A fantastic opportunity has arisen within a licensed Payments institution in Malta as Money Laundering Reporting Officer (MLRO). You will be responsible in ensuring that the company achieves and maintains compliance with its AML-CFT obligations. The perfect candidate will have a minimum 3 years’ experience in AML-CFT Compliance, Transaction Monitoring, Banking, Audit or other regulatory related work and ideally have been approved by the MFSA as MLRO. If you are looking to join an international company, then we look forward to receiving your CV for this Malta based Money Laundering Reporting Officer (MLRO) role.
MAIN DUTIES AND RESPONSIBILITIES
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Ensure that the company complies with the requirements of all applicable anti-money laundering legislation and internal Group standards
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Develop, improve and manage the company’s policies, procedures and controls related to AML-CFT in line with the latest regulations in the industry
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Maintain, update and implement a Business Risk Assessment in line with the activities carried out by the company
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Oversee, monitor and manage the extent to which the group policies and operational procedures pertaining to AML/CFT policies and procedures are sufficiently implemented and effective in light of the risks relating to ML/TF with which the company is exposed
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Assess and update systems and procedures to ensure that all suspicious transactions are investigated, documented and passed on to the relevant authorities if necessary
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Carry out periodical risk assessments and advise the company on necessary actions
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Ensure that there is an AML-CFT compliance culture, including delivery of AML-CFT training
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Act as MLRO and liaise with the regulator as required
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Investigate and analyse suspicious activity reporting from the transaction monitoring processes, and reporting to the FIAU where required.
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Act as a liaison officer in handling Requests for information by Regulatory authorities and Police/ Attorney General/ FIAU
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Liaise with 3rd parties and regulators when and as needed
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Assist in the performance of due diligence and reviews of existing key partners and customers in accordance agreed and applicable frameworks
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Communicate effectively and efficiently with relevant internal and external parties to obtain due diligence information and documents
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Assisting with internal reporting and preparation of Management Information, AML Reports and KPIs
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Prepare data analysis and assist with regular or ad hoc reporting or submissions
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Completion and submission of REQ to the FIAU
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Keep abreast with AML/CFT regulatory developments
CANDIDATE PROFILE
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Minimum 3 years practical experience in AML-CFT Compliance, Transaction Monitoring, Banking, Audit or other regulatory related work
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Already holding an approved MLRO position is considered a plus
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Excellent knowledge of AML-CFT regulatory obligations, laws, regulations and directives is a must;
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Excellent oral and written skills and able to communicate with a variety of both internal and external stakeholders
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Have a strong compliance culture, integrity and trustworthiness
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Independent oversight and problem solving skills
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Analytical skills
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Great attention to detail and high accuracy
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Excellent organizational and reporting skills
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A team player who is able to adapt and learn to work in a fast-paced environment
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Professional integrity
COMPANY BENEFITS
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.
Due to the high volume of applications we receive at GRS Recruitment, only shortlisted candidates will be responded to.