Financial Crime Compliance Analyst (Crypto & Banking)

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 seeking two Financial Crime Compliance professionals with 3–8 years of relevant prior experience to support the FCC framework across both a Crypto-Asset Service Provider (CASP) and traditional financial services/banking activities.

The role will focus on ensuring effective implementation of AML/CFT controls, transaction monitoring, (as ancillary aspect support to regulatory compliance), helping the business in managing financial crime risks in both digital asset and  in traditional banking  FCC environment .

1.Traditional Finance/Banking - First 6/9 months on the job

Key responsibilities:

Role objective: Ensure continuity of AML/CFT operations, monitoring activities, and regulatory deliverables.

• Transaction monitoring & case handling
  • Review and manage alerts escalated by the first line
  • Perform AML investigations and ensure proper documentation of cases
  • Contribute to timely escalation and decision-making
• Suspicious activity reporting
  • Draft STRs to the FIU (for review by the AMLCO)
  • Support responses to requests from FIU, law enforcement and other authorities
• Monitoring plan execution
  • Contribute to the delivery of the Compliance Monitoring Plan (AML scope)
  • Assess effectiveness of AML processes and controls and document findings
• Regulatory reporting
  • Support preparation of AML reports for NBB and other authorities
  • Ensure quality and consistency of regulatory submissions
• Advisory & training
  • Provide guidance to the first line on AML/CFT requirements
  • Support training initiatives where needed
• Continuous improvement
  • Contribute to improvements of AML processes, tools, and methodologies
  • Provide feedback on efficiency and risk-based adjustments

2.  Crypto FCC – as subsequent activity to the first 6/9 months on the job

Key responsibilities:

Governance & Risk-Based Framework

• Establish a risk-based AML/CFT framework specifically addressing crypto-asset risks;
• Define risk appetite covering:
  • Client types (retail, institutional)
  • Supported assets (BTC, ETH, stablecoins, etc.)
  • Transaction thresholds and risk triggers

Wallet Infrastructure Controls Ensure secure custody, traceability, and control of digital assets.

• Use of third party governance and policy engine to enforce:
  • Multi-party approval (MPC-based approvals)
  • Segregation of duties (initiation vs approval)
  • Transaction limits and whitelisting
• Maintain wallet segregation:
  • Client assets vs corporate treasury
• Implement:
  • Withdrawal controls (e.g., address whitelisting)
  • Time delays or cooling-off periods for withdrawals
• Record full audit trails of wallet activity

Blockchain Monitoring & Screening (Chainalysis)Detect and prevent exposure to illicit wallets, sanctioned entities, and high-risk activity.

• Perform pre-transaction and post-transaction screening using Chainalysis:
  • Wallet risk scoring
  • Exposure to darknet, mixers, ransomware, fraud
• Block or flag transactions involving:
  • Sanctioned addresses (OFAC, EU, UN lists)
  • High-risk categories (e.g., illicit services, scams)
• Monitor:
  • Incoming and outgoing wallet activity
  • Counterparty risk exposure

Alert Handling

• Investigate alerts triggered by:
  • High-risk wallet interactions
  • Abnormal transaction patterns
• Escalate and document suspicious cases
• File STRs where required

Travel Rule Compliance Ensure compliance with the EU Transfer of Funds Regulation (TFR) for crypto transfers.

• Capture and transmit required originator and beneficiary information:
• Verify counterparties:
• Apply controls for:
  • Transfers to/from unhosted wallets
  • Missing or incomplete Travel Rule date

Operational Controls

• Integrate third party system to:
  • Automate Travel Rule messaging
  • Validate counterparty data before transaction execution
• Block or delay transfers where:
  • Required data is incomplete
  • Counterparty risk is unacceptable

Transaction Monitoring (Crypto)Detect suspicious activity crypto ecosystems.

3. Regulatory Compliance Support

Key responsibilities:

1. • Prepare and review internal and external compliance reporting
   • Oversee execution of controls in regulatory compliance areas
   • Ensure proper documentation of controls and follow-up of remediation actions
   • Represent Compliance in relevant committees (MiFID, governance, product committees)