Client Onboarding Specialist

About Us
 

Rothschild & Co is a leading global financial services group with seven generations of family control and a history of over 200 years at the centre of the world's financial markets.

Our expertise, intellectual capital and global network enable us to provide a distinct perspective that makes a meaningful difference to our clients, communities and planet.

We have 4,600 talented specialists on the ground in over 40 countries around the world, enabling us to deliver a unique global perspective across four market-leading business divisions – Global Advisory, Wealth Management, Asset Management and Five Arrows.

As a family-controlled business built on relationships, we place a huge emphasis on our people and finding the right colleagues to take our business forward.

Rothschild & Co is committed to an inclusive and supportive environment where different perspectives are valued. We are focused on the attraction and recruitment, development and retention and progression of high calibre talent to ensure we and our clients benefit from the value of difference.

KYC - Client Onboarding Specialist

Location: Milan
Department: Operations | Client Lifecycle Management
Contract: Full-Time | Permanent | Base Salary Range: 38k-42k | CBA: banking, 3rd Professional Area

Overview of Role

The candidate will join the Operations – Onboarding team and will be responsible for the end-to-end management of the onboarding process for private and institutional Wealth Management clients, ensuring compliance with applicable regulations (AML/CFT, MiFID II, FATCA/CRS) and high operational quality standards.

The role involves autonomy in handling moderately complex cases and continuous interaction with Front Office, Compliance, and other internal functions, contributing to the management of operational and reputational risks.

Key Responsibilities

• Manage the end-to-end onboarding process (individual and corporate clients)

• Perform KYC and Customer Due Diligence activities (CDD/EDD)

• Collect and verify identification and corporate documentation

• Identify and verify Ultimate Beneficial Owners (UBO)

• Perform screening against sanctions lists, PEP, and adverse media

• Analyse client profiles and assign AML risk ratings

• Open accounts and securities accounts within internal systems

• Monitor documentation completeness and manage KYC remediation processes

• Handle client data updates and periodic reviews

• Support the management of complex cases (HNWI, trusts, complex corporate structures, NPOs)

• Coordinate with Front Office, Compliance, and Legal to resolve operational issues

• Ensure compliance with applicable regulations (AML/CFT, MiFID II, FATCA/CRS)

Requirements

• 2–5 years of experience in similar roles (investment firms, banks, wealth management)

• Strong knowledge of AML/CFT, MiFID II, FATCA/CRS regulations

• Familiarity with onboarding and KYC processes

• Analytical mindset with a risk-based approach

• Strong organizational skills and attention to detail

• Ability to work in a team and manage internal stakeholders

• Experience with HNWI/UHNWI clients

• Experience managing complex structures (holdings, trusts, international setups)

• Italian (mother tongue) - English (fluent) - French (preferable)