Regulatory Compliance Manager

Location Malta
Discipline: Compliance, Regulatory
Job type: Full-time
Contact name: Besart Kondi

Contact email: [email protected]
Job ref: 16207
Published: about 1 month ago
On behalf of our client, a leading financial institution, we are recruiting for the role of Regulatory Compliance Manager. We are seeking a candidate experienced in adhering to regulations, legislation, codes of practice, and providing internal guidance on various legislative matters, excluding those related to the prevention of money laundering and terrorism financing.

Duties:
  • Assisting in analysing local, EU and international legislation and ensuring that the Organization operates in conformity with the relevant laws, regulations, policies, and standards to which it is obligated to adhere with;
  • Identifying, documenting, and assessing the compliance risks associated with the Organization’s operational activities including those related to the development of new products and business practices;?
  • Providing advice where requested as regards the implementation and ongoing maintenance of specific legislations;
  • Monitoring regulatory horizons to ensure that the Bank is always proactive towards upcoming regulatory changes;
  • Monitoring the regulatory calendar to ensure that the reporting deadlines of the Bank are adhered to;
  • Assisting with the development and implementation of the Annual Compliance Plan;  
  • Carrying out preliminary impact and gap analysis and assisting in the implementation of specific legislative requirements within the Bank;
  • Compiling on a regular or ad-hoc basis statistics and information for management information purposes as well as reporting to Risk Committee and Executive Committee;
  • Monitoring of any open findings emanating from self-assessments as well as any regulatory findings;
  • Holding regular training sessions in collaboration with Human Resources in regard to awareness-raising and training of all staff involved; and
  • Assisting the Data Protection Officer of the Organization with GDPR issues that may arise from time to time.
Requirements:
  • Have a minimum of eight years’ experience working in the banking industry, with at least three years working within compliance;
  • Possess excellent communication and problem-solving skills;
  • Be accurate and attentive to detail;
  • Have teamwork and organisation skills;
  • Be able to work under pressure;
  • Have the ability to work on own initiative and have high-level of negotiation skills in order to implement the best solutions for the Bank and still remain compliant with laws and regulations; and
  • Be able to meet strict deadlines and ability to multi-task.
  • Holding a degree or similar certification related to business management, banking and finance, legal, governance, or risk is considered as an asset. The official should have attended specialised training / courses related to fraud detection and prevention and fundamentals of banking legislation.