AML SPECIALIST

  • Saint Julian's, Malta Island
  • €35,000-50,000 per year
  • Permanent
  • Full-time
  • 6 days ago
  • FULL TIME
  • SAN GILJAN, MALTA
  • FULL DAY
  • 28 September 2025
  • Ref: 422655
Report to Chief Legal and Compliance and Managing Director
  • Oversight of the AML activities of the companies especially for RCI Life Ltd & RCI Insurance Ltd • Performance of due diligence on direct payments prior to claims payments being effected. • Collate and produce the AML relation Risk Evaluation Questionnaire for the FIAU • Collate and produce AML related reporting to all regulatory authorities where required (QLB, Annual Internal Control Report), KPIs, and regulatory monitoring • Monitoring of risk classification for Savings entities (tracking and analysis) • Responsible for the consolidation, harmonization and project management of AML/CFT frameworks across the Group’s Savings entities and key contact for related departments (internal control, compliance, audit) • Responsible for developing, implementing and documenting AML/CFT frameworks for the Savings entities • Follow-up and support for action plans resulting from local inspections or audits • Back-up for the AML/CFT analyst covering the corporate scope and savings scope • Analysis and handling of alerts for Savings activities in Malta (sanctions, PEPs, transaction monitoring) • Execution and streamlining of first-level AML/CFT and KYC controls for savings banks within the scope • Point of contact with the Malta Financial Security Authority (MFSA) and drafting of suspicious activity reports • Review of customer risk classification in coordination with the AML/CFT savings oversight officer • Project developments oversight (KYC updates, alert scenario analysis and enhancement, etc.)
ProfilesIf multiple Education and Language Profiles are defined, please note that you must fit at least one of them, but not necessarily all.PROFILE 1LanguageReadingSpeakingUnderstandingWritingENGLISHISCED Level: Master or equivalent - Level (7)Competencies
  • Calculate the middle and long-term profitability of insurance and saving products
  • Draw up income statement per product type (insurance product, financial products...) and per risk type
  • Make a periodical inventory of overall or partial contracts portfolio (savings products, insurance products)
  • Evaluate financial impact of an operation on short, middle and long-term corporate results
  • Update databases via input of new insurance or savings products
Past ExperienceOccupationExperience(months)CLERK, STATISTICAL, FINANCE AND INSURANCE24Driving LicencesNo Driving Licenses required for this vacancyApplyPlease be aware that you will be submitting the Application as and that your CV will be part of your application. For additional information, use the message box below.Message to employerYou must complete the account profile creation to be able to apply for a course.

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