A leading accounting & corporate advisory firm is searching for a Due Diligence Specialist to join their compliance team in Malta. You will undertake due diligence and screening on prospective customers as part of the onboarding process. The ideal candidate will have at least 1-3 years of experience in dealing in AML/CFT, Sanctions, mainly in due diligence and ideally hold certification in this field. If you have the required skills and experience, GRS looks forward to receiving your CV for this Due Diligence Specialist position based in Malta.
DUTIES AND RESPONSIBILITIES
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Perform due diligence and screening on prospective customers as part of the onboarding process
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Together with the Service Line, setting up calls with prospective customers to gain knowledge and get a better understanding of the customer profile ensuring it fits within the firms risk appetite
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Conducting due diligence research, adverse checks and information analysis in accordance with established procedures
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Completing due diligence reports to a high standard, concisely outlining all of the relevant information and identified risks (if any)
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Navigating public databases and internal systems to identify and verify due diligence information
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Responsible for the daily review and clearing of hits on the Firm’s screening tool and the necessary escalation (where necessary)
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Perform thorough customer reviews, ensuring that all necessary information and documentation is collected and verified in accordance with the firms Policies and Procedures
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Maintaining and updating the internal team registers
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Review and update customer risk profiles and conducting customer risk assessments
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Conduct enhanced due diligence for high-risk customers, ensuring that all relevant risk factors are assessed and addressed. In this regard, ensuring that high-risk customers are escalated in line with internal procedures in a timely manner
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Evaluate customer risk profiles to identify potential red flags or suspicious activity/transactions
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Escalate internal suspicious transaction/activity reports to the MLRO
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Provide guidance and support to team members and service line on CDD-related matters
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Communicate effectively with customers and service line to obtain required documentation and information
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Provide support during audits, inspections or oversight exercises
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Stay updated on changes in AML/CFT and Sanctions obligations and industry best practices to ensure the firm remains compliant
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Work jointly with the Head to monitor and report on emerging risks, trends, and regulatory changes, providing actionable insights to senior management
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Perform any other duties delegated by management as needed
CANDIDATE PROFILE
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Strong KYC and Customer Due Diligence knowledge
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Diploma in Anti-Money Laundering, Certificate in KYC and CDD or recognised Anti Money Laundering or Financial Crime Qualification
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At least 1-3 years of experience in dealing in AML/CFT, Sanctions, mainly in due diligence. Candidates with limited experience but willingness to learn on the job are encouraged to apply for consideration for the Junior role as training will be given on an ongoing basis as part of Firm’s commitment towards employee career development
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Keen eye for identifying ML/TF risks and customer risks
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Have a good knowledge of Maltese and EU AML/CFT regulations and the ability and agility to adapt to change
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Fluent in written and verbal English and ideally Maltese
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Excellent analytical, problem-solving, and decision-making skills, with the ability to interpret complex legal and regulatory documents
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Highly organised, knows how to prioritise tasks and able to meet tight deadlines
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Excellent computer skills and proficiency in Microsoft Excel, Word, PowerPoint and Outlook
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Strong interpersonal skills
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A positive ‘can do’ attitude and an ability to take ownership of tasks through to completion
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A demonstrated commitment to high professional ethical standards
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Ability to work well independently, performing in-depth research and reviews, and with others as part of the AFC & Compliance Function
COMPANY BENEFITS
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Competitive salary based on academic qualifications and experience
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Flexibility Policy
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Casual Fridays
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Performance bonus in December
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Performance Appraisal in Dec/Jan
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CPE hours plus Memberships paid
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Continued Development Policy
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Health insurance
Due to the high volume of applications received at GRS Recruitment, only shortlisted candidates will be responded to.
If you meet the criteria and are ready to take the next step in your career, we encourage you to apply for this exciting opportunity as a Permanent Due Diligence Specialist in Malta. Join a team that values integrity and efficiency and make a meaningful impact in the field of compliance.