CareerFinders, on behalf of our client, one of Cyprus’ most well established and respected Financial Services Consulting Groups, we are seeking to recruit a Senior Consultant (Financial Services Advisory) to join their growing team based in either Limassol or Nicosia. The successful applicant will primarily be responsible for assessing the existence of policies and procedures of regulated entities, analysing the client’s data/information and reviewing plans for Internal Audit inspections, including producing assessments and Internal Audit reports. Our client is seeking applicants who are educated to degree level in Economics, Finance, Accounting, Mathematics, Risk Management, or any other related discipline who possess approximately 5 years of proven work experience in the financial services sector, with specific exposure to relevant regulatory frameworks. Holders of the CySEC Advanced certification are encouraged to apply.

Key Duties/Responsibilities:

• Assess the existence of policies and operational procedures of the CIFs as required by the relevant legislation on compliance-related topics and regulatory frameworks relevant to AML/Know Your Client (KYC), MiFiD2, Safekeeping/ Safeguarding Clients funds/assets, Capital Adequacy, Own Funds, EMIR, Funds, Fund managers, Payment Service Providers, ASPs, etc…
• Analyse Client’s data/information and review/finalise plans for the undertaking of Internal Audit (IA) Inspections relevant to the above subject matters amongst others.
• Inspect the systems and premises of CIFs, interview key personnel, collect and analyse evidence.
• Undertake qualitative and quantitative assessments of findings and produce IA Reports with major findings/weaknesses along with recommendations on areas that need improvement to the Senior Management and the Board of Directors of CIFs; whilst indicating the level of risk associated with each finding relating to the probability of occurrence and potential impact.
• Undertake sample checks on the application of accounting principles by the CIFs whilst assessing the implementation of provisions of Laws and regulations pertaining to the Safeguarding of Clients’ assets/funds.
• Perform sample checks of Client funds reconciliation procedures of CIFs.
• Assess and analyse the impact of new/upcoming legislation on the CIFs and perform relevant changes to Internal Audit plans.
• Communicate effectively with Internal Audit personnel and with personnel and management of CIFs.

Key Skills/Experience:

• Bachelor’s and/or Master’s degree in Economics, Finance, Accounting, Mathematics, Risk Management, or any other related discipline from a reputable University.
• Approximately 5 years of experience in the financial services sector (e.g. Compliance Officer in CIFs, other consultancy firm, or relevant) and specifically on relevant regulatory frameworks (e.g. AML, MiFiD2, etc).
• Holders of the CySEC Advanced Certificate are encouraged to apply.
• Any relevant work experience within an Accounting and Finance department of a CIF will be considered a plus.
• Candidates working towards accounting qualifications/certifications are encouraged to apply.
• Excellent command of the English and Greek languages, both verbal and written.
• Team spirit, excellent problem-solving abilities and willingness to study and develop.
• Dynamism and ability to deliver results in a timely manner.
• Excellent relationship building and interpersonal skills.
• Ability to communicate with impact.
• Computer literate, including Microsoft Office applications (Word, Excel).

Key Benefits:

• Competitive remuneration package including a 13th salary.
• Discretionary performance-based annual bonus.
• Provident fund upon successful completion of the probation period.
• One afternoon off and working from home.
• 23 days of annual leave.
• In-house and external training courses.

To apply for this vacancy, please send your CV, along with any covering letter to jobs@careerfinders.com.cyquoting the reference number CAR7002. 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 www.careerfinders.com.cy/privacy-policy.