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Finom

Financial solutions for entrepreneurs and freelancers - combining business account benefits with multiple services

Head of AMLCO – Compliance

ComplianceComplianceFull TimeRemoteLeadTeam 501-1,000Since 2019H1B No SponsorCompany SiteLinkedIn

Location

Cyprus

Posted

3 days ago

Salary

0

Seniority

Lead

Professional Certificate3 yrs expEnglish

Job Description

Head of AMLCO – Compliance

Finom

• Act as the approved Compliance Officer and AMLCO for CIF, representing the firm before CySEC • Define reporting requirements and prepare, review, and submit mandatory regulatory reports to CySEC (e.g., Annual Compliance Report, Annual AML Report) • Review and approve marketing materials, publications, and client communications to ensure compliance with MiFID II • Oversee handling of client complaints and manage escalations to the Financial Ombudsman • Act as the MLRO in Cyprus • Own and maintain Cyprus-specific CDD and Transaction Monitoring (TM) policies and procedures • Review escalations of complex, high-risk cases from the 1st Line of Defense (1LOD) • Provide Cyprus-specific financial crime insights and translate them into improvements for FINOM’s TM and CDD risk engine • Lead ad hoc departmental projects (e.g., vendor initiatives, CDD geo-expansion) • Perform additional duties to support operational efficiency, as needed or assigned by management • Oversee and control the KYC reliance arrangement between the CIF and FINOM (per Article 31 of Cyprus AML Law) • Collaborate with Control Testing & Quality Assurance teams to ensure FINOM’s 1LOD processes meet CySEC standards for clients of the CIF • Provide practical guidance, manuals, and procedures for 1LOD, 2LOD escalations, and Risk Management teams • Design and deliver mandatory internal AML and Compliance training programs for staff

Job Requirements

  • Must be a resident of Cyprus and currently living in Cyprus
  • Holder of the CySEC Advanced Certificate **and** CySEC AML Certificate
  • 3–5 years of proven experience in a 2nd Line of Defense (Compliance/AML) role within a CySEC-regulated Cyprus Investment Firm (CIF)
  • Strong knowledge of Cyprus AML legislation, CySEC directives, and the EU MiFID II framework
  • Detail-oriented, highly motivated self-starter with strong analytical and critical thinking skills
  • Start-up mindset: proactive, results-driven, and able to work independently with minimal supervision
  • Business-enabling mindset, avoiding a restrictive “Compliance says No” approach
  • Critical thinker who challenges the status quo and develops innovative, practical solutions
  • Strong communication skills, with the ability to explain complex compliance concepts clearly and concisely
  • Comfortable engaging with stakeholders across different seniority levels
  • Able to present ideas in a simple, practical manner to non-compliance professionals
  • Languages: Business proficiency in English, additional fluency in Greek is advantageous

Benefits

  • Make a genuine impact on the product
  • Join our upward trajectory, and grow with us.
  • Enjoy the flexibility of traveling and working remotely or in a hybrid model across Europe.
  • Unlock your inner entrepreneur and align your aspirations with ours through our Stock Options Program.
  • Receive unwavering support and care at every step.
  • Immerse yourself in our exclusive Work & Swim Program in Cyprus.
  • Equal opportunity employer that values diversity.

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