AML Officer

icon Malta
icon Banking & Finance



Our client, a leading Investment Bank is looking for an AML Officer to join their Transaction Monitoring Team, which forms part of the Anti-money Laundering Department in Malta. The ideal candidate will have a related University degree and experience in AML. If you feel you have the necessary skills and experience, then GRS look forward to receiving your CV for this Malta based AML Officer role.
  • Manage the Bank’s Transaction Monitoring System – checking and looking into:
    • Sanctions / Embargo alerts
    • Other alerts triggered by the system.
  • Post transaction monitoring on specific payments, as alerted by the system and other trigger events
  • Have a thorough understanding of the customer’s business and understand the relationship with related parties in order to monitor account activities and identify suspicious or unusual activities or transactions
  • Identify and verify the Source of Funds/Source of Wealth, as applicable
  • Review of systematic alerts generated from the AML/CFT transaction monitoring system and to understand and determine if transactions are in line with the customers’ profile
  • Identify transactions and activities that are not in line with the customer’s profile or the Bank’s Risk Appetite and raise internal unusual activity reports
  • Record Keeping of monitored transactions
  • Customer transaction analysis reports and summaries on request
  • Handling of requests for information
  • Understand the Bank’s AML / CFT Policies and Procedures
  • Identify and define opportunities for process improvements
  • Be proactive in suggesting improvements and drafting processes and procedures for the Team
  • Communicate effectively and efficiently with colleagues
  • Contribute to team’s effort by meeting KPI’s
  • Assist with specific projects which may rise from time to time and work on other tasks as requested.
  • Must have a University Degree level – Preferably in Criminology, Banking and Finance or relating specifically to AML/CFT Compliance
  • A Certificate or Diploma in/or related to AML/CFT is considered as a strong asset
  • Knowledge of AML/CFT obligations, laws, regulations, and directives
  • Knowledge of the FIAU Implementing Procedures
  • Good knowledge and understanding of AML/CFT related regulatory reporting requirements
  • Understanding of banking and investment services, banking products, including comprehension of wealth management, securities, legal entities or arrangements and corporate structures
  • Minimum of 2 years practical experience in an AML/CFT Compliance, Transaction Monitoring, Banking, Audit or other Regulatory role
  • Competitive salary package, including annual performance bonus
  • On-the-job training will be provided
  • Opportunity to work in a great team environment which supports teamwork and personal development
  • Group health insurance
  • Employee savings plan
  • Flexible working hours
  • Free parking!!!
Due to the high volume of applications we receive at GRS Recruitment, only shortlisted candidates will be responded to.
To apply for this position, please email your CV to Laura Constantinou, quoting the above job reference or call +356 2778 0664 for further information.


Job Summary
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    27 September 2022
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  • 4339
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