Sovereign Trust (Cyprus) Limited & Sovereign Trust (Malta) Limited are part of The Sovereign Group, which was founded in Gibraltar in 1987, growing into one of the world’s largest independent corporate and trust service providers. With a vast portfolio, The Sovereign Group currently oversees more than 20,000 structures, catering to a diverse clientele that includes companies, entrepreneurs, private investors, and high net worth individuals (HNWIs) and their families. The group proudly manages assets under administration surpassing £20 billion.
Job Description
We are looking for an AML Compliance Administrator based in Cyprus to form part of the compliance team. The new member will be assisting the compliance departments of Cyprus and Malta offices.
Duties and Responsibilities
- Provide support to the compliance departments of both offices.
- Assist in the preparation of any report submitted to the authorities and/or internally.
- Assist in designing and reviewing the effectiveness of internal Policies and Procedures and make necessary recommendations to the AMLCO.
- Liaise with various departments to ensure that procedures are in line with regulatory requirements.
- Carry out due diligence, risk assessment and compliance checks on potential new business
- Undertake periodic reviews and risk assessments of client files.
- Ensure adherence to AML, KYC, CDD, and EDD requirements
- Ensure all incidents/breaches/suspicious transactions are identified, recorded and escalated to the AMLCO/MLRO.
- Investigate and escalate any identified risks, breaches, or compliance concerns in line with internal policies and regulatory requirements.
- Stay up-to-date with local and international AML laws, regulations and developments.
- Perform any other assigned compliance-related tasks, including admin duties.
Candidate Profile
- Minimum 2 years of experience in the fiduciary sector (ASP preferable).
- Basic understanding of AML regulations and frameworks.
- Excellent organizational skills with strong attention to detail.
- Detail-oriented with a strong ability to analyse information.
- Excellent research skills.
What we offer
- Competitive salary based on experience.
- Flexible working hours with option for partial remote working.
- Private health insurance.
- Training both in-house and external with company sponsorship for professional qualifications available.
- Great working environment and work life balance.
- Find support with our Employee Assistance Programme, offering 24/7 mental health support
- Company incentive scheme
Enjoy annual leave increases in line with your growing tenure.
