Compliance Officer and MLRO

Malta  |  €50,000 - €60,000 

Our client, a financial institution, is looking for a Compliance Officer and MLRO to report directly to the Board of Directors. 

Duties include: 

  • Developing and overseeing control systems to prevent or deal with violations of legal guidelines and internal policies.
  • Managing the day-to-day operations of the compliance and MLRO functions.
  • Evaluating the efficiency of controls and improve them continuously.
  • Revising procedures, reports etc. periodically to identify hidden risks or non-conformity issues.
  • Drafting, modifying, and implementing company policies.
  • Collaborating and liaising with the internal departments, regulators, authorities, and external providers to resolve legal and compliance issues.
  • Maintaining compliance registers and the Compliance Monitoring Programme as required by statutory and regulatory requirements.
  • Assessing the business’s future ventures to identify possible compliance risks.
  • Reviewing the work of colleagues when necessary to identify compliance issues and provide advice or training.
  • Enforcing any AML standards and assesses doubtful transactions.
  • Preparing reports for senior management and external regulatory bodies as appropriate.
  • Coordinating training and mentoring employees in keeping with the current developments on AML/CFT issues.

Skill-sets and Requirements

  • Minimum of 5 years experience in AML/CFT
  • Previous occupation in a compliance role will be considered an asset
  • In-depth knowledge of the industry’s standards and regulations
  • An analytical mind able to analyze the complexities of procedures and regulations
  • Ideally, certified as a compliance professional

Education & Experience

BSc/BA in law, finance, business administration or related field

Job Reference: MW121

  • Primary job focus
  • Job type
    Full Time
  • Employment level
    Senior Management
  • Employer industry
    Automotive, Financial Services
  • Languages
  • Job Reference
  • Date Published
  • Status
    Job offer

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