21 days ago
Sparkasse Bank Malta plc
Dear Candidate, kindly note that this role is not managed by Castille. The Client is responsible to manage the application process.
Sparkasse Bank Malta plc is a licensed Credit Institution which provides Private Banking, Investment Services and Custody/Depository services.
Our team is formed of young, dynamic professionals who are part of an environment which promotes team spirit and rewards competence.
As a result of our continuous growth, a vacancy has arisen for an Anti-money Laundering Officer within our Risk Assessment & Oversight Division of our Anti-Money Laundering Department.
Main Duties and Responsibilities:
Analyse and synthesize data;
Draft monthly, quarterly, annual and ad hoc reports;
Monitor and ensure accuracy of data collection;
Support the implementation and improvement of monitoring and evaluation tools and framework;
Follow a reporting schedule to ensure the submission of reports to the competent authorities is correct and is carried out in a timely manner;
Review, conduct and finalise risk assessments of prospective Accounts for on-boarding;
Review of changes and reviews undertaken of existing Accounts;
Perform background searches on individuals/entities as and if required;
Formulate responses to Requests for information from the authorities;
Prepare periodic reports as and when required;
Identify issues and escalate matters (submit an internal suspicious transaction report), as need may be;
Follow up on any pending matter(s) from previous work undertaken;
Keep up-to-date with changes in AML-related law, regulations and standards;
Inputting and checking of data;
Perform on-going monitoring of select Account(s);
Compile statistics as need may be;
Communicate with competent authorities, verbally and in writing.
The above duties are not exhaustive and the selected employee might be assigned other duties which follow on his/her area of expertise.
Qualifications / Requirements:
University degree, diploma or certificate in banking and finance or relating to AML/CFT or any equivalent certification;
Knowledge of AML/CFT obligations, laws, regulations and directives;
Knowledge of the FIAU Implementing Procedures;
Knowledge of AML Software;
Knowledge of Integrated Systems;
Experience in AML reports.
Ability to research and analyze, with attention to detail;
Excellent command of English, both oral and written;
Capable of building productive relationships with colleagues;
A minimum of one (1) year of relevant experience.
Extensive training will be provided.
An attractive remuneration package is offered to the right candidate