LEGAL & COMPLIANCE

Location: Limassol - Cyprus

Industry: FinTech

Workplace: Remote/Hybrid

Description: 

We are seeking an experienced compliance leader to serve as Head of Compliance for the Cyprus subsidiary of our client, a FinTech global leader. This is a founding role to build out Compliance in a high growth market for the client and will directly shape regulatory strategy while balancing Compliance with innovation.

In this role, you will be overseeing and managing all aspects of the client's Compliance and Anti-Money Laundering Programs in Cyprus. In addition, you will be responsible for managing the entity’s relationship with the Cyprus Securities and Exchange Commission (CySEC), as well as providing strategic advisory to our business and product teams on all types of Compliance issues including MiFID requirements. This role will be supported by the client's global Compliance infrastructure and report to the Head of Core Markets Compliance.

Key Duties/Responsibilities: 

• Identify relevant regulatory requirements for the company in Cyprus and ensure  ongoing compliance with the same.
• Keep ahead of regulatory developments in Cyprus that could impact the Company's business and deploy necessary changes to maintain compliance in partnership with internal stakeholders.
• Provide regular updates to Cyprus senior management and the Company's  Board of Directors regarding the Compliance Program and overall regulatory landscape.
• Ensure appropriate escalation of compliance incidents or material issues to Compliance and business leadership and the Board.
• Oversee / manage regulatory notifications, comment letters, and other communications as required. Handle day-to-day regulatory communications.
• Oversee execution of Compliance Risk Assessments to ensure the adequacy of systems and controls to ensure that risks are managed effectively.
• Ensure that policies are updated to meet changing regulatory and business
• requirements.
• Oversee deployment of relevant Compliance training for local employees.
• Ensure timely remediation of all relevant findings identified by third-parties (Internal Audit, regulatory exams), as well as self-identified items.
• Partner with Compliance and Product stakeholders to ensure compliance obligations are considered and built as part of new product or expansion initiatives. Ensure appropriate documentation, including updating policies and procedures as needed.
• Manage and develop global relationships with key internal stakeholders and senior management in order to promote a consistent approach to the development and execution of an effective and integrated control environment.

Job Requirements:

• 8+ years experience in compliance, including in senior leadership roles, preferably in FinTech.
• Direct, first-hand knowledge of financial services and anti-money laundering and MiFID II regulations in Cyprus, including direct experience liaising with CySEC and/or other EU-equivalent regulatory bodies.
• Ability to independently manage day-to-day aspects of a Compliance Program, including audits and exams.
• Experience building Compliance Programs from the ground up.
• Experience in developing and administering internal controls and processes, proven track record of partnership and collaboration with remote, global teams.
• Ability to work collaboratively with a broad range of business functions, with an emphasis on senior management.
• Demonstrated ability to generate and execute strategies across a global organization.
• Ability to develop, foster and maintain effective working relationships with diverse groups of people within the organization, as well as with external stakeholders and vendors.
• A professional compliance or finance qualification, and membership of a recognized professional body.

Remuneration and Benefits:

• €100,000 annual gross salary
• Bonus of up to 15% of salary
• Equity
• Wellness Stipend
• Remote First Stipend
• Mobile/Internet Reimbursements
• Learning and Development Allowance
• Employee Assistance Program
• Travel Medical Policy
• Paid Medical Leave
• Paid Family Medical Leave
• Bereavement Leave
• Volunteer Time-Off