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 Head of AML Officer for their offices in Larnaca.

THIS IS A FULL TIME OFFICE POSITION.

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:

€ 4-5k 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:  Head of AML – Fully Onsite – VAC-C4322. We look forward to hearing from you!