Brand

Back to All Vacancies

MLRO

The Role

The MLRO is responsible for overseeing the Bank’s Anti-Money Laundering and Counter Financing of Terrorism (AML/CFT) framework in line with the PMLA, PMLFTR, and FIAU Implementing Procedures.  

Reporting directly to the CEO, the MLRO ensures that the Bank effectively identifies, manages, and mitigates financial crime risks. 

Key Responsibilities

As the MLRO, your main responsibilities will include: 

  • Maintain and oversee the Bank’s AML/CFT policies, controls, and risk-based approach. 
  • Act as the main point of contact with the FIAU and other authorities, including the submission of Suspicious Transaction Reports (STRs). 
  • Report to the Board, Audit & Risk Committee and CEO on AML/CFT risks, issues, and remedial actions.   
  • Approve high-risk and PEP relationships in line with the Bank’s risk appetite. 
  • Ensure effective monitoring of customer transactions and the escalation of suspicious activity. 
  • Lead, guide, and support the AML Officer to ensure consistent application of AML/CFT standards. 
  • Oversee the delivery of staff AML/CFT training and awareness programmes. 
  • Keep up to date with regulatory developments and ensure timely implementation of changes. 
  • Liaise with internal and external auditors and ensure closure of findings related to AML/CFT compliance. 

Requirements

  • Experience in AML, with at least 2 years in a senior or managerial role within banking or financial services. 
  • Relevant qualification in Compliance, AML/CFT, or a related field. 
  • Strong knowledge of AML/CFT legislation, the PMLA, PMLFTR, and FIAU Implementing Procedures. 
  • Excellent analytical, decision-making, and communication skills. 
  • High level of integrity, independence, and attention to detail. 
  • Fluency in English and Maltese. 

Benefits

This opportunity comes with an attractive remuneration package, wellbeing incentives and offers prospects for personal development. 

Our employees’ health and wellbeing are important to us. To support this, we offer private health insurance, as well as life and personal accident insurance. In addition, we offer an interest subsidy on home loans or a rental subsidy, and free parking.  

We recognise our employees’ potential and invest in their growth by providing training and development opportunities both internally and externally. Moreover, our employees can benefit from remote working arrangements.

Submit application