Head of AML / Compliance - Limassol

  • Location:

    Cyprus, Limassol

  • Discipline:


  • Job type:


  • Benefits:

    Salary of 3,000 – 3,500 Euros gross based on skills and experience

  • Published:


  • Expiry date:


  • Reference:


Our client, a CySEC regulated Forex Company based in Limassol, is looking to hire a motivated individual in the role of Head of AML/Compliance.


Leadership and Oversight:

  • Lead and manage the AML team, ensuring effective implementation and monitoring of AML requirements, including KYC procedures for clients and contractors.
  • Responsible for the development, implementation, and maintenance of the Company's AML policies and procedures.

Monitoring and Compliance:

  • Supervise the monitoring of clients’ transactions for compliance with AML regulations.
  • Ensure the Company's full compliance with CySEC and European AML regulations, by working closely with the Compliance department.
  • Regularly review and update AML policies and procedures to align with regulatory changes and best practices.

Auditing and Reporting:

  • Serve as the primary point of contact for internal/external auditors and CySEC in matters related to anti-money laundering.
  • Develop and implement a robust AML monitoring and reporting system to detect and address potential risks.
  • Report to the Senior Management and the Board on AML matters, including risk assessments and compliance status.

Risk Management:

  • Recommend and manage the AML risks by continuously monitoring and assessing the operations of the AML department and relevant level of risk to which the Company is exposed to.
  • Maintain comprehensive knowledge of clients’ risk categorization in accordance with the AML Directive.
  • Ensure thorough verification of clients identities, origin of funds, based on the AML regulations.

Training and Development:

  • Develop and deliver AML training programs for staff to ensure awareness and understanding of AML requirements.
  • Stay abreast of industry developments, regulatory changes, and best practices in AML compliance to enhance the Company’s AML framework.


  • Minimum of 3-5 years of experience in financial firms, with a focus on anti-money laundering and compliance functions.
  • Stable working background
  • Proven track record of managing an AML team and implementing AML programs.
  • Holder of the CySEC AML certificate.
  • A university degree or professional qualification in finance, law, or a related field.
  • In-depth knowledge of CySEC and European AML regulations.
  • Expertise in KYC procedures, transaction monitoring, and risk assessment.
  • Fluent in English
  • Polish skills are a plus 
  • Strong analytical, organizational, and communication skills.
  • Comprehensive understanding of the requirements for clients’ risk categorization and the necessary documents for verifying clients’  and the origin of funds.
  • Ability to work collaboratively with various departments and the Senior Management.
  • Strong problem-solving skills and the ability to make sound decisions under pressure.

Working hours:

  • The working hours are 9am – 5pm one week and the other week 2pm – 9pm (so weekly shifts). This is an onsite role.

To apply:

Please send your CV to StaffMatters at admin@smstaffmatters.com and mention that you are applying for the vacancy of Head of AML / Compliance with reference number 2562.
Or you can apply directly through your candidate login by hitting the APPLY button.