Anti Financial Crime Oversight, Controls

Anti Financial Crime Oversight, Controls & Risk Assessment SeniorJoin to apply for the Anti Financial Crime Oversight, Controls & Risk Assessment Senior role at Generali Anti Financial Crime Oversight, Controls & Risk Assessment SeniorJoin to apply for the Anti Financial Crime Oversight, Controls & Risk Assessment Senior role at Generali Within the Group Anti Financial Crime Office function. we are looking for a talented and proactive resource to join the team, who has the responsibility to supervise, monitor, control, and coordinate the activities of the Local AFC Officers of the perimeter for what concerns Anti Money Laundering, Terrorism Financing, International Sanctions and Anti Bribery and Corruption. The job holder can be based in Milan, Trieste or Rome. Key responsibilities of the role will include: Liaising regularly with the Board members of the entities in perimeter appointed as responsible for the AML/CTF topics, discussing the status of the entities’ AFC risk exposure, issues and remedial plans, preparing summaries for the Unit Head Managing entities’ deviations to Group rules and prepare the mandatory information for the Unit Head, Group Chief AFC Officer, the Group Board and IVASS (70% Sanctions; 30% AML/CTF) Verifying the implementation of regulatory requirements and Group internal rules, standards and methodologies (70% Sanctions; 30% AML/CTF) in the entities in perimeter, by executing onsite and remote controls (70% Sanctions; 30% AML/CTF), defining corrective actions accordingly and preparing the related reporting for the Unit Head, Group Chief AFC Officer, the Group Risk Committee and the Group Board Assessing how the entities in perimeter locally execute Risk Assessment and second level controls (70% Sanctions; 30% AML/CTF), verifying that the methodology applied is aligned with the Group requirements (e.g., definition of structural actions, correct updating of data), and prepare the related reporting for the Unit Head, Group Chief AFC Officer, the Group Risk Committee and the Group Board Evaluating and monitoring the vulnerability of the control system of all entities in perimeter (70% Sanctions; 30% AML/CTF), sharing results with local CEOs, Region and BU CEOs, and define corrective measures to be implemented by all local Business Lines and Control Functions, preparing summaries for the Unit Head Delivering technical trainings and specific communications (70% Sanctions; 30% AML/CTF) to Regional and BUs CEOs, local CEOs, local Heads of Business Lines (and their first reporting lines), Local Compliance and AFC Functions Cooperating with local HR, and other relevant Functions to address the issues identified with the controls performed, preparing summaries for the Unit Head Managing the due diligence phase of M&A activities in the perimeter, preparing summaries for the Unit Head Collaborating, developing and maintaining strong and effective working relationships with key business partners across all three Lines of Defense, Business Lines, local Management, Control Functions, as well as Data & Technology Requirements Our ideal candidate will meet the following requirements: At least 7 documented years within the Sanctions/AFC teams of international Fis (preferably insurance Groups), all of them gathered in Anti Financial Crime and/or Compliance Departments (documented experience in both Functions is a plus), or Audit (with focus on AML/CTF and IS) Strong knowledge of Sanctions regulatory requirements and international standards Knowledge of AML/CTF, ABC regulatory requirements and international standards Proved understanding and familiarity with Regulators’ activities, as well as EU/ US Authorities approach and expectations on International Sanctions Understanding of AFC processes including identifying and evaluating financial crime risks (including AML, Sanctions, ABC), identifying and evaluating controls, determining root causes, and recommending solutions High degree of accuracy, attention to details, well-organized working method and ability to work autonomously Ability to operate in a large financial group, build relationships across business lines, strong communications skills Excellent verbal (fluency) and written communication skills in English An open and collaborative attitude Nice to have: Italian and other languages (preferably Spanish and German) Previous experience in a big 4, with documented activities performed in AFC matters Company Profile Generali Group Head Office is the guidelining unit of the Generali Group, one of the largest global insurance and asset management providers. Established in 1831, Generali is present in over 50 countries in the world, with a total premium income of € 82.5 billion in 2023. With around 82,000 employees serving 70 million customers, the Group has a leading position in Europe and a growing presence in Asia and Latin America. At the heart of Generali’s strategy is its Lifetime Partner commitment to customers, achieved through innovative and personalised solutions, best-in-class customer experience and its digitalised global distribution capabilities. The Group has fully embedded sustainability into all strategic choices, with the aim to create value for all stakeholders while building a fairer and more resilient society. Seniority levelSeniority levelAssociate Employment typeEmployment typeFull-time Job functionJob functionFinance IndustriesInsurance Referrals increase your chances of interviewing at Generali by 2x Get notified about new Financial Professional jobs in Milan, Lombardy, Italy . 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