Compliance Officer VAC-15470M

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Full Time
  • Post Date: October 10, 2017
  • Location cyprus, limassol
  • Industry for the position Financial Services
  • Company StaffMatters Recruitment Specialists
Job Description

Our client, a CySEC licensed FX Company in Limassol is looking to hire a Compliance Officer for their team here in Limassol.

Responsibilities:

Respond to Compliance inquiries

Make sure that the firm is in compliance with the CIF legislative framework

Integrate Compliance and AML matters into policies, procedures, forms and training

Draft the Companies Manuals and Business Policies

Draft procedures for in-house use and resolving any dispute regarding such matter

Making certain that employees are following internal compliance guidelines

Draft procedures for cooperation with outsourced Service Providers and monitoring of outsourcing arrangements implementation

Review the marketing promotional material and tools, and advice as to the applicable legislation

Ensuring compliance with regulation regarding any marketing promotions and/or advertisements

Audit all policies and procedures in order to be in line CySEC’s requirements

Review marketing/promotional material to ensure compliance

Handle clients’ complaints

Maintain the accuracy and relevancy of compliance records, tests and training material

Enact corrective measures when necessary and inform the company Directors

Prepare and maintain AML Program and AML checks in all transactional processes

Monitor transactions, published content, and recorded calls

Maintain and monitor Suspicion Reports provided by other departments

Monitor outsourcing arrangements

Provide Compliance and AML training to employees

Liaise and communicate with the Regulator

Preparation and submission of reports to CySec

Lead and manager Internal Audits

Review and draft contracts, terms and conditions, legal opinions and answers, and any other legal document

Drafting board resolutions/minutes

Lead and Manage the Compliance and Back Office team

Assisting, training and updating the Back Office in implementation of new regulations

Monitoring the Accounting Function (reconciliations and funds safeguarding arrangements)

Coordinate litigation activities

Advising on the new business strategy and organisational structure of the Company

Job requirements (knowledge, education, experience):

1-3 years of experience in Internal Audit, Risk Management, Compliance with the Prevention of Money Laundering and Terrorist Financing – Advantage

Legal Background would also be considered an advantage;

Excellent knowledge of CySEC licensing and regulations

Background in Internal Audit / Risk Management / Compliance with the Prevention of Money Laundering and Terrorist Financing would be considered as an advantage

Ability to work in a fast-paced environment

CySEC Advanced Certificate or in the process of acquiring it

Fluent English

Able to work under pressure and meet tight deadlines

The working hours are from 09.00 – 18.00 with one hour lunch break (Monday to Friday)