Senior AML & Compliance Officer

Moneybase forms part of Calamatta Cuschieri Moneybase plc, a leading diversified financial services group that pioneered the Maltese financial services industry in 1971. We currently employ 200 people spread across 3 core business lines namely Fintech, Investment services and Fund administration. Calamatta Cuschieri Moneybase plc is considered to be an innovator in the areas it operates in. We believe in challenging the status quo and we aim for service excellence in everything we do.

The Senior AML & Compliance Officer will join Moneybase, a multi-award-winning finance platform that allows individuals and businesses to easily manage all their financial needs, from daily payments to and investments to treasury and wealth management we have you covered. The selected candidate will support the Head of AML and Compliance in ensuring that all corporate processes and procedures adhere to legal requirements and internal standards. This role involves assisting with daily tasks related to AML, regulatory compliance, and other duties as required by the Company.

‍

• Assist with the implementation of the Compliance & AML Monitoring Programme  

• Follow-up regulation and new amendments issued in relation to the Financial Institutions Act (including subsidiary legislation) and pertinent Directives by the MFSA, Central Bank and Financial Intelligence Analysis Unit;

• Liaise with external regulatory and enforcement agencies and counterparties as necessary;

• Submit Suspicious Transaction Reports (STRs) or equivalent as required;

• Investigating any compliance risks, screening and counterparty risks ensuring good governance;

• Assist with designing and drafting policies, procedures and any other required documentation (Terms of Reference, Terms and Conditions) thus ensuring all regulatory requirements are met;

• Maintain knowledge of all AML regulations, Fraud trends and best practices that may enhance operations and system rules;

• Monitor daily AML team tasks ensuring compliance with Customer Acceptance Policy (including retail and corporate clients) and Transaction Monitoring Policy;  

• Monitor and review financial transactions and activities in order to detect and prevent fraud, including payment irregularities, account discrepancies, and unusual patterns new rules and enhancements to the monitoring in place;

• Maintain knowledge of all AML regulations, Fraud trends and best practices and suggest enhancements operations and system rules;

• Report and escalate to the HoD KPIs and ongoing monitoring & assist with BoD Reporting;

• Assist on Remediation Projects and sampling of cases;

• Assist with the risk assessment of outsourcing arrangements and ICT third parties;

• Provide ongoing support with the implementation of the Digital Operation Resilience Act and relevant regulation.

‍