Compliance Manager

As Financial Crime Manager, Italy, you will play a key role in detecting, investigating, and mitigating financial crime risks. This critical role ensures the AML control framework meets legal and regulatory obligations and Group standards in AML matters.

Key responsibilities

• Design and continuously develop operations and management of the Financial Crime team in Italy, responsible for conducting investigations surrounding accounts/transactions.
• Lead sanctions and PEP screening activities.
• Provide guidance, assistance and training to the first line of defence functions and direct reports to facilitate effective business support and risk mitigation.
• Responsible for overseeing the effective and compliant implementation and sustainable day‑to‑day execution of:
  • anomalous activity identification and investigation
  • anomalous activity reporting in accordance with agreed reporting requirements and SLAs
• Liaison with appropriate stakeholders, including MLRO, Global Financial Crime units and other relevant operational teams (e.g. Customer Operations, Risk, Product).
• Accurate and timely production of Management Information to ensure:
  • KPI and KRI are accurately recorded and used to measure and manage individual and team performance.
  • AML risk management trends and issues are identified.
  • Issues are escalated to management, including the MLRO, the Global Financial Crime units and other relevant operational teams (e.g. Customer Operations).
• Ensure suspicious activity is reported to the appropriate authorities in a timely manner and in accordance with applicable SLAs.
• Ensure that decisions to report to the authorities, or not, can be justified by documenting high‑quality, reasoned reports supported by investigative work and recorded findings.
• Share local knowledge and typologies with Global Financial Crime units to enhance group‑wide awareness of regional threats and trends.
• Oversee day‑to‑day operations management activities, ensuring efficiency through the effective use of AML tools such as World‑Check, Infostat, Fircosoft.
• Contribute to continuous improvement of investigative tools, workflows and typology detection in coordination with data analytics and AML systems teams.
• Deliver internal briefings and workshops to improve AML awareness among business and operations teams, focusing on investigative best practices.

Academic background and previous experience

• Master’s Degree in Law, Economics or comparable studies.
• Proven experience in money laundering investigations, including transaction monitoring.
• Familiarity with transaction monitoring, sanctions & PEP screening and associated case management systems.
• Significant experience in identifying activity suggesting AML or CTF risk.
• Extensive experience in undertaking investigations/analysis into customer activity with the ability to draw inferences from noted behaviour, including transactional profile, against expectations established from CDD data.
• Solid experience in banking.
• Strong understanding of regulatory landscape surrounding AML/CTF.
• Significant experience in writing reports to identify AML/CTF risk and/or SAR reporting.
• Strong knowledge of Italian and European AML regulations, investigative methodologies and supervisory expectations.

Skills

• Strong analytical mindset with excellent attention to detail.
• Both spoken and written communication skills with the ability to document investigative steps and conclusions effectively in a clear, concise and professional manner.
• Consistently achieve set objectives and take action to improve performance.
• Strong organisational skills.
• Familiarity with relevant AML/CFT tools (e.g. World‑Check, Infostat, Fircosoft).
• Managerial experience in a knowledge‑economy context.
• Collaborative working style with colleagues and broader stakeholders.

Languages

• English: fluent.
• Italian: fluent.
• Spanish would be a plus.

Our offer

Join a multicultural and dynamic team in Milan with a flexible working model, and be part of an established and expanding digital retail business within a global bank. We offer growth, learning and development opportunities, including training through our internal “BBVA Campus” platform.