The Role

We are seeking a motivated and experienced Assistant Manager to join our Quality Control (QC) Team within the Supervision Section. The selected candidate will play a key role in supporting the oversight of supervisory quality assurance processes, driving continuous improvement initiatives, and ensuring that the FIAU's supervisory activities are conducted consistently, effectively, and in line with established standards and AML/CFT requirements.

Duties and Responsibilities

Assisting the Team Manager with overseeing the operations of the QC Team to ensure adherence to the FIAU's internal policies, agreed working practices and standards, overall supervisory strategy, and to ensure efficiency of operations and use of resources. To this effect, the Assistant Manager will be required to assist with monitoring the day-to-day operations and deliverables of the team by reviewing the quality of work compiled by team members.
Providing guidance and direction to members of the QC Team during ongoing projects and tasks and performing adequate monitoring to ensure that these are executed within deadlines - the Assistant Manager will be the main point of contact in the Manager's absence.
Assisting with drawing up relevant supervisory procedures, including to ensure alignment with the AML package, and keeping them updated, as necessary.
Drawing up annual quality control programmes.
Carrying out reviews and quality checks on the supervisory work carried out by the FIAU Supervision Sectiand its agents, within timeframes set in the annual QC plans and in line with the QC procedures.
Preparing reports on the outcome of reviews and proposing recommendations to address any weaknesses identified and enhance the FIAU's existing policies, procedures and operations.
Assisting in and following up on the implementation of recommendations to improve FIAU Supervision policies, procedures, processes, and practices.
Assisting and guiding the members of the FIAU Supervision Section and its agents to ensure supervisory interventions are conducted effectively, consistently, and to a high standard.
Providing training on AML/CFT matters during seminars and events organised by the FIAU and other bodies, and collaborating with the Legal Section of the FIAU in the issuance of AML/CFT guidance documents.
Participation in conferences, seminars and workshops organised by the FIAU, as well as in other events of AML/CFT relevance organised by sector representative bodies and private sector entities.
Representing the FIAU in international fora.
Participation in internal committees of the FIAU.
Assistance in relation to studies being undertaken by, and the provision of feedback to, reports and documents issued by the EU, Egmont, MONEYVAL, FATF and other international organisations.
Liaising, coordinating, and cooperating with various local and foreign Competent Authorities and with internal stakeholders to enhance the supervision process.
Fulfilling any other duties delegated by the respective Head, Senior Manager, Manager or Board of Governors, Director and Deputy Director of the FIAU.

Requirements

An MQF Level 6 qualification in Law, Banking and Finance, Financial services, Insurance, Accounting, Economics or any related subject, coupled with a minimum of 5 years relevant work experience, including 1 year in a senior role OR an MQF Level 5 qualification in Law, Banking and Finance, Financial Services, Insurance, Accounting, Economics or any related subject, coupled with a minimum of 7 years relevant work experience.
Applicants should be highly knowledgeable in the laws that govern the prevention of money laundering and financing of terrorism in Malta and the international standards and EU legislation.
Familiarity with the operations of the sector/s in which subject persons operate, such as the financial services sector, the TCSP sector, the gaming sector, etc.
Excellent analytical and report-writing skills.
Excellent English verbal communication skills.

What We Offer

Health insurance group cover
Life insurance group cover
Work from home
Sponsorship Training Scheme
Training & Study Leave
Family-friendly measures
Team Building Events
Free parking (first come first served)

Assistant Manager

Job Description