Financial Crime Compliance Analyst (Crypto & Banking)

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)