The Role
Lead AML compliance efforts, develop and implement policies, interact with regulators, and manage AML risk assessments and training programs.
Summary Generated by Built In
Who are we?
At OpenPayd, we are building a universal financial infrastructure to power the growth of the digital economy. Our rails-agnostic approach empowers any business to move and manage money globally - across both traditional rails and stablecoins — at scale, and in real time.
The OpenPayd platform delivers a suite of banking and payments infrastructure: accounts in over 40 currencies, FX, on/off ramp, international and domestic payments, Open Banking services – all via a single API.
A global network of licences alongside our best-in-class tech is why we're trusted by 800+ enterprise clients to process over €130 billion annually.
How will you add value to the OpenPayd journey?
- Serve as the MLRO, ensuring compliance with AML/CTF regulations, the Prevention of Money Laundering Act and FIAU guidance.
- Lead the development, implementation, and enhancement of AML/CTF policies, procedures, and risk frameworks.
- Act as the primary point of contact for AML matters, engaging with regulators, banking partners, and law enforcement agencies.
- Oversee and submit Suspicious Transaction Reports to the FIAU and ensure internal AML escalation processes are effective.
- Prepare and present AML/CTF risk reports to senior management, the Board of Directors, and regulatory bodies.
- Keep up to date with regulatory changes, industry trends, and enforcement actions, advising senior leadership on financial crime risks.
- Own and maintain the Business Risk Assessment, Customer Risk Assessment and Financial Crime Risk Framework.
- Oversee Customer Due Diligence, Enhanced Due Diligence, and Ongoing Monitoring processes, ensuring effective risk controls.
- Oversee the Transaction Monitoring Framework, ensuring suspicious activity is identified, investigated, and escalated in a timely manner.
- Provide AML risk assessments for new products, business lines, and high-risk customer segments.
- Develop and implement AML training programs for internal teams, fostering a strong compliance culture.
- Work closely with the Director of Compliance, UK MLRO, and senior management to align AML compliance strategies across jurisdictions.
The ideal candidate will have the following:
- 8+ years of experience in AML, financial crime compliance, or regulatory compliance, ideally within an EMI, PSP, or Fintech.
- Proven experience in a senior AML leadership role, preferably with MLRO experience and MFSA approval.
- Strong knowledge of Maltese AML laws, FIAU guidance, MFSA regulations, and EU financial crime frameworks.
- Experience managing high-risk sectors and complex corporate structures.
- Extensive experience in transaction monitoring, risk assessments, STR filing, and regulatory reporting.
- Strong leadership, analytical, and decision-making skills, with experience managing AML teams.
- Ability to interact with regulators, external auditors, and law enforcement agencies.
- ACAMS, ICA Diploma, or equivalent AML certification is highly desirable.
- You are driven, ambitious and keen to grow with the company
We’d like you to take a read of our Talent Acquisition Privacy Notice which explains how we collect and process your personal data. Please read our notice carefully. By submitting the application button, we will consider that you aware of it.
We are looking forward to receiving your CV.
OpenPayd Talent Team
To all recruitment agencies: OpenPayd does not accept speculative agency resumes. Please do not forward resumes to our jobs alias, OpenPayd employees or any other company location. OpenPayd is not responsible for any fees related to unsolicited resumes. OpenPayd will only accept CV's from the partners with relevant agreement via the People and Talent team only.
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Top Skills
Aml
APIs
Ctf
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The Company
What We Do
Embedded Finance for the digital economy
OpenPayd is a leading global payments and banking-as-a-service platform that provides a range of banking and payment services to both financial and non-financial institutions.
Our services are underpinned by a global network of licences and are accessible through a single API. These include IBANs, open banking, e-money accounts, FX conversion, local and international payments, card processing and debit cards.
We believe that all businesses - irrespective of their size or industry - should be able to access the best payment and banking services. We provide all of our services through a simple, flexible and scalable platform.
