Compliance Analyst

About Utmost International
Utmost International is a leading provider of insurance-based wealth solutions operating across the UK, Europe, Latin America, Asia, and the Middle East. Its' solutions are largely based on unit-linked insurance policies, serving the needs of affluent, high net worth (HNW), and ultra-high net worth (UHNW) individuals.

On a proforma basis at HY 2024, Utmost International manages £103.5bn of assets under administration on behalf of approximately 200,000 policyholders.

About Utmost Luxembourg S.A.
Sitting at the crossroads of private banking, asset management, and insurance, we operate in a well-established and fast-growing division of the financial services industry. Our dynamic international team of 450+ experienced wealth structuring specialists, subject-matter and technical experts consists of 50 different nationalities, speaking over 30 languages.

We are a diverse and inclusive organisation driven by a values-based culture that promotes excellence, ambition, and innovation. We invest in talented teams who develop their expertise, curated through support and training, and fostered through a people centred culture. Our people truly are our greatest asset

Your role – Are you ready for a challenge?

You will work as a member of the Italian Compliance team based at the Italian branch in Milan, with a specific focus on Due Diligence review process, with a direct line to the team manager.

Your Responsibilities Will Be As Follows

• Conducting AML Due Diligence reviews on prospects, new clients and policies transactions by assessing and analysing documentation, performing AML/CTF screenings, ascertain whether supporting documents are required,
• Assisting in performing AML and CTF investigations,
• Assisting in the preparation of suspicious transactions review and reporting,
• Supporting in the maintenance of Italian branch procedures with regards to regulatory developments and group requirements,
• Contributing in the performance of controls defined in the local Controls Monitoring Plan,
• Acting as point of contact for Relationship Managers and Client Service team in ensuring smooth actions in collecting the required and pending documentation,
• Working on close and continuous collaboration with other teams and stakeholders to achieve joint objective.

Your profile – Have you got what it takes to become our Compliance Analyst?

• For the Analyst role, Degree in Economics or Law and 1-2 years' experience in a Compliance or Audit function, preferably in the banking or insurance sector,
• Knowledge of the Italian AML laws, rules and regulations, or of another EU Member state,
• Ability to balance legal requirements with the commercial aspects of the business,
• Proactive, flexible and able to work in a fast paced, demanding environment,
• Good analytical skills with a high degree of initiative, planning and organisational skills,
• Rigorous and detail oriented,
• Enthusiastic team player and self-motivated,
• Fluent in Italian and English.

As an equal opportunity employer, all qualified applicants will receive consideration for employment without regard to gender, colour, religion, sexual orientation, national origin, disability status, protected veteran status, or any other characteristic protected by law.
Given the sensitive nature of our business, industry sector and the role as described, the selected candidate is required to provide a criminal record (Bulletin n°3 for Luxembourgish residents). This excerpt will be kept by Utmost Luxembourg S.A. in compliance with article of the law of 23 July 2016 and for no longer than one month from the conclusion of the employment contract; otherwise, it will be destroyed without any undue delay should the candidate not be hired.
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