Executive Director / Head of Compliance
This well-established International CySEC regulated Forex Firm in Limassol is seeking to recruit a CEO / Head of Compliance. Please note that the company is currently located in Nicosia and will be moving to Limassol in the middle of April. So, if you are located in Limassol you need to be able and willing to commute to Nicosia till middle of April 2021. Or, if you are located in Nicosia, you need to be able and willing to commute to Limassol from April 2021 onwards
Arrange and attend all board meetings of the Company and ensure that operational and strategic issues are discussed
Issue guidance to the Company’s executive officers and senior management.
Oversee and take into consideration senior management actions and decisions by conducting regular reviews of the effectiveness of the senior management and its internal control systems.
Ensure that he is aware at all times of all material matters of the Company.
Discuss the Company’s strategy along with the other members of the Company’s board of directors (hereinafter referred to as the “BoD”).
Assume the appropriate measures in order for the Company’s strategy to be implemented.
Reformulate the Company’s strategy whenever deemed necessary.
Determine, along with the BoD, the Company’s structure and hierarchy
Analysing and reporting to the Board of Directors, relevant regulatory rules/updates and suggesting the proper root for implementation
Keeping up to date the Company’s control framework with relevant laws/regulations
Producing and submitting periodic MiFID compliance, AML reports to the Company’s Board of Directors and regulator
Developing and enforcing adequate policies and procedures in order to meet the compliance requirements of CySEC and other applicable rules and regulations
Managing the internal procedures and controls relevant to MiFID and the prevention of money laundering and terrorist financing
Performing regular monitoring to ensure that standards are adhered to
Overseeing corrective action of any compliance violations identified in review, audits and/or exams
Working with all the departments to ensure compliance with applicable regulations
Developing compliance training materials and performing on-going training to employees
Providing advice and guidance to employees as appropriate on money laundering matters
Examining, evaluating and responding promptly to client complaints.
At least 2 years’ experience as an Executive Director CySEC within regulated companies and have compliance / AML background
Holder of CySEC Advanced diploma & AML (must)
Fluency in English
The working hours are 9.00 – 18.00