GRS Recruitment

Our client, a CySEC-regulated wealth management firm based in Limassol, is currently seeking to recruit a Head of Compliance and AML. The ideal candidate will possess a strong background in compliance leadership within the financial industry, with the ability to provide strategic oversight and ensure the company's continued adherence to all relevant regulatory standards. MAIN DUTIES AND RESPONSIBILITIES Stay up to date with CySEC regulations, European Union regulations (e.g., MiFID II, GDPR, AMLD), and international regulatory standards, ensuring the business complies. Prepare and submit regular reports to CySEC, such as Quarterly Statistics, Capital Adequacy reports and Audited Financial Statements, Annual Compliance reports and any other required documentation. Collaborate with legal teams to interpret and apply legal requirements to company practices. Conduct regular assessments to identify compliance risks (e.g., money laundering, fraud, market abuse) and develop strategies to mitigate them. Develop, implement, and update internal compliance policies and procedures based on risk assessment and regulatory requirements. Provide updates on Compliance Risk assessments, compliance status, and issues to senior management. Ensure that the business follows all required AML/CTF guidelines, including customer due diligence (CDD), enhanced due diligence (EDD), and transaction monitoring. Report suspicious activity to the relevant authorities, including the Financial Intelligence Unit (FIU) and MOKAS, as well as monthly and annual AML reports to CySEC. Oversee daily business activities and operations to ensure compliance with internal controls and regulatory requirements. Monitor trading activity and transactions to identify any potentially illegal or irregular activities. Ensure that appropriate KYC (Know Your Customer) procedures are followed during the onboarding process. Continuously monitor clients' activities to identify any changes in client risk categorisation and perform enhanced due diligence (EDD) where necessary. Develop and implement compliance training programs for all staff to ensure they are aware of their responsibilities and current regulations. Prepare internal and external compliance reports, ensuring they are accurate and in accordance with CySEC requirements. Ensure that all compliance-related documents (e.g., policies, procedures, audit reports) are maintained and updated regularly. Ensure timely submission of required documents, including annual reports and regulatory filings, to CySEC and other relevant authorities. Act as the point of contact between the company and CySEC, responding to queries and requests from regulators. Address and resolve any regulatory complaints or investigations, providing all necessary documentation and explanations. Ensure that the organization follows proper corporate governance standards, especially in relation to financial markets, board decisions, and shareholder reporting. Provide annual compliance (responsibility of the Risk Manager, outsourced) reports to the board of directors and senior management. External Audits and Reviews: Coordinate with external auditors during annual audits and assist in addressing any compliance findings. Ensure that all licensing and authorizations required by CySEC and other authorities are maintained. Ensure the business continues to meet the conditions of its licenses, including maintaining necessary capital requirements, systems, and reporting obligations. Develop and manage an incident response plan for compliance-related incidents, ensuring timely resolution of issues such as regulatory breaches. CANDIDATE PROFILE Proven experience in compliance within the wealth management or fund management sectors. Strong understanding of AML regulations and best practices. Excellent analytical and problem-solving skills. Outstanding communication and interpersonal abilities. Proactive approach with high attention to detail. Ability to lead and influence teams and stakeholders effectively. Relevant compliance or AML certifications are an advantage. Due to the high volume of applications, we receive at GRS Recruitment, only shortlisted candidates will be responded to. To apply for this position, please email your CV to Emilios Eracleous, quoting the above job reference or call for further information.

An established financial services firm is seeking a dynamic, experienced, and forward-thinking Chief Executive Officer (CEO) to lead its Malta operations. The successful candidate will be instrumental in launching and scaling the business locally, with a focus on real estate-backed financial products and services. This is a strategic leadership position requiring strong industry expertise, proven operational and regulatory capability, and a clear vision for long-term growth in the Maltese market. If you are a forward-thinking leader ready to take on the challenge of driving a Financial Services company to new heights, we invite you to apply for this exciting CEO position today. MAIN DUTIES AND RESPONSIBILTIES Lead the establishment and operational setup of the company's Malta office Build relationships with Property Developers and Family Offices to offer lending and financing services Promote and Market Real Estate Bonds to the Maltese Market Develop and implement strategic plans aligned with the company's vision and growth objectives Ensure full compliance with Maltese laws, including regulatory obligations under the MFSA (Malta Financial Services Authority) Oversee licensing and authorisation processes, including PQ (Pre-Approval/Pre-Qualification) status with the MFSA. Build and lead a high-performing local management team Represent the company in dealings with local regulators, stakeholders, and strategic partners Provide regular reports to the Board of Directors on performance, compliance, and strategy execution Oversee financial, operational, and legal aspects of the business to ensure sustainable growth and profitability Act as the face of the company in Malta, embodying its values and mission in the public and business community CANDIDATE PROFILE University degree in Finance, Business Administration, Law, Real Estate, or related fields. MBA or relevant postgraduate qualifications are an asset. Prior experience working within an MFSA-regulated entity is highly desirable. Proven track record in real estate finance, investment, or asset-backed lending, ideally at an executive or senior leadership level Eligible to be Pre-Qualified (PQ'd) by the Malta Financial Services Authority, or already PQ'd under current MFSA criteria Deep understanding of regulatory frameworks applicable to financial services and real estate in Malta Experience in setting up or scaling a regulated financial services firm is a strong advantage Strategic thinker with strong commercial acumen and operational execution capabilities Excellent leadership, communication, and stakeholder management skills Ability to lead in a dynamic, fast-paced, and entrepreneurial environment Due to the high volume of applications, we receive at GRS Recruitment, only shortlisted candidates will be responded to. To apply for this position, please email your CV to Sarah Miceli, quoting the above job reference.