Risk Assessment And Controls Specialist Lazio

Risk Assessment And Controls Specialist
Roma
Lazio, Lazio

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Purpose of the role

The Risk Assessment and Controls team main objective is to identify any compliance risks and assess the strength of mitigating controls, ensuring that compliance risks are effectively managed, with particular focus on anti-money laundering compliance risks.

This position is responsible for assisting the Risk Assessment and Controls Manager in the development, maintenance and integration of an effective Compliance Program within the Legal Entities and Business Units operating in Italy.

**Responsibilities

Responsibilities in this role will include a combination of the following.

- Support in the definition and maintenance of a Risk Assessment to identify and evaluate compliance risks within the Legal Entities and Business Units operating in Italy, with focus requested on anti-money laundering area of law

- Support in the evaluation of the impacts of newly issued regulations on new and/or existing products, services, and processes, with focus requested on anti-money laundering area of law

- Perform independent second line controls to ensure the adequacy of business operating processes and activities, mainly regarding anti-money laundering related area

- Define, and periodically follow up, the remediation needed resulting from second line controls and key risk indicators

- Critically review business operating process and internal control systems to advise on enhancements, provide efficiency/rationalization and/or automation

- Support in the design and implement key risk indicators (KRIs) on all the applicable regulations, products, services, and/or processes

- Align with local and International Compliance and other Functions on the main risks/impacts of non-compliance

- Define reporting flows on the main risks/impacts of non-compliance, locally (e. g.

: Committees, Legal Representatives, CdA, etc. )

and/or externally (e. g.

: International Compliance Organization)

- Support the International Compliance strategic projects and/or in the enhancement of monitoring/testing methodologies

Academic background/past experience

- Bachelor's degree in economics/law/engineering/math/physics

- Advanced degree preferred

- Minimum experience of 3-5 years in the Compliance area is preferred

Qualifications/skills/capabilities

- Proven strong knowledge of all the applicable regulations, with particular focus on anti-money laundering

- Analytical and problem-solving skills.

Must have an investigative profile with deeper attention to detail, synthesize data, break down business problems, and conduct brainstorming

- Work under pressure and ability to manage multiple and varied tasks simultaneously so to comply with internal and regulatory deadlines

- Understand the basis of the local Compliance environment, with particular focus on anti-money laundering

- Microsoft Office management at an intermediate level (mainly Excel, Power Point and Word)

- Experience in managing regulatory Committees is a plus (preparation, presentation, and minutes documentation)

- Proactive and self-driven.

Must have the ability to work with minimum supervision and prioritize and meet goals/deadlines in a fast-paced environment with aggressive deliverables and workforce planning strategies

- Lead with an external perspective, challenge status quo and bring continuous innovation to our existing offerings

- Possess strong written/verbal communication skills and manage alignment meetings with leadership

- Ability to influence at all levels of management and build relationships across the Compliance Organization and external Functions

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