Compliance Analyst

About Lombard International Assurance

Lombard International Assurance is a leading Luxembourg-based provider of insurance-based wealth solutions across Europe. A part of Utmost Group Lombard Internationals solutions are largely based on unit-linked insurance policies serving the needs of affluent high net worth (HNW) and ultra-high net worth (UHNW) individuals.

On 30 December 2024 Utmost Group announced it had completed the acquisition of Lombard International Assurance Holdings Sarl and the company will be fully rebranded to Utmost Luxembourg S.A. by the end of 2025.

About Utmost Group plc

Utmost Group plc is a leading provider of insurance and savings solutions. Its principal businesses are Utmost international and Utmost Life and Pensions which together are responsible for 109bn of primarily unit-linked policyholder assets forpolicyholders on a proforma basis at HY 2024 following the acquisition of Lombard International Assurance Holding Sarl. Utmost Group plc is subject to group supervision by the PRA.

About Utmost International

Utmost International is a leading provider of insurance-based wealth solutions. Utmost international operates across the UK Europe Latin America; Asia and the Middle East. Its solutions are largely based on unit-linked insurance policies serving the needs of affluent high net worth (HNW) and ultra-high net worth (UHNW) individuals. #utmost

On a proforma basis at HY 2024 following the acquisition of Lombard International Assurance Holdings Sarl Utmost International would have managed 103bn of assets under administration on behalf of approximately 210000 policyholders.

Your role Are you ready for a challenge

You will work as a member of the Italian Compliance team based at the Italian branch in Milan with a specific focus on Due Diligence review process with a direct line to the team manager.

Your responsibilities will be as follows:

• Conducting AML Due Diligence reviews on prospects new clients and policies transactions by assessing and analysing documentation performing AML/CTF screenings ascertain whether supporting documents are required
• Assisting in performing AML and CTF investigations
• Assisting in the preparation of suspicious transactions review and reporting
• Supporting in the maintenance of Italian branch procedures with regards to regulatory developments and group requirements
• Contributing in the performance of controls defined in the local Controls Monitoring Plan
• Acting as point of contact for Relationship Managers and Client Service team in ensuring smooth actions in collecting the required and pending documentation
• Working on close and continuous collaboration with other teams and stakeholders to achieve joint objective.
  

Your profile Have you got what it takes to become our Compliance Analyst

• For the Analyst role Degree in Economics or Law and 1-2 years experience in a Compliance or Audit function preferably in the banking or insurance sector
• Knowledge of the Italian AML laws rules and regulations or of another EU Member state
• Ability to balance legal requirements with the commercial aspects of the business
• Proactive flexible and able to work in a fast paced demanding environment
• Good analytical skills with a high degree of initiative planning and organisational skills
• Rigorous and detail oriented
• Enthusiastic team player and self-motivated
• Fluent in Italian and English.
  

We offer you

Sitting at the crossroads of private banking asset management and insurance we operate in a well-established and fast-growing segment of the financial services industry. We offer a thriving and entrepreneurial work environment with the opportunity to work across multiple geographies learn valuable new skills develop great expertise and establish long-lasting relationships. It is an exciting opportunity to build a network of contacts across the organisation in a collaborative and diverse workplace. Our Luxembourg office is home to a diverse team of over 50 nationalities and we are always looking for exceptional talent to join our team. Because our people are our greatest assets you will enjoy reward and recognition packages. We also offer you the possibility to shape your professional career in line with your own goals and the opportunity to work with the top talent in the industry. We are committed to extending equal employment opportunities to all individuals.

Be a part of our community! #utmost

As an equal opportunity employer all qualified applicants will receive consideration for employment without regard to gender colour religion sexual orientation national origin disability status protected veteran status or any other characteristic protected by law.

Given the sensitive nature of our business industry sector and the role as described the selected candidate is required to provide a criminal record (Bulletin n3 for Luxembourgish residents). This excerpt will be kept by Lombard International Assurance S.A. in compliance with article 8-5 (2) of the law of 23 July 2016 and for no longer than one month from the conclusion of the employment contract; otherwise it will be destroyed without any undue delay should the candidate not be hired.

Should you be interested in pursuing this opportunity please send your application in full confidence to Lombard International Assurance S.A International Assurance is aware of its obligations under the General Data Protection Regulation (GDPR) and is committed to processing your data securely and transparently.

Our Recruitment privacy notice is in line with GDPR and provides more information with regards to the types of data that we collect and hold on you as a job applicant including for the performance of Background Checks. It also sets out how we use that information how long we keep it for and other relevant information about your data. For full details please click here Recruitment Privacy Statement

#utmost

Required Experience:

Junior IC