Anti-Money Laundering Officer

Full Time
Published on 05/07/2023

Job Description


Position Title: Anti-Money Laundering Officer

Department: Financial Crime Compliance

Reports to: Senior Executive – Anti-Money Laundering

Job Purpose:

The Anti-Money laundering Officer shall report directly to the Senior Executive – Anti-Money Laundering in the performance of his/her duties. The role principally involves the conducting of AML/CFT supervisory examinations on Land-Based and Remote Gaming Licensees which are considered as Subject Persons under the Prevention of Money Laundering and Funding of Terrorism Regulations.

Main Duties and Responsibilities:

  • Liaising when necessary, with Gaming Licensees, the different departments within the MGA, the FIAU and other regulatory bodies on matters pertinent to AML/CFT;
  • Assisting with the analysis of documentation of Gaming Licensees pertinent to AML/CFT such as Risk Assessments, Customer Acceptance Policies and AML Policies and Procedures;
  • Acting as the supervisory officer in performing AML/CFT examinations on Gaming Licensees to assess their compliance with the AML/CFT obligations under the Prevention of Money Laundering and Funding of Terrorism Regulations, independently or jointly with the FIAU;
  • Assisting the AML Senior Executive and the AML Executive with the drafting of reports of the findings identified during AML/CFT examinations;
  • Organising and structuring of examination files in line with the AML Unit’s record keeping policy;
  • Conducting appraisals on applicant MLROs, aimed at assessing their competence and knowledge to occupy such role; and
  • Performing any other duties and responsibilities that may be assigned from time to time.

Technical/Professional Expertise:

  • Degree Level of education or equivalent, MQF Level 6. (Diploma level or equivalent, MQF Level 5 will be considered if covered with relevant experience);
  • Analytical and investigative skills;
  • Good report writing skills;
  • Capable of presenting findings in written and oral format;
  • Good command of the English language (both written and spoken);
  • At least two (2) years’ experience in a similar role;
  • Ability to work under pressure in a fast-paced and changing environment;
  • Ability to take ownership and act in line with agreed KPIs; and
  • Sound knowledge of AML/CFT Laws and Regulations governing the EU and Malta.
  • English