#aggeliesergasias #Cyprus AML Compliance Manager ID 22691 Job category: Banking/Coop Mailing details : Company name: GCproManagment Address: Makareiou Galaxias Building Town: Nicosia Phone: 94238916 Mobile: N/A Fax: N/A Contact person: GC ProManagment E-mail address: N/A Position details: Job title : AML Compliance Manager Job description: Money Laundering - Compliance Manager Position Summary: The Money Laundering Compliance Manager will be responsible for developing, implementing and administering all aspects of Compliance Management Program. This position plans, organizes, and controls the institution’s day-to-day administrative, lending and operational compliance activities; collaborates and reports to the MANAGING DIRECTOR and the BODs and collaborates with the Operations Manager in the overall administration of these directives for the institution and the Central Bank of Cyprus and any other regulator. Participates in various committees, audits and examinations and performs duties so as to assist the company to fully comply with local and international regulations concerning Money Laundering and Compliance. Conducts staff training related to new hires, compliance, customer service, mainframe and software computer programs as well as to monitor the trend of payments and to report possible suspicion transactions. Advises the Board of Directors, Senior Management and personnel of emerging compliance issues and consults and guides the company in the establishment of controls to mitigate risks. Essential Job Functions: • Monitoring the operation of anti-money laundering Policies. • Receiving reports from staff where there is evidence or a suspicion of money laundering. • Taking reasonable steps to access any relevant ‘know your customer’ Information. • External reporting of suspected money laundering to the Central Bank of Cyprus. • Obtaining and using any findings published by the globe that relate to arrangements for restraining money laundering in any other jurisdiction which have been found to fall short of internationally agreed standards in any material way. • Taking reasonable steps to establish and maintain adequate arrangements for awareness and training. • Making on regular basis compliance and monitoring report to the firm’s senior management. • Provides development guidance and assists in the identification, implementation, and maintenance of organization information privacy policies and procedures in coordination with senior management. • Performs initial and periodic information privacy risk assessments and conducts related ongoing compliance monitoring activities in coordination with the CBC. • Works with legal counsel and management, key departments, and committees to ensure the organization has and maintains appropriate privacy and confidentiality consent, authorization forms, and information notices and materials reflecting current organization and legal practices and requirements. • Oversees, directs, delivers, or ensures delivery of initial privacy training and orientation to all employees, volunteers, medical and professional staff, contractors, alliances, business associates, and other appropriate third parties. • Participates in the development, implementation, and ongoing compliance monitoring of all trading partner and business associate agreements, to ensure all privacy concerns, requirements, and responsibilities are addressed. • Establishes and administers a process for receiving, documenting, tracking, investigating, and taking action on all complaints concerning the organizations privacy policies and procedures in coordination and collaboration with other similar functions and, when necessary, legal counsel. • Ensures compliance with privacy practices and consistent application of sanctions for failure to comply with privacy policies for all individuals in the organizations workforce, extended workforce, and for all business associates, in cooperation with Human Resources, administration, and legal counsel as applicable. • Initiates, facilitates and promotes activities to foster information privacy awareness within the organization and related entities. • Reviews all system-related information security plans throughout the organizations network to ensure alignment between security and privacy practices, and acts as a liaison to the information systems department. • Maintains current knowledge of applicable local and international privacy laws and accreditation standards, and monitors advancements in information privacy technologies to ensure organizational adaptation and compliance. • Serves as information privacy consultant to the organization for all departments and appropriate entities. • Be aware of the tax compliance policies and advice on tax issues. Number of persons required: 1 Qualifications required: Experience: • Previous experience of AML Compliance experience will be considered as an advantage. • Bachelor’s Degree in Business related studies. • Master’s Degree in business related will be considered as an advantage. • Experience in utilizing CRM systems and Microsoft Office. Skills: • Minimum of 4 years work experience in audit, regulatory compliance, or equivalent position that includes responsibility for the design, implementation and testing of internal controls. • Working knowledge of general accounting, auditing, and internal control principals/standards and investigational techniques. • Has thorough knowledge and comprehension of all relevant policy, laws and regulations. • Ability to review operational areas, identify key internal controls, and draft sound, effective, and operationally efficient internal control procedures that comply with all applicable laws and regulations. • Ability to define problems collects data, establish facts, draw valid conclusions, and devise effective solutions. • Good verbal, listening and written communication skills with ability to present information (including facts, analysis, conclusions, opinions, and ideas) in a clear, concise and effective manner. • Ability to exercise good judgment at all times. • Self-motivated with the ability to work successfully on his/her own. • Although this is primarily a first-shift position, the AML must be able to work any shift of any day to ensure effective operation of the department. • Ability to promptly respond to common inquiries, complaints, or requests from various internal and external parties in a professional manner. • Solid project management and organizational skills. • Ability to compose detailed, concise and accurate documents, such as reports, policies, procedures, and correspondence. • Adherence to strict confidentiality in all matters. Other requirements: N/A Location(s): Nicosia Employment conditions: Full Time
Posted on: Sun, 16 Mar 2014 16:30:01 +0000
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