Senior AML Analyst

• Malta, Naxxar, office-based
•  circa €50k + benefits (neg)

Our client is an award-winning European payments and banking fintech, with a fast growing team & office in Malta, and customers all across the EU. 

About the Role:

Reporting to both the MLRO and the Compliance Officer, the Senior AML Analyst will be a key member of the Compliance/MLRO team. This team is responsible for overseeing regulatory compliance and managing AML/CFT matters within the company. Our role includes ensuring adherence to regulations, supporting regulatory and annual statutory audits, and carrying out AML/CFT-related tasks. Our work is crucial to the company’s long-term sustainability and growth.

Main Responsibilities:

• Manage the review and collection of data required for the business risk assessment and bring forward any recommendations to the risk matrix.

• Completion and submission of the annual Risk Evaluation Questionnaire, the Annual Compliance Report, review and monitor AML/CFT policies and procedures.

• Assist in the delivery of AML/CFT awareness training to staff members & keep abreast with upcoming AML/CFT & Regulatory Compliance legislation.

• Maintain and update the Compliance Monitoring Programme and raise any breaches to MLRO.

• Monitoring that the Company’s employees are adequately trained to become aware of the legal provisions concerning the prevention of money laundering and funding of terrorism.

• Monitor the effectiveness of AML systems and controls including snap checks on account level particularly IBAN accounts.

• Carry out snap checks and periodic checks on transaction monitoring alerts and analyse all alerts flagged to MLRO team.

• Act as a designated employee and receive internal suspicious reports and investigate. 

• As a designated employee, decide whether these internal suspicious reports should be reported externally to the relevant competent authorities and if appropriate, make such external reports.

• Assist in the preparation of regular MLRO reports to the board and other necessary reporting.

• Ensuring that any MLRO and designated employee regulatory action points are efficiently brought to the Board’s attention and that timely progress is made to address and resolve them.

• Attends and act as a point of contact with inspections carried out by MFSA and FIAU & assist during internal and external regulatory audits.

• Follow-up on remediation and liaise internally so that all action points are completed by the action owners.

• Performs such other duties, compatible with the role and as may be assigned by the MLRO or the Senior Management from time to time.

 About you:

• Minimum 3 years’ experience in AML/CFT (Fintech Industry/Payments/Banking) compliance-related laws and regulations.

• Knowledge of regulatory compliance framework for e-money institutions would be very useful, as is a willingness to learn and an aptitude for acquiring new competencies.

• Ability to work in a fast-paced environment as a key individual and point of reference for AML/CFT matters.

• Excellent communication skills, comfortable presenting at all levels internally in the organization on an individual or group basis, to customers and external stakeholders as required.

• Highly organized and able to work effectively under pressure being able to manage priorities, a team player with a proactive approach to work.