Deputy MLRO

About the Position

We are seeking an experienced Deputy MLRO (DMLRO) to join our Financial Crime team in Malta.

About the Company

BVNK is the stablecoin-powered financial stack for enterprises. We're now part of Mastercard, and together we're building a network for every form of money – one that delivers more reach, more capability, and more choice.

Trusted by industry leaders like Corpay, Worldpay, Deel, and Flywire, we deliver the infrastructure that makes new forms of money usable within the financial systems customers already rely on today.

Responsibilities

• Financial Crime Framework: Ensure the firm’s operational AML/CFT controls fully comply with the Prevention of Money Laundering Act (PMLA), the PMLFTR, and the FIAU Implementing Procedures Part I and Part II.
• Business Risk Assessment: Assist the MLRO in conducting the bi-annual Business Risk Assessment (BRA) and maintaining the firm's Financial Crime Risk Register.
• Regulatory Reporting: Assist in gathering quantitative and qualitative financial crime data for the submission of regulatory reporting including the FIAU Risk Evaluation Questionnaire (REQ).
• New Product Reviews: Provide SME input into the new product development and assessment process.
• Oversight: Support periodic quality assurance checks on relevant financial crime controls.
• Internal SAR Evaluation: Review, analyze, and investigate internal Suspicious Activity Reports (iSARs) escalated by operational teams and the wider business.
• FIAU Reporting: Assist the MLRO in drafting, logging, and submitting official Suspicious Transaction Reports (STRs), Suspicious Activity Reports (SARs), and Targeted Financial Sanctions disclosures to the Maltese Financial Intelligence Analysis Unit (FIAU).
• Law Enforcement & RFI Liaison: Serve as a point of contact for requests for information (RFIs), court orders, and freeze notices issued by the FIAU, the Malta Police Force (Financial Crime Investigation Department - FCID), and international FIUs.
• High-Risk File Sign-Off: Conduct secondary reviews and provide compliance recommendations on Enhanced Due Diligence (EDD) cases for complex legal entities, Politically Exposed Persons (PEPs), high-net-worth individuals, and high-risk commercial verticals.

Requirements

• Industry Experience: Direct, hands-on AML/CFT experience within a Maltese regulated entity (Financial Institution, EMI, Bank, VFA/CASP, or Gaming operator).
• Maltese Regulatory Knowledge: Deep operational familiarity with the Maltese legal and supervisory framework, specifically the PMLA, PMLFTR, FIAU Implementing Procedures (Part I and Part II), Sanctions Monitoring Board (SMB) notices, and MFSA regulatory expectations.
• Ideally, you will have an internationally recognised financial crime qualification such as the ICA or ACAMS.

We Offer

• Fair and competitive salary at every stage of your growth
• Flexible working hours, with hybrid working at its heart
• A culture built on passionate, growth-minded people
• A flexible approach to holiday
• Opportunities to travel to our offices around the world
• An open and creative environment where you can help us define the future of BVNK, its culture, and its opportunity sets

Salary

€60.000 - €90.000 EUR

At BVNK, we are focused on building a diverse and inclusive team. While you may not meet all of our requirements, we’d encourage you to apply if you meet the majority of our expectations. You may be a great fit for this role or another role in our team.

Compensation packages are based on candidate experience and relevant certifications.