Verto

MLRO, Compliance Officer

Verto

full-time

Posted on:

Location Type: Hybrid

Location: Valletta • 🇲🇹 Malta

Visit company website
✨ AI Apply
Apply

Job Level

Mid-LevelSenior

About the role

  • 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.

Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard skills
AMLCompliance AuditingSuspicious Transaction Reports (STRs)Know Your Customer (KYC)Customer Due Diligence (CDD)Risk Evaluation Questionnaire (REQ)Financial Institutions ActRegulatory ReportingPolicy ManagementCompliance Training
Soft skills
LeadershipCommunicationDetail-OrientedTeam BuildingMentoringAdvisoryOrganizational SkillsPresentation SkillsInterpersonal SkillsProblem Solving
Certifications
CAMSICA DiplomaAML/Compliance Qualification