Our client, an established audit firm is seeking to recruit a Compliance Manager. You will oversee AML frameworks, guide risk-based decisions, and ensure regulatory expectations are consistently met.
Duties:
Carrying out, reviewing and approving on-boarding clients and on-going monitoring clients
Run or approve customer risk assessments (CRAs)
Review the work of the team such as verifying customer identity, beneficial ownership, source of funds/wealth, screening reports
Oversee client communications and ensure the smooth running of day-to-day operations
Ensuring that the organisation and structuring of files are in line with the Company’s structure and record-keeping policy
Prepare/Review data and documentation for internal audits, regulatory inspections, or compliance reviews.
Preparing/reviewing transaction monitoring of clients
Prepare quarterly reports and/or data required for the board meetings
Attend Board Meetings and shadow MLRO/Compliance/Risk Officer in Board Meetings
Liaising when necessary with the different departments within the Company and
regulatory bodies to gather data for regulatory reporting and ensure timely submission.
Prepare data for REQ (FIAU), Annual Return for MFSA and Return for Accountancy Board
Review/update the Group’s AML/CFT Business Risk Assessment and recommend updates accordingly
Review the Group’s Customer Risk Assessments (CRA), and recommend updates as may be required
Create, implement, and oversee company policies and procedures to ensure compliance with all relevant laws, regulations, and industry standards
Assist in compliance and risk assessments to identify potential compliance issues and evaluate the effectiveness of existing controls
Develop and deliver training programs to educate employees on compliance protocols, regulations, and ethical standards
Monitor business operations for compliance breaches, investigate potential violations, and report findings to management
Maintain accurate records of compliance activities
Advise executive leadership on regulatory matters and contribute to the overall governance, risk, and compliance strategy of the organization
Acting as the support officer in performing AML/CFT examinations where necessary to assess compliance with the AML/CFT obligations
Monitor performance of the team and train the team
Maintaining the internal registers up to date through the AML Software
Requirements
Must have a minimum of three (3) years experience in a similar role,
A thorough understanding of the Malta Regulatory Compliance and AML/CFT regulations preferably in corporate service provider, tax or audit
Exposure to areas like corporate service provider, tax or audit firm will be considered as an asset
Ability to be self-motivated and take ownership in a dynamic environment with a positive, ‘can-do’ mindset.
Excellent communication skills in English
Education and Experience
Bachelor’s or master’s degree in law or criminology, banking or any other related field
