GRS are working closely with a digital payment solutions provider who are currently seeking to recruit an Anti-Money Laundering Compliance Officer for their Nicosia team. The successful candidate will play a crucial role in ensuring the organization's adherence to anti-money laundering regulations and policies. If you hold the relevant experience and are ready for the next step in your career, send us your CV today!
MAIN DUTIES AND RESPONSIBILITIES
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Oversee and approve Client Onboarding.
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Apply and evaluate the transaction monitoring policy of the company.
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Supervise all AML, Due diligence, and KYC procedures.
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Develop, implement, and maintain robust anti-money laundering and compliance policies, procedures.
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Conduct thorough risk assessments to identify potential money laundering activities and implement preventive measures.
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Monitor and analyse financial transactions for suspicious activities, ensuring timely reporting to relevant authorities as per regulatory requirements.
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Stay abreast of changes in AML laws and regulations, and update policies and procedures accordingly.
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Collaborate with internal stakeholders, including legal, compliance, and risk management teams, to ensure a cohesive approach to AML compliance.
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Provide training and guidance to employees on AML policies and procedures from a compliance and regulatory perspective.
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Conduct internal investigations and due diligence on high-risk clients or transactions.
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Preparing and conducting compliance monitoring tests to ensure that the compliance function operates appropriately.
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Performing risk assessments on entities and four-eyes checks on AML/CFT matters (e.g., periodic reviews)
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Prepare and submit regulatory reports and respond to inquiries from regulatory authorities.
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Maintain adherence to all obligations and license conditions of the Company to its regulator.
CANDIDATE PROFILE
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Degree in any discipline related to law, business administration or finance. Also, an advance certification from Cysec, ACAMS or similar is preferred.
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At least three (3) years’ experience as an AML/KYC officer or compliance officer in Payment Institutions or financial services and/or funds industry.
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Strong understanding of, and interest in, Cyprus and EU AML/KYC-AML/CFT legal framework; knowledge of the recent regulatory changes impacting the industry.
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Ability to demonstrate strong research, analytical and report-writing skills.
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Good planning, time management and prioritization skills
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Demonstrate a high level of interpersonal and communication relationship skills.
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Native or bilingual English (should be able to draft, review and update policies and procedures, or compliance reports in English)
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Excel and PowerPoint skills for presentations and statistics/reporting are an advantage
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
Amalia Tringou, amalia@grsrecruitment.com quoting the above job reference or call
+357 25 342 720 for further information.
