Senior Compliance Executive

Job Description

Company Introduction

Job Responsibilities and Duties

• Collect, review, and maintain client due diligence documentation, ensuring compliance with regulatory requirements and internal onboarding procedures;
• Carry out client risk assessments during the onboarding process and perform ongoing risk reviews throughout the client lifecycle;
• Conduct Enhanced Due Diligence (EDD) on higher-risk clients and scenarios in accordance with the Prevention of Money Laundering and Funding of Terrorism Regulations (PMLFTR) and FIAU Implementing Procedures;
• Apply internal client acceptance procedures in line with the organisation's risk management framework and risk appetite;
• Perform ongoing monitoring of client relationships, ensuring client profiles, risk ratings, and supporting documentation remain accurate and up to date;
• Conduct and review sanctions, Politically Exposed Person (PEP), and adverse media screenings, analysing results and preparing risk-based assessments and recommendations;
• Carry out periodic client reviews in accordance with internal quality and risk management policies;
• Liaise with internal departments to obtain information, provide guidance, and ensure adherence to AML/CFT procedures;
• Maintain accurate client records across physical files and electronic systems;
• Support statutory compliance obligations where applicable, ensuring compliance with regulatory and internal requirements;
• Assist with internal audit processes, documentation, and compliance procedures;
• Support the development, implementation, and review of AML/CFT policies, procedures, and internal controls;
• Provide guidance and support to junior members of the Compliance team;
• Assist in the delivery of AML/CFT training and promote a strong compliance culture throughout the organisation;
• Identify and escalate suspicious activities to the Money Laundering Reporting Officer (MLRO);
• Ensure compliance with applicable Maltese and EU AML/CFT legislation, regulatory requirements, and sanctions regimes;
• Support compliance projects, reporting requirements, and other departmental initiatives as required.

Experience

• Minimum of 2–3 years' experience within an AML/CFT Compliance role;
• Previous experience within a Corporate Service Provider (CSP) or another regulated environment will be considered an asset;
• Entry-level AML qualification or evidence of AML/CFT training will be considered an asset;
• Good knowledge of the financial services regulatory framework, Maltese corporate services legislation, company and trust law, and AML/CFT regulations;
• Good understanding of customer due diligence and AML procedures;
• Proficiency in Microsoft Excel, Word, and Outlook;
• Excellent written and verbal communication skills in English.

Personal Skills

• Strong risk assessment and problem-solving abilities;
• Ability to interpret and apply regulatory requirements within a business environment;
• Strong organisational and time management skills with the ability to manage multiple tasks and meet deadlines;
• Ability to work independently with minimal supervision while exercising sound judgement;
• Strong teamwork and collaboration skills;
• High attention to detail and commitment to maintaining accuracy and compliance.