Our client, a leading financial services consultancy group in Limassol, is looking to recruit an Assistant/Associate Consultant - Regulatory Compliance for their office in Limassol. The successful candidate will draft, review and update compliance-related manuals, policies, processes, and procedures, advise, guide and assist the investment firms on regulatory compliance matters and communicate with the investment firms and the authorities.
Responsibilities:
- Draft, review and update manuals, policies, processes and procedures with respect to the operations of investment firms.
- Perform regular monitoring by following a Compliance Monitoring Programme to ensure that compliance standards and obligations of investment firms are adhered to.
- Support Senior Consultants with onsite and desk-based inspections on regulatory compliance matters.
- Ensure investment firms fulfil their annual obligations and licence conditions.
- Provide advice and solutions to investment firms on regulatory compliance queries/issues.
- Provide support to the compliance expert team, help to coordinate with other departments (legal & corporate, accounting & tax, capital adequacy, internal audit etc.) and develop strong working relationships.
- Communicate on behalf of investment firms with the Cyprus Securities & Exchange Commission and other local and EU authorities.
- Communicate with personnel and management of investment firms.
- Provide guidance and assistance to investment firms regarding client complaints.
- Prepare applications, notifications and record updates for the Cyprus Securities & Exchange Commission (CySEC) on behalf of investment firms.
- Work closely with a Senior Consultant to draft and review annual reports on Compliance, Risk Management, Anti-Money Laundering (AML) and related matters.
- Review and analyse new regulations and advise how these are impacting investment firms.
- Develop compliance and AML training material and support with ongoing compliance training to investment firms’ personnel.
- Support AML checks and reviews and undertake client identification and due diligence of investment firms’ clients.
- Some knowledge in regulatory frameworks, such as AML, KYC, MiFiD, EMIR etc.
- Active interest in relevant regulatory standards and best practice trends.
- Knowledge of the financial services sector, gained ideally from working in corporate environments.
Requirements:
- Bachelor’s and/or Master’s degree, from a reputable university, in Economics, Mathematics, Business, Finance, Accounting, Risk Management, Law or any other related discipline
- Strong organisational, analytical and strategic thinking skills
- Ability to take ownership and provide solutions to challenges
- Team spirit and willingness to study and develop
- Excellent relationship building and interpersonal skills
- Communicating effectively, both in writing and verbally in Greek and in English and have strong influencing skills
- Computer literate, including Microsoft Office applications (Word, Excel)
- 1-2 years of professional experience in a corporate environment or the financial services sector is a plus
- CySEC Certificate (Basic or Advanced) for the provision of investment service is a plus
Working hours:
- The working hours are Monday – Friday, 09:00 – 18:00 with 1 hour lunch break. There is flexibility regarding starting times from 08:30 – 09:30 and finish work accordingly.
- Afternoon off on Fridays or Wednesdays (to be agreed with Manager)
- Working from home 1-2 times per week depending on workload.
To apply:
Please send your CV to StaffMatters at admin@smstaffmatters.com and mention that you are applying for the vacancy of Assistant/Associate Consultant - Regulatory Compliance with reference number 2713.
Or you can apply directly through your candidate login by hitting the APPLY button.
