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.About the Role 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.
About You 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.Other Information The MFSA is an Equal Opportunities Employer as certified by the NCPE (National Commission for the Protection of Equality) and is committed to a policy of equal opportunity in all aspects of employment and will take care to avoid any form of discrimination in its recruitment procedures. The MFSA reserves the right to withdraw this call at any time and not to select any of the Candidates.It is the responsibility of applicants in possession of qualifications awarded by Universities and other similar institutions outside Malta to produce a recognition statement on comparability of qualifications issued by the Malta Qualifications Recognition Information Centre (MQRIC). Applicants should do so preferably at application stage or otherwise at the preliminary interview should an applicant be selected for such interview. Details can be obtained by accessing the National Commission for Further and Higher Education website on under MQRIC heading.The MFSA shall ensure that any processing of personal data is in accordance with Regulation (EU) 2016/679 (General Data Protection Regulation), the Data Protection Act (Chapter 586 of the Laws of Malta) and any other relevant European Union and national law. For further details, you may refer to the Data Protection Policy on the MFSA webpage .Candidates are to note that the submission of any false statement/s or omission, even if unintended, may lead to the cancellation of their application and may render the candidate's appointment liable to termination.Furthermore, please note that candidates may be asked to submit any documentation in support of the information provided, including but not limited to, proof of qualifications and Police Conduct Certificates.
