Compliance Officer Italy

About

Swan is Europes embedded banking specialist. We empower software companies to embed banking features like accounts cards and payments directly into their products under their own processes over 1.5 billion in monthly transactions for more than 150 companieslike Pennylane Indy Agicap Libeo and Lucca. Founded in 2019 the company has received growth capital from leading investors such as Lakestar Accel Creandum Bpifrance and Eight Roads. Swan is a principal member of Mastercard and a licensed financial institution regulated by the French banking authority (ACPR).

Our mission

Banking belongs in business software

Many software companies already serve small businesses incredibly well: helping them send invoices run payroll manage inventory and more. Theyre on a mission to become the central hub for managing every aspect of business life.

But when it comes to financial workflows theres still a gap. Too many critical tasks like managing cash flow tracking payments or reconciling accounts happen outside the software across spreadsheets email threads banking portals.

Its a missed opportunity. Business software shouldnt just record financial activity it should run it.

To learn more about us: About Swan ; Our story.

Job description

Swans compliance team keep our banking features safe and secure and always have to think about the best way to combine multiple areas: business legal regulatory customer support and more. Swan is both a technology company and a financial services company and our Compliance team makes these pieces fit together!

As an Electronic Money Institution Swan faces many legal and regulatory challenges when conducting its business and operations : Fighting money laundering protecting clients funds working with legitimate partners etc.

As our Compliance Officer you will play a crucial role in ensuring our operations remain in line with regulatory requirements.

Main tasks

Here is a snapshot of the responsibilities youd be trusted with :

• Managing Regulatory Changes: Stay ahead of and implement regulatory changes in Italy.

• Regulatory Submissions: Assist in submitting regulatory documents under the supervision of the AMLRO.

• Escalation Point: Act as the escalation point for investigations conducted by Compliance Managers.

• Business Use Cases: Explore regulatory aspects of various business use cases.

• New Products and Services: Assess regulatory aspects of new products and services.

• Compliance Documentation: Contribute to the maintenance of our internal documentation ensuring accuracy and compliance with industry standards.

• Regulatory Watch: Conduct regulatory watch on Italian banking supervision matters to keep the organization informed and compliant.

• Regulatory bodies: Serve as the primary point of contact for Italian regulatory bodies (Banca dItalia UIF)
  

Preferred experience

Youre a great match if:

• You have significant experience (5 years) in a Compliance position in a financial institution ideally in a Fintech or another fast-paced work environment.

• You have an excellent knowledge of Italian banking regulations and payment ecosystem.

• You possess the mindset of a problem solver: You need to be a creative and resourceful thinker maintaining a positive and can-do attitude towards challenges and obstacles.

• High autonomy and ability to take initiatives.

• Synthesis and analytical mindset with strong writing skills.

• Flexibility to adapt to changing requirements in an evolving and fast-paced environment.

• Fluent in Italian & English

• Our ideal teammate: Empathetic. Skilled. Frank. We love to challenge each other and we leave our egos at the door.

• Our ideal teammate: Empathetic. Skilled. Frank. We love to challenge each other and we leave our egos at the door.

Its okay if you dont tick all the boxes dont let imposter syndrome prevent you from applying!

Swan is committed to providing a caring work environment for all employees regardless of age sex disability sexual orientation race religion or belief.

When it comes to recruitment were interested in your work experience skills and overall personality. Because diversity makes the workplace stronger and is necessary for Swans success we are intensifying efforts to incorporate concrete actions to help us improve in this area.

About Swan

Perks of being a Swanee:

• Holidays: 27 days of paid leave.

• Well-being support: access to Moka Care for mental health and wellness.

• Hybrid remote policy: We offer the possibility of working from home for 2 days per week.

• Offsite: Once a year we gather to reconnect deep-dive into big topics and relax.

• This isnt a perk it should be the rule but diversity and inclusion are important at Swan. Were working hard to get better every day.

Our values:

Swans core values guide our actions daily. Individually they may seem obvious but together they form a unique culture.

Simplicity: Leonardo Da Vinci said: simplicity is the ultimate sophistication. If somethings convoluted or confusing we work extra hard to break it down. - Making complex things simple is what we do.

Long Term: We always play the long game whether its to support our partners in their growth journey or make tangible commitments to climate action.

Excellence: We are a team of experts who consistently go all out to create pixel-perfect banking services and exceed our partners expectations whatever it takes.

Be Human: We believe in the power of kindness and the importance of acting with integrity. But embracing our humanity extends beyond interpersonal interactions it means caring about greater issues that affect our planet.

You can find out more about our culture.

Recruitment process

• A 30-min call with our Talent Acquisition Manager to get to know you understand your career expectations and answer your questions

• An interview with our Head of Compliance

• A case study & peer interview

• An interview with our Chief Risk Officer