Who we are?

ISX Financial EU Plc is an authorised Electronic Money Institution licensed by the Central Bank of Cyprus. The company provides payments, issuance of electronic money, IBAN addressable stored value accounts and KYC identity verification services to eCommerce merchants, regulated sector businesses and consumers.

ISX Financial EU Plc also operates a sophisticated & patented anti-money laundering and anti-fraud system that also provides transactional security to business and retail customers. It is real time and detects the AML issues currently in focus by regulators.

ISX Financial EU Plc is part of the ISX Financial Group of companies. Our inhouse developed platforms allow us to deliver technology and financial services to our customers. The Group employs more than 140 staff located across our offices located in Australia, Cyprus, Lithuania, United Kingdom, Netherlands, USA, Israel, Malta.

The role

ISX Financial EU Plc is now looking for an experienced and talented individual, with natural commercial acumen, to join an important team within the ISX group. The individual will help lead regulatory projects, drive policy development and ensure the ongoing compliance of the ISX group through compliance advisory, monitoring and surveillance as well as providing significant expertise in Financial Crime Compliance.

The individual will perform the AMLCO role elements as defined in the Central Bank of Cyprus AML Guidance, and must have demonstrated experience in a similar role, or assistant AMLCO role at a Credit Institution or Electronic Money Institution in the EEA or UK

Responsibilities include (but are not limited to):

Financial Crime Compliance

• • Oversight of Suspicious Activity Reporting (SARs) regime and liaison with the relevant FIU;
• • Advising the business on FCC matters;
• • Opining on FCC risk matters escalated;
• • Providing communications, training and development of company staff;
• • Act as a reviewer or approver within the ISX governance framework;
• • Deputising for AMLCO/MLRO, subject to regulatory approval;

Compliance Advisory

• • Acting as a source of regulatory knowledge and expertise to the business;
• • Review and Development of ISX policies and procedures;
• • Compliance projects management programme;
• • Undertake compliance monitoring and surveillance;
• • Organizing and leading the work of the Underwriting department;
• • Assisting in the response to regulatory queries and Auditor requests;
• • Participation in the ISX Enterprise-wide risk assessment process;
• • Reviewing the product of the controls functions and providing recommendations;
• • Assist in developing the ISX Control framework;

Regulatory Reporting

• • Assist in the preparation of regulatory reports;
• • Assessment and approval of regulatory reporting in line with the ISX governance framework;
• • Production of internal management information;
• • Assist in regulatory communications;

Scheme and business partner requirements

• • Assist in ensuring the ongoing compliance with the rules of card schemes and key business partners;
• • Assisting in communications with card schemes and key business partners;

Skills and Requirements:

• • Previous experience within a CBC, FCA or Eurosytem regulated environment;
• • Previous approval of the CBC, FCA or Eurosystem for the AMLCO/Alternate AMLCO;
• • Demonstrable understanding of Financial crime risk mechanisms;
• • Significant expertise and understanding of the EU and international regulatory environment;
• • Ability to analyse complex information and make relevant judgement-based decisions;
• • Excellent English and optional Greek verbal and written skills;
• • Ability to multitask, leadership and excellent interpersonal skills;
• • ACAMS, CySEC (AML), ICA qualifications desirable.

The Package:

• Attractive remuneration package
• Private Medical Insurance
• Employee Referral bonus
• Internal cafeteria with barista, unlimited snacks, fruits, drinks
• Sports Benefit participation scheme
• Birthday leave
• Performance Bonus, including mix of cash and share-based scheme of company stock for outstanding performers.
• 21 days of Annual Leave (reaching up to 30 days per year based on years’ service)

How to Apply

Apply to careers@isxfinancial.com with a full copy of your CV quoting “AMLCO”.

Right to Work

You must have the right to legally reside and work in Cyprus or an EU Member state. Experienced UK applicants will be considered via a Company sponsored residency visa.