IMI CIB - Deputy Compliance & AML Officer

Scope and Purpose

• 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 procecution 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

Required Experience

Minimum 5 years of relevant work experience (within the financial services industry)

Required Qualifications, Skills and Knowledge

• 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 knowleged 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