Compliance ,
Legal ,
Administration/Secretarial ,
Online Gaming
CareerFinders, on behalf of our client, an expanding company operating in the Online Gambling industry, we are seeking to recruit an Assistant Compliance Officer to join their growing team based in Nicosia. The successful applicant will work closely with the Compliance Executive to implement and maintain compliance programs, including AML policies and procedures, as well as conduct research on relevant laws and regulations, ensuring compliance and communicating updates. Our client is seeking applicants who are ideally educated to degree level in Accounting, Finance, Law, or another related field, and holders of the CySEC AML certification are encouraged to apply. Previous experience carrying out know-your-customer (KYC), customer due diligence, and enhanced due diligence checks is a must, and any experience in the sports betting industry is greatly desirable, but not essential. Excellent verbal and written communication skills in Greek and English are a must. Our client offers an attractive remuneration and benefits package based on skills and experience including 13 salary, fully paid medical insurance, Friday afternoon’s off, and a hybrid working model.
Key Duties/Responsibilities:
- Collaborate with Compliance
Executive to implement and maintain compliance programs, including AML
policies and procedures.
- Conduct research on relevant
laws and regulations, ensuring compliance and communicating updates.
- Conduct thorough research on
relevant laws, regulations, and industry guidelines related to online
sports betting, staying abreast of regulatory changes, and communicating
updates to the Compliance Executive.
- Assist in maintaining accurate
records, reports, and documentation related to compliance activities.
Ensure that all compliance-related documents are organized and readily
accessible.
- Assist in monitoring compliance
with regulatory requirements and internal policies, preparing compliance
reports for submission to regulatory authorities as necessary.
- Support internal investigations
into compliance issues or violations, documenting findings and aiding in
the implementation of corrective actions.
- Participate in compliance
audits to evaluate program effectiveness, identifying areas for
improvement and assisting in the implementation of audit recommendations.
- Collaborate with the Compliance
Executive to analyze gambling-related data and trends. Prepare reports on
key performance indicators related to safer gambling initiatives and
present findings to management as needed.
- Monitor customer transactions
and account activities for suspicious patterns indicative of money
laundering or other financial crimes, investigating and escalating
concerns in accordance with company policies and regulations.
- Investigate and respond to AML
and Safer Gambling alerts, conducting client account reviews and
escalating issues as needed.
- Address client complaints in a
timely and appropriate manner, collaborating with relevant departments to
implement corrective actions and ensure client satisfaction.
- Assist the Compliance Executive
in fulfilling reporting obligations on a monthly, quarterly, and annual
basis.
- Conduct KYC checks, including
enhanced due diligence, and affordability assessments to ensure compliance
with regulatory requirements.
- Conduct customer risk
assessments pertaining to Anti-Money Laundering (AML), Counter Financing
of Terrorism (CFT), and responsible gambling risks.
- Conduct affordability
assessments to determine whether a client’s deposits are affordable and
request further information where necessary.
- Assist in preparing and
submitting Terms and Conditions (T&Cs), Sports Rules, and T&Cs of
promotions/offers, ensuring compliance with regulatory requirements and
company standards.
- Review marketing materials to
ensure alignment with regulatory guidelines and company policies and
submit them to the Regulator for approval, providing necessary
documentation and supporting information as required.
- Perform any other assigned
compliance-related tasks, including admin duties.
- Perform other duties as
assigned by the Compliance Executive to support the overall compliance
function.
Key Skills/Experience:
- University degree in
Accounting, Finance, Law, or related field.
- Have previous experience
carrying out know-your-customer (KYC), customer due diligence, and
enhanced due diligence checks.
- Experience in the sports
betting industry is greatly desirable, but not essential.
- Be intellectually curious and
have the confidence to follow up on compliance concerns using your own
initiative.
- Be familiar with the AML
framework, including obtaining and analyzing sources of funds.
- Have previous experience with
safer gambling issues, including customer interaction processes is a plus.
- A solid understanding of
National Betting Authority requirements under the regulated law, including
social responsibility, customer interactions and AML/CFT is desirable.
- Ability to develop good
relationships with other departments and with clients.
- Excellent attention to detail
and strong written and oral communication skills.
- Be discreet when dealing with
confidential requests.
- Be sensitive, professional, and
resilient when conducting customer interactions.
- AML CySEC Certificate holder is
desirable.
- Excellent knowledge of the
Greek and English languages.
Key Benefits:
- Competitive remuneration
package based on qualification and experience.
- Fitness allowance with reimbursement
every month.
- 13 salaries.
- Medical Insurance.
- Friday afternoon’s off.
- Hybrid working conditions.
- Flexible working hours.
- Outstanding conditions for
professional growth and development.
To apply for this vacancy, please send your CV, along with any covering letter to [email protected] quoting the above job title. Please note that due to the high volumes of applications received only shortlisted applicants will be responded to. By sending us your CV you are giving CareerFinders your consent to be contacted for this and any other suitable vacancies that we believe match your skills and experience. To view our privacy policy, please click www.careerfinders.com.cy/privacy-policy.