Deputy Head of AML Compliance Department

Limassol, Cyprus | Full-time | Office

Our client is a leading international brokerage firm providing access to global financial markets across the US, Europe, and Asia. The company is regulated in the EU and offers a dynamic and fast-paced work environment, driven by innovation, collaboration, and performance.

To strengthen their Compliance function, they are currently looking for a Deputy Head of AML Compliance Department to join their Cyprus-based team. This is a hands-on and strategic position for an experienced AML professional with expertise in CySEC-regulated environments.

Key Responsibilities

• Support the Head of AML in overseeing the company’s Anti-Money Laundering compliance framework and procedures.
• Assist in ensuring the organization’s full compliance with AML and CTF regulations, CySEC guidelines, and internal policies.
• Contribute to the development, implementation, and continuous improvement of AML manuals, Client Acceptance Policies (CAP), and Risk-Based Approach (RBA) procedures.
• Participate in preparing regulatory reports, including monthly and annual AML reports for the Board and CySEC.
• Support internal audits, risk assessments, and compliance monitoring programs to detect and address potential gaps.
• Collaborate with other departments and stakeholders to ensure AML obligations are understood and met across the organization.
• Oversee the preparation and delivery of AML training to internal staff and monitor training effectiveness.
• Help manage and assess suspicious transaction reports (STRs), maintaining communication with regulatory and law enforcement agencies as needed.
• Supervise the collection and review of documentation for client onboarding, KYC, and due diligence processes.
• Maintain and update AML-related registers such as PEPs and Internal Suspicious Reports.
• Contribute to the assessment of third-party service providers related to AML/KYC outsourcing.
• Act as a backup to the Head of AML and represent the department during audits and inspections when needed.

Requirements

• University degree in Law, Economics, Finance, Banking, or a related field.
• At least 3–5 years of AML/Compliance experience within CySEC-regulated firms (CIFs).
• Holder of both CySEC Advanced Certificate and CySEC AML Certificate.
• Deep understanding of CySEC and EU AML regulations and best practices.
• Strong reporting and documentation skills, with attention to detail.
• Fluency in English (both written and verbal); additional languages are a plus.
• Analytical mindset with strong communication and collaboration abilities.

What’s on Offer

• Competitive NET salary package plus annual bonus.
• Relocation support: including airfare, one month of accommodation, and visa sponsorship for the employee and family.
• Health insurance support.
• 21 working days of paid vacation + 12 additional paid days off annually.
• Paid sick leave.
• Modern office in central Limassol.
• Team-building activities, sports clubs, and corporate events.

If you are looking to take the next step in your AML/Compliance career and be part of a growing, international brokerage group, we’d love to hear from you. Apply now or contact us for a confidential conversation.