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Anti-Money Laundering Officer (Full time/Indefinite)

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  • Published:

    21 days ago

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  • Client Details:

    Sparkasse Bank Malta plc

  • Skills tags:

    Anti Money Laundering

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