Compliance Officer / Senior Compliance Officer

About the role

Novumbank is looking for a Compliance Officer or Senior Compliance Officer who is currently resident in Malta or holds an EU passport. The role supports the Head of Compliance so that the bank remains fully compliant with all applicable regulations, including Maltese and European banking requirements. It works closely with the Regulatory Compliance Team and business units to help implement the Licensing and Compliance Roadmap.

Key responsibilities

• Support the bank in meeting its compliance obligations under applicable laws, regulations and supervisory guidance.
• Monitor regulatory developments and support the implementation of necessary changes.
• Maintain the compliance framework, including the monitoring plan, policies, procedures and controls.
• Carry out compliance testing and thematic reviews, analyse results, flag deficiencies and recommend remedial actions.
• Track compliance issues and agreed remedial actions to completion within agreed timelines.
• Challenge business processes, products and policies from a compliance perspective and guide stakeholders.
• Escalate material compliance risks and potential breaches to the Compliance Manager.
• Develop new compliance tests and reviews in response to regulatory change and risk assessments.
• Contribute to regulatory reporting, requests and supervisory engagements.
• Support compliance training, awareness initiatives and a strong compliance culture.
• Prepare input for compliance reports, findings and recommendations for management and governance committees.
• Take ownership of assigned workstreams on regulatory initiatives, remediation programmes and ad-hoc projects.

Required profile

• Degree or equivalent in Law, Banking, Finance, Economics, Risk, Compliance or a related field.
• At least 3 years' experience in Compliance, Regulatory Affairs, Risk or a related control function, preferably in banking or financial services.
• Good working knowledge of Maltese and European banking legislation and supervisory expectations.
• Experience in compliance monitoring, regulatory change, control testing and/or compliance risk assessment is an advantage.
• Ability to interpret regulations and turn them into practical controls, and to challenge stakeholders constructively.
• Strong analytical, organisational and written and verbal communication skills in English.

Required skills

• Proficiency in Microsoft Office, especially Excel, Word and PowerPoint.
• Ability to work independently and collaboratively in a regulated environment.

The advert states an excellent salary, bonus and benefits, and asks applicants to include their CV.