Financial Crime Compliance Senior Specialist

The Financial Crime Compliance Senior Specialist is part of the Financial Crime Compliance (FCC) Advisory team, within the broader FCC function reporting to the Head of Compliance & AML.

The FCC Advisory team provides specialist advisory support to all business lines (Retail and Wholesale Banking) and Senior Management, contributing to the definition and implementation of regulatory requirements across the Bank’s policies, processes, procedures and control framework, in collaboration with the relevant Financial Crime Compliance functions at Head Office.

The team is responsible for monitoring and interpreting applicable anti-money laundering legislation and regulatory provisions, defining AML risk governance policies, assessing the money laundering risk associated with new services and products, supporting enhanced due diligence processes, and contributing to the preparation of the AML training plan in collaboration with the Human Resources department.

The FCC Advisory team is also responsible for preparing and submitting mandatory regulatory reports to the competent authorities.

Key Responsibilities:

• Monitor developments in the regulatory framework and assess their impact on the internal control framework and business operations.
• Develop a strong understanding of local business practices and strategy in order to provide effective support and advice to the business, acting within the Italian AML framework and the ING Group FEC Policy, while continuously assessing, improving and monitoring the effectiveness of the AML risk management framework.
• Ensure the proper drafting, update and implementation of the internal control framework (policy & procedure maintenance, key control execution, KRI monitoring), in line with the global internal governance framework.
• Provide specialised advisory support to business and operations units on complex AML matters relating to clients, products, transactions, acting as a technical point of reference for Wholesale Banking and Business Banking departments.
• Coordinate and strongly contribute to AML/Compliance internal projects and initiatives at both local and global level, including risk and control assessments, in collaboration with relevant local units across the first and second lines of defence.
• Support the management of relationships with supervisory authorities, including the preparation of mandatory reporting and analyses in response to requests for information.
• Support the preparation of internal reports and reporting flows for governance bodies and the Group functional line, ensuring effective communication.
• Deliver training and awareness activities to relevant staff on AML topics.

All of the above should be carried out through constructive interaction with local and global stakeholders, with a strong focus on quality, efficiency, effective communication, collaboration and trust-building.

Educational and Experience Qualifications, Language:

• You have 7+ years of experience in AML risk management within banks or advisory firms, with a focus on the Wholesale / Corporate Banking industry.
• You have a university degree (or equivalent) in Economics or Law.
• You have excellent proficiency in written and spoken English.

Technical and Soft Skills

• You have strong analytical skills and are able to critically assess data and information.
• You have a technical background to understand and steer data flows, identify control gaps and assess related risks.
• You are able to challenge and collaborate effectively with subject matter experts when assessing regulatory requirements and the related risks applicable to the Bank’s activities.
• You are able to speak up with your manager and peers and defend a consistent approach.
• You are an energetic and motivating person who can work effectively as part of a multidisciplinary team with a solution-oriented mindset.
• You are able to manage your tasks with a high degree of autonomy, prioritise effectively, and deliver high-quality work within agreed deadlines.
• You work independently, exercise sound judgement and take accountability for your area of responsibility.
• You are a team player who fosters trust and is regarded as trustworthy by others.
• You proactively maintain relationships with stakeholders and relevant external parties.
• You promote cross-border interaction and alignment, where applicable.
• You give and seek constructive feedback.
• You contribute positively to the development of others by sharing knowledge, providing support and fostering collaboration.
• You adhere to ING’s values, and your behaviour is fully aligned with them.

Working conditions: Full Time

Duration: Permanent

Location: Milan (hybrid) 

About ING

ING offers many opportunities to build a diverse and rewarding career. You will be joining an international innovative digital bank, the first in Italy to adopt a fully flexible smart working model, and you will be working in a stimulating environment where you can grow both as an individual and as a professional. Our purpose - empowering people to stay a step ahead in life and in business - represents our belief in people’s potential. We don’t judge, coach or to tell people how to live their lives. We empower people and businesses to realize their own vision for a better future.
#doyourthing is our brand direction with us each and every day. It is how we articulate our purpose and our promise to make banking frictionless to the world.
‘do your thing’ is about people being free to live the life they want to live, knowing that they will make their world a little better for it.
Do you think you are "a step ahead"? Apply now!
 

The benefits of joining ING

In addition to being a part of a great team, working in a fun and innovative environment, we offer:

• Super flexible smart working

• Competitive base salaries and performance based bonuses

• Diverse cultures & Innovative mindsets

• International Environment

• Commitment to sustainability

• Lots of training development opportunities to help you grow

• Lots of moments dedicated to physical and mental well-being

• A special day off when it is your birthday: we call it #doyourbirthday!

• And of course we can’t forget: free water & coffee at the office! 

Our Commitment

Diversity is a fundamental element of our corporate culture, and we are fully committed to creating a safe and inclusive environment, based on mutual respect and the value of diversity, offering equal job opportunities to all qualified candidates.

Job Application Safety Reminder ⚠️

We’re seeing an increase in fraudulent job offers. To protect yourself, please follow these key guidelines when applying for roles at ING:

• Apply only via official ING platforms: ING uses Workday as its internal recruitment system. Applications should be submitted only via our official career site.

• Check the sender’s email carefully: legitimate communication will always come from: @ing.com and/or @myworkday.com

• No payments or banking details will ever be requested. If someone asks for this information, it’s a scam.

If you suspect suspicious activity, report it immediately. Your safety matters to us.