Analyst - Customer Due Diligence

We are a leading financial institution, a key player in the Maltese market and part of a highly diversified multi-national group of companies. Employing a team of 270 employees, the Bank offers a full range of lending and savings solutions to both personal and business customers. We strive to offer a highly personalised service through our network of thirteen retail branches spread across the Maltese Islands. 

We are a team of inspired people who believe that opportunities start with a conversation. 

• Support the coordination and execution of projects related to Customer Due Diligence (CDD), Customer Risk Assessment (CRA), and Corresponding Bank queries.
• Assist in the development and implementation of policies and procedures focused on CDD, CRA, and regulatory queries.
• Provide support in the onboarding and ongoing monitoring of Politically Exposed Persons (PEPs).
• Contribute to the execution of the Bank’s AML/CFT & Sanctions Oversight programme and yearly monitoring plan.
• Assist in the annual ML/TF Business Risk Assessment, Risk Evaluation Questionnaire, and follow up on action points and findings.
• Help maintain and test the customer risk assessment methodology, recommending changes and updates as necessary.
• Review and provide feedback on customer profiles at onboarding and review stages for high-risk customers.
• Support the maintenance of corresponding Bank relations.
• Identify training needs and assist in providing training related to the Bank’s AML/CFT obligations.
• Stay updated on AML/CFT regulatory changes and provide compliance advice.
• Produce management information and reports.
• Collaborate on ad hoc projects assigned by the Assistant Manager.

• MQF Level 5 or higher qualification in financial crime compliance, finance, or a related subject, or an ICA/ACAMs qualification pertinent to AML/CFT.
• At least 1-2 years of professional experience in financial crime compliance.
• Basic knowledge and experience in AML/CFT regulations, compliance competencies, and best practices.
• Experience in obtaining CDD information from clients and public sources.
• Excellent attention to detail.
• Proficiency in standard computer tools and internet searches.
• Strong interpersonal skills, able to interact with people at all levels, assertive and able to influence.
• Good communication and writing skills.
• Ability to multi-task, prioritise workloads, and work effectively in a team.

• Ongoing personal development; 
• Preferential interest rates on home loans, personal loans and home value loans; 
• Comprehensive support for academic advancement through fully subsidized staff study loans; 
• Private clinic health insurance coverage, extendable to dependants; 
• Life insurance and personal accident cover; 
• Free ophthalmic examinations; 
• Private counselling sessions in collaboration with Richmond Foundation; 
• Additional half-day leave for birthday celebrations; 
• Annual performance appraisals and salary reviews; 
• €250 annual wellness allowance; 
• Complimentary mammogram screenings for female employees aged over 40 and PSA screenings for male employees aged over 40; 
• Flexible work arrangements (role permitting); and 
• Various corporate discounts.

BNF Bank plc is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.

To enhance the Bank’s compliance framework by supporting the coordination and execution of critical projects related to Customer Due Diligence (CDD), Customer Risk Assessment (CRA), and corresponding banking queries. This role plays a pivotal part in ensuring the integrity of customer onboarding, monitoring processes, and regulatory compliance through collaboration, methodology refinement, and robust policy implementation.

By contributing to the Bank’s AML/CFT & Sanctions Oversight programme, annual risk assessments, and training initiatives, the role aims to uphold regulatory standards, mitigate financial crime risks, and strengthen the Bank’s ability to adapt to evolving compliance requirements.