We're a leading financial institution, a key player in the Maltese market and part of a highly diversified multi-national group of companies. Employing a team of over 270 employees, the Bank offers a full range of lending and savings solutions to both personal and business customers. We strive to offer a highly personalised service through our network of twelve retail branches spread across the Maltese Islands.

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We're a team of inspired people who believe that opportunities start with a conversation.

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The Regulatory Compliance Department is responsible for ensuring the Bank’s adherence to regulations, legislation, codes of practices and for the provision of internal guidance on any kind of legislation other than the prevention of money laundering and funding of terrorism.

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You will be responsible for:

• assisting in analysing  local, EU and international legislation and ensuring that the Bank operates in conformity with the relevant laws, regulations, policies and standards to which it is obligated to adhere with;
• identifying, documenting and assessing the compliance risks associated with the Bank's operational activities including those related to the development of new products and business practices; 
• providing advice where requested as regards the implementation and ongoing maintenance of specific legislations;
• monitoring regulatory horizons to ensure that the Bank is always proactive towards upcoming regulatory changes;
• monitoring the regulatory calendar to ensure that the reporting deadlines of the Bank are adhered to;
• assisting with the development and implementation of the Annual Compliance Plan;  
• carrying out preliminary impact and gap analysis and assisting in the implementation of specific legislative requirements within the Bank;
• compiling on a regular or ad-hoc basis statistics and information for management information purposes as well as reporting to Risk Committee and Executive Committee;
• monitoring of any open findings emanating from self-assessments as well as any regulatory findings;
• holding regular training sessions in collaboration with Human Resources in regard to awareness-raising and training of all staff involved; and
• assisting the Data Protection Officer of the Bank with GDPR issues that may arise from time to time.

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The potential candidate should be reliable and trustworthy, well-organised with a disposition to learn and have a team-oriented approach.

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You must:

• have a minimum of eight years’ experience working in the banking industry, with at least three years working within compliance;
• possess excellent communication and problem solving skills;
• be accurate and attentive to detail;
• have teamwork and organisation skills;
• be able to work under pressure;
• have the ability to work on own initiative and have high-level of negotiation skills in order to implement the best solutions for the Bank and still remain compliant with laws and regulations; and
• be able to meet strict deadlines and ability to multi-task.
• holding a degree or similar certification related to business management, banking and finance, legal, governance, or risk is considered as an asset. The official should have attended specialised training / courses related to fraud detection and prevention and fundamentals of banking legislation.

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