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Analyst (Onsite Supervision) within Financial Crime Compliance - MFSA

​Financial Crime Compliance is a dedicated AML/CFT Supervisory Function established to strengthen the MFSA's role in preventing the use and involvement of Licence Holders in money laundering and financing of terrorism. The function is split into two focused teams; Onsite & Offsite. The Onsite Team operates alongside the FIAU in conducting AML related supervisory inspections on Licence Holders. The Offsite and Risk Analysis Team is dedicated to mitigating and detecting risks through constantly monitoring authorised persons.

The Role

The Analyst (Onsite Supervision) will form part of a supervisory team of analysts. The duties of the Analyst shall primarily consist in the supervision of AML/CFT compliance by MFSA financial services license holders which are considered as Subject Persons. The main purpose is to monitor the level of compliance with the applicable AML/CFT law, regulations and FIAU Implementing Procedures. The duties and responsibilities of the Analyst shall include:

  • Conducting onsite visits, including leading supervisory visits

  • Coordination with other supervisory functions

  • Coordination with subject persons

  • Carrying out pre-visit preparatory work

  • Analysis of documentation

  • Carrying out post-visit work – preparation of visit reports and findings letters

  • Attending meetings with subject persons as necessary

  • Attending FIAU Compliance Monitoring Committee meetings

  • Attending training / technical meetings

  • Compiling supervisory information for statistical purposes

  • Other duties as may be assigned from time to time.

About You

We are looking for candidates with a solid academic background in financial services/accountancy/ law/risk or in another related background. A sound knowledge of anti-money laundering legislation and other financial services legislation and familiarity with the financial services regulatory framework would be considered as an asset.

The role calls for an academic qualification in a relevant field of study at National Qualification Framework Level 6 or better, duly certified by the Malta Qualifications Recognition Information Centre (MQRIC) or a widely recognised professional qualification at a comparable level.

You will also possess a minimum of three (3) years working in the area of financial services ideally with experience in financial services compliance environment or in law. Candidates with longer working experience relevant to the role will be preferred.

If you do not have the necessary academic or professional qualifications but you have at least seven (7) years within a compliance or an investigative and/or analytical environment, we would still be interested in speaking with you.