Our well-established client within the fintech industry is seeking to recruit for an AML Manager.
Duties include:
support the implementation and continuous improvement of the AML Monitoring Programme.
Oversee daily AML monitoring activities, ensuring adherence to compliance policies and providing guidance and coaching to the team.
Stay updated on regulatory developments, including amendments to the Financial Institutions Act, subsidiary legislation, and directives issued by the MFSA, Central Bank, and Financial Intelligence Analysis Unit.
Act as a liaison with external regulatory bodies, enforcement agencies, and relevant counterparties as needed.
Prepare and submit Suspicious Transaction Reports (STRs) or equivalent filings as required.
Monitor and review financial transactions to identify and prevent fraudulent activities, payment anomalies, and suspicious patterns, while enhancing monitoring rules and controls.
Ensure compliance with the Customer Acceptance Policy and Transaction Monitoring Policy for both retail and corporate clients.
Stay informed on AML regulations, emerging fraud trends, and industry best practices, recommending improvements to systems and operational processes.
Provide training and ongoing support to the AML team, as well as key internal stakeholders.
track and report key performance indicators (KPIs), escalating issues to the Head of Department (HoD) and contributing to Board of Directors (BoD) reporting.
Assist with remediation projects
Contribute to risk assessments related to outsourcing arrangements and third-party ICT providers.
Support the implementation of the Digital Operational Resilience Act (DORA)
Requirements
Candidates must hold strong AML experience
Experience in leading a small team
Able to analyze situations for compliance, AML and business risk, and implement solutions to address and mitigate such risks
Experience within an AML role within the financial services is required
Excellent written and oral communication in English
