Russian-speaking AML Compliance Officer (VAC-A3116)

Job description

Our client, a Fintech company in Limassol, is looking to recruit an experienced Russian- and English-speaking AML Compliance Officer. 

Job Duties

Client Onboarding & Documentation Review:

Review client onboarding documents (e.g., Know Your Customer (KYC), identification, proof of address) to ensure compliance with legal and internal requirements;

Verify client information for accuracy and completeness as part of the onboarding process;

Conduct due diligence checks on new clients, including background checks, to ensure that they meet regulatory and internal risk requirements;

Ensure that client profiles are accurately maintained and updated in the system.

Screening & Alert Management:

Monitor and review alerts generated from sanctions screening and other automated tools for detecting high-risk clients or transactions (e.g., PEP screening, adverse media);

Investigate potential matches from sanctions screening, escalate cases of concern, and document findings;

Ensure the timely resolution of alerts while maintaining thorough records of the screening process.

Compliance Monitoring & Reporting:

Conduct regular compliance audits and risk assessments to ensure that internal processes meet compliance standards.

Assist in preparing and submitting reports to regulatory bodies

Policy & Procedure Management:

Assist in drafting, reviewing, and updating compliance policies and procedures as necessary.

Job Requirements

Languages – Russian, English are mandatory;

Bachelor’s degree in Law, Finance;

Strong understanding of client onboarding requirements and KYC processes;

Ability to identify, assess, and mitigate compliance risks, especially in the areas of client onboarding and transaction monitoring;

Experience in reviewing client documentation for accuracy and regulatory compliance;

Familiarity with sanctions screening, PEP screening, and adverse media tools;

Skills in conducting compliance audits and preparing detailed compliance reports for regulatory bodies;

Ability to analyze large volumes of data (e.g., screening alerts) and identify suspicious activity requiring further investigation.

Working hours:

The working hours are Monday – Friday, 9am – 5pm with one hour lunch break (office-based position, not remote).

TO APPLY for this job opportunity, send your CV (in English please) and include the reference: Russian-speaking AML Compliance Officer - VAC-A3116. We look forward to hearing from you!