Global Recruitment Solutions

Compliance/AML Officer - Forex - Limassol - Cyprus

Other Limassol, Cyprus
reference no
12673
date added
2019-03-15
telephone
+357 25 342 720
wesite
grsrecruitment.com

A globally renowned Forex company with dynamic presence in global markets, providing access to the world’s most popular trading platforms, is seeking to recruit an experienced Compliance and AML Officer to join their team in Limassol. The ideal candidate will have 1 to 3 years’ experience in the Financial Services sector, preferably within the forex industry, an in-depth knowledge of CySEC regulatory requirements and a strong personality that will be able to represent the company’s Compliance Function. In addition to being part of a diverse and dynamic team, our client offers excellent remuneration packages and benefits that reflect their commitment to ensuring employee engagement and workplace satisfaction.

MAIN DUTIES AND RESPONSIBILITIES

  • Monitoring the activities of the Company
  • Support the team focusing on regulatory change
  • Be responsible for providing regulatory advice and guidance to the business, leading and delivering regulatory change projects, running compliance initiatives, meeting and supporting regulator visits (CySEC)
  • Contribute to the delivery of timely and effective reporting to the Boards and regulator
  • Preparing and handling the relevant regulatory reporting obligations
  • Keep senior management and the business informed on regulatory developments
  • Assist with assessing the impact on the business of future regulation and implement necessary changes to policies and procedures as well as drafting new ones
  • Conducting initial analysis of new regulations in order to determine their applicability to the business and conduct a compliance impact assessment
  • Ensuring compliance with the local requirements and regulations
  • Responding to compliance enquiries
  • Performing regular monitoring to ensure that standards are adhered
  • Maintaining and reviewing policies and procedures
  • Monitoring and reporting on employees’ adherence to client policies and procedures, including by carrying out periodic compliance audits
  • Reviewing new regulations applicable to investment firms and identifying potential compliance risks
  • Developing compliance training materials and performing ongoing compliance training to employees
  • Examining, evaluating and responding promptly to client enquiries/grievances. Assessing the effectiveness of our client’s compliance program and advising on measures to reduce compliance risk
  • Performing the necessary research required and drawing results, related to the Company’s expansion
  • Handle ad-hoc projects related to the Company’s need and expansion
  • Daily monitoring and of AML procedures
  • Ensure all staff have AML training
  • Additional duties: Assist other colleagues within the same business function under different jurisdiction of the firm

CANDIDATE PROFILE

  • Bachelor's degree in Economics/Business/Law or another related subject;
  • In-depth knowledge of CySEC regulatory requirements
  • Good analytical and research skills
  • Attention to detail and good organization skills
  • Strong and outgoing personality, with the ability to successfully represent themselves and the Compliance Function
  • Excellent command of English and Greek (preferred), both verbal and written;
  • Team spirit, excellent problem-solving abilities and willingness to study and develop
  • 1-3 years’ experience in the Financial Services Sector (preferably forex industry)
  • Advanced CySEC Certificate should be considered as an advantage

COMPANY BENEFITS

  • 13th Salary
  • Excellent Medical Insurance
  • Annual Gym Membership

Due to the high volume of applications we receive at GRS Recruitment, only shortlisted candidates will be responded to.