Anthony Murphy
Job Ref
  • Join our Client's team in Malta on a full-time basis
  • At least 3 years of relevant experience required
  • Clear path for career progression
The Money Laundering Reporting Officer will join our Client's team in Malta on a full-time basis and will be responsible for:
  • Ensuring that the Company achieves and maintains compliance with all current and future regulatory requirements in relation to AML/CFT. Also ensuring that the Company and its employees are kept aware of their regulatory obligations within their area of responsibility and changes thereof;
  • Carrying out business risk assessments, in line with the Company's Policies and Procedures, measuring the threats and vulnerabilities of the Company's operations to money laundering and funding of terrorism;
  • The EDD process, monitoring of transactions, managing of alerts related to AML/CFT;
  • Developing, assessing and updating AML/CFT systems, controls, policies and procedures;
  • Monitoring the effectiveness of AML/CFT policies and procedures;
  • Ensuring that the Board of Directors and senior management have a sufficient level of information to manage ML/TF risk effectively;
  • Preparation of the annual MLRO report to the Board of Directors - a high-level summary of systems and controls to combat ML/TF with recommendations on how they can be improved. Preparation of other reports when necessary;
  • Investigating and analysing internal suspicious activity reports from the staff and shall be considering such reports to determine whether a suspicious transaction report is to be submitted to the FIAU/NCA and/or authorities concerned. The MLRO shall be reporting any suspicious activity to the relevant authority;
  • Being the point of contact with the regulators on issues relating to money laundering and funding of terrorism within the Company. The MLRO shall be responding promptly to any request for information made by authorities in a relation to AML/CFT. The MLRO shall also be preparing and dealing with regulatory visits and inspections such as an audit;
  • Records (related to AML/CFT) keeping;
  • Overseeing the day to day management of the Company’s Risk, Fraud and Payment department (RFP);
  • Initial and regular AML/CFT and RFP training for employees
  • Managing the Company’s response to any incidence of serious fraud including:
    - Leading the internal investigation of the case        
    - Contacting, then liaising with, the relevant third parties   
    - Managing all further steps thereafter         
    - Conducting any follow-up work as required;
  • Liaising with the senior management and regulatory compliance staff on all strategy and planning aspects for the AML and RFP department;
  • Ensuring policies are implemented across the relevant sections of the RFP department quickly and effectively.
Skills and Qualifications required:
  • An approved person by MGA, UKGC or any other regulatory authority, as deemed necessary;
  • Must have the necessary knowledge of AML regulations, as well as to understand how to apply it;
  • At least 3 years of relevant experience, preferably in the iGaming sector on managerial position is a necessity;
  • Good grasp of English (written and spoken);
  • Ability to work extended working hours when necessary;
  • Excellent communication and analytical skills;
  • Good organisational skills with attention to the detail;
  • Ability to work closely with other departments;
  • Ability to travel when necessary;
  • Good knowledge of Microsoft Office package;
  • Understanding of related legislation and regulations including MGA and UKGC.
Apply now Subscribe to job alerts
Anthony Murphy
Senior Consultant
Share this job

Back to search results

Back to search