On behalf of our client, a pioneering payment-network provider, we are looking for a Compliance Officer to be based at their offices in Limassol, Cyprus.
Main Duties and Responsibilities:
- Provides support to the Head of Compliance & AML
- Performs client reviews and customer due diligence
- Updates client files and risk classifications and escalates cases to the Head of Compliance & AML
- Conducts ongoing due diligence and periodic reviews on clients to identify potential money laundering issues
- Identifies and assesses risks related to the prevention of criminal and illegal conduct and exposure of the company’s operations to fraud and crime
- Makes recommendations and implements measures for risk elimination or mitigation
- Regularly monitors transactions and activities for compliance and generates accurate and timely compliance reports for internal and external stakeholders
- Utilizes various tools, software, and data sources to analyze financial transactions, customer profiles, and behavior to identify unusual patterns, red flags, and potential sanctions breaches
- Prepares and submits internal suspicious activity/transaction reports to the Head of Compliance
- Prepares and submits ad-hoc reports to the relevant regulatory authorities in collaboration with external consultants
- Collaborates with internal and external auditors during compliance audits, addressing findings and implementing corrective actions
- Handles relevant matters and communication with banks and payment method counterparties (payment method providers and other counterparties) in cooperation with responsible units of the company
- Handles in-house projects, such as licensing processes with competent authorities
- Monitors internal statuses and provides actionable solutions
- Establishes and ensures effective collaboration with third parties and external service providers, such as professional service providers, advisors, and other institutions and counterparties
Job Requirements:
- Bachelor’s degree in Law, Business, Finance, or a related field
- At least 2 years of proven experience as a Compliance Officer in the financial industry or related field
- Fluent in English in both verbal and written form
- Experience in the payments/banking sector will be considered an advantage
- In-depth knowledge of relevant financial regulations and compliance best practices
- Strong analytical and problem-solving skills
- Excellent communication and interpersonal skills
- Ability to work collaboratively in a dynamic and fast-paced environment
Benefits:
- An attractive remuneration package
- Friendly working environment
- Bonus based on company performance
- Opportunities for growth and development
All CVs will be handled with utmost confidentiality.
