About this role
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 .
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)