Duties:
• Assisting the Compliance Officer and MLRO in maintaining and developing a compliance culture with all legislation and regulations applicable.
• Supporting the Compliance Officer and MLRO in directing the compliance function.
• Responsible for the implementing policies and procedures and checklists.
• Assisting the Compliance Officer in updating policies, procedures, checklists to ensure CSP remains in line with regulatory developments and requirements.
• Ensuring the meeting of regulatory submission deadlines.
• Undertaking day to day compliance matters including handling emails, updating of client profiles, on-boarding processes, and client reviews.
• Assisting in the organisation of the compliance department.
• Supporting the employees on regulatory queries including matters related to AML/CFT and Data Protection.
• Reviewing legislative and regulatory update reports and circulating to relevant staff members. Followed by ensuring these updates are then actioned as necessary.
• Tackling regulatory inspections together with the Compliance Officer and MLRO.
• Assisting the Compliance Officer and MLRO with the review of the Business Risk Assessment.
• Overseeing Risk Evaluation Questionnaire (REQ) and Annual Compliance Return (ACR) submissions.
• Assisting in the review of the Client Risk Assessment methodology.
• Preparing Agenda and taking Minutes of Compliance Meetings with Compliance Officer and MLRO.
• Assisting in the preparation of Compliance Reports.
• Together with the Compliance Officer ensuring the Compliance Monitoring Programme is adhered to.
• Overseeing jurisdictional risk assessments.
• Devising sample-based compliance reviews of files and recommending action to be taken on findings
• Assisting the Compliance Officer and MLRO with AML/CFT and any other ad hoc issues as required.
Skills:
• Experience in regulatory compliance within MFSA-regulated Corporate Service Providers
• Minimum 5 years’ experience in a compliance related role
• Capable of working within a team, managing multiple tasks and working against stringent deadlines
• Possess very good interpersonal skills
• Must have a good command of the English language, in verbal and written forms
• Good computer skills
Qualifications:
• Specialised AML Training
• CPD hours in AML/CFT related courses, ideally CSP related.
MCConsult & Associates Ltd is a boutique firm offering a number of services including ship and mortgage registration, yachting services, corporate services, ship management, crewing services, legal and other ancillary services; as well as acting as resident agents and Authorised Representatives for a wide portfolio of global clientele through a network of Maltese and International Associates.