Hybrid MLRO, Compliance Officer

at Verto

• Job title: MLRO, Compliance Officer
• Job type: Full Time
• Experience level: Mid level, Senior
• Salary: Not specified
• Degree requirement: Bachelor's Degree
• Location requirements: Hybrid, Valletta, Malta

About the role

• Compliance Officer overseeing AML frameworks, regulatory reporting, and policy management. Collaborating with global teams in fintech focused on emerging markets.

Responsibilities

• Regulatory Reporting: Act as the primary liaison with the FIAU and MFSA. You are responsible for submitting Suspicious Transaction Reports (STRs) and responding promptly to requests for information from the FIAU.
• Suspicious Activity Monitoring: Receive and evaluate internal reports of unusual transactions or suspicious activity. You must determine if there is sufficient suspicion to escalate these to the FIAU.
• AML Framework Management: Maintain and update all AML controls, including Know Your Customer (KYC), Customer Due Diligence (CDD), and record-keeping procedures to ensure they meet the standards of the Prevention of Money Laundering Act and the Implementing Procedures.
• Risk Evaluation: Complete and submit the annual Risk Evaluation Questionnaire (REQ) through the CASPAR portal and ensure the company’s Business Risk Assessment is kept up to date.
• Board Reporting: Produce and present the Annual MLRO Report to the Board of Directors, alongside monthly Risk and Compliance updates, providing a clear view of the company’s financial crime risk exposure.
• Regulatory Oversight: Ensure Verto Malta Ltd remains compliant with all conditions of its EMI license, the Financial Institutions Act, and conduct of business rules.
• Policy Management: Analyse, structure, and improve all internal compliance policies, procedures, and manuals. You will ensure these are operationally effective and accessible to relevant staff.
• Training & Culture: Design and deliver AML and compliance training for all staff and the Board of Directors, ensuring a strong compliance culture is embedded across the organisation.
• Advisory & Strategy: Act as the main escalation point for compliance matters and advise the business on the regulatory impact of new technologies or product lines.
• Team Leadership: Build, mentor, and motivate a team of committed compliance staff, overseeing their career development and ensuring the department's industry expertise remains current.

Requirements

• MFSA Approval: You must be currently approved (or fully eligible for approval) by the MFSA as an MLRO or Compliance Officer.
• Experience: At least 5 years of experience in AML, compliance auditing, or as a Compliance Officer, preferably within the Payments (EMI), PSP, or Fintech sectors.
• Regulatory Knowledge: Deep understanding of Maltese AML laws, FIAU Implementing Procedures, MFSA rules, and UK regulatory frameworks.
• Education: A Bachelor’s degree in Law, Compliance, Accounting, Business, or a related field.
• Professional Certification: A recognised qualification in AML/Compliance (e.g., CAMS, ICA Diploma) is highly desirable.
• Leadership: Proven experience in building and mentoring compliance teams.
• Communication: Strong verbal and written communication skills, with the ability to relay complex regulatory information efficiently to the Board and external stakeholders including regulators.
• Detail-Oriented: Ability to meet strict regulatory deadlines (e.g., STR/SAR filing, REQ submission) with high accuracy.
• Residency: Must be resident in Malta for the Key Function Holder role, and have full authorisation to work in Malta.

Benefits

• Competitive salary and equity package
• Comprehensive health and wellness benefits.
• Generous paid time off and flexible working arrangements.
• Opportunities for professional development and growth in a rapidly expanding global company.
• Community of colleagues who care deeply about their craft, collaborate with purpose, and enjoy the journey together.
• A dynamic, inclusive, and mission-driven company culture focused on making a real-world impact.