AML Manager

Deriv (Europe) Ltd in Malta is currently looking to recruit an AML Manager to join their team on a full-time basis.

Job Description:

At Deriv Group, you’ll steer, cultivate, and monitor the performance of our Compliance Operations team. Working closely with the Senior Compliance Manager and the Head of Compliance, your mission will be to create an effective squad that manages anti-money laundering (AML) and Combating the Financing of Terrorism (CFT) procedures. You’ll ensure we stay on top of regulatory compliance, systems, and controls.

You’ll not just join a team; you’ll shape one. And it’s not all about rules and regulations — you’ll battle financial crime head-on and keep Deriv a safe, secure broker to trade. It’s an opportunity to make a difference, hone your skills, and help us keep the nefarious actors at bay, all while ensuring we’re ticking the right compliance boxes.

Your challenges:

• Keep up to date with all developments within the regulatory environment of AML/CFT as relevant to Deriv Group, identify any changes to it, and swiftly address any shortcomings you discover
• Regularly evaluate how well our policies, procedures, systems, and controls work with other business and compliance teams across the Group
• Take responsibility for at least bi-annual reviews, updates, and approval of Deriv Group companies’ policies and procedures in line with regulatory requirements
• Develop and implement AML/CFT policies, procedures, monitor programmes for new businesses, and report to senior management on the effectiveness of implementing the Group’s AML/CFT framework
• Assist with the configuration of transposing requirements into automated systems and controls
• Oversee the systems designed to monitor clients’ behaviour during the ongoing business relationship and detect and report suspicious activities
• Ensure the AML/CFT compliance monitoring programmes are executed promptly and identified gaps are immediately escalated to senior management
• Assist with review of the AML Business Risk Assessments (BRA) and Jurisdiction Risk Assessments (JRA)
• Provide expert advice on AML/CFT issues to business units and make recommendations to mitigate business risks
• Give AML/CFT policies training to spread awareness among employees and outsourced personnel.

Requirements:

• 8+ years of experience in anti-money laundering or regulatory compliance
• University degree in law, risk management, criminology, finance, or a related field
• Knowledge of fraud processes and applications, including AML and CFT regulations and red flags
• Experience in systems, databases, configurations, and tech solutions related to AML and CFT
• Strong qualitative and quantitative analytical capabilities
• Proficiency in Excel and big data analysis
• Meticulous attention to detail, self-motivation, and flexibility at task rotations
• Ability to make sound judgements based on limited information
• Strong organisational skills and ability to work proactively
• High level of integrity, reliability, and work ethic
• Excellent spoken and written English communication skills.

What’s good to have:

Work experience at a fintech organisation.

Benefits:

• Market-based salary
• Annual performance bonus
• Health benefits
• Casual dress code
• Travel and internet allowances
• A chance to work with top talent from across the globe (70+ nationalities)
• Ample team-building and bonding activities
• Great overseas travel opportunities.