Business Consulting 

Cyprus

Mercury Consulting (Cyprus) Ltd

AML, Compliance and Risk Management

Compliance & Regulatory Affairs

Job DescriptionA well-established international business consulting firm is seeking to recruit a Compliance Officer to work full time at their offices in Nicosia.&nbsp;Key duties:<ul><li>Conduct comprehensive AML/KYC due diligence on prospective and existing clients in accordance with regulatory requirements and internal compliance standards</li><li>Collect, validate, and assess all required KYC documentation, ensuring accuracy, authenticity, and completeness prior to onboarding</li><li>Establish clients’ economic profile and ML/FT risk assessments</li><li>Perform risk assessments on clients, assigning risk classifications based on established methodologies</li><li>Carry out Enhanced Due Diligence (EDD) for high-risk clients</li><li>Execute sanctions, PEP, and adverse media screening through screening tools, documenting all findings and ensuring proper escalation of potential matches</li><li>Assess and validate clients’ source of funds and source of wealth in line with AML regulatory expectations</li><li>Identify potential red flags, inconsistencies, or unusual activity during the onboarding review and escalate to senior management as required</li><li>Maintain accurate, complete, and audit-ready KYC files within the company’s KYC systems</li><li>Ensure timely updating and recording of all due diligence findings, risk assessments, and supporting documentation within internal systems</li><li>Communicate professionally with personnel to request additional information, clarify KYC gaps, and ensure full compliance with onboarding requirements</li><li>Ensure all onboarding-related activities comply with applicable AML legislation, regulatory obligations, and internal procedures</li><li>Conduct periodic KYC refresh reviews for existing clients based on their assigned risk level, ensuring ongoing compliance</li><li>Monitor regulatory developments and industry best practices to ensure onboarding procedures remain up-to-date and effective</li><li>Contribute to the continuous enhancement of onboarding workflows and AML/KYC documentation standards</li><li>Uphold strict confidentiality and data-protection standards when handling sensitive client information</li><li>Participate in AML training sessions and internal knowledge-sharing initiatives</li><li>Perform any other reasonable duties or tasks assigned that are relevant to the role and responsibilities</li></ul>&nbsp;Skills and requirements<ul><li>Bachelor’s degree or equivalent academic qualification in law, accounting or a business-related discipline</li><li>Experience with automated KYC and AML monitoring tools</li><li>A minimum of 2 years previous experience in a similar role</li><li>Good knowledge of the EU and local AML/CTF regulatory requirements</li><li>ICA Certification in Anti Money Laundering for ICPAC and CBA Members</li><li>Excellent spoken and written command of the English and Greek languages</li><li>Additional languages will be considered an advantage</li><li>Proficiency in Microsoft Office applications</li><li>Meticulous attention to detail</li><li>Ability to multi-task, work under pressure and prioritise tasks, so as to meet deadlines</li><li>Ability to work both independently and as part of a team with minimal supervision</li><li>Strong sense of commitment, responsibility and professionalism</li><li>Reliability, honesty, discretion and respect for confidentiality</li><li>Pleasant disposition and professional attitude</li><li>Candidates must be citizens or permanent residents of Cyprus</li></ul>&nbsp;Benefits<ul><li>Working hours: Monday to Thursday 8.30 am - 5.30 pm, Friday 8.30 am - 2.00 pm</li><li>Attractive remuneration package</li><li>20 days annual leave&nbsp;</li></ul>&nbsp;Interested applicants should send their CVs including a cover letter in English to <a href="mailto:recruit@ocsmail.biz">recruit@ocsmail.biz</a>&nbsp;

Compliance Officer

Compliance Officer

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