Financial Crime

• Monitor and analyze customer transactions and account activity for unusual or suspicious behavior
• Investigate alerts from transaction monitoring and fraud detection systems
• Assess customer activity against profiles, expected behavior, occupation or business activity, geographic exposure, payment methods, and transaction history
• Conduct Source of Funds and Source of Wealth reviews using supporting documents
• Identify money laundering, fraud, account misuse, mule activity, third-party funding, structuring, layering, and other financial crime risks
• Perform holistic customer reviews using KYC/CDD information, transaction history, alerts, and documentation
• Decide whether cases can be closed, require further investigation, or must be escalated
• Document investigations, findings, decisions, and rationale
• Escalate suspicious or high-risk activity to AML, Fraud, Compliance, or Financial Crime teams
• Prepare investigation summaries and supporting evidence for escalated cases
• Collaborate with AML, Fraud, Compliance, Payments, Risk, and Customer Support teams
• Identify emerging fraud and AML patterns, trends, and typologies
• Provide feedback on monitoring rules, alerts, thresholds, and processes
• Use approved AI, automation, and analytical tools in investigation workflows
• Identify opportunities to automate repetitive tasks and improve team efficiency and quality

AML Agent – FinCrime Operations

• Respond to AML/CFT compliance queries from company personnel and counterparties
• Provide staff training and guidance on AML/CFT risk awareness
• Identify, examine, and report suspicious activities related to money laundering and terrorist financing
• Conduct investigations and prepare analytical reports
• Perform Enhanced Due Diligence on high-risk clients
• Perform ongoing monitoring of clients and transactions to identify suspicious accounts and behavior
• Monitor client verification/onboarding systems, processes, and procedures
• Review and update the Company’s AML/CFT Manual, Risk Based Approach, and related policies
• Detect deficiencies during AML/CFT Manual implementation and escalate issues to the AML Manager
• Assist in preparing and submitting required reporting obligations to CySEC
• Work with business units to resolve account opening issues and obtain necessary information during investigations
• Provide assistance to the AML Manager on AML-related matters

Financial Crime jobs in Cyprus

AML Agent – FinCrime Operations

Junior AML Officer