Senior Compliance Administrator

Location Malta
Discipline: Compliance, Regulatory
Contact name: Besart Kondi

Contact email: [email protected]
Job ref: 15894
Published: 9 days ago
Our client, a reputable corporate services organization, is seeking to hire a Senior Compliance Administrator to join their team.

Duties include:
  • Keep abreast with the current company policies and procedures;
  • Maintenance of records, updating and amending existing databases;
  • Attendance and minute taking of the compliance meetings;
  • Gathering and reviewing KYC documentation from prospective clients;
  • Creation and review of customer profiles in the Company's database;
  • Experience in compiling and summarising escalations (PEP sign off, Adverse Media sign off, High Risk client sign off) for Senior Management review.
  • The successful candidate must be able to demonstrate the ability to carry out research, analysis and summarise the results of their findings in a clear manner.
  • Sound understanding of how to establish and record Source of Funds / Source of Wealth;
  • Carry on necessary Due Diligence checks (incl. WorldChecks/ Goggle searches, sanctions checks/ adverse media checks etc.) for the existing and potential new clients;
  • Carry on transaction monitoring for fraud and AML issues;
  • Retaining internal compliance registers, including but not limited to Sanctions, PEPs, Police/ Regulatory, Complaints, SARs, Gifts, Rejected Business, Closed Business, etc.
  • Maintenance of physical and electronic files, sustaining the security and integrity of data.
  • Liaison with the Administrative Team to gather the due diligence needed to meet internal policies and procedures;
  • Assisting with the development and maintenance of compliance – related policies and procedures;
  • Authenticating due diligence for procedural compliance;
  • Clear understanding of the various financial crime and reputational risk-factors to consider when on boarding a new client.
  • Managing due diligence and compliance records for clients’ companies;
  • Supporting a two site-operation with data administration for the Corporate Administration and the Compliance Team;
  • Performing other administrative and ad-hoc duties as required;
  • Must hold experience in compliance and preferably a relevant professional compliance qualification;
  • Knowledge of AML-ATF legislation and Know Your Customer (KYC) procedures;
  • Versatile and flexible attitude with the ability to communicate well with all staff;
  • The ability to absorb and understand varied compliance matters;
  • Well organised and attention to detail;
  • A proactive approach in problem – solving;
  • Strong IT skills with ability to learn new systems quickly and particularly competent in the use of Microsoft office products;
  • Excellent command of English both written and spoken;
  • Flexible working hours will be encouraged for the right candidate;
  • Continuity is crucial
The ideal candidate will possess excellent communication skills, a keen attention to detail, and a proven track record of success in a similar role.