Senior Compliance Officer

Responsibilities:

• Regulatory Monitoring & Analysis: Stay up to date with legal and regulatory changes, keeping abreast of industry and legal and regulatory developments to ensure that the organization is aware of emerging compliance requirements. Interpret new regulations and determine their impact on company operations.
• Policy and Procedure Review: Assess existing company regulatory compliance manuals, policies, and procedures to verify their alignment with current regulations and best practices. Work closely with management to recommend updates or improvements to maintain a robust compliance framework.
• Compliance Monitoring Program: Conduct regular and thorough reviews of company operations, processes, and documentation for AML and regulatory compliance to ensure compliance with relevant laws, regulations, and industry standards. Identify areas of non-compliance and collaborate with relevant stakeholders to address and rectify issues, including, where required, additional training.
• Complaints Handling: Investigate and resolve client complaints, including Financial Ombudsman cases, effectively and efficiently.
• Compliance Enquiries: Respond to compliance enquiries promptly and accurately.
• Data Analysis and Reporting: Collect and analyze data related to compliance activities, track trends, and produce insightful reports for senior management. Present findings, recommendations, and key performance indicators to support informed decision-making.
• Risk Assessment: Collaborate with cross-functional teams to identify potential compliance risks within different business units or processes. Develop risk assessment strategies and work towards implementing effective risk mitigation plans.
• Regulatory Impact Analysis: Determine whether a reported incident is a breach, an incident or no action, determine reportability to CySEC, and record the reasoning.
• Support Product Governance: Contribute to the product approval process, target market identification and product description forms, and keep Key Information Documents and disclosures up to date.
• Due Diligence: Provide the required information and documentation to key service providers conducting due diligence on the Company.
• Compliance Support and Approvals: Provide advice and guidance to employees of various departments ranging from Customer Support to Back Office and Marketing. Review client communication to ensure this is in line with best practice and regulation.
• External Support: Coordinate and assist, when requested, with authorities and/or external auditors during regulatory and compliance audits. Prepare requested documentation, facilitate access to necessary information, and address inquiries as needed. Support CRS and foreign tax authority correspondence.
• Training and Awareness: Develop and deliver compliance training programs for employees to enhance their understanding of regulations and ethical standards. Foster a culture of compliance awareness throughout the organization.
• Continuous Improvement: Drive ongoing enhancements to the compliance monitoring process by identifying areas for optimization and implementing innovative solutions to streamline procedures.
• Task Management & Proportionality: Balance strategic oversight with operational involvement, managing a diverse set of tasks. Apply complex regulatory obligations in a risk-based, proportionate manner to support commercial activity responsibly.
• Legal: Maintain a close collaboration with legal.

Requirements:

• Bachelor’s degree in Law, Finance, Business or related field; professional certifications (e.g., CAMS, ICA) highly desirable.
• Excellent English communication skills verbally and written.
• CySEC Advanced Certification, or availability to obtain it during the probation period.
• Minimum of 5-7 years of experience in compliance, preferably within the financial services industry, with a focus on online trading or brokerage.
• Proven ability to interpret and implement financial regulation and AML/CFT frameworks.
• Comfortable operating autonomously and managing multiple workstreams.
• Skilled at balancing regulatory rigor with business practicality.
• Excellent written and verbal communication; able to engage confidently with senior management and regulators.