Compliance Manager

We’re seeking a Compliance Manager on behalf of our client a forex company based in Nicosia.

Responsibilities:

• Having overall responsibility for the Compliance function of Safecap Investments Limited. 

• Maintaining excellent understanding of the relevant regulatory requirements and providing guidance and advise to management and other colleagues.

• Developing, maintaining, and updating compliance and AML manuals, policies, procedures, and controls.

• Developing and implementing a risk-based compliance monitoring program.

• Updating and implementing ongoing monitoring procedures for Corporate Authorised Representative, distributors or affiliate arrangements and reviewing the Company’s marketing material and affiliates on an ongoing basis.

• Conducting reviews/audits of departments, key business and other processes and activities to ensure the continued adherence to and effective implementation of policies, procedures, and regulations.

• Identifying, examining, and reporting suspicious activities related to money laundering and terrorist financing. 

• Taking corrective action in case that compliance violations are observed.

• Having responsibility for the compliance risk assessment process, ensuring that all compliance risks are appropriately identified, assessed, reported, and monitored.   

• Acting as the designated Compliance and AML Officer for CYSEC.

• Handling all regulatory communication and acting as the contact person with CYSEC.

• Preparing and submitting periodic and ad hoc reports to CYSEC and the Board of Directors. 

• Leading, managing, and developing the company’s Compliance team.

• Promoting and enhancing a strong company-wide compliance culture.

• Delivering internal trainings on compliance-related matters, including internal policies and procedures, the application of guidelines, standards and relevant regulatory requirements.

• Bachelor’s degree in Law, Finance or other related field.

• Holder of the Advanced and AML CYSEC Certifications.

• At least 3 years of experience in a similar role. 

• Excellent knowledge of English, both verbal and written. 

• Computer literacy.

• Hands-on and results driven.

• Commercial orientation and awareness.

• Practical approach in understanding and applying regulatory requirements.

• Self-motivated with an ability to work autonomously.

• Team player.

Benefits:

• Competitive salary depending on skills and experience.

• Discretionary annual bonus.

• Hybrid working model.

• Group Medical Scheme.

• Provident Plan Scheme.

• Training opportunities. 

• Friendly working environment.