Overview
Financial Crime Compliance Analyst (Crypto & Banking) Jobs in Sliema, Malta at MeDirect Bank Malta
Title: Financial Crime Compliance Analyst (Crypto & Banking)
Company: MeDirect Bank Malta
Location: Sliema, Malta
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 .
Duties & Responsibilities:
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:
- 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)
Our Package:
At MeDirect, we believe that our people are our greatest strength, which is why we offer a comprehensive benefits package designed to support employee well-being, growth, and overall experience.
Benefits include:
- 🏥 Private Health & Life Insurance
- 🏡 Home Office Subsidy
- 🚗 Free Parking
- 📚 Study Grants & Leave
- 💻 Hybrid Working Model & ⏰ Flexible Working Hours
- 🏋️ Gym Subsidy
- 💰 Staff Savings Account with Preferential Interest Rate
- 🏠 Home Loan Subsidy
- 🎁 Yearly Discretionary Performance Bonus
