Our client is a new EMI company in Limassol looking to hire Anti-Money Laundering Compliance Officer (AMLCO) with EMD/EMI experience.
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.
Roles & Responsibilities
- 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.
Required Qualifications
- 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.
Benefits:
- 4-5.5k Gross monthly
- +13th
To apply:
Please send your CV to StaffMatters at admin@smstaffmatters.com and mention that you are applying for the vacancy of Anti-Money Laundering Compliance Officer (AMLCO) with reference number 2708.
Or you can apply directly through your candidate login by hitting the APPLY button.
