Compliance Manager/ MLRO

Location Malta
Discipline: Compliance, Regulatory
Contact name: Francesca Buhagiar

Contact email: [email protected]
Job ref: 14596
Published: about 2 months ago

Client is a well-established provider within the trust and corporate services field. 

An excellent opportunity has arisen to join a corporate services company as a Compliance Manager to manage and take charge of the compliance function within the company. The role would involve reporting to the Company Directors. 


  • Conducting the necessary periodic risk reviews for all clients/client entities and take the necessary action based on the risk ratings
  • Evaluation of risk and due diligence for potential new clients, including conducting the necessary checks to evaluate whether to take on the client or not
  • Attending to the required reporting for the company and all the client entities as necessary (including but not limited to CRS, FATCA)
  • Retaining internal compliance registers (Including but not limited to; PEP register, Complaints register, UBO register)
  • Maintain documentation of compliance activities, such as complaints received or investigation outcomes
  • Conduct periodic internal reviews or audits to ensure that compliance procedures are followed
  • Assess the various types of business risks and develop risk management strategies
  • Conduct internal audits to ensure adherence to environmental applicable compliance regulations
  • Identify compliance issues that require follow-up or investigation
  • Conduct or direct the internal investigation of compliance issues
  • File appropriate compliance reports with regulatory agencies (including but not limited to; FIAU, MFSA reports)
  • Serve as a confidential point of contact for employees to communicate with, seek clarification on issues or dilemmas, or report irregularities
  • Discuss emerging compliance issues with management or employees
  • Provide employee training on compliance related topics, policies, or procedures
  • Coordinate the required external training for all staff
  • Review of all external communications to ensure there are no violations of standards or regulations
  • Prepare management reports regarding compliance operations and progresses
  • Monitor compliance systems to ensure their effectiveness as required
  • Report violations of compliance or regulatory standards to duly authorized enforcement agencies as appropriate or require
  • Ensuring that the company is GDPR compliant at all times, and assuming the role of Data Protection officer, coordinate reports of breaches in a manner required by the Maltese regulation
  • Keep informed regarding pending industry changes, trends, and best practices and assess the potential impact of these changes on organizational processes
  • Design or implement improvements in communication, monitoring, or enforcement of compliance standard
  • Verify that all company and regulatory policies/procedures have been documented, implemented, and communicate
  • Direct the development or implementation of compliance-related policies and procedure
  • Review or modify policies or operating guidelines to comply with changes to regulations, whilst ensuring that any updates are circulated to, read and understood by all staff
  • Attending to any internal STRs submitted and filing any external STRs as necessary
  • Verifying that software technology is in place to adequately provide oversight and monitoring in all required areas
  • Candidates must hold extensive experience in compliance
  • The individual must be a highly driven individual with excellent written and spoken English, who will take the initiative to oversee the compliance function and ensure to retain acceptable standards
  • The individual must have excellent reporting skills and eye for detail