Responsibilities:
- Manage and oversee the Compliance Team.
- Draft and review client agreements with third parties.
- Manage operational legal topics, external legal services, and regulatory supervision.
- Assist, prepare, or review quarterly compliance reports addressed to the Chairman and/or Board in line with the Corporate Services Providers Act, CSP Rulebook, and FIAU.
- Keep the company in compliance with the Corporate Services Providers Act, the CSP Rulebook, the Corporate Governance Code, Accountancy Board, FIAU, and any other applicable regulations.
- Maintain an effective legal compliance monitoring program and other functions where necessary.
- Prepare or review quarterly MLRO Reports addressed to the Chairman and/or Board.
- Complete the annual Risk Evaluation Questionnaire (REQ).
- Perform a Business Risk Assessment on the company and update it as required.
- Maintain adequate risk management policies and procedures to identify risks related to the company’s activities, processes, and systems while setting the appropriate level of risk appetite.
- Adopt effective controls, processes, and mechanisms to manage and mitigate risks related to the company’s activities, processes, and systems.
- Review and maintain a Risk Register concerning clients.
- Be responsible for inspections carried out by the MFSA and/or FIAU.
- Act as the central point of contact with applicable authorities.
- Carry out reporting requirements as needed.
- Develop and review company policies and procedures as necessary.
- Ensure AML and KYC requirements and procedures are properly followed.
- Review and approve client onboarding and ongoing monitoring.
- Perform and manage internal audit procedures, practices, and documentation to identify weaknesses.
- Collaborate with external consultants where necessary.
- Provide continuous education to company employees on the latest regulations and processes.
- Ensure compliance with multinational anti-money laundering laws and sanctions, and assist with the reporting of suspicious transactions.
- Monitor and review all communications and notifications to the MFSA and other regulatory bodies.
Requirements;
- A possession of a Doctorate of Laws or Legal Degree in Malta.
- Minimum of 6 years of experience in a similar role.
- Knowledge of Corporate Service, Accounting, and Audit industry regulations and standards.
- Extensive knowledge of Due Diligence and AML functions and practices.
- Excellent communication skills in both English and Maltese.