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Senior Compliance & AML Analyst

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Intesa Sanpaolo

1mo ago

  • Job
    Full-time
    Mid Level
  • Legal
    Banking & Finance
  • Frankfurt

AI generated summary

  • You need 4+ years in financial services, a relevant degree, knowledge of AML/CTF and sanctions, strong analytical skills, fluency in English and German, and the ability to handle pressure.
  • You will enforce compliance standards, conduct risk assessments, process suspicious activity, provide KYC guidance, manage audits, and support training and reporting on AFC and sanctions matters.

Requirements

  • Minimum 4 years of relevant work experience (within the financial services industry)
  • University degree in law, finance, economics or similar
  • Proven knowledge of European and German regulatory requirements within the areas of AML/CTF and Sanctions
  • Good knowledge of European and German regulatory requirements within WpHG area and relevant work experience, or willingness to acquire such knowledge within reasonable timeframe
  • Good understanding of corporate and investment banking products and processes, in particular Trade Finance, Payments, Lending and OTC Derivatives
  • Strong analytical, investigative and communication skills, high attention to details, strong team player
  • Ability to research laws and regulations and provide advice on their applicability within given environment
  • Ability to work under pressure, deliver high quality work and meet challenging deadlines
  • Very good English language skills, both written and oral
  • Very good German language skills both written and oral

Responsibilities

  • Support the Local Head of Compliance & Anti Financial Crime (the “LCO”) in implementing and enforcing the compliance standards of Intesa Sanpaolo and Frankfurt Branch in the following areas:
  • Anti Money Laundering, Countering the Financing of Terrorism, Anti Bribery and Corruption and other criminal offences (“AFC”)
  • Embargoes/ Financial Sanctions (“Sanctions”)
  • Capital Markets Compliance (“WpHG”)
  • Corporate Compliance
  • Contribute to further development of compliance standards of Frankfurt Branch in the above areas, including conducting regulatory gap analysis and drafting and updating relevant internal policies and procedures
  • Support the LCO in the preparation of the annual Risk Assessment of the Branch
  • Support the LCO in processing of suspicious activity cases and filing Suspicious Activity Reports concerning AFC related matters
  • Execute 2nd level compliance controls, address identified deficits and coordinate remediation processes
  • Carry out continuous Transaction Monitoring
  • Provide advice to the Branch’s staff in day-to-day operations with regard to applicable laws and regulations, with particular focus on KYC, Trade Finance and Sanctions
  • Coordinate the internal reporting towards the Head Office in Italy on day-to-day AFC related matters, support the LCO in preparation of the periodic information flows (AFC and Regulatory Compliance Reports, Control Reports, Compliance Advisory Reports etc.)
  • Support the LCO in the preparation and delivery of regular and event-driven trainings for the Branch’s staff
  • Support the LCO in the periodic external and internal audits
  • Support the LCO in the management of local committees
  • Act as deputy contact for regulatory and criminal prosecution authorities with respect to AFC and Sanctions related matters
  • Participate in new projects/ initiatives pursued by the Group and coordinate New Product Process, where applicable

FAQs

What is the primary role of the Senior Compliance & AML Analyst?

The primary role is to support the Local Head of Compliance & Anti Financial Crime in implementing and enforcing compliance standards, particularly in areas such as Anti Money Laundering, Financing of Terrorism, and Sanctions.

What are the minimum experience requirements for this position?

A minimum of 4 years of relevant work experience within the financial services industry is required.

What educational background is preferred for applicants?

A university degree in law, finance, economics, or a similar field is preferred.

What languages are required for this position?

Very good English and German language skills, both written and oral, are required for this position.

Is previous knowledge of European and German regulatory requirements necessary?

Yes, proven knowledge of European and German regulatory requirements in AML/CTF and Sanctions is necessary, along with a willingness to acquire knowledge in the WpHG area if not already possessed.

What skills are essential for a candidate applying for this position?

Candidates should have strong analytical, investigative, and communication skills, high attention to detail, and the ability to work under pressure and meet challenging deadlines.

Will the Senior Compliance & AML Analyst be involved in training staff?

Yes, the role includes supporting the Local Head of Compliance in the preparation and delivery of regular and event-driven training for the Branch’s staff.

What type of reports will the analyst need to prepare?

The analyst will need to support the preparation of various reports, including AFC and Regulatory Compliance Reports, Control Reports, and Compliance Advisory Reports.

Are there opportunities for involvement in new projects or initiatives?

Yes, the role involves participating in new projects and initiatives pursued by the Group and coordinating the New Product Process, where applicable.

Is teamwork important in this role?

Absolutely. The position requires a strong team player who can collaborate effectively with others within the organization.

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Intesa Sanpaolo

Finance
Industry
10,001+
Employees

Mission & Purpose

Intesa Sanpaolo is the largest banking group in Italy with a significant international presence. Its distinctive business model makes it a European leader in wealth management, protection and advisory and ensures its strong focus on digital. Its commitment to ESG foresees, by 2025, €115 billion of impact financing and contributions of €500 million to support people in need. Gallerie d'Italia, is the exhibition venue for the bank's artistic heritage and artistic projects of recognised value.