AML Officer (Policies & Procedures)

The role is about:

This role sits within the Compliance function and is responsible for developing, maintaining, and translating AML/CFT regulatory requirements into clear, effective internal policies and controls, ensuring the business remains compliant with regulatory expectations while enabling sustainable growth.

The AML professional will act as a policy and regulatory subject-matter expert, working closely with Compliance leadership and key stakeholders to ensure regulatory clarity, consistency, and audit readiness.

Location: Limassol, Cyprus

Reporting to: Head of AML/AMLCO

What you will do:  

Must-Have / Core Responsibilities

• Lead the drafting, review, and maintenance of AML/CFT policies and procedures in line with EU AMLD, Central Bank, and EBA guidelines.
• Partner with key stakeholders across Compliance, Risk, Legal, and Operations to ensure policies are correctly understood and implemented.
• Translate complex regulatory requirements into clear, practical, and actionable internal documentation.
• Monitor regulatory developments and assess impact on existing policies and frameworks.
• Support internal and external audits, regulatory reviews, and examinations by ensuring documentation accuracy and readiness.

Secondary / Value-Add Responsibilities

• Contribute to AML risk assessments, gap analyses, and remediation plans.
• Support change initiatives such as new products, new markets, or M&A-related integrations from a policy and AML perspective.
• Assist with training materials or guidance notes to support policy rollouts and regulatory updates.
• Support continuous improvement of document management and compliance processes.

What we are looking for:

• Bachelor’s degree in Law, Business, Finance, Risk Management, or a related field.
• Professional certification preferred (e.g., ACAMS, ICA Diploma, AML/CFT qualification).
• Minimum 3–5 years of experience in AML/CFT, Compliance, Risk, or Regulatory roles.
• Strong understanding of AML/CFT regulatory frameworks (EU AMLD, CBC/EBA guidelines).
• Proven experience drafting, maintaining, or interpreting compliance policies and procedures.
• Excellent command of English, with strong documentation drafting skills.
• Proficiency in Microsoft Office and/or Google Workspace tools.
• Experience with document management systems is an advantage.
• Exceptional attention to detail and writing skills.
• Ability to translate regulatory requirements into clear, actionable internal policies.
• Excellent communication and presentation skills.
• Strong organizational abilities, with the capacity to manage multiple priorities and meet deadlines.
• High degree of integrity, discretion, and professional judgment.

The perks of being a payabl.er:

• 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.

Hiring Process:

• Initial Interview : A 30–40 minute conversation with our Talent Acquisition team to explore your background in AML/CFT, regulatory exposure, and career motivations.
• In-Depth Discussion : A 60-minute deep dive with the hiring manager,, to assess your technical expertise, policy drafting experience, and ability to apply regulatory requirements in practice.
• Practical Assessment (if required) : A take-home exercise designed to evaluate your ability to interpret AML regulations and translate them into clear, structured internal documentation. (To be confirmed.)
• Final Behavioral Interview : A panel interview with Senior stakeholders to assess stakeholder management and overall team and cultural fit.

Let's embark on a journey to redefine the landscape of payments together. We're not just offering a role; we're inviting you to be a part of something bigger. Join our team, and let's innovate, disrupt, and lead the future of payments. Together, we can make an impact that resonates. Welcome to the team!

If this role seems like a good match, please submit your resume all applications are treated with the strictest confidentiality. Please note that we may keep your CV for a period of one (1) year for future relevant job opportunities. For more information about how we process your data please see our privacy policy at https://payabl.com/privacy-policy