Company Introduction

Our client is a fintech company offering integrated finance solutions.

Job Responsibilities and Duties

Manage compliance risks and maintain internal policies and procedures in line with MFSA requirements applicable to e-money institutions;
Manage and execute the annual compliance monitoring programme, including effectiveness testing and reporting findings to senior management and the Board;
Act as the primary escalation point for compliance-related matters, providing guidance and support across the organisation;
Oversee outsourced functions and ensure ongoing compliance with applicable MFSA outsourcing requirements;
Conduct due diligence and compliance risk assessments on third-party service providers;
Manage regulatory engagement and liaise with relevant authorities, including the preparation of regular compliance reporting to the Board;
Monitor developments in Maltese and EU regulatory requirements and ensure relevant changes are identified and addressed accordingly;
Own and further develop the Enterprise-Wide Risk Assessment (EWRA) framework, ensuring alignment with the organisation’s risk appetite and risk register;
Maintain risk policies and procedures in accordance with MFSA expectations and applicable e-money regulations;
Monitor financial and conduct risks, acting as the second line of defence and providing independent oversight and challenge;
Prepare and deliver reporting to the Board on the organisation’s risk profile, emerging risks, and key risk indicators;
Manage business continuity, disaster recovery, and operational resilience assessments;
Lead and collaborate with internal teams to achieve compliance and risk objectives and ensure appropriate compliance and risk training programmes are maintained.

Experience

Extensive experience as a Compliance Officer and/or Risk Officer within an MFSA-regulated E-Money Institution;
Strong knowledge of EU compliance and risk regulations, legislation, and industry best practices applicable to payment and financial institutions;
Proven experience leading enterprise-wide compliance and risk assessments and implementing appropriate risk mitigation measures;
Experience assessing and managing compliance and risk across third-party relationships;
Previous experience developing and maintaining internal compliance and risk policies and procedures in response to changing regulatory requirements;
Experience designing and delivering compliance and risk training programmes across an organisation;
Strong experience with regulatory reporting and engagement with relevant authorities.

Personal Skills

Strong leadership capabilities with the ability to drive compliance and risk strategy and influence senior-level decision-making;
Excellent communication and stakeholder management skills, with the confidence to engage with regulatory authorities, Board members, and senior management;
Ability to work autonomously and make independent, risk-informed decisions while considering both regulatory and commercial requirements;
Excellent attention to detail and accuracy, particularly in regulatory reporting and compliance documentation;
Strong strategic, analytical, and problem-solving abilities;
Proactive and solutions-oriented approach to identifying, escalating, and resolving compliance and risk matters;
High level of integrity, accountability, and professional judgement.

Please note that all job applicants will be automatically added to the Broadwing LTD candidate database and will receive an automatic email with user credentials to benefit from our online platform.

Head of Compliance and Risk

Job Description