Salary Calculator
Financial Crime Compliance Senior Officer
MeDirect Bank Malta is currently looking to recruit a Financial Crime Compliance Senior Officer to join their team on a full-time basis.
Overview:
The selected candidate will join the Financial Crime Compliance (FCC) team ensuring adherence to applicable regulations and standards by setting the policies that cover the Group’s regulatory requirements. Reporting to the Money Laundering Risk Officer (MLRO), the candidate will assist in the development, implementation and monitoring of systems, processes and controls related to the prevention of financial crime. These include Anti-Money Laundering and Counter Terrorism Financing (AML/CTF), Anti Bribery and Corruption (ABC) and Sanctions Regimes.
The selected candidate should be willing to relocate to the specified job location.
Duties and responsibilities:
- Assisting the MLRO in ensuring compliance with laws, rules, regulations and directives issued pursuant to the Prevention of Money Laundering and Funding of Terrorism Regulations, Bribery & Corruption and Sanctions regulations
- Assisting the MLRO in overseeing the Financial Crime Compliance processes in line with Bank’s standards and regulatory obligations
- Assisting the MLRO with the delivery and completion of the Compliance Monitoring Plan in assessing the effectiveness of processes and controls in relation to Financial Crime Risks
- Assisting in the investigation and adjudication of client screening and transaction monitoring alerts
- Interacting and collaborating with other departments on Financial Crime Compliance related issues and enquiries
- Providing ongoing input and/or feedback on the processes and tools, with the aim to improve the efficiency of the team
- Assisting in requests for information and documentation received from the FIAU, Police Authorities, Courts of Malta and other authorities in a timely manner.
Required knowledge, skills and experience
- First Degree in Banking or Compliance or an equivalent technical knowledge of the regulatory framework and common practises in compliance within the Financial Services Industry
- Certificate (or in the process of obtaining one) in Compliance or Financial Crime Prevention
- IT skills, including proficiency in Microsoft Excel, Financial Crime software implementation, database management and SQL knowledge. Familiarity with cloud computing and AI machine learning is a plus will be preferred
- A minimum of 12 months experience in a compliance or compliance related position will be preferred.
MeDirect (formerly known as Mediterranean Bank) is a pan-European retail digital challenger bank, with two main lines of business: WealthTech and specialised mortgage lending.
As a WealthTech, our aspiration is to democratise investing and disrupt the retail digital investment space by deploying a unique Wealth SuperApp offering one of the broadest range of online investment solutions to individual clients.
We provide clients with autonomy, choice and guidance in the way they want to manage their money. Our SuperApp is also a one-stop-shop, catering to clients’ investment and everyday banking needs. All this with simplicity and an easy user experience.
As a specialised mortgage lending platform, we carefully select the segments we operate in, with the goal of setting new standards of service for our customers and address, when relevant, underserved segments of the mortgage market in jurisdictions we operate in.
With ca. 400 employees at Group level in aggregate, we are growing a world-class Tech platform in Malta to support our pan-European operations, currently in Belgium, the Netherlands and Malta. We compete for talent on an international level, with 25 different nationalities currently represented in the Group. Our work environment is fast paced and constantly changing while fostering a sense of teamwork and pride in participating in MeDirect’s exciting transformation journey.
Headquartered in Malta, MeDirect has a subsidiary bank in Belgium, MeDirect Bank NV/SA. MeDirect is Malta’s third largest banking group in terms of total assets. It is a systemic bank in Malta, and its consolidated group is supervised under the Single Supervisory Mechanism by a Joint Supervisory Team including the European Central Bank, the Malta Financial Services Authority and the National Bank of Belgium.
Share
Tweet
Email
Share
