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:

The person in this position will be responsible to manage and oversee the day-to-day execution of projects related to Oversight Function within the FCC Department.

You will be responsible to:

• Lead the oversight of AML/CFT operations for the UK branch, working closely with the UK MLRO
• Ensure the successful execution of the Bank's AML/CFT & Sanctions Oversight programme and yearly monitoring plan
• Collaborate with the Head of FCC to develop and refine AML/CFT risk management strategies, ensuring proactive mitigation of emerging threats
• Work with the Head of Department and other members within FCC and other units to carry out the annual ML/TF Business Risk Assessment and follow up on any action points and open findings identified as part of the assessment
• Oversee the carrying out and updating of the Jurisdictional Risk Assessment, including working closely with the Head of Department to assess the validity of the methodology and recommend changes and updates as necessary
• Oversee, test and maintain the customer risk assessment methodology adopted by the Bank, including working closely with the Head of Department to assess the validity of the methodology and recommend changes and updates as necessary
• Assist in the preparation of the Risk Evaluation Questionnaire
• Facilitate employee training and development on AML/CFT obligations, helping to build a strong culture of compliance
• Work together with the Head of FCC and other members of the Department in maintaining and work on the continuous improvement of policies, procedures and working instructions pertinent to Bank's AML/CFT obligations and assisting the Head of FCC 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 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:

• have over 5 years of professional experience in areas related to financial crime compliance;
• hold at least 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;
• Excellent knowledge and experience in AML/CFT regulations, compliance competencies, best practices and activities;
• Experience in carrying out an oversight function, including the carrying out of reviews and inspections;
• Excellent attention to detail;
• Knowledge of standard computer tools and full proficiency in internet searches; knowledge of compliance-related computer tools;
• 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.