Compliance Officer

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icon Banking & Finance



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A long-standing Accounting and Audit Firm based in Nicosia is working in partnership with GRS Recruitment to hire a Compliance Officer for their team. The successful candidate will have the opportunity to work alongside talented individuals in the field and continue their career within a well reputable company. If you have previous working experience within a professional services company, GRS Recruitment looks forward to receiving your CV for this Nicosia based Compliance role.
  • Ensure that all operations and activities of the Company are in compliance with laws, rules and regulations and all pertinent directives of regulatory bodies that relate to ML & TF.
  • Regularly review, appraise and report and monitor relevant action on compliance issues as required.
  • Design the internal practices, measures, procedures and controls relevant to the prevention of ML & TF, based on the general policy principles set by the BoD.
  • Monitor and assess the correct and effective implementation of the policy, and the implementation of the AML procedures.
  • Apply appropriate monitoring mechanisms, identify shortcomings and/or weaknesses in the application of the set practices, measures, procedures and controls and give appropriate guidance for corrective measures.
  • Examine and evaluate the information received and complete reports to MOKAS/ICPAC as and when deemed appropriate.
  • Prepare the Monthly Reports and the Annual Reports and submit them to the BoD for approval.
  • Review of all KYC documents and evaluate business activities to assess compliance risk and advise on the level of Risk (High/Medium/Low) and the acceptance or rejection of the client.
  • Ensure periodic review (High risk: every year, Medium: every 2 years, Low: every 3 year) of the clients’ files and ensure due diligence and up to date KYC documents in accordance with the laws and regulations and the organization’s internal control policies.
  • Effectively communicate and support all departments and the relevant authorities on compliance and other related matters as needed.
  • Ensure CPD acquires the required knowledge and skills for the improvement of the appropriate procedures for recognizing, preventing, and obstructing any activities that are suspected to be associated with ML & TF.
  • Promote high ethics and compliance culture.
  • Perform any other related duties as assigned.
  • Any other role and/or responsibility that will be assigned.
  • University Degree in Law, Business Administration or in another related field
  • Holder of CySEC AML certification
  • At least 3 years of experience in a similar role
  • Excellent command of Greek and English (both verbal and written).
  • Computer literate. Excellent knowledge of MS Office
  • Excellent knowledge and application of Company Law, AML legislation and its application in KYC and transactions reviews, as well as the new GDPR and any other related current and new legislation/regulation.
  • Excellent communication and teamwork skills
  • Excellent organizational skills
  • Resourceful and proactive
  • Ability to work under pressure.
  • Attention to detail.
  • High integrity of character and work ethic
  • Attractive remuneration package including a 13th salary.
  • In house training/seminars, as well as external ones for professional development
  • 20 days annual leave
  • 5 days sick leave
  • Working hours: Monday-Thursday 08:00-17:30 and Fridays 08:00-14:00.
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 Ioulia Ananikidou, quoting the above job reference or call +357 25 342 720 for further information.


Job Summary
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    10 June 2024
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  • 7393