Job description

ABOUT THE ROLE:

Relative to the Italian market, the AML and Compliance Coordinator contributes to the establishment of a corporate culture which respects the principles of compliance, the principles identified in Fides procedures and in the code of ethics drawn up by Crédit Agricole S.A. through specific training programs. Additionally, the Coordinator contributes to manage requirements and reporting for IVASS and other Supervisory Authorities regarding the information under its competence as required by the regulations. He contributes to the preparation of periodic disclosures, in the area of Compliance, for the Irish parent company. He contributes to the definition of control procedures about the compliance of data protection regulations, including the GDPR. Finally, he contributes to the preparation of periodic disclosures, in the area of Data Protection, Complaints and Network Controls, in collaboration with the central functions of the companies.

DUTIES AND RESPONSIBILITIES:

The scope of activities for this job position include:

Regulatory watch:

• Recurrent review on regulatory updates from both European and Italian regulators:
  • Analysis and comprehension of Italian and European regulatory changes
  • Alignment with the compliance CACI team on regulatory updates

Compliance and AML referent:

• Manage the relationship and interactions with the local regulator (IVASS)
  • Management of ad-hoc compliance issues 
  • Be the local contact person for audit issues, coordinating interactions between the central function and the local organization
  • Assess the compliance of contract documentation with CAA and CACI Dublin company standard
• AML function of the Italian Branch and responsible person for the reporting of the suspicious transactions of the Company in liaison with HQ

Monitoring and reporting:

• Setting up reporting templates for internal and external purposes 
• Preparation of the annual report to be sent to the local regulator, outlining monitoring activities on the implementation of proper actions, critical issues and proposed solutions
• Drafting reports on critical issues in existing processes and establishing plans for implementing corrective measures

Supporting the business in all areas of compliance, including:

• Ensuring that corporate processes are aligned with external legislative requirements and internal policies and procedures
• Assisting with compliance processes and procedures to be implemented in order to ensure full compliance with regulatory requirements
• Ensuring that business partners’ distribution network activity is aligned with CACI compliance requirements
• Ensuring compliance with reporting requirements to local regulatory authorities, including those regulating responsible gambling, marketing, anti-money laundering procedures, and data protection
• Assisting with the day-to-day compliance of the company in all other matters
• Ensuring constant coordination between HQ guidelines and branch activities

Complément

Managing the AML process, including:
Review of transaction monitoring and authorizing alerts to ensure that the quality of the review is within the required standards
Compiling the review outcome and providing feedback on standardization of alert monitoring process across the hub
Reviewing transaction monitoring alerts versus quality standards
Support the HQ in the analysis of alerts and investigation of transactional activities to detect any suspicions of money laundering or terrorist financing activity
Pursuing investigations to a greater level of diligence than normally required for the standards due diligence process
Responsibility for the implementation and operations of integrated process and procedures aimed at the meeting internal and external regulatory or policy guidance
Conducting an AML business risk assessments
Assisting with the drawing up and implementation of remediation plans
Providing support to the company's internal compliance
People First:
Ensure staffing of the team by participating in recruitment
To assign workload and projects to each member of the staff
To follow up on HR processes; attendance, probationary period, performance management, etc. employee engagement and retention
To develop and coach our staff to reach their potential within CACI
To identify with your team individually their strengths and their areas for improvement
To identify the teams individual talents and abilities and harness those for their development.