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
- 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