The Client:

Our client, OneVault, which has recently received its EMI licence from the Central Bank of Cyprus is looking to recruit a detail-oriented and experienced AMLCO & Compliance Officer with strong risk monitoring capabilities to ensure adherence to regulatory requirements, mitigate financial crime risks, and enhance the compliance framework.

OneVault is member of Finvasia Gorup which is a global enterprise with headquarters in Chandigarh, India, offering services in 4 sectors of expertise – financial services, healthcare, blockchain and real estate.

The Position:

The AMLCO & Compliance Officer will report to the Board of Directors. This role will oversee anti-money laundering (AML) compliance, regulatory reporting, and risk assessment processes to safeguard the integrity of the organization.

Responsibilities:

1) Key Responsibilities:

• Act as the designated Anti-Money Laundering Compliance Officer (AMLCO), ensuring full compliance with AML/CFT regulations.

• Develop, implement, and maintain AML policies and procedures in line with regulatory standards.

• Oversee customer due diligence (CDD), enhanced due diligence (EDD), and ongoing monitoring of transactions.

• Conduct and oversee suspicious activity investigations and file Suspicious Activity Reports (SARs) as required.

• Manage and mitigate risk related to sanctions violations.

• Liaise with regulatory authorities and internal stakeholders on AML compliance matters.

• Serving as a liaison to the local authorities, managing filings to the local Financial Investigation Unit

• Partnering with Product Owners to drive the appropriate execution of compliance requirements.

• Assigning and delegating tasks to other officers and employees acting under his/her supervision

2) Regulatory Compliance:

• Stay updated on applicable laws, regulations, and guidelines issued by regulatory bodies.

• Ensure the organization’s policies align with industry’s best practices and regulatory expectations.

• Provide training and awareness programs on AML/CFT compliance for employees.

• Maintain documentation and reports related to AML compliance and regulatory examinations.

• Perform regular compliance risk assessments to identify, assess, and mitigate risks.

• Utilize data analytics and risk monitoring tools to detect suspicious activities and patterns.

• Preparing annual regulatory reports or ad hoc when required by the regulator.

3) Internal Controls & Compliance Review:

• Conduct regular compliance reviews, audits, and stress tests on AML and compliance controls.

• Identify gaps in controls and recommend corrective actions to strengthen compliance mechanisms.

• Foster a culture of compliance and ethical conduct across the organization.

Requirements:

• Bachelor’s degree in Finance, Law, Business, or a related field

• AML certifications are highly desirable.

• Minimum 5 years of experience in AML compliance, regulatory compliance, or risk monitoring within the financial services sector.

• Strong knowledge of AML/CFT regulations, risk assessment methodologies, and regulatory frameworks.

• Ability to practice critical thinking and risk based approach in evaluating customer business models.

• Familiarity with compliance monitoring tools and technologies.

• Able to work on own initiative, independently, prioritize workload and pay attention to details.

• Strong communication and interpersonal skills.

• Fluent in both English and Greek (written and verbal).

• Computer literacy, knowledgeable in Excel.

Location:

Client’s Offices in Nicosia, Cyprus

Benefits:
An attractive remuneration package will be offered to the successful candidate according to qualifications and experience.

TO APPLY CLICK HERE

Apply now in strict confidence.

Only successful candidates will be contacted