Compliance & Risk Officer

Bank of Valletta plc; Malta Township (OH); Presencial; USD 45.000 - 72.000; Jornada completa

Ventajas ofrecidas por este puesto de trabajo

Bank Holidays and extra vacation days

Free basic health insurance

Relocation assistance for expats

BOV Learning Academy training programs

Study leave for part-time studies

Staff home loan rates and other credit

VOPS pension scheme

Equal Opportunities employer status

Descripción de la vacante

Bank of Valletta plc is seeking a Chief Personal & Wealth Officer for the Compliance & Risk Management function. The role focuses on AML/CFT, regulatory compliance, and risk management activities under the MLRO and section leadership.

The position involves due diligence, transaction monitoring, investigations, and ongoing regulatory reporting. A strong understanding of financial crime prevention and related laws is essential for success in this role.

Formación

• Experience in Compliance, Risk Management, Anti-Financial Crime, or related area.

Responsabilidades

• Carry out client due diligence and ongoing monitoring per policies.
• Assist with transaction monitoring and analysis of suspicious activity.
• Support searches and investigations as guided by Management.
• Provide AML/CFT support services to clients as directed by MLRO.
• Assist with compliance oversight reviews and reporting findings to Section Lead.
• Support compliance deep-dives and snap-check reviews.
• Maintain up-to-date knowledge of AML/CFT laws, regulations and best practices.
• Assist with reporting and day-to-day duties for the section.

Conocimientos

AML/CFT

Risk management

Regulatory knowledge

Educación

MQF Level 6 Bachelor’s Degree

O Levels Grade 5/C or higher

Herramientas

Regulatory tools

Descripción del empleo

Function: Chief Personal & Wealth Officer

Section: Compliance & Risk Management

Reports to: Lead

Job Summary

Overall Purpose:

The job holder shall support the section in carrying out AML/CFT, compliance and risk management duties in relation to the Bank's activities, as directed by higher management. The Compliance & Risk Officer shall assist the MLRO in fulfilling AML/CFT obligations and implementing appropriate measures for the prevention of financial crime, providing compliance and AML/CFT support services to clients and supporting the general day-to-day administration and activities of the section.

Key Responsibilities

• Carrying out client due diligence, ongoing monitoring, due diligence reviews and risk assessments in line with the Bank's Policies and Procedures, whilst providing guidance on due diligence requirements and related updates.
• Assisting with transaction monitoring and analysing potential suspicious transactions and unusual customer activity using appropriate tools and techniques.
• Carrying out searches and assisting with investigations as guided by the Management of the section.
• Providing AML/CFT-related support services to clients under the direction of the MLRO, together with other services provided by the section.
• Assisting with compliance oversight reviews relating to customer due diligence, including conducting gap analyses, preparing findings reports and reporting findings to the Lead of the section.
• Assisting with compliance deep-dive and snap-check reviews on the activities of the Bank as directed by higher management of the section.
• Maintaining an up-to-date understanding of AML/CFT, regulatory and due diligence requirements, Policies and Procedures, industry best practices, criminal typologies and emerging trends, whilst providing guidance to other sections and supporting compliance with applicable laws, rules and regulations.
• Supporting higher management of the section with reporting, administrative and other day-to-day duties as required.

In addition to the specific functions, management may assign more duties as required for the job from time to time.

Required Criteria:

Previous proven work experience of one (1) year in Compliance, Risk Management, Anti-Financial Crime, Fund Administration, regulated environment or related area , and 4 O Levels at Grade 5 or C or better, including the English language.

OR

An MQF Level 6 Bachelor's Degree in Banking, Fund Administration, Financial Services, Financial crime or related field.

Candidates with lesser Years of Experience may be considered should they hold a higher, full and related Postgraduate Degree

Knowledge related to financial services and AML/CFT related laws and regulations.

Previous proven work experience in financial services and AML/CFT related laws and regulations.

In our process of shortlisting candidates for the vacancy, please note that preference may be given to candidates whose profiles best align with the duties and responsibilities of the role.

Applicants are required to satisfy the Bank’s minimum eligibility criteria of four (4) O’Levels at Grade 5/C or higher, including English Language, in addition to any role‑specific requirements outlined above. This requirement shall not apply where applicants are already in possession of an MQF Level 6 Degree or higher.

Here’s what’s in it for you:

• Bank Holidays and additional vacation leave days over and above the statutory entitlement
• Free basic health insurance
• Relocation assistance and packages for expats joining the bank
• Accredited training programs from our BOV Learning Academy
• Study leave when employees decide to further their studies on part time basis
• Staff home loan rates for your dream home and other credit facilities at reduced interest rates
• Voluntary Occupation Pension Scheme (VOPS)
• Guarantee of working with an Equal Opportunities Employer as certified by the NCPE
• A budget dedicated to your children’s summer school costs

The Bank ensures a fair, transparent, consistent and non-discriminatory treatment of employees on the basis of gender, gender identity, race, colour, ethnic, or social origin, genetic features, language, religion, or belief, political or any other opinion, membership of a national minority, property, birth, disability, age or sexual orientation.

At BOV Group, we prioritise integrity, ethical behaviour and a strong work ethic. These principles form the foundation of the Bank’s core values: sustainability, excellence, innovation, integrity, and inclusion. All employees are expected to adhere to the Code of Conduct & Ethics, which outlines the standards for professional and personal behaviour. Commitment to these principles is essential for maintaining the BOV Group’s reputation and ensuring a positive, productive work environment. All employees are also expected to demonstrate accountability, integrity, and sound judgement in the identification, monitoring, management, and mitigation of risks. Employees must act in accordance with the Bank’s Risk Appetite Framework and are aware of the requirements set out within the Risk Management Framework, ensuring that risk considerations are embedded in their day-to-day decision-making and activities.