On behalf of our client one of the largest stock exchange-listed FX & CFD brokers in the world, GRS are seeking a Head of Back Office to join their Limassol office. The successful candidate will have a minimum of 1-2 years of previous experience in a similar role. Although the companies Cyprus operation is boutique in scale, you will be working for a company with offices in over 13 countries, regulated by the world's biggest supervision authorities. If you have the necessary skills and experience, then we look forward to receiving your CV for this Limassol based Head of Back Office role.
MAIN DUTIES AND RESPONSIBILITIES
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Assisting with the maintenance and updating of the Client account opening procedures.
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Assisting with the conduct of the due diligence procedures during the account opening stage (“Know-Your-Client” – KYC - procedures), checking required documents, running the Worldcheck system.
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Implementing the Client classification procedure as per the provisions of the Law.
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Managing the account opening procedure of registering new clients (Live and demo)- sending all necessary forms for account opening process (if needed), informing clients for missing documentation.
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Implementing the Appropriateness Test and determining the assessment of the expertise, experience and knowledge of the Client.
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Following the approval of a Client account and for the duration of the account operation, monitoring Clients regarding suspicious transactions, whereas these do not match with their investment profile and notify the MLCO.
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Assisting the MLCO with the maintenance and update of the Client account opening procedures checking Client relationship inter se, if any.
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Preparing withdrawal requests and coordinating the process with the relevant departments.
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Implement of the Company’s policies and regulations in the Department’s operations.
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Being responsible for the overall performance of the Company’s Back Office Support.
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Verifying the source of funds for deposits. Upon receiving notification of a deposit, Back Office shall verify that all information is consistent, by checking if the client has sent funds using bank details and/ or scanned credit card copies from his account and that all details given are consistent.
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Undertaking the necessary actions in relation to Client funds’ withdrawal requests, as applicable:
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record keeping and documentation filing in the back-office system and/or hard copy format, as applicable, of Client Agreements and all the relevant documentation (“Know-Your-Client” – KYC - procedure documents).
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Call and Email Monitoring as per requirements set by compliance department.
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Assist in the training of relevant staff to ensure continuing competence in accordance with the CySEC regulations.
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Completing monthly and ad-hoc regulatory reporting and non-reporting tasks.
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Any other duties that are requested and relevant to the role.
CANDIDATE PROFILE
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University degree in finance, law, business, or a related field.
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Professional experience of 1-2 years.
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Holder of a CySEC Advanced Certificate (will be considered as advantage).
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Excellent verbal and written communication skills in English.
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Ability to prioritise, work under pressure and within tight deadlines.
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Ability to work to a high degree of accuracy.
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Ability to evaluate issues from a regulatory perspective with a practical, business- orientated, common sense approach to complex problem solving.
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.