Anti-Money Laundering Compliance Officer (AMLCO) (VAC-A2708)

Job description

Our client is a new EMI company in Limassol looking to hire a Anti-Money Laundering Compliance Officer (AMLCO) .

They are part of a well-established and reputable smart payment cashier software company that has been in the market for over 10 years. 

Overview: 

The AMLCO will be responsible for developing, implementing and maintaining our anti-money laundering (AML) program, ensuring compliance with relevant laws and regulations.

This role is critical in safeguarding the institution against money laundering, terrorist financing and other financial crimes.

Job Duties

Design and implement an effective AML program that meets all regulatory requirements.

Regularly update AML policies and procedures to reflect changes in laws, regulations and best practices.

Conduct ongoing monitoring of transactions to identify suspicious activity.

Prepare and submit Suspicious Activity Reports (SARs) to relevant authorities.

Maintain accurate records of all AML activities and investigations.

Conduct AML risk assessment and implement risk mitigation strategies.

Perform customer due diligence (CDD) and enhanced due diligence (EDD) as needed.

Serve as the primary point of contact with regulatory bodies and law enforcement agencies.

Respond to regulatory inquiries and ensure timely reporting.

Work closely with other department to ensure a unified approach to AML compliance.

Provide expert advice and support on AML-related issues to senior management and staff.

Job Requirements

Bachelor's degree in Finance, law or a related field.

Minimum of 5 years of experience in AML Compliance

Previous experience working in an EMI is essential.

In-depth knowledge of AML laws, regulations, and best practices.

Strong analytical skills and attention to detail.

Excellent communication and interpersonal skills.

Job Benefits

4-5.5k Gross monthly

+13th

TO APPLY for this job opportunity, send your CV (in English please) and include the reference: Anti-Money Laundering Compliance Officer (AMLCO) - VAC-A2708. We look forward to hearing from you!