AML Compliance Officer (AMLCO)
Golden Careers Recruitment
Location
Nicosia
Type
full-time
Salary (Gross)
Salary upon interview
Apply within
31 days
Category
AML, Compliance & Risk
About the Role
On behalf of a well-established accounting and audit firm in Cyprus, Golden Careers is seeking an experienced Anti-Money Laundering Compliance Officer (AMLCO) based in Nicosia. The ideal candidate will possess proven expertise in AML/CFT, customer due diligence, and effective transaction monitoring, alongside mandatory ICPAC certification. This pivotal role involves leading a compliance team, managing direct client interactions, developing and updating operational AML manuals, and fostering a strong compliance culture across the organization.
Responsibilities
- Design, develop and update AML/CFT policies and procedures including KYC, CDD, EDD and sanctions screening
- Oversee and perform quality control reviews of KYC files, UBO verification, and SoF/SoW assessments
- Manage client remediation exercises and periodic compliance reviews
- Design, implement, operate and optimise transaction monitoring rules, thresholds and workflows
- Reduce false positives and prepare management information, KPIs and audit trails
- Communicate directly with clients to obtain supporting documentation and manage sensitive compliance issues
- Lead, supervise and train a team of at least three compliance professionals
- Develop and execute staff training plans while promoting a robust compliance culture
- Develop and maintain role-specific AML procedures, manuals, checklists and reporting templates
Requirements
- University degree in Law, Accounting, Finance, Business Administration or a related field
- Proven AML/CFT experience within a professional services or financial services firm
- Mandatory AML certification issued by ICPAC
- Proven experience in due diligence and effective transaction monitoring
- Demonstrated experience in direct client interaction
- Previous leadership experience managing a team of at least three employees
- Proficiency in Microsoft Excel, Word, PowerPoint and Outlook
- Experience developing, drafting and updating role-specific procedures and operational manuals
- Proactive attitude and commitment to continuous professional development
Benefits
- ✓Competitive remuneration package
- ✓Annual performance-based bonus
- ✓Additional benefits in accordance with company policy
- ✓Continuous training, professional development and regulatory updates
- ✓Opportunities for career progression within the firm
- ✓Supportive, professional and collaborative working environment
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