Group Anti Financial Crime Analyst

The Group Chief Anti Financial Crime Officer (GAFC) is a control Function in Group Head Office reporting to the Board of Directors of Assicurazioni Generali SpA.

The GAFC has been appointed by and reports directly to the Board of Directors of Assicurazioni Generali SpA.

GAFC Function is responsible for the supervision and coordination of the following compliance risks in the Group:

• Terrorism financing
• International Sanctions/ Embargos
• Anti-bribery & corruption

Among it, the GROUP ANTI FINANCIAL CRIME, GAFC AML Advisory Governance and Oversight is the unit responsible for the Governance of the Generali Group Companies subject to AML Regulation; The unit is also responsible to review the AML applicable framework, policies and procedures of Generali Group.

Its role is varied and requires strong communication and analytical skills in order to meet the demand of being part of a global function under increasing regulatory scrutiny and management attention.

The role holder, reporting to Head of Group AML Advisory, Governance & Oversight, is accountable mainly for the following activities:

• Identify and evaluate through gap analysis the new AML/CTF requirements, and their impacts on the Group
• Draft and maintain Group AML/CTF policies, guidelines, standards and technical measures
• Coordinate the cascading of the Group AML/CTF standards to the Group Entities
• Provide with opinions to Business Functions and Local Anti-Financial Crime teams (e.g., deviations from group standards, assessment of high risk customers, ordinary and extraordinary transactions)
• Cooperate in the definition of the AML/CTF training strategy and contents, maintain training catalogue and deliver classroom sessions
• Perform anti-financial crime governance oversight reviews, issue findings and monitor remediation actions
• Actively propose and manage Group AML CTF initiatives and provide AML/CTF technical and business requirements for Group Projects
• Proactively cooperate with key stakeholders (Audit, Group Compliance, Risk Management)
• Report, communicate, and track identified issues, risks and recommendations, in alignment and coordination with Group AFC Risk Assessment and Controls
• Develop and maintain strong and effective working relationships with Group Legal Entities AML Officers and their staff
• Support the preparation of regular reporting towards the Board, the Corporate Bodies/Committees and other relevant functions, tailoring the document and the details provided on the basis of the audience, ensuring the identified issues, gaps and rooms for improvements are transparently shared and acknowledged by the stakeholders
• Support AML/CTF investigations and analysis of potential SARs and prepare reports for validation and submission
• Manage and evolve the Anti-Financial Crime Governance Framework across the Group
• Coordinate AML/CTF regulatory inspections and interactions with EU and Italian authorities
• Measure the complexity (riskiness) of all entities within the Group to ascertain whether specific governance and organizational arrangements (e.g., separation of Compliance and AFC Functions, etc.) are needed
• Supervise the Group AFC perimeter and oversight model
• Support budget planning, monitoring and reporting activities for the AFC Function.

Requirements

• Master Degree in Economics or Law
• At least 5-7 years’ experience within international banking, financial institutions or consulting firms, gathered in Anti Financial Crime/ AML Teams and/or Audit on AML topics
• Good knowledge of latest EU and Italian AML/CTF regulations and international standards
• Experience in AML Governance, policy drafting and regulatory framework implementation
• Experience dealing with supervisory authorities and regulatory inspections
• Knowledge of SAR processes, KYC, CDD, transaction monitoring and financial crime risk management
• Excellent stakeholder management, reporting and presentation skills
• Understanding of AFC processes including identifying and evaluating financial crime risks, identifying and evaluating controls, determining root causes, and recommending impactful solutions. This should include an understanding of program governance, risk assessment, transaction monitoring, KYC, CDD and name screening
• High degree of accuracy, attention to detail, and well-organized working method
• Ability to synthesize laws, rules and regulations into practice
• Ability to operate in a large financial groups, build relationships across business lines, strong communications skills
• Excellent verbal (fluency) and written communication skills in English
• Ability to work independently
• An open, dedicated, collaborative approa