Head of Compliance
Our client is a well-established CySEC regulated CFD and Forex Broker and they are looking to hire an experienced Head of Compliance to join their team based in Limassol.
Ensuring compliance with laws, regulations and directives issued by CySEC;
Ensuring implementation of the procedures described in the Company’s Procedures Manual;
Monitoring and assessment that adequate policies and procedures, to detect any risk of failure by the Company to comply with its obligations under the Law, as well as the associated risks, have been established, implemented and are maintained and that for these purposes, the Company takes into account the nature, scale and complexity of the business of the Company, and the nature and range of investment services and activities undertaken in the course of that business;
Ensuring that employees of the Company attend training sessions on compliance with applicable laws, rules and regulations as well as anti-money laundering and terrorist financing procedures;
To provide advice and guidance to Company’s employees;
Ensuring the implementation of the “know your client” procedures of the Company;
Communication with regulatory bodies;
Assisting regulatory bodies in performing inspections of the Company’s activities;
Supervising the gathering of information with regards to the new Customers of the Company;
Supervising the monitoring and analysis of the Customers’ transactions;
Continuous improvement of the existing control procedures;
Reviewing Company’s Marketing Communication and checking if it has been prepared in accordance with legal requirements;
Advise and assists employees responsible for carrying out investment services and activities to comply with Company’s obligations under the Law and the Directives;
Recommend, in case of detection of any weakness or failure by the firm to comply with its obligations under the Law, specific remedial measures;
Provides an annual written report to the Board of Directors on the matters of his/her responsibility indicating in particular whether the appropriate remedial measures have been taken in the event of any deficiencies;
Legal academic background
Fluent in English both oral and writing.
Outstanding Legal English writing skills.
Deep understanding of CySec regulations
Excellent knowledge of EU and international law.
Experience in the Forex industry is a must. (A minimum of two years in similar position)
CySec Advanced Certificate & AML Certificate