GRS Recruitment is excited to partner with a dynamic Payment Solutions company based in Limassol, seeking to appoint a Regulatory Compliance & AML Compliance Officer. Our client is committed to maintaining the highest standards of compliance and integrity within its operations. If you have a background in compliance within the payment solutions sector, this role offers an excellent opportunity to contribute to a forward-thinking company that values its employees and upholds a strong ethical foundation.
MAIN DUTIES AND RESPONSIBITLIES
- Establish and uphold effective compliance and anti–money laundering programs that align with both EU and local legal requirements, including those under EMD2, PSD2, and AML/CFT regulations.
- Compile and deliver mandatory reports such as the annual compliance and AML statements, along with any other submissions requested by supervisory authorities.
- Carry out ongoing compliance testing and internal reviews to verify conformity with legal and policy obligations, while identifying opportunities to strengthen internal controls.
- Oversee regulatory obligations connected to the organisation’s electronic money and payment service provider authorisations.
- Create and conduct internal training sessions to promote awareness of compliance and AML standards across all business units.
- Supervise processes for transaction monitoring, sanctions screening, and customer due diligence, ensuring risks are properly identified and addressed.
- Assess and refine KYC, client onboarding, and lifecycle management procedures to ensure they remain compliant and efficient.
- Provide informed guidance to senior leadership on new or changing regulations and recommend proactive measures to manage compliance exposure.
- Represent the company in dealings with regulators and external bodies regarding AML and compliance topics.
- When applicable, take on responsibilities as a non-executive director or key function holder for client entities within the Group, offering governance and compliance oversight.
CANDIDATE PROFILE
- Hold a university qualification in Finance, Law, Business Administration, or another relevant field.
- Demonstrate solid professional experience in areas such as Compliance, Anti-Money Laundering, or Regulatory Affairs—ideally gained within an Electronic Money Institution (EMI), Payment Institution, or another financial services organisation.
- Possess in-depth familiarity with key regulatory frameworks, including EMD2, PSD2, and the EU Anti-Money Laundering directives.
- Show strong practical knowledge of KYC procedures, customer due diligence standards, and transaction monitoring processes.
- Fluent in both English and Greek, with excellent communication abilities in written and spoken form.
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
Emilios Eracleous, emilios@grsrecruitment.com quoting the above job reference or call +357 25 342 723 for further information.