Main Duties of the role:
 
  • Handling of the Bank’s Transaction Monitoring System  – checking and looking into:
  • Sanctions / Embargo alerts; and
  • Other alerts triggered by the system.
  • Post transaction monitoring on specific payments, as alerted by the system and other trigger events;
  • Have a thorough understanding of the customer’s business and understand the relationship with related parties in order to monitor account activities and identify suspicious or unusual activities or transactions;
  • Identify and verify the Source of Funds;
  • Review of systematic alerts generated from the AML/CFT transaction monitoring system and to understand and determine if transactions are in line with the customers’ profile;
  • Identify transactions and activities that are not in line with the customer’s profile or the Bank’s Risk Appetite and raise internal unusual activity reports;
  • Record Keeping of monitored transactions;
  • Customer transaction analysis reports and summaries on request;
  • Handling of  Correspondent Bank queries;
  • Understand the Bank’s AML / CFT Policies and Procedures;
  • Identify and define opportunities for process improvements;
  • Be proactive in suggesting improvements and drafting processes and procedures for the Team;
  • Assist the Department Head and colleagues with various projects.
 
Qualifications/Requirements:
 
  • Bachelor’s Degree in Banking and Finance, Law, Business Administration or a relevant qualification;
  • Knowledge of AML/CFT Maltese and EU Legislation is a must;
  • Certificates or diploma in AML/CFT is considered a strong asset;
  • Experience in a similar role within a Bank, Financial Institution or a Corporate Service Provider will be considered an asset, though not compulsory;
  • Good IT knowledge;
  • Excellent verbal and written English;
  • Good communication skills;
  • Strong work ethic, good judgment, initiative and attention to detail;
  • Hands on with can do attitude;
  • Proactive, focused and able to plan and consistently meet deadlines;
  • Be able to work in a team and willing to learn new skills.

Extensive training will be provided.
An attractive remuneration package will be offered to the right candidate.
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