Job Description

CareerFinders, on behalf of our client, an established Electronic Money Institution (EMI) with expanding operations here in Cyprus, we are seeking to recruit a Group MLRO to join their growing team based in Limassol. As the Group MLRO, you will be responsible for managing and maintaining all aspects of the firm’s Compliance and Financial Crime functions. Your primary remit will be to safeguard the business against fraud, money laundering, internal fraud, security threats, and related reputational risks. Our client is seeking applicants who possess approximately 5+ years of experience of working as a Compliance Officer and MLRO within a Payments Industry/Electronic Money Institution in the UK and/or the European Economic Area (EEA). You will need to have working knowledge of the legal and regulatory obligations including MLRs, PSRs and EMRs, and possess excellent communication skills in English. An attractive remuneration and benefits package is offer which includes a generous base salary, hybrid working options, Friday afternoon’s off, and more!

 

Key Duties/Responsibilities: 

• Responsible for anti-money laundering (AML) compliance providing oversight, control, support, and coordination for anti-money laundering compliance.
• Manage the entire compliance members of the firms both locally in the UK and abroad.
• Manage Financial Crime Prevention function supporting and protecting the business against Fraud and Money Laundering Risk, Internal Fraud, Security, and related reputational risk ensuring that the needs of all stakeholders are met.
• Maintain relationships with the firm banking partners.
• Own all aspects of the Compliance framework.
• Responsible for the development, implementation, and maintenance of an effective tactical and strategic anti-money laundering program.
• Understand and have continuing knowledge of all local AML requirements to ensure that the AML program is consistent with all applicable local laws, regulations, and rules and that the AML program is updated, as required, in light of changes to local laws, regulations and rules.
• Develop and manage a regular monitoring and reporting process to inform senior management, the audit committee, and the board, as necessary and required.
• Ensure that all activity and transactions that are identified as potentially suspicious are investigated, reviewed, and resolved in accordance with established procedures.
• Manage AML Compliance Teams to address issues raised in internal audit reports, self-assessments, compliance reviews, or regulator’s examination about AML policy.
• To personally manage and where appropriate carry out high profile/sensitive investigations.
• Establish and maintain liaison with local/county/regional and international financial industry representatives to proactively identify current fraud trends, criminal activity and the identification of organised criminal groups and influence security best practices.
• Liaison with national and international law enforcement entities and liaison with local financial industry representatives to proactively identify fraud trends/criminal activity and organised criminal attacks.

 

Key Skills/Experience: 

• 5 years of experience of working as a Compliance officer and MLRO within a Payments Industry/Electronic Money Institution in the UK and/or EEA.
• AML/CTF advisory experience and good working knowledge of SARs regime
• Working knowledge of the legal and regulatory obligations including MLRs, PSRs and EMRs.
• Excellent communication skills both written and verbal.
• Credible stakeholder engagement skills to align with our organisational values and behaviours.
• Strong leadership skills.

 

Key Benefits: 

• Competitive salary based on your qualifications and experience.
• Flexible working hours.
• Short Fridays to kick-start your weekend early.
• 1 remote workday per week for a better work-life balance.
• Weekly complimentary lunch.
• Sports Benefit or Wolt lunch allowance.

 

To apply for this vacancy, please send your CV, along with any covering letter to jobs@careerfinders.com.cy quoting the reference number ERG9110. Please note that due to the high volumes of applications received only shortlisted applicants will be responded to. By sending us your CV you are giving CareerFinders your consent to be contacted for this and any other suitable vacancies that we believe match your skills and experience. To view our privacy policy, please click www.careerfinders.com.cy/privacy-policy.  

How to Apply

Interested candidates are kindly requested to send their CV to the HR Manager at jobs@careerfinders.com.cy.

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About Company

CareerFinders Recruitment Services Ltd

With offices in Nicosia and Limassol, CareerFinders was founded by two recruitment professionals with extensive industry experience both in Cyprus and Internationally. Our core business model is to provide superior recruitment services to both local and international clients and candidates, primarily throughout the Island of Cyprus. Built on foundations of quality, trust and experience our thorough, personal and tailored approach to recruitment assignments sets us above the competition and ensures that both employers and job seekers find that ideal match. The core industry sectors we service include, but are not limited to Accounting, Finance, Banking, Corporate Services, Engineering, Forex/Binary, Information Technology, Shipping, Legal and Oil & Gas.