Our client is seeking to recruit a Compliance Manager.
Duties include:
Oversee the implementation and ongoing maintenance of the firm compliance's framework, ensuring it remains fit for purpose and aligned with regulatory requirements
Ensure compliance policies, procedures, and controls are updated as necessary and consistently applied across the business
Oversee the end-to-end KYC/KYB and CDD process, ensuring onboarding files are complete, accurate, and meet FIAU Implementing Procedures standards
Review and quality-check Enhanced Due Diligence (EDD) files prepared by the compliance team before escalation to the Compliance Officer for final sign-off
Ensure Beneficial Ownership identification and verification is carried out correctly and documented to the required standard
Oversee the firm's client risk rating methodology and ensure it is applied consistently across the portfolio
Manage the periodic CDD refresh programme, ensuring client files are reviewed in line with their risk classificatio
Review and assess PEP, sanctions, and adverse media screening outcomes, making recommendations on next steps to the Compliance Officer
Oversee the firms ongoing transaction and activity monitoring processes, ensuring unusual patterns or red flags are identified and escalated promptly
Hold the Role of Risk Management Officer with MFSA, Submit a PQ to MFSA
Take on a mandatory training course on Risk Management for such role
Manage, supervise, and mentor the compliance team, including senior compliance executives and compliance officers as may be required
Allocate workloads effectively, ensuring the team operates efficiently and deadlines are met
Conduct performance reviews and identify training and development needs for team members
Act as the primary escalation point within the team for technical compliance queries before referral to the Compliance Officer
Foster a high-performance, detail-oriented, and compliance-conscious team culture
Review and provide a compliance recommendation on complex or higher-risk client onboarding cases before submission to the Compliance Officer for final approval
Assess requests for waivers or exceptions to standard CDD requirements, documenting rationale and escalating where appropriate
Coordinate with the client-facing and corporate services teams to resolve compliance-related onboarding queries efficiently
Ensure that client structures involving complex corporate arrangements, trusts, or high-risk jurisdictions are subject to appropriate scrutiny
Design, coordinate, and deliver AML/CFT and compliance training programmes for all staff, including induction training for new joiners
Ensure training content is up to date and reflects current regulatory requirements and typologies
Maintain comprehensive training records and ensure all mandatory training is completed within required timeframes
Promote and embed a strong compliance culture across the firm, acting as a visible and accessible compliance ambassador
Oversee the effective use of compliance technology, including screening tools, CDD platforms, and case management systems
Identify opportunities to improve efficiency and effectiveness through technology enhancements or process automation
Ensure compliance data and client records are maintained securely and in accordance with GDPR obligationsSupport the evaluation and implementation of new compliance systems as required
Requirements
A Minimum of 3 years of experience in a Local CSP firm, at least 1 of which in a managerial position
Solid working knowledge of the Company Service Providers Act (Cap. 529), MFSA CSP Rulebook, and FIAU Implementing Procedures
Strong understanding of AML/CFT obligations, CDD/EDD requirements, and beneficial ownership frameworks
Familiarity with EU regulatory developments including AMLD6 and related directives
Proven people management experience with the ability to lead and develop a compliance team
Strong analytical, organisational, and report-writing skills
