Head of Compliance and MLRO - Job ID: 00136

  • Ceek Recruitment Solutions
  • Malta
  • Apr 06, 2020
Full time Banking Jobs Compliance Jobs Finance Jobs Legal Jobs MLRO Jobs

Job Description

Job Description

Are you eager to join a growing Fintech bank and have what it takes to be in a senior management position within Compliance and MLRO? Then we at ceek are looking for a Head of Compliance and MLRO. You will be responsible of the Compliance and AML/CFT function of the Bank.

What is expected of you?

  • Vet all standard form of documents, marketing material and agreements
  • Oversee all aspects of the Bank’s AML/CFT activities and the exercise of effective influence on its AML/CFT policies and procedures
  • Ensure compliant with all requirements under the Prevention of Money Laundering Act 1994, the Prevention of Money Laundering Regulations and FIAU Implementing Measures
  • Ensure that all officers and employees are made aware of the regulatory requirements
  • Ensure all staff are up to date on money laundering issues, particularly in view of higher risk customers
  • Receive internal suspicion reports on suspicious activity or transactions from staff to determine whether a suspicion of ML/FT subsists
  • Liaise with the police, FIAU and any other investigative authority to assist in investigations and respond promptly to any request for information made by the FIAU and the MFSA
  • Assist and provide legal support services to the Executive Management and the banking teams
  • Assess conformity of internal codes of conduct, policies and procedures with relevant legal and regulatory obligations to Malta office activities
  • Advise senior management and employees of the Bank’s ethical standards and professional principles, compliance with relevant laws, regulations and standards
  • Report periodically to senior management on compliance and AFC and any related incidents
  • Build a compliance-aware culture within the bank, with appropriate education, training and compliance monitoring  


What are you expected to bring?

  • A relevant degree level
  • An appropriate qualification in compliance or AML/CFT/fraud prevention
  • Experience in compliance, preferably in the financial sector in Malta
  • Proven experience of managing a team of people

What is in it for you?

  • Attractive remuneration package
  • Dynamic work environment
  • Career prospects
  • The opportunity to be part of a growing organisation