Compliance Manager

Our client is seeking to recruit a Compliance Manager. 

Duties include: 

• Oversee the implementation and ongoing maintenance of the firm compliance's framework, ensuring it remains fit for purpose and aligned with regulatory requirements
• Ensure compliance policies, procedures, and controls are updated as necessary and consistently applied across the business
• Oversee the end-to-end KYC/KYB and CDD process, ensuring onboarding files are complete, accurate, and meet FIAU Implementing Procedures standards
•  Review and quality-check Enhanced Due Diligence (EDD) files prepared by the compliance team before escalation to the Compliance Officer for final sign-off
• Ensure Beneficial Ownership identification and verification is carried out correctly and documented to the required standard
• Oversee the firm's client risk rating methodology and ensure it is applied consistently across the portfolio
• Manage the periodic CDD refresh programme, ensuring client files are reviewed in line with their risk classificatio
•  Review and assess PEP, sanctions, and adverse media screening outcomes, making recommendations on next steps to the Compliance Officer
• Oversee the firms ongoing transaction and activity monitoring processes, ensuring unusual patterns or red flags are identified and escalated promptly
• Hold the Role of Risk Management Officer with MFSA, Submit a PQ to MFSA
• Take on a mandatory training course on Risk Management for such role
• Manage, supervise, and mentor the compliance team, including senior compliance executives and compliance officers as may be required
•  Allocate workloads effectively, ensuring the team operates efficiently and deadlines are met
• Conduct performance reviews and identify training and development needs for team members
• Act as the primary escalation point within the team for technical compliance queries before referral to the Compliance Officer
• Foster a high-performance, detail-oriented, and compliance-conscious team culture
• Review and provide a compliance recommendation on complex or higher-risk client onboarding cases before submission to the Compliance Officer for final approval
•  Assess requests for waivers or exceptions to standard CDD requirements, documenting rationale and escalating where appropriate
• Coordinate with the client-facing and corporate services teams to resolve compliance-related onboarding queries efficiently
• Ensure that client structures involving complex corporate arrangements, trusts, or high-risk jurisdictions are subject to appropriate scrutiny
•  Design, coordinate, and deliver AML/CFT and compliance training programmes for all staff, including induction training for new joiners
• Ensure training content is up to date and reflects current regulatory requirements and typologies
• Maintain comprehensive training records and ensure all mandatory training is completed within required timeframes
• Promote and embed a strong compliance culture across the firm, acting as a visible and accessible compliance ambassador
• Oversee the effective use of compliance technology, including screening tools, CDD platforms, and case management systems
• Identify opportunities to improve efficiency and effectiveness through technology enhancements or process automation
• Ensure compliance data and client records are maintained securely and in accordance with GDPR obligationsSupport the evaluation and implementation of new compliance systems as required

Requirements

• A Minimum of 3 years of experience in a Local CSP firm, at least 1 of which in a managerial position
• Solid working knowledge of the Company Service Providers Act (Cap. 529), MFSA CSP Rulebook, and FIAU Implementing Procedures
• Strong understanding of AML/CFT obligations, CDD/EDD requirements, and beneficial ownership frameworks
• Familiarity with EU regulatory developments including AMLD6 and related directives
• Proven people management experience with the ability to lead and develop a compliance team
• Strong analytical, organisational, and report-writing skills
• Experience with Inscope is an asset
• Local experience is required