Trumia is a new-generation E-Money and Payment Services financial services provider, licensed and regulated in the EU. The Institution has set out to provide its clients with customer-centric and innovative financial services. It offers both consumer wallets and corporate accounts, driven by state-of-the-art technology to make its financial services seamless and beneficial to its users.

We are currently looking for SeniorFinancial Crime Compliance Officers to join our fast growing and dynamic team. The opportunity to join the team at this stage in the Institutions’ journey provides for an exciting and rewarding experience.

Responsibilities

Manage day-to-day FCC operations, including onboarding workflows, transaction monitoring, RFI management, and acting as the first point of escalation for internal stakeholder queries
Provide direct guidance and technical mentorship to team members, including the coordination and assignment of daily tasks to ensure operational efficiency and quality of work produced
Continuously review and streamline internal FCC workflows to eliminate operational bottlenecks and improve the speed of client onboarding without compromising standards
Collaborate on the optimization of FCC systems, including the fine-tuning of transaction monitoring rules and screening parameters to enhance detection and reduce false positives
Oversee the collection and analysis of Management Information (MI) to ensure accurate statistics on onboarding and monitoring are prepared for the Risk and Compliance Committee, Board of Directors, Auditors, and Regulators
Proactively identify, investigate, and provide updates to the MLRO on complex AML/CFT suspicions or high-risk matters requiring senior intervention
Participate in key decision-making meetings, providing technical compliance insights to determine whether to onboard or retain high-risk client relationships
Maintain active involvement in the Enhanced Due Diligence (EDD) processes for the Institution’s most complex B2B and B2C clients
Serve as an internal subject matter expert, providing pragmatic and effective guidance to the business to ensure all activities align with applicable laws, regulations, and industry best practices
Design, implement, and maintain a robust AML/CFT framework that ensures the Institution remains compliant with evolving legislative requirements
Ensure AML/CFT and Sanctions policies, procedures, and controls remain effective and up-to-date, and that comprehensive staff training is delivered to identify and report suspicious activity
Conduct and maintain the annual Business Risk Assessment (BRA) and Jurisdiction Risk Assessment (JRA) across all institutional activities
Manage and nurture relationships with regulators (FIAU/MFSA) and external stakeholders, ensuring the AML/CFT framework meets all supervisory expectations
Evaluate the effectiveness of systems and controls in preventing financial crime and fraud, identifying gaps for technological or manual remediation
Ensure the timely and accurate submission of all periodical reporting to the FIAU and MFSA, fulfilling all statutory obligations for reporting officers
Receive and review internal reports of suspicion and assist in the formal reporting of transactions to the competent authorities
Maintain and optimize a robust transaction monitoring regime that utilizes a risk-based approach
Develop and deliver specialized trainings to keep staff and Board members informed of the latest AML/CFT trends and regulatory developments
Provide periodic briefings and strategic insights on AML/CFT risks and trends to the Executive Team and the Board of Directors

Requirements

Minimum of 5 years experience in a similar role within the financial services industry or in an AML/CFT related consultancy firm
A Higher Education Qualification in Law, Finance, Banking, Criminology or in a relevant field
ACAMS (Certified Anti-Money Laundering Specialist) certification, or an equivalent certification, is considered to be an asset
Strong knowledge of the fundamental AML/CTF and Transaction Monitoring legislation, including detailed knowledge and understanding the FIAU’s Implementing Procedures
Understanding of different payment methods and mechanisms (ex: Bank transfers, Card payments; PISP, APM; etc) is also considered to be an asset
Working knowledge of CDD requirements for different types of client onboarding
Confident decision making and judgement skills
Experience in undertaking onsite inspections/audits etc will be considered to be an asset
Attention to detail and exceptional organisational skills
Excellent verbal and written communication skills in English
Ability to work on own initiative and as part of a team, and possesses strong interpersonal skills
A demonstrated commitment to high professional ethical standards
Thrive in a fast-paced environment

Benefits

Private Health Insurance (after probation)
Attractive office location and facilities
Daily breakfasts and Friday lunches in the office
Regular office & team building events

Senior Financial Crime Compliance Officer

Job Description