Local CCO (Branch) & MLRO

Mrieħel, Malta Island
Permanent
Full-time

2 months ago

European Depositary Bank SA ("EDB") is part of the Apex Group. As an independent provider free from institutional influences we can deliver an agile and responsive cross-jurisdictional service in an ever-changing regulatory environment.Our powerful global infrastructure and breadth of technical experience enables us to provide market leading solutions tailored to benefit our clients.Our vision is to be the leading provider of Banking, Depositary and Custody services to Asset Managers, Family Offices, Institutional Investors and Corporates.Our company was founded in 1973 in Luxembourg. As a wholly owned subsidiary of Hamburg-based private bank M.M.Warburg & CO (AG & CO) KGaA, we made it possible for institutional investors to directly access the Luxembourg financial market. This makes us one of the most experienced depositaries for traditional and alternative investment structures in the Grand Duchy. In 2017 the bank was acquired by the Apex Group and renamed to the European Depositary Bank (EDB) in 2019.We currently hold fund and securitisation structures with a total value of $260 billion. This is mainly allocated to alternative investments, including real estate, private equity, private debt and renewable energies & infrastructure (as of March 31, 2024).For the avoidance of doubt we do not deal with retail clients. We neither offer any securities (bonds, shares, notes etc.) nor do we act on behalf of any other financial institution to offer such securities to any clients.Compliance & MLRO OfficerRole Location: MaltaDepartment: Compliance, Financial Crime & Data ProtectionEmployment Type: Full-timeThe Apex Group was established in Bermuda in 2003 and is now one of the world’s largest fund administration and middle office solutions providers.Our business is unique in its ability to reach globally, service locally and provide cross-jurisdictional services. With our clients at the heart of everything we do, our hard-working team has successfully delivered on an unprecedented growth and transformation journey, and we are now represented by over circa 13,000 employees across 112 offices worldwide.Your career with us should reflect your energy and passion.That’s why, at Apex Group, we will do more than simply ‘empower’ you. We will work to supercharge your unique skills and experience.Take the lead and we’ll give you the support you need to be at the top of your game. And we offer you the freedom to be a positive disrupter and turn big ideas into bold, industry-changing realities.For our business, for clients, and for youResponsibilities

Informing and advising the EDB Malta Branch and the employees of their compliance
obligations.
Monitoring and oversight of the compliance and AML risks the Branch is exposed to and assessing their significance as well as the possible consequences.
Monitoring and oversight Branch's compliance with its obligations and the related policies.
Reporting to the MFSA or FIAU, the authorised management, and the relevant committees of the Branch as well as to Apex Group regarding obligations.
Answering questions from staff related to financial crime topics.
Acting as approving review in the on-boarding and periodic review of higher risk clients, and in the Branch's business & product acceptance committee (LCAC).
Acting as escalation point for the 1st line of defence for any suspicious client behaviour or transactions
Acting as escalation point for the 1st line of defence for any true or near matches in the AML/CTF/Sanctions name screening and filing suspicious activity and transaction reports to the FIAU

Requirements

Master's degree and relevant professional training
5-10 years of relevant experience in a similar position
Very good knowledge of the organisation products / services
Good knowledge of concepts, principles and methodology related to the professional occupation
Communicational, organisational, and people-management skills; is a team player
Is proficient in English and local language

What you will get in return:

A high level of visibility within a large organisation on an upwards trajectory
The ability to define a function of the Apex Business in State of Qatar
Be part of a dynamic and fast-paced team that makes a genuine impact on revenue and sales pipeline.
Opportunity to work with a diverse, agile and global product line.
The opportunity to innovate, improve process and really make a difference.

Additional information:We are an equal opportunity employer and ensure that no applicant is subject to less favourable treatment on the grounds of gender, gender identity, marital status, race, colour, nationality, ethnicity, age, sexual orientation, socio-economic, responsibilities for dependants, physical or mental disability. Any hiring decision are made based on skills, qualifications and experiences.We measure our success as a business, not only by delivering great products and services and continually increasing our assets under administration and market share, but also by how we positively impact people, society and the planet.For more information on our commitment to Corporate Social Responsibility (CSR) please visitDisclaimer: Unsolicited CVs sent to Apex (Talent Acquisition Team or Hiring Managers) by recruitment agencies will not be accepted for this position. Apex operates a direct sourcing model and where agency assistance is required, the Talent Acquisition team will engage directly with our exclusive recruitment partners.As a vital team member and in return for your expertise, inclusive approach and commitment, we'll provide a favourable salary and the chance to join a passionate and welcoming team. Benefits As a truly global business, we tailor benefits to each location to safeguard our people and respect local cultures and ways of working. Our people are our greatest asset, and we invest in talent development. Join our global network, and you will benefit from education support, sponsorship and in-house training programs.Disclaimer: Unsolicited CVs sent to Apex (Talent Acquisition Team or Hiring Managers) by recruitment agencies will not be accepted for this position. Apex operates a direct sourcing model and where agency assistance is required, the Talent Acquisition team will engage directly with our exclusive recruitment partners.

Apex Group

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