Group MLRO & AML Compliance Manager

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A leading accounting & professional services company is looking for a group MLRO and AML Manager to join their Compliance team in Malta. You will report to the Partner responsible for Risk and Compliance and be responsible for the day-today management of the AML/CFT function within the Group. The ideal candidate will have at least 5 years` experience in an AML/CFT role (preference given to those who have already occupied the role of MLRO). If you feel you have the necessary skills and experience, then GRS look forward to receiving your CV for this Malta based Group MLRO and AML Manager role.
  • Overall responsibility for the day-today management of the AML/CFT function within the Group and reporting to the board of directors of the Group and the respective subsidiaries.
  • Receipt of internal reports and reporting of suspicious transactions and activity to the authorities.
  • Periodical reporting to the FIAU and the MFSA.
  • Guidance and assistance to the Compliance Officers appointed for Group entities.
  • Co-ordination of all matters relating to financial crime compliance within the Group (including not only AML/CFT, but also sanctions and anti-bribery and corruption).
  • Assessment of financial crime risk at a Group level and at an entity level.
  • Conducting a de-risking exercise based on the findings of the risk assessment.
  • Regular monitoring of internal processes to ensure that all procedures are being followed and implemented.
  • Periodical checking of the level of due diligence being performed within the Group and separate entities, including spot-checks. Responsibility for remediation where gaps are identified.
  • Drafting and updating of of policies and procedures.
  • Setting up of systems across the Group to ensure that regular communication and continuous updating of relevant changes are shared with other entities.
  • Managing projects relating to the adoption of compliance software applications and the migration of data thereto.
  • Developing and delivering effective training programmes to support client-facing employees in keeping current with developments on AML/CFT matters.
  • Acting as a point of reference in keeping every entity within the Group, that is a Subject Person, in check to prevent breaching of AML/CFT rules and regulations and other applicable rules.
  • Providing information on customer risk to the Directors of the Group’s Subject Persons so that decisions can be taken as to whether potential clients should be onboarded or otherwise, or whether current clients should be exited.
  • Organising meetings of the Customer Acceptance Committee where necessary, participating in such meetings and providing all the information necessary for decisions to be taken on whether to onbaord or retain clients.
  • Keeping up to date with typologies and trends in financial crime matters.
  • Train and mentor employees who have been identified as potential candidates to assist and deputise the Group MLRO and AML Compliance Manager.
  • Providing assistance to the MLRO of Fenech Farrugia Fiott Legal, a collaborative partner and legal advisor to the Group, and the MLRO of Capstone Assurance Limited.
  • At least 5 years` experience in an AML/CFT role.
  • Preference may be given to those who have already occupied the role of MLRO.
  • A university degree or equivalent qualification in a related field.
  • Sound working knowledge of the laws governing the prevention of money laundering and financing of terrorism in Malta, the FIAU Implementing Procedures, the relevant EU legislation, and the international standards.
  • Excellent computer skills and proficiency in Microsoft Excel, Word, Outlook, and Access.
  • Exceptional oral and written communication skills in English.
  • Strong interpersonal skills.
  • A demonstrated commitment to high professional ethical standards.
  • Ability to thrive in a fast-paced environment.
  • Ability to challenge and debate issues of importance to the organisation.
  • Opportunities for career development.
  • A flexible approach to work.
  • Private health insurance scheme.
  • Exciting and friendly work environment.
  • Continuous training opportunities.
  • Competitive salary package.
  • Achievement bonus for employees who further their education in relation to their role.
  • An active social committee, organising various fun and team-building events on a regular basis.
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, laura@grsrecruitment.comquoting the above job reference or call +356 27780664 for further information.


Job Summary
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    24 August 2022
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  • 3315
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