Assistant Manager - Financial Crime & Compliance Department

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. 

‍Duties & Responsibilities

You will be responsible to:

• Co-ordinate and oversee the day-to-day execution of projects related to Customer Due Diligence (CDD), Customer Risk Assessment, Corresponding Bank queries and oversight on the same corresponding banks within the FCC Department; 
• Work closely with the UK MLRO about policies and procedures focused on CDD, CRA and queries from the regulator;
• Provide advice on peps as part of the customer onboarding and ongoing monitoring;
• Work with the other team members to ensure the execution of the Bank’s AML/CFT & Sanctions Oversight program and yearly monitoring plan;
• Work with the Head of the Department and other members within FCC and other units to carry out the annual ML/TF Business Risk Assessment, and the Risk Evaluation Questionnaire and follow up on any action points and open findings identified as part of the assessment;
• Oversee, test and maintain the customer risk assessment methodology adopted by the Bank, including working closely with the Head of Department and the oversight function to assess the validity of the methodology and recommend changes and updates as necessary, including the maintenance and implementation of the tool;
• Review and provide no objection and feedback from an FCC perspective, on customer profiles at the customer onboarding and review stage for certain categories of high-risk customers;
• Oversee and assist the Bank in maintaining the corresponding Bank relations;
• Identify training needs and provide training to employees about the Bank’s AML/CFT obligations; 
• Work together with the Head of FCC and other members of the Department in maintaining and working on the continuous improvement of policies, procedures and working instructions pertinent to the Bank’s AML/CFT obligations and assisting the Head of FCC in ensuring that the Bank can meet its AML/CFT legal and regulatory expectations;
• Maintain good current awareness of AML/CFT-related regulatory changes and provide advice to ensure compliance; 
• Produce robust and meaningful management information and reports; and
• Lead/Collaborate with other team members within the FCC Department on ad hoc projects which may be assigned by the Head of the Department from time to time.

Competencies and experience

The potential candidate should be reliable and trustworthy, well-organised with a disposition to learn and have a team-oriented approach. The candidate should demonstrate excellent written and verbal communication skills in both English and Maltese, with the ability to communicate effectively using a high level of business English.

You must have:

• An MQF Level 5 or higher qualification in financial crime compliance or finance or related subject or an ICA/ACAMs qualification pertinent to AML/CFT;
• At least 3 years of professional experience in areas related to financial crime compliance;
• Excellent knowledge and experience in AML/CFT regulations, compliance competencies, best practices and activities;
• Excellent attention to detail; 
• Knowledge of standard computer tools and full proficiency in internet searches; 
• Strong interpersonal skills, able to interact with people at all levels, assertive and able to influence; ability to convince others rather than resort to enforcement measures, leading by example; 
• Good communication and writing skills; and
• Strong ability to multi-task, prioritise workloads and work effectively in a team and also good management skills.

What we Offer

• 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.