AML Officer – Monitoring
payabl.
full-time
Posted on:
Location Type: Hybrid
Location: Limassol • Cyprus
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About the role
- Perform ongoing monitoring of customer transactions to identify unusual or suspicious activity
- Review and assess alerts generated by transaction monitoring systems using a risk-based approach
- Investigate and document alerts, ensuring appropriate escalation where required
- Prepare internal suspicious activity reports (e.g. STRs/SARs) to the AMLCO
- Ensure timely clearance or escalation of alerts in line with internal procedures
- Contribute to optimization of monitoring scenarios, alert volumes, and rule effectiveness
- Support system enhancements, issue resolution, and implementation of new controls
- Monitor vendor performance against agreed service levels
- Assist in onboarding and integration of new AML technologies
- Maintain proper documentation and audit trails for system changes and vendor interactions
- Support ongoing screening of customers and transactions against sanctions lists
- Investigate screening alerts and escalate true matches
- Assist in maintaining and updating screening configurations and rules
- Support the Head of AML/AMLCO in preparing reports to the Central Bank of Cyprus
- Assist in internal AML reporting, including monitoring metrics and analysis
- Support communication with banking partners where required
- Escalate any findings, risks, or deviations from procedures to the AMLCO
Requirements
- Bachelor’s degree in Finance, Law, Business, or a related field
- 1–3 years of experience in AML/CFT, ideally within a payment institution, EMI, or banking environment
- Hands-on experience in transaction monitoring and alert handling (essential)
- Strong analytical and investigative mindset
- High attention to detail and strong documentation skills
- Good understanding of AML/CFT regulations and risk-based approach
- Strong organizational skills with ability to manage multiple priorities
- Effective communication and stakeholder management
- Proficiency in Microsoft Office and/or Google Workspace
- Excellent command of English
- Experience with AML tools/systems (screening, monitoring, onboarding) is an advantage
- AML certifications (e.g. CySEC, ICA, ACAMS) is an advantage
Benefits
- Future-Proof Your Finances: Once you’ve passed probation, we’ll kickstart your Provident Fund to secure your future.
- Grow with Us: Annual Learning Budget for professional development (after probation)—because your growth is our growth.
- Wolt Your Way Through Lunch: €150 monthly Wolt allowance to keep you fueled and happy.
- Drive in Style: After one year with us, you may be eligible for a company car—performance and availability permitting.
- Park with Ease: Complimentary parking space just steps from the office, so your commute is as smooth as your workday.
- Max Out Your Downtime: 25 days of vacation + public holidays, plus an additional 10 sick days to rest when needed.
- Shop & Save: Exclusive local discount card + tickets for exciting events like Beonix, basketball games, and more.
- Speak Like a Local: Join free Greek language classes, twice a week, open to all team members.
- Celebrate Together: Twice a year, we bring colleagues from all offices together for unforgettable company celebrations.
- Global Collaboration & Events: Opportunities to participate in international company events and initiatives, connecting with colleagues from all regions and contributing to a truly global community.
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
transaction monitoringalert handlingAML/CFT regulationsrisk-based approachanalytical skillsinvestigative skillsdocumentation skillsscreening configurationsmonitoring metricsreport preparation
Soft Skills
attention to detailorganizational skillscommunication skillsstakeholder managementability to manage multiple priorities
Certifications
CySECICAACAMS