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Smarter Loans

Careers

Legal and Compliance Officer

Role Summary
The role of the Legal and Compliance Officer is to work independently to ensure that compliance with legal standards and in-house policies obligations are being followed, and monitoring the company’s clients to ensure that payments are in order. The duty is also to act responsibly to enforce regulations in all aspects and levels of the business as well as provide guidance on compliance matters.

Responsibilities

  • Develop and implement an effective legal compliance programme.
  • Implementing and monitoring proactive risk management policies and procedures.
  • Create sound internal controls and monitor adherence to them.
  • Draft and revise company policies.
  • Proactively audit processes, practices, and document to identify weaknesses.
  • Evaluate business activities to assess compliance risk and violation.
  • Supporting the Team
  • Keep abreast of internal standards and business goals.
  • Actively monitoring client files and ensuring that payments are in order.
  • Initiate legal proceedings to clients failing to reach agreement to settle their outstanding overdue bills.
  • Follow up pending legal cases.
  • Follow up of court cases with the court Registrar and court systems.
  • Follow up Auctions (Subbasti) to ensure the company wins the bids.
  • Represent the company when required during any court cases.
  • Compile reports (as frequently as deemed necessary by management) to report on updates/progress on the Non-performing section & Legal cases.
  • Compiling reports to monitor collections on an ongoing basis throughout the month.
  • Negotiate and sign repayment agreements with clients to minimise legal action.

 

Skills and Competencies

  • Possess a Doctor of Laws or a Legal Degree
  • Having a minimum of 2 years’ experience in a similar role.
  • Knowledge of legal requirements and controls (e.g. Anti Money Laundering);
  • Familiarity with industry practices and professional standards.
  • Knowledge in KYC due diligence best practices.
  • Previous experience in similar roles within the financial services industry would be considered an asset.
  • Proficient in MS office applications.
  • Excellent communications skills in both English and Maltese.
  • Ability to maintain high levels of confidentiality and data security.
  • Passionate team player with a growth mindset.
  • Strong interpersonal communication and presentation skills.
  • Hands-on and self-driven who loves a challenger culture.
  • Adapts quickly to changes and takes responsibility for developing own skills.

All applications are treated with the strictest confidence. Personal data which is provided by a candidate will be processed by the company for the purpose of the recruitment process and in the case of employment, for the purpose of the employee’s relationship with the company.

Compliance Officer and MLRO

Reports to: Board of Directors

ROLE SUMMARY

The role of the Compliance Officer and MLRO is to work independently by monitoring, reviewing, and evaluating activities of the company, and to ensure that compliance with legal standards and in-house policies obligations are being followed. The duty is also to act responsibly to enforce regulations in all aspects and levels of the business as well as provide guidance on compliance matters. The role will be subject to the candidate being successfully PQ’d.

Responsibilities
  • Developing and overseeing control systems to prevent or deal with violations of legal guidelines and internal policies.
  • Managing the day-to-day operations of the Compliance Officer and MLRO functions.
  • Evaluating the efficiency of controls and improve them continuously.
  • Revising procedures, reports etc. periodically to identify hidden risks or non-conformity issues.
  • Drafting, modifying, and implementing company policies.
  • Collaborating and liaising with the internal departments, regulators, authorities, and external providers toresolve legal and compliance issues.
  • Maintaining compliance registers and the Compliance Monitoring Programme as required by statutory andregulatory requirements.
  • Assessing the business’s future ventures to identify possible compliance risks.
  • Reviewing the work of colleagues when necessary to identify compliance issues and provide advice or training.
  • Enforcing any AML standards and assesses doubtful transactions.
  • Preparing reports for senior management and external regulatory bodies as appropriate.
  • Coordinating training and mentoring employees in keeping with the current developments on AML/CFT issues.

Skills and Competencies

  • Proven experience in AML/CFT.
  • Previous occupation in a compliance role will be considered an asset.
  • In-depth knowledge of the industry’s standards and regulations.
  • Excellent knowledge of reporting procedures and record keeping.
  • Business acumen partnered with an understanding of regulatory requirements.
  • Methodical and diligent with outstanding planning abilities.
  • An analytical mind able to analyze the complexities of procedures and regulations.
  • Excellent communication skills.
  • BSc/BA in law, finance, business administration or related field is ideal but not a must.
  • Ideally, certified as a compliance professional.
Open Application

Working at Finance House goes far beyond just having a job to make ends meet. You can either explore a map full of exciting avenues or create a whole new path for yourself, all with an attractive package and various incentives.

We are actively looking for new recruits in various roles.

Please send CV with your resume to
[email protected]

All applications are treated with the strictest confidence. Personal data which is provided by a candidate will be processed by the company for the purpose of the recruitment process and in the case of employment, for the purpose of the employee’s relationship with the company.

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