Job Description
Company description:
OROPAY is a FinTech company with an expanding range of services. Established in Cyprus and regulated by the Central Bank of Cyprus as an Electronic Money Institution, we aim to help businesses and consumers conduct their transactions in a more convenient way.
Job description:
The Compliance Assistant will report directly to the CCO and support the Compliance Department in ensuring that the institution adheres to all relevant regulatory requirements, including Anti-Money Laundering (AML), Counter-Terrorism Financing (CTF), and other applicable laws and guidelines. This role involves assisting with compliance monitoring, regulatory reporting, customer due diligence, and maintaining accurate records to ensure that the institution's operations remain fully compliant with Cypriot and EU regulations.
Responsibilities:
Onboarding:
- Assist with conducting Know Your Customer (KYC) checks during customer onboarding and periodic reviews.
Monitoring:
- Assist in the monitoring of daily transactions to detect any unusual or suspicious activities;
- Help in reviewing alerts generated by the transaction monitoring system and escalate issues as necessary;
- Help collect and verify customer documentation to ensure compliance with CDD and Enhanced Due Diligence (EDD) requirements.
Reporting:
- Support the preparation of Suspicious Reports (SARs/STRs) and ensure timely submission to the relevant authorities;
- Assist in preparing regulatory reports to the Central Bank of Cyprus, and other relevant authorities;
- Assist in gathering documentation and preparing reports for audits and regulatory examinations and follow up on audit findings to ensure corrective actions are implemented promptly.
Compliance and Regulatory:
- Help monitor changes in relevant laws, regulations, and guidelines, and support the updating of internal policies and procedures to reflect new regulatory requirements.
Documentation/ Processes:
- Assist in the preparation and updating of compliance policies, procedures, and manuals.
Record keeping:
- Maintain organised and accurate records of all compliance-related activities, including customer files, communications, and regulatory filings.
Functional:
- Replace in the absence of alternate AMLCO - on the technical matters.
Organization structure reporting line:
- Reports directly to the CCO and in his absence to the Alternate AMLCO.
We offer:
- Competitive salary and growth opportunities;
- Full time position based in Riga / Latvia;
- Health insurance after probation period;
- 22 days paid annual leave;
- Dedicated, friendly and diverse team.
Qualifications and experience:
- Bachelor’s degree in Finance, Law, Business Administration, or a related field;
- Previous experience in compliance in a financial services environment;
- Previous experience in compliance of e-commerce and acquiring;
- Knowledge of EU AML/CTF regulations;
- Strong organizational skills with attention to detail;
- Good communication and interpersonal skills;
- Ability to work collaboratively as part of a team and independently when required;
- Proficient with technology and familiar with MS Office applications (Word, Excel, PowerPoint);
- Fluent in English.
