Anti-Money Laundering Officer

Our client, a reputable Forex Trading company based in Limassol, is seeking a dedicated Anti-Money Laundering Compliance Officer (AMLCO) to join their team. This is an excellent opportunity for a compliance professional looking to advance their career within a dynamic financial environment. If you are ready to take the next step in your compliance career and meet the requirements outlined, we encourage you to apply today to join this forward-thinking team in Limassol.

MAIN DUTIES AND RESPONSIBILITIES

• Ensure the company's full compliance with CySEC regulatory framework, including the Investment Services and Activities and Regulated Markets Law (Law 87(I)/2017), the Prevention and Suppression of Money Laundering and Terrorist Financing Law, and relevant EU directives and regulations.
• Develop, maintain, and update the Compliance and AML Manual, internal policies, procedures, and controls to reflect current laws, regulations, and industry best practices.
• Monitor and assess the effectiveness of existing compliance and AML controls and propose improvements where necessary.
• Provide regulatory guidance and advice to Senior Management and relevant departments on new or changing regulatory obligations and how these impact the firm's operations.
• Collaborate closely with senior management and the Board of Directors, providing regulatory guidance and support on compliance and AML/CFT matters, and ensuring that strategic decisions align with the applicable legal and regulatory framework.
• Prepare and submit required reports to CySEC and other regulatory filings.
• Monitor day-to-day activities and transactions for potential breaches, suspicious activity, or regulatory risks, and ensure prompt investigation, escalation, and reporting.
• Ensure the implementation and monitoring of ongoing client due diligence (CDD), enhanced due diligence (EDD), and Know-Your-Customer (KYC) processes.
• Conduct periodic reviews of client files and internal systems to ensure adherence to AML requirements.
• Provide training to staff on regulatory obligations, AML/CFT procedures, and compliance awareness, and ensure continuous professional development across the company.
• Liaise directly with CySEC and other authorities during inspections, audits, and ad hoc information requests.
• Ensure timely implementation of recommendations arising from internal and external audits, inspections, and reviews.
• Ensure cooperation with external auditors, internal auditors, consultants, and other stakeholders in respect to compliance and AML functions.
• Uphold the highest standards of integrity, discretion, and ethical behavior in all activities and represent the company in a professional manner.

CANDIDATE PROFILE

• University degree in Law, Finance, Business Administration, or a related field.
• Holder of the CySEC Advanced Certificate and AML Certification.
• Should have minimum 1 year experience of relevant experience in compliance and AML role under CySEC regulation.
• In-depth knowledge of CySEC regulations, MiFID II guidelines, AMLD regulations, and applicable EU financial legislation.
• Experience in dealing with regulatory audits, inspections, and reporting obligations.
• Excellent communication, leadership, and analytical skills.
• High level of integrity and professionalism.
• Strong attention to detail and analytical thinking.
• Ability to work independently and manage multiple regulatory deliverables.
• Sound judgment and risk-based decision-making.
• Effective communication with regulators, auditors, and senior stakeholders.

COMPANY BENEFITS

• Opportunity to work within a reputable and expanding company.
• Competitive salary package.
• Work in a vibrant and professional environment in Limassol.
• Supportive team culture and opportunities for professional development..

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
George Zannides,
quoting the above job reference or call for further information.