Our client, a well established and growing company within the Fintech field is looking for a Regulatory Compliance Specialist to join their team in Malta.
Assist in developing and maintaining appropriate compliance programme and controls, in particular in the following areas of core regulated obligations:
Payment Services Regulations 2009 (and forthcoming PSD2);
Financial Crime Prevention (Anti-Money Laundering, Suspicious Activity Monitoring and Sanctions);
Data Protection, Privacy and non-technical PCI;
Anti-Bribery and Corruption.
Monitor and mitigate all compliance risks, ensuring the smooth operation of the business’ compliance monitoring programme
Keep up to date with regulatory changes to ensure the business continues compliance with relevant regulations
Provide product regulatory advice to the business through regular and ad hoc regulatory gap analysis review of existing products
Participate in compliance related projects and working closely with project stakeholders to ensure compliance project requirements are delivered in a timely fashion.
Monitor the business systems and controls in order to maintain compliance with applicable laws and regulatory requirements
Submit regular updates to the business about regulatory changes, including detailed assessment of impact to the business, and working with the Head of Compliance to devise appropriate plans for the implementation of such changes
Review and advising on escalated compliance enquiries, including escalated customer due diligence, on-boarding cases, and regulatory and compliance related matters
Oversee the preparation and reviewing processes for regulatory filings
Assist in the preparation and delivering of compliance training to the various areas of the business
Assist in audit reviews carried out on the firm
Ensure that compliance documentation and processes are kept up to date
Identify suspicious activities and filing the necessary reports
Provide quality assurance review of tasks handled by other Compliance Team members
Minimum 4 years’ experience in a compliance role, or as a regulatory specialist, ideally within the card and payment industry
Proven experience in the understanding and interpretation of regulation within the payment industry and the implementation of solutions to address regulatory requirements
In-depth experience of compliance monitoring and the ability to develop compliance monitoring programmes and techniques
Good understanding of UK, Malta and EU financial services regulatory compliance, the FCA Handbook, non-technical PCI DSS and PSD
Technical and practical expertise of AML and ABC regulations
Experience in gap analysis, regulatory reporting and policy writing
Strong oral and written communication skills
Able to work within a rapidly changing environment
SpotOn Connections offers international recruitment solutions and career consultancy for all industries across Europe. We deliver a premium service at all stages of the recruitment process, taking the time to get to know our clients and candidates on a personal level so that we can make the perfect match. Our network of consultants come from a recruitment background, with particular specialisation on the finance, legal, technical, and multilingual industries. We currently have offices in Malta and Portugal.