Responsibilities:
- Assisting Senior Associates and Associates with planning and executing compliance examination, in line with internal procedures, to assess subject persons’ adherence to AML/CFT obligations and whether the control framework is adequate towards ensuring that ML/FT risks are adequately mitigated,
- Assisting Senior Associates and Associates in analysing results of compliance examinations and preparing compliance examination reports, in a timely manner, to clearly document such results,
- Contribute to advising and assisting subject persons to establish appropriate AML/ CFT internal structures and controls,
- Participating in Committees and contributing in discussions on the results of compliance examinations,
- Liaising, coordinating, and cooperating with various Competent Authorities as it may be required from time to time,
- Assisting the Risk Team in the carrying out of risk assessments,
- Participating in training provided to subject persons,
- Carrying out any other job-related duties as may be assigned,
- Assisting in other tasks related to evaluations and assessments being undertaken by various local and international bodies such as the EU, the Egmont Group, MONEYVAL, FATF, etc.
Requirements:
- MQF Level 5 qualification in Risk Management, Banking and Finance, Financial Services, Audit or in any other subject relevant to this position and at least 2 years work experience relevant to this post; OR
- MQF Level 4 qualification in Risk Management, Banking and Finance, Financial Services, Audit or in any other subject relevant to this position and at least 3 years work experience relevant to this post;
- 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;
- Proven knowledge and experience in carrying out risk assessment, data analysis, report writing, review and audit engagements will be considered as an asset;
- Outstanding written and verbal communications skills in English;
- Proficiency in the use of Microsoft Office and office automation tools;
- A clean criminal record