Are you an AML Specialist with hands-on experience in onboarding and monitoring SMEs in Italy? Do you have deep knowledge of local legal structures, business practices, and the key documents (those that local SMEs are accustomed to providing) needed for onboarding and ongoing monitoring to ensure compliance with local AML regulations? Are you also well-versed in local AML laws and eager to expand into other regulatory areas, such as Privacy and Consumer Protection, within a fast-paced FinTech environment?

We are looking for enthusiastic, motivated, and dedicated individuals eager to learn, grow, and make a meaningful impact. This mid-level position offers the opportunity to gain broad compliance experience, work on significant projects, and develop your skills under the guidance of seasoned Compliance professionals. As a stand-alone role, you will have full responsibility for all compliance aspects of the Branch, reporting directly to the Chief Compliance Officer (CCO) of Vivid Money S.A. Together with the Head of Branch, who will focus on commercial targets, you will form the branch management team and (both) serve as formal legal representatives of the establishment.

Vivid Money S.A. (as a part of the Vivid Money Group) is our electronic money institution which is registered and licensed in Luxembourg. We provide payment services both in B2C and B2B segments with more emphasis on B2B (SMEs). We operate from our Luxembourg headquarters under our own EMI license.

• 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.

• Act as the escalation point for the Compliance Operations team on complex cases.

• 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.

• Provide ongoing management reporting and maintain close collaboration with the Chief Compliance Officer.

• At least 5 years of relevant hands-on compliance experience, preferably in a FinTech serving SME customers; 

• 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;

• Strong attention to detail; highly driven and ambitious;

• Excellent written and spoken English skills, native knowledge of Italian language; 

• Competitive salary package.
• Participation in our Employee Stock Option Programme.
• Flexible working hours and hybrid working model.