Junior Compliance Analyst - Fixed Term Contract 12 months

Utmost Group; Lombardia; On-site; EUR 32,000 - 36,000; Full time

Job summary

Utmost Group is recruiting a temporary Junior Compliance Analyst for our Italian Branch based in Milan. You will support the AML/CDD program, assist in regulatory investigations, and help maintain data quality across regulatory and tax reporting processes.

You will collaborate with cross-functional teams to ensure compliance with applicable laws and internal standards, while developing your expertise in AML/CTF, risk assessment, and governance practices in a dynamic financial services

Qualifications

• Master’s degree in Economics, Law or a related discipline, ideally with a focus on Compliance, Internal Controls, Risk Management or similar fields.
• Minimum 1 year experience in AML and Compliance related function, preferably in the insurance/banking sector.
• Good command of MS Office applications.
• Well-organised, proactive and able to manage daily tasks independently.
• Strong attention to detail and a rigorous approach to ensure accuracy and compliance.

Responsibilities

• Conduct Customer Due Diligence (CDD) and AML screening on prospective and existing clients using industry-standard tools.
• Assist in performing CDD reviews, checklists and contractual documentation for accuracy and regulatory compliance.
• Assist in performing AML and CTF investigations.
• Assist in the preparation and documentation of suspicious transaction reviews and reports.
• Execute data quality checks on regulatory and tax reports using Excel and internal systems.
• Contribute to the execution of compliance monitoring checks and controls per local plan.
• Liaise with local business units and Head Office to retrieve outstanding documents.

Skills

MS Office

Analytical thinking

Team player

Education

Master’s degree in Economics or Law or related field

Tools

MS Office

Job description

About Utmost International

Utmost International is a leading provider of insurance-based wealth solutions operating across the UK, Europe, Latin America, Asia, and the Middle East. Its solutions are largely based on unit-linked insurance policies, serving the needs of affluent, high net worth (HNW), and ultra-high net worth (UHNW) individuals.

About Utmost Luxembourg S.A.

Sitting at the crossroads of private banking, asset management, and insurance, we operate in a well-established and fast-growing division of the financial services industry. Our dynamic international team of 450+ experienced wealth structuring specialists, subject-matter and technical experts consists of 50 different nationalities, speaking over 30 languages.

About Utmost International

Utmost International is a leading provider of insurance-based wealth solutions operating across the UK, Europe, Latin America, Asia, and the Middle East. Its solutions are largely based on unit-linked insurance policies, serving the needs of affluent, high net worth (HNW), and ultra-high net worth (UHNW) individuals.

About Utmost Luxembourg S.A.

Sitting at the crossroads of private banking, asset management, and insurance, we operate in a well-established and fast-growing division of the financial services industry. Our dynamic international team of 450+ experienced wealth structuring specialists, subject-matter and technical experts consists of 50 different nationalities, speaking over 30 languages.

We are a diverse and inclusive organisation driven by a values-based culture that promotes excellence, ambition, and innovation. We invest in talented teams who develop their expertise, curated through support and training, and fostered through a people centred culture. Our people truly are our greatest asset!

Your role – Are you ready for a challenge?

We are looking for a temporary Junior Compliance Analyst to join our Italian Branch Compliance team based in Milan.

As part of the Compliance team, you will help safeguarding the reputation of Utmost Luxembourg SA. Operating as a component of our second line of defense, you will support the compliance function in the management of regulatory compliance and AML/CTF risks, ensuring all operations align with the letter and spirit of relevant laws, regulations, and market standards.

The Junior Compliance Analyst Is Accountable For

• Conduct Customer Due Diligence (CDD) and AML screening on prospective and existing clients using industry-standard tools for Anti-Money Laundering (AML) CDD (e.g., World-Check, Cerved, SGR Compliance Daily Control/Internet research);
• Assist in performing CDD reviews checklists and contractual documentation for accuracy and regulatory compliance;
• Assist in performing AML and CTF investigations;
• Assist in the preparation and documentation of suspicious transaction reviews and reports;
• Execute data quality and completeness checks on regulatory and tax reports utilizing Excel and internal corporate reporting systems;
• Contribute to the execution of compliance monitoring checks and controls, as outline in the local Controls Monitoring Plan;
• Liaise with local business units and Head Office colleagues to efficiently retrieve outstanding or pending compliance documentation;
• Oversee departmental mail administration, ensuring the secure and timely receipt and distribution of documentation;
• Maintain active, collaborative communication with cross-functional teams to meet collective compliance objectives.

Your profile – Have you got what it takes to become our Junior Compliance Analyst?

• Master’s degree in Economics, Law or a related discipline, ideally with a focus on Compliance, Internal Controls, Risk Management or similar fields;
• Minimum 1 year experience in an Anti-Money Laundering (AML) and Compliance related function, preferably in the insurance/banking sector;
• Good command of MS Office applications;
• Well-organised and flexible approach, proactive, detail-oriented, and able to manage daily tasks independently;
• High attention to detail and a rigorous approach to work, ensuring accuracy, consistency and compliance with high-quality standards;
• Able to work under pressure, manage multiple tasks and priorities and meeting tight deadlines;
• Strong analytical mindset and problem-solving capabilities, with the ability to assess complex situations and identify effective, data-driven solutions;
• Collaborative and proactive team player;
• Italian (Native speaker), English (Fluent), and French is an asset.

Indicative annual salary range from 32,000 EUR to 36,000 EUR for this role in Milan, expressed in Euro on a full-time basis. Position in the range is determined by the skills and experience of the selected candidate measured against the role requirements, alongside internal equity, that is, how the offer sits relative to colleagues in comparable roles at the same level. We do not ask for, and do not take into account, your current or previous salary.

As an equal opportunity employer, all qualified applicants will receive consideration for employment without regard to gender, colour, religion, sexual orientation, national origin, disability status, protected veteran status, or any other characteristic protected by law.

Given the sensitive nature of our business, industry sector and the role as described, the selected candidate is required to provide a criminal record (Bulletin n°3 for Luxembourgish residents). This excerpt will be kept by Utmost Luxembourg S.A. in compliance with article 8-5 (2) of the law of 23 July 2016 and for no longer than one month from the conclusion of the employment contract; otherwise, it will be destroyed without any undue delay should the candidate not be hired.

Utmost Luxembourg S.A. is aware of its obligations under the General Data Protection Regulation (GDPR) and is committed to processing your data securely and transparently.

Our Recruitment Privacy Notice is in line with GDPR and provides more information with regards to the types of data that we collect and hold on you as a job applicant, including for the performance of Background Checks. It also sets out how we use that information, how long we keep it for and other relevant information about your data. For full details please click here Recruitment Privacy Statement

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