Our client is a well-established financial firm and the first Cyprus company to receive a license to operate as an Electronic Money Institution granted in 2007. They are currently looking for an AML Officer for their offices in Larnaca.

Job Summary

We are seeking a proactive and detail-oriented AML Officer with solid experience in Anti-Money Laundering and regulatory compliance within Cyprus. The successful candidate will support the implementation of AML/CFT frameworks, ensure compliance with local regulatory requirements, and provide practical guidance on legal and regulatory matters, particularly in line with expectations from the Central Bank of Cyprus.

Key Responsibilities

AML & Compliance Duties:

• Support the development, implementation, and maintenance of AML/CFT policies and procedures in line with Cypriot legislation and EU Directives
• Perform Customer Due Diligence (CDD), Enhanced Due Diligence (EDD), and ongoing monitoring
• Review and investigate transaction alerts, identify suspicious activities, and assist in preparing reports to authorities (e.g., MOKAS)
• Conduct AML risk assessments and contribute to internal control enhancements
• Maintain proper documentation and audit trails in line with regulatory expectations
• Monitor regulatory updates from the Central Bank of Cyprus and other relevant bodies

Regulatory & Legal Advisory Support:

• Provide practical, day-to-day legal and regulatory guidance
• Assist in interpreting laws, directives, and circulars issued by the Central Bank of Cyprus
• Support the drafting and review of internal policies, procedures, and basic agreements
• Identify potential legal or regulatory risks and escalate where appropriate
• Liaise with external legal counsel when specialized advice is required

Training & Communication:

• Assist in delivering AML training and awareness programs to employees
• Act as a point of contact for internal AML/compliance queries
• Support preparation for internal and external audits and regulatory inspections

Requirements

• Bachelor’s degree in law, Finance, Business Administration, or a related field
• Exceptional professional proficiency in both Greek and English (spoken and written)
• 3–5 years of experience in AML/compliance within Cyprus (banking, fintech, or financial services preferred)
• Good understanding of Cypriot AML Law and EU AML Directives
• Familiarity with requirements and expectations of the Central Bank of Cyprus
• Basic ability to interpret legal documents and provide practical guidance (not acting as legal counsel)
• Experience with transaction monitoring systems and AML tools
• Professional certifications (e.g., CAMS, ICA) are an advantage

Key Competencies

• Strong analytical and investigative skills
• Attention to detail and ability to work with sensitive/confidential information
• Good judgment and ability to escalate issues appropriately
• Clear communication skills (written and verbal)
• Ability to balance regulatory compliance with operational needs

Benefits:

€ 2,500 Gross

+ Medical Insurance

Working hours:

8am – 4pm or 9am – 5pm

TO APPLY for this job opportunity, send your CV (in English please) to [email protected] and include the reference:  AML Officer – VAC-C4263. We look forward to hearing from you!