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 Junior Legal Officer (FCC - Policy) will form part of the Policy sub-team within the Offsite and Risk Analysis Team. The duties and responsibilities of the Junior Legal Officer shall include: 

• Assisting in drafting of circulars, policy papers and other guidance documents that can be utilised both internally and also externally by the industry; 
• Assisting in reviews of documents / opinions / guidelines forwarded to FCC for consultation; 
• Assisting in implementing guidelines, technical standards, and measures in relation to money laundering, terrorism financing, proliferation financing, and targeted financial sanctions, as pertains to the MFSA; 
• Assisting in the coordination and reporting of thematic reviews; 
• Assisting in drafting policies and procedures; 
• Supporting FCC and MFSA management in Mutual Evaluations and reviews by supra-national bodies such as Moneyval, FATF, EBA, OECD, IMF, ECB amongst others; 
• Actively monitoring the new EU AML Package and assess any developments which might affect the local financial sector; 
• Compiling information and draft weekly and quarterly Financial Crime internal bulletins to be circulated for Financial Crime Awareness;
• Participating in internal and external working groups; 
• Representing the MFSA externally, both on a national and international level; 
• Among others, attending technical meetings with other authorities; 
• Assisting in preparation and delivery of training programmes for supervisory functions and Licence Holders; 
• Collecting and analysing data from Licence Holders, MFSA Supervisory Functions, FIAU and other local and international Authorities to be used for supervisory purposes; 
• Preparing MEMOs for and deliver presentations to Executive Committee and Regulatory Committee; 
• Participating in supervisory interactions, including involvement in examinations, including interview key officials, analyse data and related documentation; 
• Reviewing feedback obtained from interviews with current and proposed Money Laundering Reporting Officers (MLROs); 
• Reviewing MEMOs and related documentation as part of the Authorisation process; 
• Other duties as may be assigned from time to time. 

About You

We are looking for candidates with solid academic background in Law coupled with an area of interest such as financial services and/or risk. 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.  

Having experience working in the area of financial services ideally with experience in financial services compliance environment or in law, will be considered as an asset. Candidates with longer working experience relevant to the role will be preferred. 

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: 1170/2025