Analyst (Onsite Team)
The Financial Crime Compliance function strengthens the MFSA’s role in preventing money laundering, terrorism financing, and other financial crimes involving Authorised Persons. It supports the Authority’s authorisation and supervisory teams across all sectors and collaborates with the Financial Intelligence Analysis Unit, the Sanctions Monitoring Board, and other national and international stakeholders through various Memoranda of Understanding. The function is structured into three teams: onsite, offsite, and policy and risk. The onsite team conducts AML supervisory inspections as agents of the FIAU, the offsite team oversees licence holders to detect and mitigate risks, and the policy and risk team monitors legislative developments and supports their implementation within the function.
You will form part of the On-Site Supervision Team and your duties will include:
- Conducting onsite visits, including leading supervisory visits;
- Coordination with other supervisory functions;
- Coordination with subject persons;
- Carrying out pre-visit preparatory work;
- Analysis of documentation;
- Carrying out post-visit work – preparation of visit reports and findings letters;
- Attending meetings with subject persons as necessary;
- Attending FIAU meetings as necessary;
- Attending training/technical meetings;
- Compiling supervisory information for statistical purposes;
- Completing projects and working with the team as needed; and
- Other duties as may be assigned from time to time.
The role calls for an academic qualification in a relevant field of study at National Qualification Framework Level 6 or better, duly certified by the Malta Qualifications Recognition Information Centre (MQRIC) or a widely recognised professional qualification at a comparable level.
We are looking for candidates with solid academic background in financial services/ accountancy/law/risk or in another related background. A sound knowledge of anti-money laundering legislation and other financial services legislation and familiarity with the financial services regulatory framework would be considered as an asset.
You will also possess a minimum of three (3) years working experience in the area related to the role. Having experience working in the area of financial services ideally with experience in financial services compliance environment or in law, will be considered as an asset.
If you do not have the necessary academic or professional qualifications but you have at least seven (7) years of relevant experience, we would still be interested in speaking with you.
