Compliance Manager

  • Basis:  Full-Time
  • Closing Date:  13 Aug, 2020
  • Job Ref:  KMP-54401

Job Description

Truevo Payments Ltd is a financial institution licensed by the MFSA and is a principal member of Visa and MasterCard. Truevo offers a range of payment services (acquiring) across multiple channels.

As part of our growth strategy, an opportunity has arisen for a Compliance Manager within our team in Malta. If you have relevant experience and are looking for career advancement this is your opportunity.

You will be reporting to the Head of Legal and Compliance.

Key Functions:

  • Responsible for ensuring that the company’s policies and procedures comply with regulatory and ethical standards
  • Develop and oversee control systems to prevent or deal with violations of legal and compliance guidelines and internal policies
  • Evaluate the efficiency of controls and improve them continuously
  • Revise procedures, reports, etc. periodically to identify hidden risks or non-conformity issues
  • Draft, modify and implement company policies
  • Collaborate with various departments to monitor enforcement of standards and regulations
  • Perform periodic compliance risk assessments in line with a compliance monitoring program
  • Lead employee training sessions on compliance issues
  • Assess the company’s future ventures to identify possible compliance risks
  • Keep abreast of regulatory developments within or outside of the company as well as evolving best practices in compliance control
  • Prepare compliance reports for the Head of Legal and Compliance and external regulatory bodies as appropriate
  • Act as a contact point with regulatory bodies and the payment card schemes as required

Skills and Experience:

  • A minimum of 3 years’ experience working as a Compliance Officer, Compliance Manager or similar position in the banking or payments industry. Candidates that have completed a PQ (Personal Questionnaire) with the MFSA will be considered as a valuable asset
  • In-depth knowledge of the payments industry standards / processes and regulations (including the payment card schemes regulations)
  • Experience in communicating with local regulators
  • Excellent knowledge of reporting procedures and record-keeping
  • Methodical and diligent with outstanding planning abilities
  • Excellent communication skills


  • Degree in law, finance, business administration or related field
  • Certification as a compliance professional is an asset

Personal attributes:

  • High sense of integrity and respectful, towards fellow colleagues and customers
  • Able to work with minimum supervision at times and deliver within strict deadlines
  • Motivated, reliable and self-driven individual
  • Passion and positive attitude towards work
  • Organised, efficient, looking to progress and succeed within a results-driven team