Senior Officer - Regulatory Compliance

MeDirect is a Maltese digital bank, founded in 2004, with over 160,000 clients and operations in Malta and Belgium. We offer a wide range of financial services to both retail and corporate clients, including daily banking, savings, and corporate services.

We are always on the lookout for determined and hard-working individuals who are eager to take the next step in their career. At MeDirect, we strive to provide an exceptional employment experience, fostering growth, collaboration, and innovation.

Role Overview:

We are looking for a dedicated and experienced professional to join our team in a key compliance role as Senior Officer - Regulatory Compliance. This position plays an important part in supporting the organisation’s commitment to operating to the highest regulatory and ethical standards. The successful candidate will work closely with internal teams and external stakeholders to help ensure that our products, services, and processes remain fully aligned with applicable financial services laws and regulatory requirements. This role offers the opportunity to contribute meaningfully to a strong compliance culture while working in a collaborative and supportive environment.

Duties and responsibilities:

• Ensuring compliance with the relevant laws, rules, regulations, and directives issued pursuant to the Investment Services Act, the Banking Act, and other relevant financial services laws 

• Ensuring products and services are compliant with regulations 

• Assist in the implementing of policies and procedures in relation to rules and regulations 

• Monitoring of processes related to compliance risks 

• Managing, maintaining, and further developing the Bank's control environment database, ensuring it remains comprehensive, accurate, and aligned with regulatory and business requirements.
• Supporting the development, organisation, and continuous enhancement of the Bank's internal control framework, including the documentation, monitoring, and assessment of key controls across the organisation.
• Escalating breaches for appropriate action to be undertaken 

• Ensuring the development and maintenance of good relationships with key internal and external stakeholders including local regulators 
• Other duties as may be determined from time to time by the Senior Specialist – Regulatory Compliance

Required knowledge, skills and experience:

• Bachelor’s Degree in Finance, Banking, Compliance, or a related discipline (preferred)
• Minimum of 2-3 years of relevant professional experience in banking, investment services, or compliance-related roles
• Understanding of Banking and Investment Services regulations, with strong practical experience and a thorough understanding of MFSA rules of conduct
• Strong working knowledge of tax-related regulatory frameworks, including FATCA, CRS, and QI, with the ability to interpret and apply requirements independently (preferred)
• Experience in establishing, maintaining, or enhancing governance, risk, and control frameworks within a regulated financial services environment
• Strong understanding of internal control methodologies and control environment management, including the ability to structure, organise, and maintain control documentation and databases
• Experience working with governance, risk, and compliance (GRC) tools or similar control management platforms would be considered an asset
• Highly self-motivated and results-driven, capable of working independently with minimal supervision
• Proven mentoring abilities, contributing to knowledge-sharing and process improvement
• Demonstrated ability to adapt to regulatory change, proactively identifying risks and improvement opportunities
• Advanced proficiency in the Microsoft Office suite, particularly Excel, Word, and PowerPoint, for reporting and analysis