Senior Officer – Regulatory Compliance


Duties and responsibilities

  • Ensuring compliance with the relevant laws, rules, regulations, and directives issued pursuant to the Investment Services Act, the Banking Act, and other relevant financial services laws
  • Ensuring products and services are compliant with regulations
  • Assist in the implementing of policies and procedures in relation to rules and regulations
  • Monitoring of processes related to compliance risks
  • Escalating breaches for appropriate action to be undertaken
  • Ensuring the development and maintenance of good relationships with key internal and external stakeholders including local regulators
  • Other duties as may be determined from time to time by the Senior Specialist – Regulatory Compliance

Required knowledge, skills and experience

  • Bachelor’s Degree in Finance, Banking, Compliance or related discipline (not mandatory)
  • Minimum of 4 years of relevant experience
  • Sound understanding of Banking and Investment Services related rules and regulations and good knowledge of the MFSA rules of conduct
  • Knowledge on tax related laws like FATCA, CRS and QI
  • Good communication and presentation skills
  • Proven ability to learn and to adapt to a changing environment
  • Self-motivated and self-driven
  • Excellent team player
  • Proficiency in Microsoft Office suite is a minimum requirement

Senior Officer – Financial Crime Compliance


Duties and responsibilities

  •  Assisting the MLRO in ensuring compliance with laws, rules, regulations and directives issued pursuant to the Prevention of Money Laundering and Funding of Terrorism Regulations, Bribery & Corruption and Sanctions regulations
  • Assisting the MLRO in overseeing the Financial Crime Compliance processes in line with Bank’s standards and regulatory obligations
  • Assisting the MLRO with the delivery and completion of the Compliance Monitoring Plan in assessing the effectiveness of processes and controls in relation to Financial Crime Risks
  • Assisting in the investigation and adjudication of client screening and transaction monitoring alerts
  • Interacting and collaborating with other departments on Financial Crime related issues and enquiries
  • Compliance related issues and enquiries
  • Providing ongoing input and/or feedback on the processes and tools, with the aim to improve the efficiency of the team
  • Assisting in requests for information and documentation received from the FIAU, Police Authorities, Courts of Malta and other authorities in a timely manner

Required knowledge, skills and experience

  • First Degree in Banking or Compliance or an equivalent technical knowledge of the regulatory framework and common practises in compliance within the Financial Services Industry
  • Certificate in Compliance or Financial Crime Prevention
  • Preferably possess good IT skills, including proficiency in Microdoft Excel, Financial Crime software implementation, database management and SQL knowledge. Familiarity with cloud computing and AI machine learning is a plus. The ideal candidate should be able to troubleshoot technical issues and contribute to the FCC team’s technological advancements
  • A minimum of 12 months experience in a risk management position.

Login

We strive to ensure a streamlined account opening process, via a structured and clear set of requirements and personalised assistance during the initial communication stages. If you are interested in opening a corporate account with MeDirect, please complete an Account Opening Information Questionnaire and send it to corporate@medirect.com.mt.

For a comprehensive list of documentation required to open a corporate account please contact us by email at corporate@medirect.com.mt or by phone on (+356) 2557 4444.