Assistant Head of Compliance (maternity cover)

icon Malta
icon Banking & Finance
JOB DESCRIPTION

Ref#7562

 

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A well-established Insurance firm is looking for an Assistant Head of Compliance to join their team in Malta to cover Maternity period for a minimum of 6 months from September. You will act as the first line of support to the Director and Group Head of Compliance/ MLRO on all compliance matters.  This is a temporary role, covering maternity leave for a minimum of 6 months. The ideal candidate will have at least 5 years’ experience in a compliance role within financial services. If you are looking for a great opportunity, then we look forward to receiving your CV for this Malta based Assistant Head of Compliance role.
MAIN DUTIES AND RESPONSIBILITIES
  • Support the Assistant Manager on a day-to-day basis to deal with technical compliance and other related queries raised by the business or external stakeholders and provide the necessary compliance advice and guidance within a stipulated timeframe.
  • Assist in the due diligence in setting up Terms of Business with Advisory firms as necessary.
  • Prepare and submit periodic Regulatory reporting, ensuring accuracy and timeliness of submissions.
  • Dealing with requests and enquiries received from Regulatory and law enforcement authorities, including the Malta Asset Recovery Unit.
  • Conduct AML/CFT related reviews on High-Risk clients (EDDs).
  • Carry out client screening at onboarding and on an ongoing basis.
  • Investigate any data protection breaches escalated to Compliance, assess the risk and advice the business on the remedial action required.
  • Report to the relevant Data Protection Authorities reportable GDPR breaches as necessary within 72 hours from identification of the breach.
  • Handle data protection matters and requests for information that may arise, including Data Subject Access Requests and other ad hoc requests received from the Financial Services Compensation Scheme and ensure that the regulatory time frames are adhered to at all times.
  • Responsibility for maintaining up-to-date registers; Data Breaches register and Data Subject Access Request register.
  • Monitor all communication issued by the Regulators, namely MFSA, provide a summary and impact analysis of any applicable changes and required actions.
  • Keeping abreast with public statements issued by global and local Regulatory bodies, provide analysis and implement any changes namely on Financial Sanctions and FATF.
  • Adhere to procedures and apply company standards to all work for which the role has responsibility.
CANDIDATE PROFILE
  • The ideal candidate will have worked in the Financial Services Industry in a Compliance role for at least 5 years and have had exposure to dealing with confidence with Regulators.
  • Educated to degree level and a suitable relevant qualification will also be required.
  • Solid technical regulatory compliance knowledge, in particular on Financial Crime Compliance and GDPR. Pensions related experience is an asset
 
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 Michelle Cooper, michellec@grsrecruitment.com quoting the above job reference or call +356 2168 0800 for further information.
Job Summary
  • icon
    25 June 2024
  • icon
    Permanent
  • 7562
  • michellec@grsrecruitment.com