Head of Compliance for Italy and Greece

Join us as a Compliance Vice President based in Milan, serving as Head of Compliance and Deputy MLRO for Italy and Greece. In this pivotal role, you will collaborate with local management, Line of Business, and global/regional Compliance teams, as well as Internal Audit, Operational Risk, and other Control functions. Bring your extensive expertise in Compliance and Money Laundering practices, along with a strong understanding of regulatory requirements, expectations, and industry best practices in Italy and, ideally, Greece.

As a Vice President within our Compliance team, you will provide Compliance coverage for Italy and Greece, serving as the team's subject matter expert for specific regulations. You will be responsible for executing Compliance core practices such as Governance and Oversight, Regulatory Management, Regulatory Change, Policies and Procedures, Training and Awareness and contribution to the Testing plan, Issue Management, Risk Assessment and Reporting.

Job responsibilities

• Develop presentations for management, stakeholders, and regulators to communicate issues, recommendations, and status of initiatives.
• Manage and submit CCOR owner regulatory reports with respective local regulators.
• Identify and raise potential concerns and control issues, ensuring stakeholders implement appropriate corrective actions.
• Conduct ad hoc compliance reviews on a risk-based approach.
• Participate in initiatives or projects impacting the location, advising LOBs and Corporate Functions to support adherence to respective regulatory requirements.
• Foster an appropriate compliance and conduct culture among employees based in the location, if needed, by providing training and awareness sessions.
• Challenge the status quo by providing critical and analytical thinking and strong decision-making capabilities to identify problems, propose creative solutions, and escalate as necessary.
• Identify and raise potential concerns and challenge on the business initiative with regards to Banking, Payments, Markets and Private Bank business activities. 
• Participate and represent CCOR in local governance forums, exercising proper oversight on controls and operational risks items impacting the location.
• Act as primary liaison with Italian and Greek regulators.

Required qualifications, capabilities, and skills

• Significant prior experience in Compliance or other related experience (such as legal, audit or risk).
• Solid exposure working with Italian regulators.
• Excellent knowledge of European regulations on banking and investment services, especially MiFID II, MAR, PSD 2, CRD VI, AML VI, UCITS V, AIFMD and GDPR and related local implementation.
• Previous professional experience in a Compliance or related role within peer banks, specifically in the investment banking or private banking segment.
• Strong academic background or work achievements in the financial industry. 
• Exceptional written and verbal communication skills in English and Italian. 
• Ability to interpret financial regulations and regulatory requirements and assess compliance.
• Ability to manage local teams, collaborate across three lines of defense, and to work both independently and as a team member.
• Sound understanding of controls, risk metrics and reports. Detail-oriented, with a high level of attention to quality in work products.
• Broad-based IT skills and with relevant applications. 
• Excellent analytical and time management skills; ability to work under pressure and meet tight deadlines. Ability to work in a fast faced environment and to successfully manage competing priorities and internal/external deadlines.

Preferred qualifications, capabilities, and skills

• Relevant MBA or Bachelor's degree with professional certification preferred.
• Exposure working with Greek regulators.
• Good level of written and verbal communication skills in Greek.