Compliance Associate (5906)

Job Overview

CareerFinders, on behalf of our client, a market-leading and rapidly expanding technology-driven provider of eMoney, Payments and Identity Verification solutions to clients across the globe, we are seeking to recruit a Compliance Associate to join their team based in Nicosia. The successful applicant will primarily be responsible for ensuring Compliance with the Company’s policies and procedures, including, but not limited to: AML/CTF, ABAC, Information security, data privacy and audit requirements. You will hold some previous experience within a similar compliance-related role and should have an interest in the Financial Services sector. Fluency in English (Written & Spoken) is a must.

Key Duties/Responsibilities:

  • Ensuring Compliance with the Company’s policies and procedures, including, but not limited to: AML/CTF, ABAC, Information security, data privacy and audit requirements.
  • Administration of the initial on-boarding and ongoing operational merchant due diligence and card scheme compliance.
  • Undertake due diligence procedures for the onboarding of clients (KYC).
  • Ensuring merchants are on-boarded according to company policies and procedures.
  • Process applications for the opening of new client accounts into the company’s systems for the Purpose of ‘Know Your Customer’ (KYC).
  • Client Liaison for the purposes of requesting, gathering and checking completeness of all merchant due diligence data, information and/or documentation required as per Company Procedures.
  • Verifying the data, documentation / information for purpose of including checks of merchant incorporation status via company house/company registrar, regulators, specialist databases and public access databases.
  • Identification of significant controllers and beneficial owners.
  • Identifying and verifying that merchants hold appropriate licensing to operate in their stated industry sectors, particularly those that are sensitive to AML/CFT risks, which may include but is not limited to: licensing status; geographical location and regulatory limitations or enforcement, sanctions imposed and politically exposed persons in control; Industry type; business credibility.
  • Ensuring client status recorded is up-to-date throughout the client lifecycle from on-boarding through to termination.
  • Perform the periodic KYC reviews of client accounts.
  • Amend existing clients accounts in compliance systems.
  • Updating clients’ records in compliance folders.
  • Receive and review documents and handle filing administration.
  • Communication with and support of other departments.

Key Skills/Experience:

  • Bachelor’s Degree in Finance, Math, Sciences, Law or another related field.
  • An interest in Financial Services.
  • Experience in client on-boarding, KYC / customer due diligence.
  • An understanding of financial crime risks including: money laundering; terrorist financing, fraud or scams.
  • Solid analytical, negotiation and problem-solving skills.
  • Proficiency in English (both written and oral).
  • Time management skills.
  • Ability to communicate effectively with other departments within the company or externally with clients and business partners.

To apply for this vacancy, please send your CV, along with any covering letter to [email protected] quoting the reference number KAR5906. 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

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