Compliance Officer

Lombard Odier & Cie; Milano; In loco; EUR 50.000 - 80.000; Tempo pieno

Descrizione del lavoro

A leading financial institution is seeking a Compliance Officer for its Milan branch. The role involves managing compliance matters, acting as MLRO, and ensuring adherence to complex regulations. The ideal candidate will have substantial experience in compliance, excellent communication skills, and a strong understanding of the financial sector.

Competenze

• 7-10 years’ experience as compliance advisor, lawyer, or senior compliance executive.
• Experience in investment compliance.
• Proficiency in Italian and English required.

Mansioni

• Act as MLRO towards local authorities.
• Interpret Italian compliance regulations and train staff.
• Validate clients in the onboarding of Private Banking clients.

Conoscenze

Analytical skills

Written communication

Verbal communication

Commercial understanding

Initiative

Formazione

Bachelor's or Master's Degree in Law or Economics

Descrizione del lavoro

A career at the Lombard Odier Group is something to be proud of. Our mission is to protect and grow our clients’ wealth - but not by any means necessary. Sustainability is at the heart of everything we do and we treat our clients’ wealth as if it were our own. We protect our clients’ assets for the long-term using expertise and innovation, all underpinned by our Rethink Everything philosophy. Our colleagues are the foundation of our success. We employ people at different life stages, from graduates to executive level leaders. The one thing they all have in common is that they seek to challenge the status quo, are imaginative and have the ability to offer a fresh perspective.

Lombard Odier (Europe) SA (further: “LOESA”) is looking for a Compliance Officer to manage the compliance topics of the Italian branch, based in Milan, and the LOESA head-office compliance activities.

1. Key Responsibilities :

Compliance function Italian Branch only

1. Act as MLRO (Money Laundering Responsible Officer) of the branch towards the local authorities
2. Interpret Italian compliance regulations, in particular related to investment compliance, conduct training, and disseminate appropriate compliance awareness/policies to staff
3. Be the point of contact with the Italian supervisory authorities in the areas of compliance
4. Focal point for all requests related to Bank of Italy, Consob, and Agenzia delle Entrate regulatory reporting

Compliance function Italian & Luxembourgish Branch

1. Validation of clients in the onboarding of Private Banking clients
2. Regular review of PEPs / Very High risk / High-risk clients and present to the appropriate body
3. Provide advice in relation to the business units and manage re-classification requests
4. Provide advice and support, in relation to all AML matters, to: Front Office, Credit department, Client Lifecycle Management, and other teams in relation to joint functions
5. Provide necessary support to Audit and Operational risk, ensure effective and timely implementation of audit issues
6. Ensure update of AML / CTF related policies / procedures and provide input to other policies / procedures where compliance expertise is required
7. Cooperate with the Front Office in a timely manner to adhere to both regulatory and policy requirements while considering business objectives
8. Ensure keeping an orderly audit trail of activities and escalating violations

2. Desired Profile :

• Bachelor's or Master's Degree in Law or Economics
• 7-10 years’ experience as compliance advisor, lawyer, or senior compliance executive (prior experience in investment compliance is key)
• Excellent drafting and analytical skills
• Strong sense of initiative with the ability to develop “work-around” solutions
• Strong commercial understanding and approach
• Flexible, results-oriented, motivated, and task-focused with the ability to meet tight deadlines
• Excellent written and verbal communication skills
• Excellent organizational skills
• Proficiency in Italian and English is a must; any other language (like French) is an advantage

If you recognize yourself in this description, then please do apply. We look forward to hearing from you.