A client of ours starting up their operations in Malta, specialised within the Financial industry, is looking to onboard an experienced MLRO to join their growing team. The designated person will play a key role in supporting the Company’s growth strategy, while ensuring robust financial crime risk management across payment and investment services:
Duties:
Design, implement and maintain the Company’s AML/CFT framework in accordance with local legislation and FIAU guidance, EU Directives,, MFSA requirements and and applicable regulations.
Ensure policies, procedures and controls are proportionate to the Company’s risk profile.
Regularly review and update the Business Risk Assessment.
Act as the primary point of contact with the regulators and various stakeholders, as required
Lead regulatory reporting, inspections, and ongoing supervisory engagement.
Ensure timely submission of Suspicious Transaction Reports (STRs) and regulatory notifications.
Oversee Customer onboarding and risk assessment; Enhanced due diligence for high-risk clients; and Ongoing monitoring / periodic reviews.
Ensure effective transaction monitoring and escalation processes.
Identify and assess AML/CFT risks; Sanctions and fraud risks, and emerging financial crime threats.
Work closely with the Compliance and Risk function to ensure alignment with the Company’s risk appetite.
Provide regular reporting to The Board of Directors; Senior Management, and Risk and Compliance Committees.
Escalate material financial crime risks, ensuring robust documentation, audit trails and record-keeping.
Develop and deliver AML/CFT training to staff, promoting a strong compliance culture and awareness across the organisation.
Coordinate with the wider Financial Group to ensure consistency of AML standards; information sharing and escalation; Alignment with Group financial crime strategy.
Requirements
Minimum 7–10 years’ experience in AML/CFT within Financial institutions; Payments or fintech; Investment or Treasury environments.
Strong knowledge of local AML framework; EU AML Directives; PSD2 and MiFID regulatory expectations.
Proven ability to build and scale AML frameworks.
Excellent verbal and written communication skills in English
Education and Experience
Approved, or eligibility to be, by MFSA and FIAU.
Relevant professional qualifications (e.g. CAMS, ICA, or equivalent).
