AML Officer

icon Limassol
icon Banking & Finance
JOB DESCRIPTION

Ref#4782

 

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A well-established global bank is working in partnership with GRS to recruit an AML Officer to join their growing Limassol team. The successful candidate will have a minimum of 2 years previous experience in a similar role, with fluency in both Greek and English. This company is built on the pillars of integrity, transparency, compliance and loyalty to both customers and employees. If you are looking to join a small but friendly Limassol team, then the opportunity as an AML Officer would be a great career move.
 
MAIN DUTIES AND RESPONSIBILITIES
  • Follow up on circulars and directives issued by the Central Bank of Cyprus.
  • Perform all duties and responsibilities as required by the Bank’s policies and procedures regarding the Prevention of Money Laundering and Terrorist Financing.
  • Review reactivated/reopened accounts to ensure compliance with the Bank’s policies and procedures.
  • Provide the AMLCO with the results of the investigation of suspicious activities.
  • Monitor new high-risk accounts opened and follow up on existing ones to ensure full compliance with the Bank’s policies and procedures.
  • Monitor the customers’ activities and construct their economic profile in order to review and assess their risk rating (Low / Medium / High) as well as their risk scoring as per CBC regulations and the Bank’s internal AML policy.
  • Monitor the activities of all customers and group of customers by utilizing the automated monitoring system and further investigate any transaction that may be associated with money laundering / terrorist financing.
  • Prepare the monthly, quarterly, semi-annual and yearly reports with respect to anti money laundering activities, as required by Central Bank of Cyprus or Head Office.
  • Ensure that the branch is complying with the requirements of the Tax Department of the Ministry of Finance, regarding FATCA and CRS reporting requirements by:
  • Preparing and maintaining lists of the reportable clients
  • Following-up with the concerned departments for collecting the necessary documents and information from client.
  • Remain up-to-date with the developments in the applicable laws, rules, and standards.
 
CANDIDATE PROFILE
  • A university graduate of Law, Banking, Finance or a related field.
  • Fully fluent in both Greek and English.
  • Proficient in Microsoft Office software especially Excel.
  • Obtained the Certified Anti-Money Laundering Specialist (CAMS) Certification (is preferred).
           
Due to the high volume of applications we receive at GRS Recruitment, only shortlisted candidates will be responded to.
 
To apply for this position, please email your CV to Ross Pitman, rross@grsrecruitment.com quoting the above job reference or call +357 25 342 720 for further information.

 

Job Summary
  • icon
    9 January 2023
  • icon
    Permanent
  • 4782
  • Ross@grsrecruitment.com
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