Compliance and MLRO Officer

Malta

One of our clients is seeking a qualified and highly experienced Compliance and MLRO Officer to join their team of professionals:

Duties:

  • Compliance with the regulatory framework in respect of MLRO duties
  • Responding to requests made by competent authorities
  • Consideration of internal reports received in view of all relevant information, to determine whether the information contained in reports does give rise to knowledge or suspicion that a client may have been, is, or may be engaged in money laundering or the funding of terrorism
  • Reporting external suspicious activity
  • Maintaining records of internal and external reports and taking subsequent action and maintaining records of reasons for submission/non-submission)
  • Assessing whether authorisation should be sought for the suspension of a suspicious transaction from the FIAU or other relevant FIU
  • Advise senior management and the board of directors on money laundering suspicions, and provide clear guidelines and ways forward in relation to the application of the AML framework
  • Liaise with relevant authorities and the police to investigate suspicious activity
  • Advise and guide on compliance and contract risks, implementation, and general compliance issues
  • Compile and present reports to senior management
  • Ensuring that all compliance and licensing procedures are respected
  • Periodical reporting to the board of directors

Skill-sets and Requirements

  • Previous experience as an MLRO with a strong background working within an AML function
  • A sound understanding of new legislation
  • Mus be able to make decisions with sound judgement and adopt an evidence- based approach
  • An excellent communicator, with an inquisitive eye for detail and strong analytical skills

Education & Experience

  • A qualification in compliance/finance, or the equivalent
  • Proficient working knowledge of related legislation and regulation

Job Reference: UW429


  • Primary job focus
    Compliance
  • Job type
    Part Time
  • Employment level
    Experienced (3 years +)
  • Employer industry
    Real Estate
  • Languages
    English, Maltese
  • Job Reference
    UW429
  • Closing Date
    31/07/2021
  • Date Published
    28/05/2021
  • Status
    Shortlisting

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