Deputy Money Laundering Reporting Officer

Trumia is a new-generation E-Money and Payment Services financial services provider, licensed and regulated in the EU. The Institution has set out to provide its clients with customer-centric and innovative financial services. It offers both consumer wallets and corporate accounts, driven by state-of-the-art technology to make its financial services seamless and beneficial to its users.

Are you an ambitious AML professional ready to make a high-impact move into fintech leadership? Whether you are an established compliance leader or a high-potential senior specialist ready to step up into a Deputy MLRO role, we are looking for a key professional to help drive our AML/CFT strategy and champion regulatory excellence in a fast-paced EMI environment. Acting as a core pillar of our Compliance function, you won't just execute policies - you’ll deputise for the MLRO, advise on high-risk onboarding, manage real-time transaction monitoring, and help navigate major EU regulatory shifts like AMLR and AMLD6. If you hold (or are eligible for) MFSA/FIAU approval, possess a strong regulatory mindset, and thrive at the intersection of complex payments, risk-based decision-making, and regulatory engagement, we want to hear from you.

Responsibilities

Transaction Monitoring & Suspicious Activity Reporting

• Review and disposition alerts generated by the transaction monitoring system, applying risk-based judgement calibrated to the Institution's Business Risk Assessment (BRA).
• Prepare and, where authorised, submit Suspicious Transaction Reports (STRs)/Suspicious Activity Reports (SARs) to the FIAU via the goAML platform.
• Maintain STR/SAR case files to evidentiary standard, including rationale for reporting or non-reporting decisions.

Customer Due Diligence (CDD/EDD)

• Oversee CDD and Enhanced Due Diligence for higher-risk customer segments (PEPs, high-risk jurisdictions, complex ownership structures, correspondent-style relationships where applicable to the EMI's agent/distributor network).
• Review and approve onboarding escalations referred by the first line, including source of funds/source of wealth analysis.
• Support periodic and trigger-event driven customer risk reviews.

Sanctions & PEP Screening

• Oversee sanctions list screening (EU, UN, OFAC as relevant to the Institution's exposure) and PEP screening processes, including true-match adjudication and escalation of positive hits.
• Support the Institution's obligations under EU restrictive measures regulations, including asset-freeze reporting where triggered.

Governance, Policy & Reporting

• Assist the MLRO in maintaining the AML/CFT Policy, BRA, and Customer Acceptance Policy in line with FIAU Implementing Procedures and MFSA guidance.
• Contribute to the annual MLRO report to the Board/Compliance Committee.
• Support completion of the FIAU Annual AML/CFT Return and responses to FIAU/MFSA supervisory examinations, on-site inspections, and information requests.
• Deputise for the MLRO at Board and Risk/Compliance Committee meetings as required.

Training & Culture

• Deliver or coordinate AML/CFT training for staff and, where relevant, the Institution's agents/distributors under the EMD2 passporting/agent network model.
• Maintain training records to evidence compliance with ongoing FIAU training obligations.

Regulatory Change Management

• Monitor developments in EU AML legislation (AMLR, AMLD6, transition to AMLA supervision), MFSA Rules for EMIs, and FIAU guidance, and support gap analyses and implementation plans.
• Track interaction with PSD2/PSR safeguarding and operational resilience requirements (DORA) where these intersect with financial crime controls.

Payment-Specific Risk

• Apply AML/CFT judgement to PI/EMI-specific AML risk typologies
• Liaise with the Nominated Officer function (if separately constituted) on fraud-AML overlap cases.

Requirements

• Minimum 3–5 years' AML/CFT experience within a regulated financial services entity (prior experience within an EMI, payment institution is preferred). Direct prior experience as a Deputy MLRO is not mandatory - we are eager to consider high-potential Senior AML Specialists, Compliance Officers, or TM/EDD Leads ready to step into a leadership function.
• Working knowledge of the PMLFTR, FIAU Implementing Procedures, and MFSA Rulebook provisions applicable to EMIs (in particular the AML/CFT and governance chapters), or demonstrated capacity to rapidly master new regulatory frameworks.
• Familiarity with EMD2/PSD2 (and awareness of PSD3/PSR transitional provisions), and their interaction with AML obligations.
• Practical experience with transaction monitoring systems, sanctions/PEP screening tools, and goAML reporting (or transferable hands-on exposure to similar regulatory reporting platforms).
• Relevant professional qualification preferred (ICA Diploma in AML, ACAMS, or equivalent).
• Degree in Law, Finance, Criminology, or a related discipline preferred but not mandatory where offset by demonstrable experience and high potential.
• Eligible to be approved by the MFSA/FIAU as a Deputy MLRO under the fit and proper regime (no adverse findings affecting suitability).

Skills & Attributes

• Sound regulatory judgement and ability to make defensible, well-evidenced risk-based decisions under time pressure.
• Strong written communication skills for STR narratives, policy drafting, and regulator-facing correspondence.
• Ability to operate independently and deputise credibly for the MLRO, including representing the compliance function to the Board.
• Comfortable working within a second-line function that interacts closely with first-line operations, customer support, and payments teams.
• Discretion and integrity befitting a controlled-function role with access to sensitive customer and transactional data.

Benefits

• Private Health Insurance (after probation)
• Attractive office location and facilities
• Daily breakfasts and Friday lunches in the office
• Regular office & team building events

Join us at Trumia, where you can leave your mark on the future of financial services.

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