(Senior) AML & Compliance Officer - Italy (m/f/x)

The Senior AML & Compliance Officer at Scalable Capital in Italy is responsible for a range of crucial tasks including the development of local risk assessments, monitoring compliance, reporting to management, and creating internal training programs for the staff. The role also requires liaising with various internal teams to ensure all Italian AML and compliance requirements are effectively implemented.

To apply for the (Senior) AML & Compliance Officer position at Scalable Capital, candidates need a degree in law, economics, or a similar field, along with extensive experience in Banking, Fintech, startups, or consultancy. Familiarity with the applicable legal frameworks, especially MiFID II and the Italian Financial Act, is essential, as is fluency in both Italian and English.

Preferred candidates for the (Senior) AML & Compliance Officer role at Scalable Capital should have several years of relevant experience in areas like Banking, Fintech, or consulting, particularly in roles that have an international dimension. Previous experience in a similar position within the Fintech industry would be highly beneficial.

Scalable Capital offers a range of attractive benefits to its AML & Compliance Officers, including flexibility in remote work, an opportunity to work abroad, a supportive work environment with the latest tools and hardware, a generous vacation policy, and an exciting compensation package. Additionally, there is an individual education budget for continuous professional development.

Scalable Capital promotes a positive work culture by fostering diversity, inclusivity, collaboration, and creativity among its employees. The company supports learning and growth through in-house knowledge sessions and provides additional resources for education, encouraging employees to develop both personally and professionally.

In my previous roles, I have accumulated significant experience in AML compliance within Fintech and banking environments, successfully developing risk assessments and implementing compliance procedures. I’ve worked collaboratively with various teams to ensure the adherence to regulatory frameworks, which I believe aligns well with Scalable Capital’s requirements.

To monitor compliance effectively, I would implement a systematic approach that includes regular audits, establishing clear communication channels with teams, and keeping updated with changing regulations. Using analytics to track compliance performance metrics also helps identify areas of improvement, which I would address promptly.

Certainly! In a prior position, I encountered a compliance violation during an audit, where a team member inadvertently failed to file necessary reports. I immediately addressed the issue by communicating with the team, conducting additional training sessions, and implementing stricter monitoring processes. This experience reinforced the need for constant vigilance and proactive education within the team.

When developing compliance training materials, I focus on clarity, relevance, and engagement. I combine practical case studies with interactive elements to make the content relatable. It’s also important to tailor the training to the specific teams and their roles to ensure maximum effectiveness.

MiFID II significantly reshaped the regulatory landscape for investment firms, enhancing transparency and investor protection. It introduces new requirements for reporting, transaction transparency, and client classification. I’ve stayed updated on how it applies specifically in different contexts, including Fintech, which is crucial for my role as an AML & Compliance Officer.

I approach risk assessment in AML by conducting thorough analysis and mapping out potential risks associated with money laundering and terrorist financing. This includes reviewing transactions, understanding client profiles, and staying updated on regulatory changes. Collaboration with relevant teams is also vital for a comprehensive assessment.

I utilize multiple resources to stay updated, including attending relevant webinars, subscribing to regulatory newsletters, and actively participating in industry forums. Networking with peers in the compliance field helps as well, as sharing insights and experiences keeps me informed of the latest changes and best practices.

In my previous roles, I have frequently liaised with regulatory bodies, handling compliance reporting and audits. I understand the importance of maintaining transparent communication and fostering relationships with regulators to ensure that all compliance obligations are met promptly and accurately.

To promote a culture of compliance, I believe in leading by example and creating an open environment where employees feel comfortable discussing compliance-related issues. Regular training, celebrating compliance successes, and integrating compliance into the company’s core values are essential strategies I would implement.

I am drawn to Scalable Capital because of its commitment to innovation and customer focus in the Fintech space. The opportunity to work in a collaborative and inclusive environment aligns with my professional values, and I am excited about the potential to contribute to a company that is making a significant impact on individuals’ financial futures.