About the company

Compliance / AML Officer (VAC-A2369)


49 days ago Recruiting Agent

Job description

Our client an international Online Gaming Company with operations in Malta, Israel, UK, Moldova, Romania and Cyprus is looking to hire a Compliance & AML Officer for their office in Limassol.

This role demands a professional with a keen eye for detail and a solid understanding of Anti-Money Laundering (AML) and Customer Due Diligence (CDD) processes.

The ideal candidate will bring at least 5 years of relevant experience and be committed to ensuring the company’s operations comply with the latest regulations and industry standards.

Job Duties

  • AML/CDD Duties:
  • Perform Customer Due Diligence in alignment with the customer's risk level, scrutinizing sources of wealth and funds, and conducting open source checks, sanctions, and PEP screenings.
  • Manage administrative tasks, including customer communication and meticulous record-keeping.
  • Analyze transactions for potential red flags indicating suspicious or unusual activity and report these findings to the Money Laundering Reporting Officer (MLRO).
  • Prepare and submit suspicious transaction reports (STRs).
  • Serve as the primary contact for operational teams regarding CDD, AML, and related issues, offering necessary support and guidance.
  • Address escalations according to established processes, ensuring compliance with regulatory standards.
  • Critically evaluate existing processes for gaps, suggesting improvements to align with regulatory requirements.
  • Develop risk mitigation strategies following AML audit findings, and implement controls within set timelines.
  • Support the MLRO in documenting new processes, updating procedures, and conducting training.
  • Compliance/Legal Responsibilities:
  • Provide expert advice to management on adhering to local laws and regulations.
  • Handle litigation matters in coordination with external legal advisors.
  • Address escalated customer complaints, drafting formal responses.
  • Conduct thorough legal research and prepare reports for management to support decision-making.
  • Stay informed on changes in local regulations and industry trends, advising management on necessary operational adjustments.
  • Assist with both internal and external audits, regulatory requests, and legal claims.
  • Review and advise on commercial contracts, ensuring they meet legal standards and business objectives.
  • Oversee the compliance of promotional campaigns with relevant legal requirements.
  • Suggest modifications to Terms and Conditions to meet evolving business needs.

Job Requirements

  • A minimum of 5 years' experience in a similar role, preferably within the iGaming industry.
  • Proven expertise in AML and CDD practices.
  • Exceptional analytical and problem-solving skills.
  • Strong communication and interpersonal abilities.
  • Up-to-date knowledge of money laundering and terrorist financing regulations, as well as industry best practices.

TO APPLY for this job opportunity, send your CV (in English please) and include the reference: Compliance / AML Officer - VAC-A2369. We look forward to hearing from you!