• Provide continuous advisory assistance to DNB Latvia branch collaborating with Group Compliance and Risk teams.

• Educate business and support units on significant compliance issues and recommended actions.

• Report to Management on major compliance developments in the market.

• Conduct regular training and awareness programs to ensure compliance requirements are met.

2. Policies and Procedures:

• Coordinate with internal teams to develop and implement compliance policies and procedures.

• Ensure DNB Latvia branch policies align with local regulatory requirements.

3. Compliance Management:

• Monitor the regulatory environment and assist in regulatory compliance efforts.

• Act as the Sub-DPO (Data Protection Officer) for the office.

• Maintain communication with local financial supervisory authorities and internal stakeholders.

• Conduct annual regulatory and service reviews.

• Prepare and monitor SLA and transfer pricing documentation.

• Develop plans to address non-compliances identified during audits.

4. Operations and Risk Management:

• Identify, register, and mitigate internal and external risks in cooperation with compliance teams.

• Serve as the backup for the regional security officer.

• Provide legal service support and act as the local SPOC for Group Legal.

• Execute tasks assigned by the Group Compliance and Risk teams.

• Stay updated on regulatory standards and ensure their application in the office.

Required Competencies:

• Educational Background: Law degree or relevant college/ university education.

• Experience: 3-5 years in a similar role, preferably in large, complex organizations.

• Strong industry expertise in GBS, SCC, or finance.

• High personal integrity and ethical standards.

• Ability to handle complex situations and contribute to organizational development.

Personal Qualities:

• Strong negotiation and drafting skills.

• Excellent interpersonal and communication skills (oral and written).

• Ability to analyze new information and implement improvements.

• A pragmatic, hands-on approach with a can-do attitude.

• Strong decision-making ability, solution-oriented mindset, and legal risk assessment expertise.

• High responsiveness and a commercial mindset.

• Ability to build and maintain internal networks within DNB Latvia branch and the broader DNB Group.

• Language Proficiency: Fluency in Latvian and English* (Norwegian or Swedish is an advantage).

Location: Latvia, Riga Jaunā Teika offices

Salary: 2500-  3500 EUR gross**

Contact thibault.normand@talentor.com if you have any questions

*Necessary, because our organization uses English as our corporate language since we provide services to Norway and worldwide.

**Will be defined based on level of candidate.

We practice fair recruitment, that is objective and non-discriminatory, resulting in the best person being selected for the job regardless of their ethnicity,

sex, age, religious or political beliefs, sexual orientation, or any other factors that do not relate to the requirements of the position.