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Head of Compliance - Malta 


Dependent on experience

Valletta, Malta

Card payment schemes/systems,Co-brand/affinity/joint venture cards,Debit cards,Retail Banking,Compliance,Fraud,AML

Permanent | Full Time



Not specified

Head of Compliance - Malta 

Our client is an exciting scale up owned by an established UK parent company         As they navigate their fast growth trajectory they are seeking an experienced,  dynamic and proactive Head of Compliance to liaise with Board level and C Suite internally and the FCA and MSFA amongst other regulatory bodies externally.

As Head of Compliance, you will report to the CEO and have a team of 3 reporting into you

Day to day you will :

·        Ensure  the Company is always operating within the terms of its license conditions and other applicable laws, directives and regulations, as well as in terms of its policies and procedures

·        Manage and guide the Compliance Team

·        Implement and monitor the Compliance Monitoring Programme ; working closely with other Departments, reporting on a regular basis to the Board of Directors and Risk and Compliance Committee on the progress of implementation, and assist these components in establishing methods to improve efficiency and quality of services;

·        Provide Senior management with information on regulatory developments and the impact on the Company’s policies and activities, including recommendations for actions to be taken

·        Prepare and present the necessary reports to the Board of Directors and Risk and Compliance Committee

·        Independently investigate and act on compliance issues, including the flexibility to design and coordinate internal investigations and any resulting corrective actions with all departments, service providers and, if appropriate, outsourced entities

·        Provide regulatory advice on new products/services to be offered

·        Ensure Senior Management (including Board members) are regularly assessed for fitness and propriety

·        Provide regulatory  training to staff

To be successful in this role, you will possess :

·        A solid  background in Banking and Finance or other relevant studies at National qualification Framework Level 6 or higher, certified by the Malta Qualifications Recognition Information Centre (MQRIC) or a widely recognised professional qualification at a comparable level

·        Strong working experience as Head of Compliance, with expertise in the European Electronic Money Regulations, Payment Services Regulations, and applicable laws and regulations both in Malta and UK

·        Strong communication and presentation skills particularly  a track record communicating with senior management, regulators and external advisers on complex organisational & regulatory issues

·        Experience in building working relationships with the MSFA, FCA and other financial services governing and law enforcement agencies.