Compliance Officer at Mercury Consulting (Cyprus) Ltd

Mercury Consulting (Cyprus) Ltd

Nicosia, Cyprus

Compliance Officer

€1–1 Monthly salary

On-site Work arrangement

Full Time Employment type

Mid-Level Seniority level

280

Job Description

Job Description

A well-established international business consulting firm is seeking to recruit a Compliance Officer to work full time at their offices in Nicosia.

Key duties:

Conduct comprehensive AML/KYC due diligence on prospective and existing clients in accordance with regulatory requirements and internal compliance standards
Collect, validate, and assess all required KYC documentation, ensuring accuracy, authenticity, and completeness prior to onboarding
Establish clients’ economic profile and ML/FT risk assessments
Perform risk assessments on clients, assigning risk classifications based on established methodologies
Carry out Enhanced Due Diligence (EDD) for high-risk clients
Execute sanctions, PEP, and adverse media screening through screening tools, documenting all findings and ensuring proper escalation of potential matches
Assess and validate clients’ source of funds and source of wealth in line with AML regulatory expectations
Identify potential red flags, inconsistencies, or unusual activity during the onboarding review and escalate to senior management as required
Maintain accurate, complete, and audit-ready KYC files within the company’s KYC systems
Ensure timely updating and recording of all due diligence findings, risk assessments, and supporting documentation within internal systems
Communicate professionally with personnel to request additional information, clarify KYC gaps, and ensure full compliance with onboarding requirements
Ensure all onboarding-related activities comply with applicable AML legislation, regulatory obligations, and internal procedures
Conduct periodic KYC refresh reviews for existing clients based on their assigned risk level, ensuring ongoing compliance
Monitor regulatory developments and industry best practices to ensure onboarding procedures remain up-to-date and effective
Contribute to the continuous enhancement of onboarding workflows and AML/KYC documentation standards
Uphold strict confidentiality and data-protection standards when handling sensitive client information
Participate in AML training sessions and internal knowledge-sharing initiatives
Perform any other reasonable duties or tasks assigned that are relevant to the role and responsibilities

Skills and requirements

Bachelor’s degree or equivalent academic qualification in law, accounting or a business-related discipline
Experience with automated KYC and AML monitoring tools
A minimum of 2 years previous experience in a similar role
Good knowledge of the EU and local AML/CTF regulatory requirements
ICA Certification in Anti Money Laundering for ICPAC and CBA Members
Excellent spoken and written command of the English and Greek languages
Additional languages will be considered an advantage
Proficiency in Microsoft Office applications
Meticulous attention to detail
Ability to multi-task, work under pressure and prioritise tasks, so as to meet deadlines
Ability to work both independently and as part of a team with minimal supervision
Strong sense of commitment, responsibility and professionalism
Reliability, honesty, discretion and respect for confidentiality
Pleasant disposition and professional attitude
Candidates must be citizens or permanent residents of Cyprus

Benefits