Senior Analyst (Due Diligence) - Compliance jobs in Malta - April 2021

Senior Analyst (Due Diligence)

JOB TYPE: Full Time JOB LEVEL: Experienced (3 years +), Middle Management
CATEGORY:
Compliance
EMPLOYER INDUSTRY: Financial Services
Job vacancy: Senior Analyst within Due Diligence in Grade 6
Job code: DD/007/2021

About Due Diligence:
The Due Diligence function is responsible for conducting due diligence checks on persons being proposed to take on approved positions within entities licensed by the MFSA. Among its many duties, the function is responsible for carrying out probity screenings in relation to all qualifying shareholders as well as key functionaries within a licensed entity. The Due Diligence Function shall also be responsible for carrying out ongoing checks, on a risk-based approach, to verify that approved persons are still of good repute.

The Role:
  • Act as a reference point and leading analyst responsible for due diligence at various levels;
  • Manage the team's case management workflow by assigning and tracking cases and reporting of management information to senior management;
  • Coordination and cooperation with other internal and external stakeholders;
  • Probity screening in relation to all qualifying shareholders as well key functionaries within a licensed entity in applications;
  • Carry out Enhanced Due Diligence (EDD) and address higher-risk situations, including adverse media and other complex involvements;
  • Carry out ongoing checks on a risk-based approach to verify that approved persons are of good repute;
  • Participate in interviews with applicants as required;
  • Conducting Internet searches and investigations;
  • Analyzing, assessing, discussing, and presenting findings of investigations to senior management;
  • Preparing investigation reports, memos, and correspondence;
  • Participate in the development of a team strategy with senior management;
  • Participate in the development of internal and external policies and guidelines;
  • Other duties and tasks may be assigned by senior management.

About You:
To qualify for this job, you will need to have academic qualifications in Financial Services, Criminology, or in another related background at National Qualification Framework Level 6 or better, in a relevant area. If your qualifications are not Maltese, please make sure that they are certified by the Malta Qualifications Recognition Information Centre (MQRIC) or a widely recognized professional qualification at a comparable level. Sound knowledge of financial services legislation and familiarity with the financial service's regulatory framework, and an understanding of financial crime, including money laundering and funding of terrorism, is required. A relevant Post-Graduate Degree would be considered an advantage. You will also need to have at least five (5) years of experience working in an area relevant to the role. Candidates with longer working experience relevant to the role will be preferred. If you do not have the necessary academic or professional qualifications but have at least ten (10) years of relevant experience, we would still be interested in speaking with you.

The following skillset is a must for this position:
  • The ability to multi-task and work on own initiative;
  • The ability to work in a team;
  • Excellent verbal and written communication skills;
  • The ability to cope with a large volume of work, prioritize and deliver under pressure;
  • Sound analytical and judgmental skills.

How to apply or query further information:
Candidates are to forward a copy of their Curriculum Vitae (C.V.) and an accompanying covering letter providing the motivation for the application.

Other Important Information:
The MFSA is an Equal Opportunities Employer as certified by the NCPE (National Commission for the Protection of Equality) and is committed to a policy of equal opportunity in all aspects of employment and will take care to avoid any form of discrimination in its recruitment procedures. The MFSA reserves the right to withdraw this call at any time and not to select any of the Candidates. It is the responsibility of applicants in possession of qualifications awarded by Universities and other similar institutions outside Malta to produce a recognition statement on the comparability of qualifications issued by the Malta Qualifications Recognition Information Centre (MQRIC). Applicants should do so preferably at the application stage or otherwise at the preliminary interview should an applicant be selected for such an interview. Details can be obtained by accessing the National Commission for Further and Higher Education website on www.ncfhe.gov.mt under the MQRIC heading. The MFSA shall ensure that any processing of personal data is in accordance with Regulation (EU) 2016/679 (General Data Protection Regulation), the Data Protection Act (Chapter 586 of the Laws of Malta), and any other relevant European Union and national law. For further details, you may refer to the Data Protection Policy on the MFSA webpage. Candidates are to note that the submission of any false statement/s or omission, even if unintended, may lead to the cancellation of their application and may render the candidate's appointment liable to termination. Furthermore, please note that candidates may be asked to submit any documentation in support of the information provided, including but not limited to, proof of qualifications and Police Conduct Certificates.

Jobsplus Reference No: 254/2020

Malta Financial Services Authority:
The Malta Financial Services Authority (MFSA) is the single regulator for financial services in Malta. It was established by law on 23 July 2002 taking over supervisory functions previously carried out by the Central Bank of Malta, the Malta Stock Exchange and the Malta Financial Services Centre. The Authority is a fully autonomous public institution and reports to Parliament on an annual basis.

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