MLRO – eToro Money

eToro is the trading and investing platform that empowers users to invest, share, and learn. We were founded in 2007 with the vision of a world where everyone can trade and invest simply and transparently. We have created an investment platform that is built around collaboration and investor education. On our platform, users can view other investors’ portfolios and statistics, and interact with them to exchange ideas, discuss strategies, and benefit from shared knowledge. We have 40 million registered users from 75 countries, and our platform is available in 20 languages. eToro is an innovative, fast-growing business and is listed on Nasdaq in May 2025. We have over 1,500 employees across more than 10 offices around the globe, strategically positioned to serve the needs of users. You can find out more about eToro here.

About the role

To support eToro Money’s rapid growth, we’re looking for a hands-on, “roll up your sleeves” MLRO to join eToro Money Malta and play a key role within eToro Money’s Group Governance, Risk and Compliance Function.

This is an exciting opportunity for a motivated compliance professional to make an impact in a fast-paced, technology-driven financial services environment.

About you

The person taking on this role will most likely be someone who:

• Has a strong background in AML/CFT with exposure to broader compliance matters within financial services, ideally within e-money, payments, trading/crypto or banking.
• Has operated as an MLRO or in a senior AML capacity, with demonstrable experience performing MLRO responsibilities, exercising independent judgement, and taking ownership of regulatory outcomes.
• Combines strong technical knowledge with practical compliance experience, and the confidence to engage with and challenge senior stakeholders where required.
• Is detail-oriented, reliable, and collaborative, with a hands-on approach and the ability to operate effectively in a fast-paced, regulated environment.
• Demonstrates a high level of integrity, sound judgement, and a critical, questioning approach to managing financial crime risks and regulatory obligations.

Responsibilities

• Act as the appointed MLRO for the Company, holding overall responsibility for AML/CFT matters and exercising independent judgement in the performance of the role, including direct access and escalation to senior management and the Board.
• Identify, implement, and maintain effective controls to prevent financial crime, money laundering, and terrorist financing, ensuring these operate in line with the Company’s risk appetite and are informed by the Company’s Business Risk Assessment.
• Own and maintain the Company’s AML/CFT framework, including the Business Risk Assessment, ensuring it remains effective, up to date, and aligned with regulatory expectations.
• Collaborate closely with the AML/CFT function to oversee customer due diligence (CDD/KYC), transaction monitoring, suspicious activity reporting, and the broader financial crime framework.
• Review all internal Suspicious Activity Reports (SARs) and, where appropriate, submit reports to the FIAU, and act as the primary point of contact with the FIAU and relevant law enforcement authorities.
• Provide regular reporting to Management and the Board on the effectiveness of compliance procedures, key metrics, and regulatory developments.
• Serve as the primary point of contact for the MFSA and FIAU. Lead communications and coordinate responses during regulatory inspections or supervisory engagements, ensuring timely remediation of findings.
• Lead and manage regulatory reporting obligations to the MFSA, including periodic returns, supervisory questionnaires, and notifications relating to governance, shareholders, and business model changes.
• Oversee the fitness and propriety assessments of Certified Function holders on a regular basis.
• Assess and enhance the adequacy and effectiveness of compliance policies, measures, and procedures, ensuring they meet all regulatory requirements. Lead bi-annual reviews and updates for Board approval.
• Conduct compliance oversight of all activities outsourced to other eToro group entities, ensuring alignment with regulatory expectations.
• Maintain a forward-looking understanding of the evolving regulatory landscape affecting eToro Money as an authorised Electronic Money Institution (EMI) and Payment Services Provider, and lead proactive engagement with regulators, including the assessment and implementation of regulatory changes, as well as monitoring relevant developments in adjacent frameworks such as MiCA and MiFID.
• Provide regulatory guidance and advice on new products and services to ensure alignment with applicable laws and regulations.
• Ensure all staff receive appropriate AML/CFT training, and contribute to the design and delivery of training and awareness sessions across the organisation.

• Significant experience in AML/CFT, ideally gained as an MLRO or in a senior AML function, with direct exposure to MLRO responsibilities and a proven track record of exercising independent judgement and decision-making.
• Strong knowledge of European AML/CFT regulations, particularly within Electronic Money and Payment Services frameworks and their implementation under Maltese law, including the PMLFTR and FIAU Implementing Procedures, with working familiarity across adjacent regimes including MiCA and MiFID.
• Proven experience engaging with regulators, particularly the MFSA and FIAU, as well as other financial services authorities and law enforcement agencies. Candidates who are already PQ’d by the MFSA will be considered favourably.
• Hands-on experience in preparing and submitting statutory and regulatory reports, including direct liaison with regulators.
• Strong communication, analytical, and influencing skills, with the ability to engage effectively with senior stakeholders, regulators, and external advisers on complex regulatory matters.
• Excellent organisational skills, with the ability to manage multiple priorities, deliver under pressure, and contribute to decision-making at senior levels.
• Experience operating within an international environment, with the ability to collaborate effectively across multiple jurisdictions.
• Willingness to travel, including overseas, when required.
• A degree-level education is preferred but not essential; a formal AML qualification will be considered an advantage. Proficiency in multiple languages is also beneficial.

Why join us?

We are an inclusive and social team, based in fantastic offices in Mosta, Malta and working a hybrid home and office arrangement. We love what we do and are proud of our culture of flexibility and autonomy.

Our benefits include medical cover, lunch allowance, as well as additional leave days – our highly valued recharge days. We have lots of other cool perks like team activities, eToro swag, birthday money and many other special touches to keep you happy.