Compliance Executive

Location Malta
Discipline: Compliance
Contact name: Francesca Buhagiar

Contact email: [email protected]
Job ref: 15150
Published: 16 days ago
Our well-established client is seeking to recruit a Compliance Executive to join their team. The chosen candidate will focus on transaction monitoring. The compliance executive will report to the Head of Compliance and MLRO. 

Duties include: 
  • Monitor client transactions and performance against fraud, card scheme requirements, internal thresholds, AML and CFT regulations.
  • Review of transactions monitoring alerts to flag or identify suspicious activity outside the normal pattern and activity.
  • Investigate and take immediate action on alerts, notifications and reporting to ensure compliance at all times.
  • Creating necessary manual alerts for fraud detection according to the fraud trends and patterns.
  • Maintain all investigation records and case outcomes.
  • Reviewing fraud and chargeback levels as per internal accepted levels and as per card scheme regulations.
  • Notify customers of potential breaches and make sure all necessary action is taken.
  • Explore new ways that can help improve existing fraud, AML and CFT strategies.
  • Work with other departments where necessary to ensure that proper action is taken followed for the respective client.
  • Request and analyze the source of funds and source of wealth documentation.
  • Investigating suspicions of money laundering and terrorism financing or and submitting internal suspicion transaction reports to the MLRO or his deputy when relevant.
  • Assist on compliance matters that are applicable to the company.
  • A financial or legal qualification.
  • At least 2 years’ experience in a similar role within the financial services industry.
  • Knowledge of existing regulations and directives in relation to AML is required.
  • An excellent command of the English language, and any additional language would be considered an asset.
An attractive salary will be offered to the right candidate.