Our client, a leading financial services consultancy group in Limassol, is looking to recruit a Senior Consultant for its Internal Audit team focused on Regulatory Compliance audits of CIFs and other regulated entities. The successful candidate will perform Internal Audit Inspections and assess the existence of policies and procedures of the regulated entities, analyse the client’s data/information and relevant procedures in place and produce Internal Audit Reports. Experience within a Professional Services firm such as Big 4 or other Advisory firms, either as a Compliance Officer or Internal Audit Consultant is a must.
Responsibilities:
- Assess the existence of policies and operational procedures of the CIFs as required by the relevant legislation on compliance-related topics and regulatory frameworks relevant to AML/Know Your Client (KYC), MiFiD2, Safekeeping/ Safeguarding Clients funds/assets, Capital Adequacy, Own Funds, EMIR, Funds, Fund managers, Payment Service Providers, etc.
- Act as a team leader and lead an IA team during annual and/or extraordinary IA Investigations. Inspect the systems and premises of CIFs, interview key personnel, collect and analyse evidence.
- Undertake qualitative and quantitative assessments of findings and produce IA Reports with major findings/weaknesses along with recommendations on areas that need improvement to the Senior Management and the Board of Directors of CIFs; whilst indicating the level of risk associated with each finding relating to the probability of occurrence and potential impact.
- Undertake sample checks with respect to the implementation of provisions of Laws and regulations pertaining to the Safeguarding of Clients’ assets/funds.
- Assess and analyse the impact of new/upcoming legislation on the CIFs and perform relevant updates to the Internal Audit program.
- Communicate effectively with IA personnel and with personnel and management of CIFs.
Requirements:
- Bachelor’s and/or Master’s degree in Economics, Finance, Accounting, Mathematics, Risk Management, or any other related discipline from a reputable University.
- At least 4 years of experience in the financial services sector (e.g. Compliance Officer in CIFs, other consultancy firm, or relevant) and specifically on relevant regulatory frameworks (e.g. AML, MiFiD2, etc).
- Excellent command of the English and Greek languages, both verbal and written.
- Team spirit, excellent problem-solving abilities and willingness to study and develop.
- Dynamism and ability to deliver results in a timely manner. Time and effort management skills whilst retaining diligence and attention to detail.
- Excellent relationship building and interpersonal skills.
- Computer literate, including Microsoft Office applications (Word, Excel).
- CySEC Advanced Certificate for the provision of investment services 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.
To apply:
Please send your CV to StaffMatters at admin@smstaffmatters.com and mention that you are applying for the vacancy of Senior Consultant Financial Services Advisory Internal Audit with reference number 2564.
Or you can apply directly through your candidate login by hitting the APPLY button.
