About the Department 

Financial Crime Compliance is a dedicated AML/CFT Supervisory Function established to strengthen the MFSA’s role in preventing the use and involvement of Licence Holders in money laundering and financing of terrorism. The function is split into two focused teams; Onsite & Offsite. The Onsite Team operates alongside the FIAU in conducting AML related supervisory inspections on Licence Holders. The Offsite and Risk Analysis Team is dedicated to mitigating and detecting risks through constantly monitoring authorised persons. 

About the Role

The Senior Manager (Advisory) will form part of the Offsite and Risk Analysis Team. The duties and responsibilities of the Senior Manager (Advisory) shall include:

• Assisting Head and Deputy Heads of function;

• Take the lead role in projects falling under the remit of the offsite and risk-analysis team;

• Acting as a reference point in providing interpretation to all applicable legislation, regulation, best-practices and guidance principles, among others to Financial Crime Compliance staff members and the wider MFSA with regards to AML/CFT, Sanctions and Financial Crime in general;

• Take the lead role in supervisory interactions, including involvement in inspections, including interviewing key officials, analyse data and related documentation;

• Take the lead role in interviews with proposed and incumbent Money Laundering Reporting Officers (MLROs) and the reviews of feedback obtained from such interviews;

• Take the lead role in exit meetings with outgoing MLROs and the reviews of feedback obtained from such exit meetings;

• Coordinate and report on thematic reviews;

• Coordinate all the work in relation to the National AML/CFT/CPF/TFS Strategy including coordination of attendees and feedback obtained from other functions

• Acting as FCC’s contact-point with the European Banking Authority in relation to the MFSA’s submission on the EuReCa database;

• Provide the necessary guidance related to internal requests for information by various functions and external requests by the FIAU, the Police and Asset Recovery Bureau;

• Prepare MEMOs for and deliver presentations to Executive Committee and Regulatory Committee;

• Draft policies and procedures in relation to FCC;

• Coordinate with other supervisory functions

• Communicate and handling meetings as necessary with Applicants, Licenced Entities and respective representatives;

• Participate in internal and external working groups;

• Representing the MFSA externally both on a national and international level;

• Attending technical meetings with other authorities;

• Prepare and deliver training programmes for supervisory functions and Licence Holders

• Collect and analyse data from Licence Holders, MFSA Supervisory Functions, FIAU and other local and international Authorities to be used for supervisory purposes;

• Provide the necessary support in drafting of circulars, policy papers and other guidance documents that can be utilised both internally and also externally by the industry;

• Mentor and be a reference point to other members of the team;

• Other duties as may be assigned from time to time.

About You

We are looking for candidates with a solid academic background in financial services/accountancy/ law/risk or in another related background. A sound knowledge of anti-money laundering legislation and other financial services legislation and familiarity with the financial services regulatory framework would be considered as an asset. 

The role calls for an academic qualification in a relevant field of study at National Qualification Framework Level 6 or better, duly certified by the Malta Qualifications Recognition Information Centre (MQRIC) or a widely recognised professional qualification at a comparable level. 

You will also possess a minimum of eight (8) years work experience in the area of financial services. Candidates with longer working experience relevant to the role will be preferred. If you do not have the necessary academic or professional qualifications but you have at least fifteen (15) years of relevant experience, we would still be interested in speaking with you. 

Candidates will also be required to demonstrate in depth knowledge of regulatory requirements applicable to the financial sector, with a proven level of managerial skills and the personality required to supervise and manage staff, as well as proven ability to delegate tasks. 

Other Information

The MFSA is an Equal Opportunities Employer as certified by the NCPE (National Commission for the Protection of Equality) and is committed to a policy of equal opportunity in all aspects of employment and will take care to avoid any form of discrimination in its recruitment procedures. The MFSA reserves the right to withdraw this call at any time and not to select any of the Candidates. 

It is the responsibility of applicants in possession of qualifications awarded by Universities and other similar institutions outside Malta to produce a recognition statement on comparability of qualifications issued by the Malta Qualifications Recognition Information Centre (MQRIC). Applicants should do so preferably at application stage or otherwise at the preliminary interview should an applicant be selected for such interview. Details can be obtained by accessing the National Commission for Further and Higher Education website on www.ncfhe.gov.mt under MQRIC heading. 

The MFSA shall ensure that any processing of personal data is in accordance with Regulation (EU) 2016/679 (General Data Protection Regulation), the Data Protection Act (Chapter 586 of the Laws of Malta) and any other relevant European Union and national law. For further details, you may refer to the Data Protection Policy on the MFSA webpage www.mfsa.mt. 

Candidates are to note that the submission of any false statement/s or omission, even if unintended, may lead to the cancellation of their application and may render the candidate's appointment liable to termination. 

Furthermore, please note that candidates may be asked to submit any documentation in support of the information provided, including but not limited to, proof of qualifications and Police Conduct Certificates. 

Public Call Permit: 710/2025