Job Description
Company Introduction
Our client is a leading company in financial services.Job Responsibilities and Duties
- Ensure compliance with MFSA regulations at all times;
- Ensure compliance with Data Protection Act and associated EU directives;
- Maintain effective relationships with the MFSA and other governmental bodies/agencies;
- Handle any request or inquiry in an open and cooperative manner
- Identify key regulatory, conduct and operational risks and implementing mitigants;
- Develop and implement an appropriate compliance strategy;
- Develop appropriate client on-boarding/KYC policies, procedures and systems;
- Advise, assist, monitor and assess compliance with non-financial regulatory obligations;
- Monitor and assess the effectiveness of systems and controls, in line with regulatory requirements and ‘best practices’;
- Identify and implement plans for the remediation of weaknesses and deficiencies;
- Governance Structure, ensuring that governance and Management responsibilities are clearly identified and updated accordingly;
- Provide regulatory advice across the different business lines;
- Ensure compliance responsibilities are taken seriously, and a compliant culture is embedded within all levels of the business;
- Ultimate responsibility for ensuring complaint handling procedure are compliant with regulatory requirements;
- Acts as an independent review and evaluation body to ensure that compliance Issues/concerns within the organisation are being appropriately evaluated, investigated and resolved;
- Prevention of regulatory fines and penalties;
- Provide regulatory advice covering the operations of the firm and pragmatic advice to the business related to AML requirements;
- Advise senior management team and all employees where necessary of emerging compliance issues, implementation and operation of compliance programs;
- Give full support and guidance to line managers on all MFSA matters;
- Responsible for developing and implementing a risk-based compliance monitoring programme, identifying, assessing, monitoring and reporting all material compliance and AML/CTF risks;
- Responsible for the development and implementation compliance and AML/CTF policies and procedures, ensuring regulatory and legislative requirements are met;
- Filing of appropriate compliance reports with MFSA and other regulatory bodies by due dates;
- Preparation of management reports regarding compliance operations for senior management and the board e.g., annual MLRO Report;
- Responsible for day-to-day management of employee training on compliance matters, including internal policies and procedures, the application of standards and guidelines, and relevant laws and regulatory requirements, promoting and enhancing a strong compliance culture.
Experience
- Fluent in written and spoken English;
- Previous experience in a similar role is a must;
- Preferably candidates should already be PQ’d by the MFSA;
- Mifid2 and MFSA rules knowledge and experience.
Personal Skills
- CFD business experience
- Attentive to detail;
- Can work under pressure.
Recruitment Team Leader
Sectors Finance, Legal & Compliance, Risk & Fraud