Senior Associate - Quality Control

Financial Intelligence Analysis Unit View all jobs

  • Birkirkara, Malta Island
  • Permanent
  • Full-time
  • 20 days ago
​The Role​We're looking for a Senior Associate to join our Quality Control Team and help strengthen Malta's AML/CFT framework. In this role, you will assess the quality and consistency of supervisory work, ensuring that it meets the highest regulatory standards. You will contribute to enhancing supervisory methodologies and processes, identify areas for continuous improvement and support the implementation of key strategic initiatives of the FIAU.​Duties and Responsibilities​
  • Ensuring that the FIAU's internal policies, procedures, agreed working practices and standards are well documented, duly updated as may be required from time to time and effectively communicated to the Supervision Section and its agents.
  • Assisting with compiling and implementing an annual plan in relation to quality checks performed on supervisory work carried out by the Supervision Section and its agents, including report reviews and quality checks on AML/CFT compliance examinations carried out on subject persons and compliance examination reports issued to subject persons, and the follow-up and implementation of corrective action to address shortcomings identified from quality checks carried out.
  • Participate in Committees and contribute to discussions on the results of compliance examinations.
  • Providing internal training on supervision-related policies and procedures.
  • Coordinating with Managers within the Supervision Section to ensure that supervisory work details are duly recorded for statistical and information sharing purposes.
  • Liaising, coordinating, and cooperating with various Competent Authorities including the Malta Financial Services Authority/Malta Gaming Authority/Sanctions Monitoring Board/the National Coordinating Committee for the Prevention of Money Laundering and Funding of Terrorism/ Malta Police and others as may be required from time to time.Ensuring consistent coordination and cooperation with other local and foreign supervisory authorities including the coordination and planning of colleges and communication with the European Central Bank and the European Banking Authority on the respective portals.
  • Assisting the Quality Control Manager, Senior Manager, Head of Section, Director and Deputy Director with the FIAU's overall strategic direction of the Supervision Section to ensure the effective implementation of its supervisory functions.
  • Providing support during FIAU ad hoc projects such as, but not limited to, the National Risk Assessment, development of case management system.
  • Assisting in the compilation of questionnaires and assist in other task related to evaluations and assessments being undertaken by various local and international bodies such as the EU, Egmont, MONEYVAL, FATF, amongst others.
  • Representing the FIAU at international meetings, fora and workshops.
​Requirements​
  • Applicants should be highly proficient in the laws that govern the prevention of money laundering and financing of terrorism in Malta and the international standards and EU legislation
  • Excellent written and verbal communication skills in English;
  • Excellent analytical and report writing skills;
  • Experience in areas related to audit/ quality control/ quality assurance constitutes an asset.
​What We Offer​
  • Health insurance group cover
  • Life insurance group cover
  • Work from home
  • Sponsorship Training Scheme
  • Training & Study Leave
  • Family-friendly measures
  • Team Building Events
  • Free parking (first come first served

Financial Intelligence Analysis Unit