Client Due Diligence Officer (Periodic Reviews)
On-siteLimassol, Limassol, Cyprus
Job Summary
Conduct periodic and ad-hoc reviews of existing clients in accordance with the Company's CDD Procedure, AML/CFT Policy, and risk-based timelines. Review, assess, and verify client documentation including corporate documents, UBO information, and source of funds/wealth. Perform screening and rescreening of clients, UBOs, and Business Officials against sanctions lists, PEP databases, and adverse media sources. Assess and update client risk ratings following periodic reviews, identify escalated cases requiring Head of CDD or Senior Management approval, and prepare audit-ready client files. Liaise directly with clients to request outstanding documentation and collect expired IDs on a timely manner. Collaborate with AML, Risk, Compliance, Legal, and Client Relationship teams to resolve complex cases. Ensure all reviews are completed within agreed SLAs and accurately tracked in the case management system.
Required Qualifications
- Minimum 2 years of experience in a CDD, KYC, or AML role within a regulated financial institution, Payment Institution, or Electronic Money Institution
- Solid understanding of Cyprus AML/CFT/Sanctions regulatory framework
- Proven experience conducting periodic reviews and EDD on corporate clients, including complex ownership structures
- Experience with UBO identification, corporate structure analysis, and source of funds/wealth verification
- Ability to independently assess risk and make sound, well-documented judgments
- Strong attention to detail with excellent written and verbal communication skills in English
- Experience using case management or workflow systems (e.g., Jira or similar)
- Ability to manage a high-volume caseload while maintaining quality and meeting deadlines
Desired Qualifications
- Professional AML/compliance certification (e.g., ICA Certificate/Diploma, ACAMS, CAMS)
- Experience within the payments industry, specifically with merchant onboarding or periodic reviews
- Familiarity with screening tools such as WorldCheck, Complytek, Dow Jones, or similar
- Experience working with clients across multiple jurisdictions, including high-risk countries
- Knowledge of FCA AML framework
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