Compliance Manager and MLRO

Location Central
Discipline: Accounting & Professional Services, Compliance & Risk Management
Job type: Full Time
Salary: €60,000
Job ref: 607
Published: 30 days ago
AIMS International Malta is assisting one of our clients who are seeking to strengthen their compliance department with a Compliance Manager and MLRO. 
 

Responsibilities:

  • Reporting suspicious transactions and activities to relevant authorities.
  • Submitting periodic reports to the FIAU and MFSA.
  • Offering guidance and support to Compliance Officers across Group entities.
  • Coordinating all financial crime compliance matters within the Group, including AML/CFT, sanctions, and anti-bribery and corruption measures.
  • Assessing financial crime risks at both the Group and individual entity levels.
  • Conducting de-risking exercises based on risk assessment findings.
  • Monitoring internal processes to ensure procedures are effectively implemented and followed.
  • Periodically reviewing the level of due diligence within the Group and entities, including performing spot checks.
  • Drafting and maintaining up-to-date policies and procedures.
  • Establishing systems for regular communication and sharing of updates across the Group.
  • Managing projects related to the implementation of compliance software and data migration.
  • Developing and delivering training programs to keep client-facing employees informed about AML/CFT developments.
  • Acting as a point of contact to ensure all entities within the Group comply with AML/CFT regulations and other relevant laws.
  • Providing customer risk information to Directors to support decisions on client onboarding and offboarding.
  • Staying current with trends and typologies in financial crime matters.

Requirements:

  • A university degree or equivalent qualification in a relevant field.
  • At least 5 years of experience in an AML/CFT role. 2 of those years in a managerial position.
  • In-depth knowledge of AML/CFT laws, regulations, and guidelines.
  • Strong written and verbal communication skills.
  • Expertise in identifying compliance gaps and implementing corrective measures.
  • Proven leadership skills with the ability to inspire and maintain high compliance standards across the Group.
  • A strong sense of integrity and accountability in ensuring adherence to AML/CFT regulations.
  • Ability to stay up to date with changing regulatory requirements across jurisdictions and proactively address compliance needs.