Financial Crime Compliance Manager

Location Malta
Discipline: Compliance
Contact name: Francesca Buhagiar

Contact email: [email protected]
Job ref: 15129
Published: about 1 month ago
Our well established client is seeking to recruit for a Financial Crime Compliance Manager. You will be reporting directly to the MLRO.  As the Financial Crime Compliance Manager you will be responsible in ensuring the Bank is conducting quality business which is fully compliant with all respective AML and CFT legislation and related rules and regulations. The Manager will be appointed designate MLRO and will be involved in the implementation and review of policy, procedures, ongoing monitoring obligations and AML/CFT training across the staff.

Duties include: 
  • Ensuring compliance with laws, rules, regulations, and directives issued pursuant to the Prevention of Money Laundering and Funding of Terrorism Regulations (PMLFTR), Bribery & Corruption, and Sanctions regulations
  • Overseeing and managing the Customer Due Diligence (CDD) and transaction processes and controls in line with the bank's standards and regulatory obligations, including monitoring of transactions
  • Supporting the MLRO in driving multiple, concurrent work streams, review specific deliverables and ensure that project deadlines are met.
  • Proactively engaging and collaborating with First Line members of the team to advise on the design of systems, controls and risks pertaining to AML and Sanctions
  • Providing oversight and assurance by means of thematic reviews, the effective application of the adopted measures, policies, controls and procedures to ensure compliance with its AML/CFT obligations as part of the overall Financial Crime monitoring plan.
  • Produce regular financial crime management information to be presented to senior management as and when required.
  • Acting as an escalation point for other departments on issues related to Financial Crime Compliance; namely AML/TF, Sanctions and Anti Bribery and Corruption providing practical advice on required action
  • Manage, develop and upskill junior team members as the Compliance team develops and grows.
  • Assisting in the identification, investigation, and escalation of suspicious financial crime activity and acting as Designated Employee in accordance with the PMLFTR and FIAU Implementing Procedures.
  • Managing requests for information and documentation received from the Financial Intelligence Analysis Unit (FIAU), Police Authorities, Courts of Malta and providing timely reports on financial crime activities
Requirements: 
  • First Degree in Banking or Compliance/AML/CFT or an equivalent professional qualification in Financial Crime Compliance
  • Strong technical knowledge of the regulatory framework, international standards and common practises in financial crime compliance within the Financial Services Industry
  • Minimum of 3 years of practical experience in FCC/AML roles
  • Possess a high moral character and professional integrity.
  • Meticulous attention to detail and highly accurate
  • Holds good leadership skills
An attractive salary will be offered to the chosen candidate commensurate with experience.