Compliance Officer & MLRO

Location Malta
Discipline: Compliance
Contact name: Francesca Buhagiar

Contact email: [email protected]
Job ref: 15247
Published: almost 3 years ago
Our client is seeking to recruit a Compliance Officer and MLRO to join their company. The role would report to the Branch Manager. 

Duties include: 
  • Execute designated responsibilities in accordance with internal regulations and procedures.
  • Report all relevant and/or irregular matters encountered in daily operations in a timely and correct manner to the direct supervisor.
  • Monitor internal and external developments that might influence daily operations of the unit and report timely and correctly to the direct supervisor.
  • Keep Bank and Customer related information confidential.
  • Guide and assist the juniors of the department in order to process the work properly
  • Ensure timely to distribution of compliance information to new employees together with acknowledgements to sign;
  • Inform staff about new compliance policies and procedures.
  • Take initiative in anticipating such developments by preparing proposal to the direct supervisor
  • Follow relevant training and courses related to these current and possible future responsibilities when deemed necessary by the direct supervisor or higher levels of authority.
  • Owns responsibility for overall compliance of Malta branch with applicable laws and regulations
  • Attends and assists with inspections carried out by MFSA & FIAU
  • Carry out the role of MLRO for Malta Branch.
  • Carry out the preparation and coordination of responses to requests submitted by the regulatory authorities.
  • Coordinate with the Head Office Compliance Division to address issues raised in internal/external audit reports
Requirements: 
  • Candidates must ideally be PQ'd by the MFSA
  • Candidates must hold excellent knowledge of AML regulations 
  • Previous experience in a similar role is required 
  • Fluency in Maltese and English