Our client, a CySEC regulated Forex Company in Limassol, is looking to recruit a Head of Compliance for its Head office in Limassol. The Head of Compliance will be responsible for leading the compliance department and ensuring the Company adheres to all relevant legal and regulatory requirements.
This role involves developing, implementing, and managing the Company’s compliance monitoring program (CMP), policies, and procedures, drafting of reports to the Board of Directors and CySEC. The Head of Compliance should act as a key advisor to the Executive team and the Board of Directors on compliance-related matters.
The successful candidate needs to be available to start as soon as possible.
Responsibilities:
- Develop and oversee the implementation of a comprehensive compliance monitoring program (CMP)
- Provide strategic direction and leadership for compliance initiatives
- Foster a culture of compliance throughout the Company
- Create, review, and update compliance policies and procedures, and ensure, that these are communicated, understood and accordingly implemented across the Company
- Conduct internal audits to ensure compliance with the implementation of those policies and procedures. Lead investigations into compliance breaches and implement corrective actions
- Monitor and interpret regulatory developments/changes and industry standards, and ensure that the Company remains compliant with all applicable laws and regulations
- Prepare and submit the required compliance reports to regulatory bodies like CySEC, CBC, ICF
- Report to the Executive team and the Board of Directors on compliance related issues
- Identify and assess compliance risks within the Company, and develop and implement strategies to mitigate and ideally eliminate those risks
- Act as the primary point of contact for regulatory authorities
- Collaborate with other departments to ensure alignment on and understanding of compliance matters
- Design and deliver compliance training programs for employees and Board of Directors
Requirements:
- Degree in Law, Business Administration, Finance, or a related field
- Minimum of 2 years of experience in compliance, legal, or regulatory roles, in an active company (not dormant or waiting for the licenses activation) with at least 1 year in a leadership position, having more than 1 person under her/his supervision
- CySEC Advanced Examination is a must, in addition CySEC AML examination should be considered as an advantage
- Greek is not mandatory, but could be considered as an advantage
- In-depth knowledge of regulatory requirements and compliance best practices
- Strong understanding of industry-specific regulations
- Excellent analytical, problem-solving, and decision-making skills
- Strong leadership and team management abilities
- Exceptional communication and interpersonal skills
- Ability to work effectively under pressure and with strict deadlines
- Familiarity with data privacy regulations and cybersecurity compliance should be considered as an advantage
- Personal Attributes:
- High ethical standards and integrity
- Detail-oriented with strong organizational skills
Working Hours:
- Monday – Friday, 9am – 6pm (onsite)
Benefits:
- Client is offering a competitive salary based on experience, qualifications and skills
- Eligible for a salary increase, if the annual appraisal (based on the performance) is successful
- 22 days paid annual leave
- Free parking with unlimited duration (day or time)
- Financial support of educational or training seminars, which are related to the employees’ position, work process and tasks
- Company’s events – holiday lunches/dinners
- Friendly and calm work environment
To apply:
Please send your CV to StaffMatters at admin@smstaffmatters.com and mention that you are applying for the vacancy of Head of Compliance with reference number 4430.
Or you can apply directly through your candidate login by hitting the APPLY button.
