Junior Supervision Associate
Financial Intelligence Analysis Unit
Basis: Full-Time
Closing Date: 15-Aug-2024
Job Ref: KMP-92336
Location: Birkirkara


Job Description
BasisFull-Time |
Apply by15-Aug-2024 |
LocationBirkirkara |
SalaryUndefined |
The Role
The FIAU is seeking to strengthen its Supervision Section through the recruitment of Junior Supervision Associates.
Responsibilities:
Requirements:
We Offer:
Jobsplus Permit: 499/2023
Financial Intelligence Analysis Unit - KMP-92336
The FIAU is seeking to strengthen its Supervision Section through the recruitment of Junior Supervision Associates.
Responsibilities:
- Assisting Senior Associates and Associates in planning and executing compliance examination in line with internal procedures to assess subject persons’ adherence to AML/CFT obligations and whether the control framework is adequate towards ensuring that ML/FT risks are adequately mitigated
- Assisting Senior Associates and Associates in analysing results of compliance examinations and preparing compliance examination reports on a timely basis to clearly document such results
- Participating in the Supervision Committee and Compliance Monitoring Committee and contributing in discussions on the results of compliance examinations,
- Liaising, coordinating, and cooperating with various Competent Authorities including the Malta Financial Services Authority / Malta Gaming Authority / Sanctions
- Monitoring Board / the National Coordination Committee for the Prevention of Money Laundering and Funding of Terrorism / the Malta Police Force and others as may be required from time to time
- Contribute to advising and assisting subject persons to establish appropriate AML/CFT internal structures and controls
- Assisting the Risk team in the carrying out of risk assessments, execution of risk verification procedures and provision of feedback on the outcome of compliance examination as well as the Remediation team in following up on the results of compliance examinations
- Participating in training provided to subject persons, supervision officers or other supervisory authorities
- Assisting in other tasks related to evaluations and assessments being undertaken by various local and international bodies such as the EU, the Egmont Group, MONEYVAL, FATF, etc.
- Carrying out any other job-related duties as may be assigned by the Director, Deputy Director, Head, Senior Manager and Manager, from time to time
Requirements:
- MQF Level 5 qualification in Financial Services, Audit, Banking, Law, Accounting, Economics or in any other subject relevant to this position and at least 2 years work experience relevant to this position; or
- MQF Level 4 qualification in Financial Services, Audit, Banking, Law, Accounting, Economics or in any other subject relevant to this position and at least 3 years work experience relevant to this position
- Applicants should be knowledgeable of the laws that govern the prevention of money laundering and financing of terrorism in Malta and the applicable international standards and EU legislation
- Knowledge and / or experience in carrying out AML/CFT related checks, report writing or audit engagements and familiarity with the sector/s in which subject persons operate, such as the TCSP sector, the financial services sector, the banking sector, gaming sector etc. will be considered as an asset
- Outstanding written and verbal communication skills in English
- Proficiency in the use of Microsoft Office and office automation tools
- A clean criminal record
- Preference may be given to applicants who occupied a compliance position for a ‘subject person’ as defined by the Prevention of Money Laundering and Funding of Terrorism Regulation
We Offer:
- A dynamic working environment
- Excellent career prospects
- An attractive remuneration package
- Health and life insurance
- Team building events
Jobsplus Permit: 499/2023
Financial Intelligence Analysis Unit - KMP-92336