IMI CIB - ISPBL - AFC officer

Scope and Purpose

Responsible for implementing and monitoring the Bank's AFC programme, with reference to ensuring compliance with global sanction regimes and international tax compliance framework. He/she shall:
•    Assist in developing, implementing, maintaining and enhancing the Anti-Financial Crime policies, procedures, and controls of the Bank
•    Analyse complex AFC regulatory questions and make policy recommendations in response to such question
•    Assist in carrying out the risk assessment of products, services, and customers
•    Ensure compliance with current AFC regulations, and other relevant legislation 
•    Monitor and review transactions, customer activity and other relevant data to identify potential sanctions breaches
•    Conduct sanction screening and investigation in accordance with internal policies and regulatory requirements
•    Maintain up-to-date knowledge of global sanction regimes (UN, EU, OFAC UK and other relevant jurisdictions)
•    Assess and enhance due diligence frameworks to ensure consistency with tax reporting obligations
•    Execute and oversee second level controls on due diligence processes related to tax compliance
•    Assist in overseeing and implementing an ongoing AFC training program for other employees
•    Collaborate with internal stakeholders (Legal, Operations, Risk Management, Finance) to ensure risks are effectively managed.

Other responsibilities include payment fraud prevention, transaction monitoring and reporting suspicious activities to the authorities.

Required Experience

3-5 years of experience in the role is required.

Competencies Required

• Master’s degree in Finance, Law, Economics or a related field, with focus in Global Sanctions or Tax Law
• Certification, like ACAMS, ICA, CAMS-FCI or in Tax Compliance, is a plus
• Proven experience in Financial Crime compliance with a focus on sanctions screening and monitoring
• Previous experience in a tax or a law consultancy firm is considered a strong advantage
• Strong knowledge of international sanctions regime and regulatory expectations
• Solid knowledge of international tax compliance regulations, including FATCA/CRS, QI agreement and CESOP reporting
• Familiarity with sanctions screening tools and financial crime monitoring systems
• Strong analytical and investigative skills, with keen attention to detail
• Excellent communication skills, both written and verbal, with the ability to explain complex regulatory requirements to non-specialist
• Fluent both in English and French
• A good proficiency in Italian would be considered as a plus.

In accordance with the law of July 23, 2016 (Art. 8-5), and as part of Intesa Sanpaolo Bank Luxembourg pre-hire background screening process, we apply a risk-based approach to determine the requirement of carrying out such checks on candidates, including criminal record checks. This role is judged to be sufficiently sensitive to warrant carrying out a criminal record check. By applying to this job you are consenting Intesa Sanpaolo Bank Luxembourg to completing background checks including criminal record checks