Are you an AML professional with hands-on experience onboarding and monitoring SMEs in Italy? Do you understand local legal structures, market practices, and the documentation typically required from Italian businesses to ensure compliant onboarding and ongoing monitoring? Are you confident navigating Italian AML regulations and interested in broadening your expertise into adjacent areas such as Privacy and Consumer Protection within a fast-moving FinTech environment?

We’re looking for a driven and proactive compliance specialist who wants to make a tangible impact. This position offers the opportunity to gain broad compliance experience, work on significant projects, be involved in high-priority initiatives, and develop your skills under the guidance of seasoned Compliance professionals. As a stand-alone function, you will hold end-to-end responsibility for compliance within the Italian branch, while also contributing to operational improvements and process optimization across the branch.

You will be part of the Operations, with your main reporting line into the Operations team and a functional reporting line to the Chief Compliance Officer (CCO) of Vivid Money S.A. Together with the Head of Branch, you will form the local management team and act as formal legal representatives of the establishment.

• Own the Compliance Operations methodology for local AML processes, including onboarding and monitoring different legal forms, determining required documents, and setting relevant screening questions. 
• Continuously monitor customer challenges during onboarding and ongoing monitoring, refining methodologies and processes as needed. 
• Lead, document, and improve different AML processes, ensuring processes and guidelines remain up to date
• Report suspicious activities to the local FIU. 
• Oversee local regulatory reporting, including managing relationships with outsourced service providers. 
• Own and maintain branch compliance policies and procedures. 
• Lead the branch’s Compliance Monitoring Program and Quality Assurance Program. 
• Track changes in local laws and regulations. 
• Engage with regulators as needed, ensuring compliance with regulatory expectations. 
• Proactively spot deficiencies across teams and initiate internal AML training to ensure processes are applied correctly and consistently.
• Analyse operational data (with our data team) to spot risk trends and identify potential AML, terrorist financing, or sanctions evasion patterns.
• Act as the main point of contact for process questions or escalations and support junior team members when required.

• At least 5 years of relevant hands-on compliance experience in handling real customer cases, including onboarding, monitoring, and escalations.
• Strong SME / business client compliance background.
• Experience interacting with regulators and auditors, including preparation for and participation in audits.
• Experience with leading compliance projects A-Z.
• Self-starter with proven ability and track record in analysing operational work in AML operations, identifying process gaps and pro-actively driving improvements. 
• Well-structured work ethic, disciplined self-starter and able to work independently.
• Comfortable managing multiple priorities and deadlines in a fast-paced environment.
• Practical, business-oriented mindset, strong attention to detail, and solid understanding of local market practices.
• Alignment to our company values and ability to convey them to the rest of the team – you are customer-obsessed, unstoppable, owner and radically honest.
• Fluent in English and Italian, both written and spoken.

• We have a hybrid model in our Milan office, or fully remote from Italy. 
• This is a senior-level position with a competitive salary and benefits package. 
• Real growth prospects, significant responsibility, and the ability to make an immediate impact from day one!