Group MLRO and AML Compliance Manager

A client of ours specialising in Financial and Corporate Services is currently seeking a Group MLRO and AML Compliance Manager to join their team of professionals:

Duties:

• Overall responsibility for the day-to-day management of the AML/CFT function within the Group and reporting to the board of directors of the Group and the respective subsidiaries
• Periodical reporting to the FIAU and the MFSA
• Guidance and assistance to the Compliance Officers appointed for Group entities
• Co-ordination of all matters relating to financial crime compliance within the Group (including not only AML/CFT but also sanctions and anti-bribery and corruption)
• Assessment of financial crime risk at a Group level and an entity level
• Conducting a de-risking exercise based on the findings of the risk assessment
• Regular monitoring of internal processes to ensure that all procedures are being followed and implemented
• Periodical checking of the level of due diligence being performed within the Group and separate entities, including spot-checks. Responsibility for remediation where gaps are identified.
• Drafting and updating policies and procedures.
• Setting up of systems across the Group to ensure that regular communication and continuous updating of relevant changes are shared with other entities
• Managing projects relating to the adoption of compliance software applications and the migration of data thereto
• Developing and delivering effective training programs to support client-facing employees in keeping current with developments on AML/CFT matters
• Providing information on customer risk to the Directors of the Group’s Subject Persons
• Keeping up to date with typologies and trends in financial crime matters.
• Train and mentor employees who have been identified as potential candidates to assist and deputise the Group MLRO and AML Compliance Manager

• At least 5 years` experience in an AML/CFT
• Sound working knowledge of the laws governing the prevention of money laundering and financing of terrorism in Malta, the FIAU Implementing Procedures, the relevant EU legislation, and the international standards.
• Exceptional oral and written communication skills in English
• Excellent computer skills and proficiency in Microsoft Excel, Word, Outlook, and Access
• Ability to challenge and debate issues of importance to the organisation
• Preference may be given to those who have already occupied the role of MLRO

• A university degree or equivalent qualification in a related field.

• Flexible hours
• Private Health Insurance scheme