Remediation Associate

Malta

Our Client within the public sector is currently looking for a Remediation Associate to join their growing team. The appointed candidate will be responsible for the following duties;  

  • The timely review of outcomes of compliance examinations and remediation plans announced by subject persons 
  • Participating in Supervision Committee meetings and documenting the results of discussions held, on a timely basis;
  • Assisting in the planning and management of Supervision Committee meetings;
  • Carrying out reviews to confirm the effective implementation of remediation plans by subject persons, including through meetings with subject persons and documentary reviews;
  • Advising and assisting subject persons to establish appropriate AML and CFT internal structures and controls;
  • Maintaining records of completed statistics on the outcome of supervisory examinations;
  • Cooperating with the Risk Team in providing feedback on compliance examination outcomes and remediation initiatives to assist in the formulation of guidance to subject persons;

Skill-sets and Requirements

  • Sound knowledge and practical understanding of the laws that govern the prevention of money laundering and financing of terrorism in Malta and the applicable international standards and EU legislation;
  • Previous experience within industry for at least 2 years
  • Fluency in written and spoken English

Education & Experience

University degree or an equivalent qualification (MQF Level 6)

Benefits

  • Half days in summer
  • Health insurance
  • Life insurance
  • Performance bonuses and allowances
  • Flexible working hours

Job Reference: UW156


  • Primary job focus
    Compliance
  • Job type
    Full Time
  • Employment level
    Experienced (3 years +)
  • Employer industry
    Public Sector
  • Languages
    English
  • Job Reference
    UW156
  • Closing Date
    31/10/2021
  • Date Published
    06/05/2021
  • Status
    Shortlisting

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