Compliance & AML Manager

Moneybase is 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 got you covered.

Moneybase forms part of Calamatta Cuschieri Moneybase Plc a leading diversified financial services group that founded 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.

Duties & Responsibilities:

• Assist with the implementation of the Compliance & AML Monitoring Programme 
• Ensure day to day monitoring of Compliance and AML duties and team coaching;
• 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;
• Provide regular training and guidance to the team and other key personnel and stakeholders;
• 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 regulations

Knowledge, Experience & Education Requirements:

• Ideally in possession of a Compliance/ Legal related qualification;
• Ideally in possession of a Degree in the field of Compliance, Banking & Finance or any other University Degree with pertinent qualification;

Skills Requirements:

• Excellent written (ability to write reports) and oral skills in English
• Able to analyze situations for compliance, AML and business risk, and implement solutions to address and mitigate such risks
• Possess a high moral character and professional integrity
• Being able to work well within the team, take initiative when required and escalate to management
• Meticulous attention to detail and accuracy

Remuneration

“The enduring goal of Calamatta Cuschieri Moneybase Plc is that the composition of our workforce should reflect that of the communities in which we work.”