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Head of Compliance & MLRO

  • Location


  • Sector:


  • Contract Type:


  • Salary:

    Executive Salary

  • Contact:

    Nikki Farrugia

  • Job Reference:


  • Published:

    5 months ago

  • Expiry:

    31 Jan 00:00

  • Client Details:


  • Consultant:

    Nikki Farrugia

A well established international crypto currency firm is seeking to employ a Head of Compliance & MLRO for its new Malta office. The Head of Compliance& MLRO will be reporting to the Board of Directors.

Job duties include:

  • Responsible for setting and meeting business goals and review of their results
  • Responsible for assignment of specific tasks to their teams and employees of the Company, as well as for their timely and qualitative performance
  • Responsible for the introduction, performance and adherence of internal procedures and policies at the Company, as well as for their compliance with requirements set by law
  • Conduct and monitor the Compliance program of the Company
  • Serves as liaison for MFSA and FIAU
  • Deploy and maintain industry leading customer due diligence and monitoring process;
  • Develop and govern internal policies and procedures as per the existing and upcoming regulatory requirements;
  • Provide a full rang of compliance/ AML related support services including advice, guidance mentoring of staff together with robust monitoring and subsequent reporting to the executive team
  • Receive and handle reports from internal and external sources of knowledge or suspicion of ML/FT or that a person may have been, is or may relate to ML/FT
  • Be responding promptly to any request for information made by competent authorities
  • Working with local regulators and keeping abreast of regulatory developments so that the Company ensures effective compliance and adapt quickly to change
  • Prepare and submit annual compliance report to FIAU
  • Oversee regulatory visits and external compliance audits
  • Assess financial crime risks

Skills and Qualifications required:

  • Higher education, which is suitable for the business development field of the Company; CAMS certification or equivalent
  • Proven management experience in Compliance, MLRO or Risk with minimum 3 years at Senior level
  • Sound knowledge of the applicable practices in Compliance, including but not limited to understanding of regulatory matters regarding MiFID II, AML, GDPR. Sound knowledge of local and European banking regulation ( incl Banking Rules and CRDIV )
  • Strong communication skills 

For more information please contact Nikki Farrugia on exec@castilleresources.com