Deputy Chief Executive Officer
Location: Cyprus
Company: Noemon Money Limited
Noemon Money Limited is a Cyprus-based Electronic Money Institution (EMI) currently undergoing approval with the Central Bank of Cyprus. The company is dedicated to providing reliable and efficient digital payment solutions, leveraging Cyprus’s position as a key link between Europe and global markets. Noemon Money prioritizes compliance with regulatory standards and aims to support businesses and individuals with secure and efficient payment services tailored to their needs.
Role Overview
The Deputy Chief Executive Officer (DCEO) shall be responsible for administering and applying the decisions of the Governance Committee of the Company and act as one of the persons who effectively direct the Company’s daily operations. The DCEO shall report to the CEO and the Board of Directors (BoD). The DCEO will act as the CEO’s replacement if the latter cannot discharge his/her obligations.
More specifically, responsibilities include:
- To ensure that the business is conducted in good faith, and in accordance with good business practices, business conduct rules, and prudential rules as set forth in applicable legislation and in the regulations of the Central Bank of Cyprus as these may be amended from time to time.
- To ensure that all Company staff complies with its policies, procedures, applicable regulation, and the business code of conduct and ethics for Electronic Money Institutions.
- To supervise and manage the human resources (HR) function. In the absence of a department or a specifically designated HR person, the DCEO is expected to fulfil the role until such replacement is appointed/designated.
- To supervise, monitor, and assess the operational performance of each department.
- To examine the Company’s financial performance and provide recommendations to bolster it if possible.
- To analyse market trends both from an operational and promotional perspective as well as from a risk management perspective.
- To evaluate the effect an introduction of any potential new services or activities may have on the Company’s operations and its risk management and present such findings/analysis to the BoD.
- To review and examine the capital adequacy and any Company exposures.
- To draft at least annually written reports to the BoD making recommendations and indicating whether the appropriate remedial measures have been taken in the event of any deficiencies or need to be taken. These reports shall be presented to the Board and discussed during at least one of its meetings annually.
- To report to the CEO, to the extent possible, and on an ongoing basis, the particulars of the Company’s daily operations and operational matters of all its departments.
- To monitor and resolve issues that may arise during the normal course of business operations.
- To ensure that the Company has instituted a policy that ensures that all persons involved in the provision of services are aware of the particular features of each service and the risk inherent in the provision of the services in respect thereof.
- To review and approve the various counterparties.
- To approve policy descriptions concerning information systems and monitor the information systems in place.
- To appoint the responsible users for the provision of access rights to the various databases.
Mandatory Requirements:
- Experience in the field of financial markets and the management of a financial institution.
Application Process:
This is a full-time, on-location position based in Cyprus. Interested candidates are encouraged to apply via LinkedIn and submit their CV to admin@noemon.money.
