FCC – Financial Crimes Compliance- Officer

Country: Italy

FCC – Financial Crimes Compliance- Officer
·Seniority level
Vice President
·Employment type
Full-time

Job Summary & Responsibilities

For an Italian branch of a European CIB bank active globally, the FCC Officer reporting to the local Chief Compliance Officer is in charge of ensuring that the Bank’s operations and business follow all relevant legal, regulatory, Group and internal rules, and of developing and implementing an effective compliance program for the Company, particularly on FCC matters (AML&CTF;, International Financial Sanctions and ABC).

The ideal candidate should have strong analytical, communication and writing skills, the ability to collaborate with others, manage projects and processes, as well as prioritize and balance the workload. In this role, the person would be expected to quickly gain an understanding of the bank’s CIB businesses in conjunction with the rules and regulations under which the bank operates and make executive decisions on behalf of the group, applying a risk-based approach.





More in detail, the FCC Officer core accountabilities are to:
- always identify the applicable regulatory and Group requirements, assess their impacts on the existing company processes and procedures, identifying potential gaps, supporting and advising the local and HQ Management and the other functions on those matters;
- advice the business functions and provide sound and reasonable opinion on FCC risks especially in relation to client onboarding and transactions;
- review and validate internal applicable Policies and Procedures and make them enforceable;
- assess the adequacy and the effectiveness of the organizational measures adopted to mitigate the FCC risk, suggesting measures to enhance the capacity of the compliance management system to mitigate the FCC risk also assessing their adequacy;
- coordinate and supervise FCC activities in accordance with the applicable legislation vs the 1st Lin

📌 FCC – Financial Crimes Compliance- Officer (Milano)
🏢 Banco Santander
📍 Milano