Compliance Executive

Key Responsibilities

• Client Due Diligence: Obtain, examine and update identification records and supporting information, ensuring that each client file meets applicable legal requirements and the Business’s internal standards.
• Risk Classification: Complete initial and recurring risk evaluations to determine the appropriate classification and level of scrutiny for each relationship.
• Higher-Risk Cases: Undertake enhanced checks where elevated risk factors are identified, applying the relevant Maltese AML/CFT rules and guidance issued by the competent authorities.
• Client Acceptance: Assess prospective relationships against the Company’s approval parameters, established risk tolerance and internal governance arrangements.
• Ongoing Oversight: Monitor existing relationships and periodically verify that client information, supporting evidence and assigned risk levels remain complete and current.
• Compliance Screening: Perform or validate checks relating to sanctions, politically exposed persons and negative publicity, investigating potential matches and documenting reasoned conclusions and recommendations.
• Periodic Reassessment: Revisit client profiles at the required intervals in accordance with the Business’s quality assurance and risk-control processes.
• Internal Coordination: Work with colleagues across different departments to gather information, clarify compliance requirements and encourage consistent application of AML/CFT measures.
• Records Administration: Keep both digital and hard-copy compliance documentation accurate, orderly and readily available for review.
• Regulatory Obligations: Contribute to relevant statutory compliance activities and help ensure that internal practices remain consistent with external requirements.
• Audit Assistance: Support internal audit exercises by organising evidence, maintaining relevant records and assisting with follow-up actions.
• Policies and Controls: Participate in drafting, introducing and regularly evaluating financial crime prevention procedures, control measures and operational guidance.
• Team Support: Guide less-experienced members of the compliance function and contribute to their technical development and quality of work.
• Staff Awareness: Assist with AML/CFT learning sessions and initiatives that reinforce responsible conduct throughout the organisation.
• Suspicious Activity Escalation: Recognise unusual behaviour or transactions and promptly refer material concerns to the Money Laundering Reporting Officer.
• Legal and Regulatory Alignment: Keep abreast of Maltese and European AML/CFT obligations, together with applicable international restrictive-measures frameworks.
• Compliance Projects: Contribute to departmental reports, special assignments and other regulatory work as business needs arise.

Qualifications, Skills and Attributes

• Education and Training: Introductory certification or recognised training in AML/CFT would be advantageous, together with evidence of continued learning in compliance-related areas.
• Experience: A minimum of two to three years’ relevant experience in AML/CFT is required. Previous exposure to a corporate services provider or another supervised business would be beneficial.
• Regulatory Knowledge: A sound understanding of financial services requirements is expected, particularly those governing corporate service providers in Malta, company and trust legislation, customer verification and financial crime prevention.
• Language Skills: Excellent command of English is required to succeed in this role. The ability to communicate in Maltese would be an asset.
• Communication Skills: Strong written and verbal abilities are essential for explaining requirements, recording conclusions and preparing clear risk-related recommendations.
• Interpersonal Skills: The successful candidate should cooperate effectively with colleagues at different levels while providing constructive compliance guidance.
• Technical Skills: Confidence in conducting due diligence and AML-related work is required, along with proficiency in Microsoft Excel, Word and Outlook.
• Organisation: The ability to prioritise a varied workload, maintain thorough records and complete assignments within agreed timescales is essential.
• Self-Motivated: The role calls for a responsible and proactive professional who can operate with minimal oversight and exercise sound independent judgement.
• Problem-Solving: Strong analytical ability is needed to understand regulatory provisions, evaluate risk indicators and translate legal expectations into practical business decisions.
• Teamwork: Candidates should be comfortable making considered decisions autonomously while remaining active contributors within a collaborative compliance team.

What's on Offer

• Compensation: A competitive remuneration package complemented by a performance-related bonus.
• Working Hours: Flexible working arrangements, including hybrid working and reduced summer hours.
• Health and Wellbeing: Health insurance and access to employee wellness initiatives.
• Professional Development: Training opportunities and paid study leave to support continued learning and professional qualifications.
• Additional Benefits: Employee discounts and a mobile phone allowance.
• Career Development: Clear opportunities for professional growth and advancement within a dynamic and expanding company.