Compliance Officer / Senior Compliance Officer (*Resident in Malta or Hold an EU Passport)

Compliance Officer / Senior Compliance Officer (*Currently Resident in Malta or Hold an EU Passport)

Overview:

To Assist the Head of Compliance to ensure that the Bank is Fully Compliant with all Applicable Regulations. You will play a vital role in ensuring that our Operations adhere to Regulatory Requirements and Industry Standards. You will work closely with the Regulatory Compliance Team and Business, assisting in the implementation of the Licensing and Compliance Roadmap. This role offers an excellent opportunity for professional growth and the chance to develop a strong foundation in the Compliance Field within the Finance and Banking Industry.

Responsibilities:

• Support the Bank in meeting its Compliance obligations under Applicable Laws, Regulations, Regulatory Rules and Guidance, including relevant Maltese and European Banking requirements.
• Monitor and Assess Regulatory Developments and support the implementation of necessary changes across the Bank.
• Maintain and enhance the Bank’s Compliance Framework, including the Compliance Monitoring Plan, Policies, Procedures and Associated Controls.
• Perform Compliance Monitoring, Testing and Thematic Reviews, Analyse results, identify deficiencies and recommend appropriate remedial actions.
• Track identified compliance issues and agreed remedial actions to ensure they are appropriately addressed within agreed timelines.
• Review and challenge business processes, products, policies and procedures from a compliance perspective and provide practical guidance to relevant stakeholders.
• Identify emerging compliance risks and escalate material concerns and potential breaches to the Compliance Manager.
• Develop and implement new Compliance Monitoring Tests and Reviews in response to changes in Regulation, Risk Assessments and the Bank’s activities.
• Contribute to Regulatory Reporting, Regulatory requests and Supervisory engagements, as required.
• Support the delivery of Compliance Training and awareness initiatives and promote a strong compliance culture across the organisation.
• Prepare clear input for compliance reports, findings and recommendations for management and relevant governance committees, where required.
• Work closely with other control functions and business areas to ensure that compliance risks are understood and appropriately managed.
• Support the compliance function on key regulatory initiatives, remediation programmes and ad-hoc projects, taking ownership of assigned workstreams where appropriate.

Skills & Experience:

• Degree or equivalent qualification in Law, Banking, Finance, Economics, Risk, Compliance or a related discipline from a recognised institution.
• Minimum 3 years’ relevant experience in Compliance, Regulatory Affairs, Risk or a related control function, preferably within Banking or Financial Services.
• Good working knowledge of Maltese and European Banking and Financial Services Legislation, Regulatory Requirements and Supervisory Expectations.
• Experience in Compliance Monitoring, Regulatory Change, Control Testing and/or Compliance Risk Assessment would be considered an advantage.
• Ability to interpret Regulatory Requirements and translate them into practical business actions and controls.
• Strong analytical skills with the ability to identify issues, assess their significance and formulate practical recommendations.
• Confidence in constructively challenging business stakeholders and escalating matters where appropriate.
• Strong organisational skills with the ability to manage multiple priorities and deliver work within agreed timelines.
• Meticulous approach with strong attention to detail and a high standard of professional judgement.
• Strong written and verbal communication skills in English, including the ability to prepare clear reports and communicate regulatory matters to different audiences.
• Proficiency in Microsoft Office applications, particularly Excel, Word and PowerPoint.
• Ability to work both independently and collaboratively within a regulated environment.

Excellent Salary + Bonus + Benefits 

We Are Keen to Meet You! Please Apply!

*Please Include Your CV in Your Application