Job Description

 The Company

Magic Compass Ltd (the ‘Company’) is an established ICF, based in Limassol, and regulated by the Cyprus Securities and Exchange Commission (CySEC).

Job Description

·         Be appointed as the registered Compliance Officer and Anti-Money Laundering Compliance Officer (CO/AMLCO) with the Cyprus Securities and Exchange Commission (CySEC)

·         Act as the primary point of contact with CySEC and the Unit for Combating Money Laundering (MOKAS/FIU Cyprus)

·         Ensure that all periodic reports any ad hoc regulatory reports are accurately and timely submitted to CySEC and other competent authorities

·         Prepare and submit compliance reports to the Board of Directors and regulatory bodies

·         Analyse new legislation, market developments and developments in the local and EU regulatory framework and propose relevant implementation plans

·         Identify, examine, and report suspicious activities related to money laundering and terrorist financing to MOKAS in accordance with applicable law

·         Assist in the compliance risk assessment process, ensuring that all compliance risks – including those specific to leveraged CFD/FX trading – are appropriately identified, assessed, reported and monitored

·         Coordinate internal compliance reviews and monitoring activities, including periodic reviews of departments and independently investigating and acting on any matters related to compliance

·         Investigate and resolve compliance-related issues, complaints, or incidents in a timely and effective manner

·         Provide advice, guidance and assistance on compliance-related matters as well as training to the members of other departments, as necessary from time to time

·         Assist in conducting internal audits and regulatory inspections

·         Perform KYC/KYB reviews and risk assessments on potential and existing clients

·         Respond to compliance inquiries from various departments

·         Other duties as reasonably directed by the Board of Directors or by the Group Head of Compliance & MLRO

Job Skills/Qualifications

• CySEC Advance certification
• Greek and/or English language proficiency
• 2+ years of experience as a Compliance and/or AML Officer within a CySEC-regulated entity
• Demonstrable experience and knowledge of the CFD-FX industry, including margin trading, leverage requirements, and ESMA/CySEC product intervention measures
• Strong understanding of the CySEC regulatory framework
• Previous experience with transaction monitoring and screening systems (e.g., Sumsub, Refinitiv, LexisNexis or similar)
• Working knowledge of other EU/EEA jurisdictions

• Familiarity with MiCA (Regulation (EU) 2023/1114) and crypto-asset regulatory frameworks

   

  What we offer:

• Competitive remuneration package commensurate with experience
• Continuous professional development and training on the job
• Clear career progression opportunities – not limited to one department or team

How to Apply

Interested candidates are kindly requested to send their CV with the subject 'Compliance Officer Cyprus' to info@magiccompass.com 

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About Company

Magic Compass Ltd