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Compliance Officer & MLRO

  • Full Time
  • Malta
  • DOE
  • Compliance, Financial Services
  • Apply By: May 21, 2023

JOB ID: 39714

Required Skills
AML Analytical Attention to Detail CFT Compliance MFSA Multi-Tasking Teamwork
Job Description

Job Description


Company Introduction

Our client is a leading company in financial services.

Job Responsibilities and Duties

  • Ensure compliance with MFSA regulations at all times;
  • Ensure compliance with Data Protection Act and associated EU directives;
  • Maintain effective relationships with the MFSA and other governmental bodies/agencies;
  • Handle any request or inquiry in an open and cooperative manner
  • Identify key regulatory, conduct and operational risks and implementing mitigants;
  • Develop and implement an appropriate compliance strategy;
  • Develop appropriate client on-boarding/KYC policies, procedures and systems;
  • Advise, assist, monitor and assess compliance with non-financial regulatory obligations;
  • Monitor and assess the effectiveness of systems and controls, in line with regulatory requirements and ‘best practices’;
  • Identify and implement plans for the remediation of weaknesses and deficiencies;
  • Governance Structure, ensuring that governance and Management responsibilities are clearly identified and updated accordingly;
  • Provide regulatory advice across the different business lines;
  • Ensure compliance responsibilities are taken seriously, and a compliant culture is embedded within all levels of the business;
  • Ultimate responsibility for ensuring complaint handling procedure are compliant with regulatory requirements;
  • Acts as an independent review and evaluation body to ensure that compliance Issues/concerns within the organisation are being appropriately evaluated, investigated and resolved;
  • Prevention of regulatory fines and penalties;
  • Provide regulatory advice covering the operations of the firm and pragmatic advice to the business related to AML requirements;
  • Advise senior management team and all employees where necessary of emerging compliance issues, implementation and operation of compliance programs;
  • Give full support and guidance to line managers on all MFSA matters;
  • Responsible for developing and implementing a risk-based compliance monitoring programme, identifying, assessing, monitoring and reporting all material compliance and AML/CTF risks;
  • Responsible for the development and implementation compliance and AML/CTF policies and procedures, ensuring regulatory and legislative requirements are met;
  • Filing of appropriate compliance reports with MFSA and other regulatory bodies by due dates;
  • Preparation of management reports regarding compliance operations for senior management and the board e.g., annual MLRO Report;
  • Responsible for day-to-day management of employee training on compliance matters, including internal policies and procedures, the application of standards and guidelines, and relevant laws and regulatory requirements, promoting and enhancing a strong compliance culture.


  • Fluent in written and spoken English;
  • Previous experience in a similar role is a must;
  • Preferably candidates should already be PQ’d by the MFSA;
  • Mifid2 and MFSA rules knowledge and experience.

Personal Skills

  • CFD business experience
  • Attentive to detail;
  • Can work under pressure.