Do you have experience working with financial services regulations and compliance procedures? Are you fully regulated by the MFSA in compliance and risk management? Are you capable to work under pressure and with minimal supervision?
Our client is an established international private wealth management firm who provide investment services including financial advisory, discretionary portfolio management as well as asset management to collective investments schemes.
The firm is recruiting a Head of Legal & Compliance to report to the CEO and board of directors. The chosen individual will act as a contact point between the licence holder and the MFSA in relation to compliance matters and will have the necessary authority, resources, expertise and access to all relevant information of the company in order to perform the function. The Head of Legal & Compliance will also act as the firm’s company secretary as well as MLRO. Duties include:
Submitting reports and/or supervising any projects and activities as may be directed
Ensuring compliance with company’s policies, guidelines and underlying procedures at all times
Guaranteeing a high quality / standard of work and service throughout
Drafting, updating and implementing company procedures as and when necessary
Advising the company and clients on key regulatory matters
Monitoring legal and regulatory developments whilst assessing their impact on the company and its clients
Ensuring risk management practices are embedded throughout the operation as well as ensuring the company’s RMICAAP is kept up to date
Training staff on risk and regulatory matters
Overseeing administration function as part of compliance duties
Reviewing proposals for investments within PIFs to ensure in line with regulations and offering documents
Being responsible for client on-boarding and all AML matters, including transaction monitoring
Other ad-hoc projects which may arise from time to time.
Approval by MFSA to act in such position
Previous experience in a financial organization, ideally within a compliance or legal environment role.
Fully conversant with MiFID, AIFMD, CRD, or EMIR and other regulatory directives and guidelines.
Degree/Qualification in compliance or AML/CFT/fraud prevention would be preferred
An excellent remuneration package will be offered to the right candidate.