Our client is authorised as an Alternative Investment Fund Manager and regulated by the Cyprus Securities and Exchange Commission and is currently looking for a Head of Compliance & Money Laundering Reporting Officer to join their team in Nicosia.

Our client brings together experience across investment disciplines, from real estate to special situations and credit strategies, to deliver best-in-class, risk-adjusted returns for our investors. The company seeks investment opportunities in markets that have suffered an economic or banking crisis, resulting in a dislocation in asset pricing.

The Role

The successful candidate will be responsible in managing the compliance function, anti-money laundering risk assessment frameworks, ensuring adherence to AIFMD and other relevant legal and regulatory guidelines.

Joining a team of professionals based in Greece and Cyprus, the individual will be expected to build strong working relationships across the business.

Position’s Duties and Responsibilities

• Develop, implement, and rigorously monitor compliance policies and procedures.
• Function as the Money Laundering Reporting Officer (MLRO), managing all AML-related matters.
• Conduct investor risk scoring and KYC processes.
• Engage with various external entities including banks, administrators, depositaries, legal advisors, internal auditors, and compliance advisors.
• Interact with investors for communications and due diligence processes.
• Collaborate with different departments within the organization such as the deal team, finance, legal, and investor relations.
• Assist in transaction execution from a compliance/KYC standpoint, providing essential support to the company.
• Review and assistance in preparing board meeting minutes for the AIFM and its funds.
• Review fund documentation for new fund setups and provide assistance to the Executive Directors on related matters.
• Utilize legal qualifications to support business operations beyond compliance duties.
• Ensure compliance of new investments with regulatory standards.
• Maintain and update compliance documentation and reports for regulatory bodies.
• Conduct compliance training and offer guidance to staff members.
• Stay updated on regulatory changes and provide strategic advice to management.

Position’s Requirements

• Bachelor’s Degree in Law or any other related field
• 10+ years of relevant working experience
• Fluent in English and Greek
• Proven experience with Alternative Investment Funds / AIFMD is required
• CySEC AML Certification will be considered as an advantage
• Excellent knowledge of MS Office applications
• Advanced communication and analytical skills
• Ability to multi-task in a fast-paced high-pressured environment
• Organisation skills and ability to work independently
• Motivated and hard working with a high level of focus on work quality and attention to detail

Tagged as: head of compliance, investments, Money Laundering