A US owned Electronic Money Institute regulated by the CBC is working in partnership with GRS to recruit a Compliance and AML Officer to join their Larnaca office. The successful candidate will have a minimum of 2+ years previous experience in a similar role, with fluency in English. This company is a well-established premier boutique trade finance services firm, providing exceptional support to their global clientele. If you are looking to join a small but friendly Larnaca team, then the opportunity to be a Compliance Officer and AML would be a great career move.
MAIN DUTIES AND RESPONSIBILITIES
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Follow up on circulars and directives issued by the Central Bank of Cyprus.
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Perform all duties and responsibilities as required by policies and procedures regarding the Prevention of Money Laundering and Terrorist Financing.
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Developing, updating, and revising the appropriate policies, rules, and procedures, ensuring that the Company meets its Regulatory requirements.
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To monitor and regularly assess the adequacy and effectiveness of existing measures, policies and procedures and to report any deficiencies in the company’s compliance with obligations.
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To establish and ensure effective communication with Regulators, Auditors, and other counterparties.
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To identify and report to the Management compliance risks related to the business practices, products, and services.
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To monitor local, EU and international regulatory framework, its developments, and best practices. Report to the Management possible opportunities and risks.
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Prepare compliance reports.
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Work on regulatory requests and inspections, also be available for internal and to external audits.
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To be responsible for client onboarding, drafting reports of new clients to the Management Board for the final onboarding decision.
CANDIDATE PROFILE
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Educated to degree level or the equivalent of Law, Banking, Finance, or experienced in one of these fields or a related field.
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Recent practical experience, in a PI or EMI institution
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Experience in the role of Compliance in the regulated financial industry, ideally by the CBC.
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Fully fluent in English.
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Familiar with Microsoft Office applications (Excel, Word, PowerPoint.)
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Knowledge of the “WiseBos” regulatory suite of compliance applications is an advantage
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Proficient in Microsoft Office software especially Excel.
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Obtained the Certified Anti-Money Laundering Specialist Certification.
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,
ross@grsrecruitment.com quoting the above job reference or call
+357 25 342 720 for further information.