AML Officer

Overview

Responsibilities:

These duties, which relate to the post of the Employee and which, due to the dynamic nature of the company’s business, may evolve and change continuously, include but are not limited to:

• Performing Ongoing monitoring, Know Your Customer, Anti-Money Laundering, Fraud checks on existing clients. Be familiar with different business set up types (such as sole traders, partnerships, trust, limited liability companies, publicly traded companies) and knowledgeable about KYC requirements when it comes to verification and identification.
• Checking all actions carried out at onboarding and reevaluating, using tools such as Company Watch, Webshield, World Check and Salesforce
• Checking and Approving payments
• Liaising directly with internal teams, such as Fraud, Financial Risk, Underwriting, Legal, Operations, Payments, Sales, Treasury and Finance teams.
• Liaising directly with external teams, such as correspondence banks, card schemes (Visa/MasterCard), different service providers - company registers, World Check.
• Raising Suspicious Activity/Transactions to the MLRO where appropriate.
• Ensuring that data storage, whether electronic or physical, is in line with internal and regulatory requirements.
• Liaising with internal and external stakeholders to ensure appropriate records management systems, tools, and processes are in place.
• Ensure we are compliant with all third-party authorities which provide us licenses to carry out our business. These would include Visa, MasterCard and the MFSA.
• Ensuring the company acts in accordance with current EU and local AML legislation, namely the Financial Intelligence Analysis Unit's (FIAU) Implementing Procedures, PMLFTR and the PMLA.
• Escalate with the company’s governance structure, as appropriate, any identified GAPs, deficiencies, or requirements to ensure compliance with internal and regulatory requirements and policies.
• Ensuring that service-level agreements (SLA) are met.
• Assist in Transaction Monitoring activities and any other ad hoc tasks as assigned.

Requirements:            

• Have a minimum of 3 years’ experience in a similar role
• Applicants must be in possession of a related diploma or degree
• Possess excellent organizational and interpersonal communication skills.
• Have strong work ethic and attention to detail.
• Be highly organized, pro-active, and able to work on own initiative.
• Be a team player and able to meet strict deadlines.
• Be fluent in oral and written English.

We are an Equal Opportunity Employer and do not discriminate against any employee or applicant for employment because of race, color, sex, age, national origin, religion, sexual orientation, gender identity and/or expression, status as a veteran, and basis of disability or any other federal, state or local protected class.