HRus Partners (license number 414), on behalf of our client, a reputable and well-established FX company based in Limassol, we are seeking an experienced Head of Compliance with proven leadership capabilities and in-depth industry knowledge.
Key Responsibilities
- Ensure the company’s full compliance with CySEC regulatory framework, including the Investment Services and Activities and Regulated Markets Law (Law 87(I)/2017), the Prevention and Suppression of Money Laundering and Terrorist Financing Law, and relevant EU directives and regulations.
- Develop, maintain, and update the Compliance and AML Manual, internal policies, procedures, and controls to reflect current laws, regulations, and industry best practices.
- Monitor and assess the effectiveness of existing compliance and AML controls and propose improvements where necessary.
- Provide regulatory guidance and advice to Senior Management and relevant departments on new or changing regulatory obligations and how these impact the firm’s operations.
- Collaborate closely with senior management and the Board of Directors, providing regulatory guidance and support on compliance and AML/CFT matters, and ensuring that strategic decisions align with the applicable legal and regulatory framework.
- Prepare and submit required reports to CySEC and other regulatory filings.
- Monitor day-to-day activities and transactions for potential breaches, suspicious activity, or regulatory risks, and ensure prompt investigation, escalation, and reporting.
- Ensure the implementation and monitoring of ongoing client due diligence (CDD), enhanced due diligence (EDD), and Know-Your-Customer (KYC) processes.
- Conduct periodic reviews of client files and internal systems to ensure adherence to AML requirements.
- Provide training to staff on regulatory obligations, AML/CFT procedures, and compliance awareness, and ensure continuous professional development across the company.
- Liaise directly with CySEC and other authorities during inspections, audits, and ad hoc information requests.
- Ensure timely implementation of recommendations arising from internal and external audits, inspections, and reviews.
- Ensure cooperation with external auditors, internal auditors, consultants, and other stakeholders in respect to compliance and AML functions.
- Uphold the highest standards of integrity, discretion, and ethical behavior in all activities and represent the company in a professional manner.
Key Requirements:
- University degree in Law, Finance, Business Administration, or a related field
- Holder of the CySEC Advanced Certificate and AML Certification
- Should have minimum 1 year experience of relevant experience in compliance and AML role under CySEC regulation
- In-depth knowledge of CySEC regulations, MiFID II guidelines, AMLD regulations, and applicable EU financial legislation
- Experience in dealing with regulatory audits, inspections, and reporting obligations
- Excellent communication, leadership, and analytical skills
- High level of integrity and professionalism
- Strong attention to detail and analytical thinking
- Ability to work independently and manage multiple regulatory deliverables
- Sound judgment and risk-based decision-making
- Effective communication with regulators, auditors, and senior stakeholders
Benefits
- Pleasant, supportive, and dynamic work environment
- Flexible working arrangements
- Private medical insurance upon successful completion of the probationary period
- Discretionary year-end performance bonus
- On-site employee parking
- Continuous training and professional development opportunities
If you believe you could be a good fit with the role send us your CV at careers@hruspartners.com
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