Analyst (International Sanctions)

within Financial Crime Compliance


Analyst (International Sanctions)

within Financial Crime Compliance

  • Grade:

  • Type:

  • Closing Date:

  • Job code:

  • Team:

    International Sanctions
  • Date Posted:


About Financial Crime Compliance

Financial Crime Compliance is mainly responsible for anti-money laundering and combating the financing of terrorism (AML/CFT) supervision of MFSA licence holders. This is carried out jointly with the Financial Intelligence Analysis Unit (FIAU) in a coordinated and integrated manner and with a risk-based approach. Supervision consists in the monitoring of compliance by MFSA licence holders with the requirements of the Prevention of Money Laundering Act, Prevention of Money Laundering and Funding of Terrorism Regulations and the FIAU Implementing Procedures.

Another remit of Financial Crime Compliance includes also the monitoring of developments in the area of international (financial) sanctions issued from time to time by the United Nations Security Council, the European Union and through national legislation. This function seeks to ensure that licence holders are aware, understand and comply with the requirements of international sanctions and other restrictive measures including sanctions lists, and provides them with information and guidance thereon. Financial Crime Compliance also performs supervision on behalf of the Sanctions Monitoring Board which is the national entity tasked with the supervision in relation to Financing of Terrorism and the Financing of Proliferation of Weapons of Mass Destruction.

Additionally, Financial Crime Compliance also coordinates the collection of information from the various supervisory units and together with its own information, formulates the MFSA’s input in relation to the local financial sector’s Risk Assessment.

Additional remits of Financial Crime Compliance are the delivery of various forms of training to both internal supervisory units within MFSA and also to external bodies; and helping other regulatory bodies including the local Law-Enforcement and Judicial authorities in collecting information in respect of various Court Orders, Investigation Orders and Requests for Information issued by the Courts of Justice and the Police Corps respectively, from various other Units within MFSA and providing the relative information to the aforementioned authorities.

The Role

The appointee will form part of the Financial Crime Compliance and will work closely with, assist and support the Head.

The duties and responsibilities shall include:

  • Follow international and national developments on sanctions
  • Keep up to date with new UN, EU and national sanctions issued from time to time
  • Keep up to date with amendments to sanctions and amendments to sanctions lists
  • Review and analyse UN, EU, national and US (OFAC) sanctions
  • Pay special attention to terrorism-related financial sanctions
  • Provide sanctions-related advice, guidance and assistance to MFSA staff and licence holders
  • Disseminate relevant information to MFSA staff and licence holders
  • Prepare notices / circulars / guidance to licence holders on sanctions matters
  • Review and drafting of sanctions-related legislation as required
  • Liaison and coordination with Sanctions Monitoring Board (SMB)
  • Ensure all sanctions and amendments are published on MFSA website and upkeep of MFSA website page on sanctions
  • Collect information on frozen assets
  • Reply to due diligence requests related to sanctions
  • Monitor names of newly listed persons
  • Attend meetings of the Sanctions Monitoring Board as necessary
  • Other duties as may be assigned from time to time.

About You

We are looking for candidates with solid academic background in financial services or in another related background.

Candidates would preferably have a knowledge of Maltese anti-terrorism/combating financing of terrorism legislation and awareness of UN and EU sanctions, in particular sanctions related to Al Qaeda, terrorism and proliferation of weapons of mass destruction and experience related to international sanctions and their implementation for a minimum of two (2) years. Also, candidates would preferably be familiar with applicable international conventions and standards.

The role calls for an academic qualification in a relevant field of study at National Qualification Framework Level 6 or better, duly certified by the Malta Qualifications Recognition Information Centre (MQRIC) or a widely recognised professional qualification at a comparable level.

You will also possess a minimum of three (3) years working in the area of financial services. Candidates with longer working experience relevant to the role will be preferred.

If you do not have the necessary academic or professional qualifications but you have at least seven (7) years within a compliance or an investigative and/or analytical environment, we would still be interested in speaking with you.

How to apply

or query further information

Candidates are to forward a copy of their Curriculum Vitae (C.V.) and an accompanying covering letter providing the motivation for the application to

Other Important Information

The MFSA is an Equal Opportunities Employer as certified by the NCPE (National Commission for the Protection of Equality) and is committed to a policy of equal opportunity in all aspects of employment and will take care to avoid any form of discrimination in its recruitment procedures. The MFSA reserves the right to withdraw this call at any time and not to select any of the Candidates.

It is the responsibility of applicants in possession of qualifications awarded by Universities and other similar institutions outside Malta to produce a recognition statement on comparability of qualifications issued by the Malta Qualifications Recognition Information Centre (MQRIC). Applicants should do so preferably at application stage or otherwise at the preliminary interview should an applicant be selected for such interview. Details can be obtained by accessing the National Commission for Further and Higher Education website on under MQRIC heading.

The MFSA shall ensure that any processing of personal data is in accordance with Regulation (EU) 2016/679 (General Data Protection Regulation), the Data Protection Act (Chapter 586 of the Laws of Malta) and any other relevant European Union and national law. For further details, you may refer to the Data Protection Policy on the MFSA webpage

Candidates are to note that the submission of any false statement/s or omission, even if unintended, may lead to the cancellation of their application and may render the candidate's appointment liable to termination.

Furthermore, please note that candidates may be asked to submit any documentation in support of the information provided, including but not limited to, proof of qualifications and Police Conduct Certificates.