Compliance Specialist / Analyst

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.