About the role

AML Monitoring Officer specializing in transaction monitoring and alert handling at financial institution. Ensuring compliance and collaborating with external AML vendors in Limassol, Cyprus.

Responsibilities

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

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

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.