Vacancy: Compliance Officer

Movchan's Group

Jul 16, 2024

Role Description:

• Fulfill the responsibilities of a Compliance Officer as set out in the Astana International Financial Centre (AIFC) Regulations.
• Review the adequacy of company policies and procedures and ensure their effective implementation, making recommendations for improvement.
• Conduct legal and compliance activities as outlined in the company’s policies and procedures.
• Collect clients’ identification information and conduct Customer Due Diligence (CDD).
• Monitor client transactions and investigate any significant deviations from normal activities.
• Submit Suspicious Activity Reports (SARs) in accordance with applicable AIFC laws and Kazakhstan regulations.
• Complete and submit the Astana Financial Services Authority’s (AFSA) monthly and annual reports.
• Act as the point of contact for the company with the AIFC, AFSA, and other competent authorities, receiving notifications on suspicious activities or transactions and responding to requests for information.
• Maintain a register of reports to the AIFC, AFSA, and other competent authorities.
• Keep all CDD and client transaction documents, and relevant communications with the authorities, organized.
• Provide regular training for company employees on AIFC and Kazakhstan’s regulatory requirements.

Responsibilities:

1. 1
   Conduct periodic internal reviews and investigations of compliance issues to ensure that procedures are followed.
2. 2
   Develop and review applicable policies, procedures, and business practices based on a detailed understanding of regulations.
3. 3
   Implement internal controls and policies to ensure all compliance needs are met.
4. 4
   Work alongside the business to ensure new products, projects, and referrals are appropriately considered and responded to from a regulatory compliance perspective.
5. 5
   Regularly review and evaluate company procedures and reports to identify hidden risks or common issues.
6. 6
   Coordinate with department managers to review all departmental policies for compliance issues.
7. 7
   Perform periodic audits on company procedures and processes.
8. 8
   Lead employee training sessions on legal and compliance issues.
9. 9
   Collect clients’ identification information and conduct business and customer risk assessments prior to undertaking Customer Due Diligence (CDD) for new customers and when there is a material change in circumstances for existing customers.
10. 10
    Provide accurate and timely counsel to executives on various legal topics.
11. 11
    Communicate and negotiate with external parties (regulators, external counsel, public authorities, etc.), creating relations of trust.
12. 12
    Draft and solidify agreements, contracts, and other legal documents to ensure the company’s full legal rights.
13. 13
    Maintain current knowledge of changes in legislation.
14. 14
    Establish and maintain compliance arrangements, including processes and procedures that ensure, as far as reasonably practicable, that the company complies with all relevant regulations and rules.
15. 15
    Review and analyze customer transactions and activities for suspicious behavior.
16. 16
    Coordinate and manage AML calls between clients and the Compliance Department.
17. 17
    Work closely with the Compliance Officer and Client Services units on CDD of prospective customers.

Requirements:

• Good level of English and fluent in Russian
• AML certificate and/or relevant training in the AML/KYC industry
• Experience in AML, preferably in the financial services industry
• Higher education in jurisprudence (preferably), finance

Conditions:

• Hybrid work schedule
• Bonus system
• Official employment

Locations:

• Cyprus
• Montenegro
• EU
• Kazakhstan
• Israel
• Other locations can be considered depending on company requirements

To apply, please complete the form below: https://airtable.com/appGQghViqGFoww72/pagdQFEjky57BtpoG/form