Money Laundering Reporting Officer (MLRO)

• Ensure that the firm is always compliant with FIAU and/or MFSA regulations for prevention of regulatory fines and penalties
• Maintain effective relationships with the MFSA and FIAU and other governmental bodies/agencies, handle any request or inquiry in an open and cooperative manner
• Be familiar with the Prevention of Money Laundering Act, (Cap. 373) and provisions amending the Act, the Regulations made thereunder, as well as the Implementing Procedures and any guidance notes issued by the Financial Intelligence Analysis Unit (FIAU)
• Ensure that all relevant staff are adequately trained in money laundering and terrorist finance prevention, that the standards and scope of the training are appropriate, and that appropriate training records are kept
• Ensure that proper Customer Due Diligence procedures are in place and that the procedures set out in the FIAU Implementing Procedures relating to the identification and verification of natural or legal persons are complied with.
• Develop and maintain the firm’s anti-money laundering and counter-terrorist financing policy in line with evolving statutory and regulatory obligations
• Create and/or update an internal reporting procedure to ensure that staff can report any such suspicious transactions without hindrance and that clear reporting lines are in place
• Ensure that the firm’s risk management policies, risk assessment profile and their application are adequately documented
• Establish and maintain appropriate risk-based monitoring processes that are proportionate to the firm's operations' scale, nature, and complexity.
• Ensure all internal suspicious activity reports received are investigated without delay
• Represent the firm to all external agencies, e.g. regulators or law enforcement agencies, and in any other third-party enquiries related to money laundering prevention, investigation or compliance
• Promptly respond to any reasonable request for information from the regulator and/or law enforcement agencies.
• Prepare MLRO report for the Board Meetings and present it at the said meetings
• Ensure that the legal reporting obligations, such as CASPAR reporting, of the firm are fulfilled errorless every time, on time

• Preferably the candidates previously MFSA approved personnel questionnaire (PQ)
• Mifid2 and MFSA rules knowledge and experience
• CFD business experience
• Residency in Malta.

• Excellent salary
• Fully regulated & licensed firm
• Excellent career opportunity

Due to the high volume of applications we receive at GRS Recruitment, only shortlisted candidates will be responded to.