Compliance Officer - Permanent

Octium Group; Milano; In loco; EUR 50.000 - 70.000; Tempo pieno

Descrizione del lavoro

A leading insurance company in Milan is seeking a Compliance Officer to ensure adherence to regulatory standards and manage AML risks. The ideal candidate will have over 5 years of experience in the AML field, as well as strong understanding of Italian insurance regulations. Fluency in English and Italian is required, with a focus on strong communication skills. This is a permanent position offering the chance to contribute to compliance within a dynamic team.

Competenze

• Over 5 years of experience in an AML role.
• Over 5 years of experience in the Italian insurance or banking industry.
• Good understanding of the legal and regulatory environment of the Italian insurance industry.

Mansioni

• Ensure adherence to all global policies & standards, as well as Italian laws.
• Oversee AML responsibilities related to insurance policies.
• Report risks for the branch, assess and develop mitigation plans.

Conoscenze

Experience in AML

Understanding of Italian insurance law

Strong communication skills

Fluent in English and Italian

Formazione

University degree in Accounting, Business, Economics, Finance, or Law

Descrizione del lavoro

We are currently looking for a

• Compliance Officer
• to join our team in Milan on a permanent basis.
• Main Responsibilities
• You will ensure adherence to all global policies & standards, as well as Italian laws and regulations in the areas of Anti-Money Laundering (AML), Sanctions, and Anti-Bribery & Corruption (ABC) for the branch.
• You will oversee the execution of AML responsibilities related to insurance policies booked in Italy, including regulatory requirements issued by IVASS.
• You will report risks for the branch, assess risks and controls, and develop mitigation plans for senior management.
• Manage AML risks of the branch.
• Detect suspicious activities and file disclosures to the local FIU.
• Manage requests from authorities promptly and uphold high standards.
• Establish and ensure effective client risk sharing processes within the group.
• Provide adequate AML training for the branch staff.
• Ensure compliance of the first line of defense with client onboarding and KYC standards.
• Coordinate AML program reviews with internal auditors and external regulators.
• Support the entity in risk and control activities.
• Your Profile
• Over 5 years of experience in an AML role.
• Over 5 years of experience in the Italian insurance or banking industry.
• University degree in Accounting, Business, Economics, Finance, Law, or equivalent.
• Good understanding of the legal and regulatory environment of the Italian insurance industry (IVASS).
• Strong relationship management, communication, and presentation skills.
• Experience in designing, implementing, and managing a robust control environment from a second line of defense perspective.
• Strong team player with the ability to work independently and proactively.
• Fluent in English and Italian; additional languages are a plus.