Head of Regulatory Compliance

Location Malta
Discipline: Compliance, Regulatory
Job type: Full-time
Contact name: Francesca Buhagiar

Contact email: [email protected]
Job ref: 15936
Published: 12 months ago
Our well-established client is seeking to recruit for a Head of Regulatory Compliance. As The Head - Regulatory Compliance Department , you shall head the Regulatory Compliance Department and report directly to the Chief Legal and Compliance Officer. 

Duties include: 
  • acting as the Bank's Compliance Officer and serve as the main point of contact, whilst co-ordinating with the regulators; managing relationships with the regulators and auditors on regulatory compliance matters;
  • managing and guiding the Regulatory Compliance Department;
  • developing and adhering to an annual compliance programme which sets out the planned activities for the year;
  • performing oversight, monitoring and reporting on compliance with policies, procedures and regulatory requirements;
  • assessing, on a continuous and regular basis, the Bank's adherence to regulations, rules and practices as issued from time to time by applicable regulators;
  • providing the Bank's management with sufficient information on regulatory developments and the impact on the Bank's policies and activities, including recommendations for actions to be taken, and preparing compliance reports to management and external regulatory bodies when appropriate;
  • providing advice and guidance on regulatory compliance;
  • identifying documenting and assessing the compliance risks associated with the Bank's operational activities including the development of new products and business practices;
  • ensuring that all policies and procedures comply with all prudential, financial conduct and supervisory laws under which the Bank operates, and rules issued by the Bank's regulators;
  • guiding staff on compliance related issues and providing related advice, including the provision of training on regulatory compliance related matters; and
  • in co-operation with the Bank's Data Protection Officer, ensuring that data privacy requirements are being followed throughout the Bank.
Requirements: 
  • The potential candidate should be reliable and trustworthy, well-organised with a disposition to learn and have a team-oriented approach.
  • Extensive experience in regulatory compliance is required. 
  • be self-motivated with an ability to work on own initiative with tight deadlines
  • be reliable and prepared to work under pressure; and
  • be proficient in both Maltese and English with excellent verbal and written communication skills.
Our well-established client is seeking to recruit for a Head of Regulatory Compliance. As The Head - Regulatory Compliance Department , you shall head the Regulatory Compliance Department and report directly to the Chief Legal and Compliance Officer. 

Duties include: 
  • acting as the Bank's Compliance Officer and serve as the main point of contact, whilst co-ordinating with the regulators; managing relationships with the regulators and auditors on regulatory compliance matters;
  • managing and guiding the Regulatory Compliance Department;
  • developing and adhering to an annual compliance programme which sets out the planned activities for the year;
  • performing oversight, monitoring and reporting on compliance with policies, procedures and regulatory requirements;
  • assessing, on a continuous and regular basis, the Bank's adherence to regulations, rules and practices as issued from time to time by applicable regulators;
  • providing the Bank's management with sufficient information on regulatory developments and the impact on the Bank's policies and activities, including recommendations for actions to be taken, and preparing compliance reports to management and external regulatory bodies when appropriate;
  • providing advice and guidance on regulatory compliance;
  • identifying documenting and assessing the compliance risks associated with the Bank's operational activities including the development of new products and business practices;
  • ensuring that all policies and procedures comply with all prudential, financial conduct and supervisory laws under which the Bank operates, and rules issued by the Bank's regulators;
  • guiding staff on compliance related issues and providing related advice, including the provision of training on regulatory compliance related matters; and
  • in co-operation with the Bank's Data Protection Officer, ensuring that data privacy requirements are being followed throughout the Bank.
Requirements: 
  • The potential candidate should be reliable and trustworthy, well-organised with a disposition to learn and have a team-oriented approach.
  • Extensive experience in regulatory compliance is required. 
  • be self-motivated with an ability to work on own initiative with tight deadlines
  • be reliable and prepared to work under pressure; and
  • be proficient in both Maltese and English with excellent verbal and written communication skills.
An attractive salary package will be offered to the selected candidate.