Job Description

GRS Recruitment is excited to announce an opportunity for a Junior Remediation Associate to join a dynamic Financial Services company located in Malta. Our client is committed to fostering a compliant environment and is looking for a dedicated individual with a background in Compliance to support their operations and contribute to their ongoing success. If you are passionate about Compliance and ready take the next step in your career as a Junior Remediation Associate, we encourage you to apply now and join a forward-thinking team in Malta.MAIN DUTIES AND RESPONSIBILITIES

• Assisting the Remediation Team with the analysis and offsite review of remedial actions implemented to address AML/CFT shortcomings identified during compliance examinations carried out with the aim of assessing whether such actions were adequately implemented.
• Participating in meetings during the remediation process to obtain clarifications and/or assess the adequacy of their remedial action programmes in strengthening their AML/CFT control frameworks.
• Participating in Supervision Committee meetings by presenting findings and contributing to discussions on the outcome of remedial action plans undertaken.
• Assisting in the drafting of official communications including letters, and in the preparation of internal reports as necessary.
• Supporting the process of determining and submitting material weaknesses to the European Banking Authority in line with the EuReCa obligations.
• Liaising, coordinating, and cooperating with various competent authorities as may be required.
• Assisting in the delivery of AML/CFT training to subject persons, supervision officers, or other supervisory authorities.
• Supporting tasks related to evaluations and assessments carried out by local and international bodies.
• Carrying out any other job-related duties as may be assigned by the Director, Deputy Director, Head, Senior Manager, or Manager from time to time.

CANDIDATE PROFILE

• MQF Level 5 qualification in Risk Management, Banking and Finance, Financial Services, Audit or in any other subject and at least 2 years work experience relevant to this post; OR
• MQF Level 4 qualification in Risk Management, Banking and Finance, Financial Services, Audit or in any other subject and at least 3 years work experience relevant to this post.
• Knowledge and practical understanding of the laws that govern the prevention of money laundering and financing of terrorism in Malta and the applicable international standards and EU legislation.
• Knowledge or experience in risk assessment, data analysis or statistics is considered an asset.
• Outstanding written and verbal communications skills in English.
• Proficiency in the use of Microsoft Office and office automation tools.
• A clean criminal record.

COMPANY BENEFITS

• Health insurance group cover, which is also extended to the employee's spouse and any dependants under the age of eighteen and residing with the employee.
• Life insurance group cover.
• Work from home is available one day per week, after 6 months in employment.
• Sponsorship Training Scheme.
• Training & Study Leave.
• Family-friendly measure.
• Team Building Events.

Due to the high volume of applications, we receive at GRS Recruitment, only shortlisted candidates will be responded to.To apply for this position, please email your CV to Sarah Miceli, quoting the above job reference.

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