About Alt21
Alt21 is a fintech building the next generation of alternative banking. Our platform and API help businesses move, protect and grow their money at scale. We’re dual-regulated as an Investment Firm and a Financial Institution, and we’re growing fast across the UK and Europe.
The role
We’re looking for an MLRO and CO to lead compliance and AML for our Malta entity, and to help shape how we grow.
This is a chance to be part of the business rather than sitting on the sidelines of it. You’ll work closely with the team as we launch new products and enter new markets, spotting the regulatory angles early and helping us find the right way forward. Your expertise will have a real say in how a fast-scaling platform is built.
You’ll report to the Managing Director and the Board, and be our main point of contact with the MFSA and FIAU, building strong, open relationships with both.
What you’ll do
• Own our AML/CFT and compliance frameworks, shaping the policies, procedures and monitoring that keep us on the front foot
• Lead as MLRO, reviewing and escalating suspicious activity and making STR/SAR submissions to the FIAU
• Guide how we onboard and get to know our clients, including CDD and EDD
• Make sure sanctions screening and regulatory reporting, such as REQ submissions, run smoothly
• Keep our Compliance Manual and policies clear, current and useful
• Run compliance monitoring and keep us well within our licence conditions
• Build strong relationships with the MFSA and FIAU across engagement, filings and inspections
• Work hand in hand with product and technology to build compliance into the platform from the start, so controls grow with the business rather than hold it back
• Find smarter ways to use technology and automation across onboarding, screening, monitoring and reporting
• Help the whole team understand AML/CFT and compliance through engaging training
• Keep the Board informed with clear reporting on regulatory developments and key risks
What you’ll bring
• Solid experience in compliance and MLRO roles in regulated financial services
• A background in EMI and/or MiFID-regulated businesses
• A strong grasp of EU AML/CFT frameworks
• Confidence working with regulators, ideally the MFSA and FIAU
• A commercial mindset and a knack for linking regulation to product strategy and growth
• Enthusiasm for technology-led ways of working; experience with RegTech, automated screening or transaction monitoring tools is a plus
• Sound judgement, clear communication and the independence a controlled function calls for
• As this role requires MFSA approval through a Personal Questionnaire (PQ), you’ll ideally have been through a PQ before. If not, our legal counsel will support you through an assessment.
Benefits
• Equity in a high-growth European fintech
• Private health insurance
• An office with a gym and sauna
• Hybrid working, with one day a week from home