Compliance Intern - Financial Crime Prevention

Job description

Mission

Our Company is seeking a motivated and detail-oriented Compliance Intern to join the Compliance Department in Milan. This internship is focused on the review of higher-sensitivity client dossiers (KYC) within a Corporate and Investment Banking environment. The position is offered for an initial duration of six (6) months and may be extended to further 6 (six) months.

Note

the internship is fully on-site (no smart working) and is expected to cover the summer period.

Tasks and responsibilities

Within the Compliance Department and under the supervision of senior Compliance Officers, the intern will support activities primarily related to Know Your Customer (KYC) and Anti-Money Laundering (AML) controls, including: Reviewing and assessing risks related to new and existing clients (KYC), with a particular focus on higher-risk and sensitive client profiles

Performing detailed analysis of KYC files escalated to the Compliance function and ensuring completeness and regulatory adequacy Assessing business-lines requests related to transactions or activities requiring enhanced scrutiny or specific approvals, in line with Bank of Italy AML red flags (indicatori di anomalia) and Suspicious Activity Reporting (SAR) obligations Verifying compliance with applicable KYC and AML regulations through regular examination of data, documentation, and internal systems

Ensuring accurate and orderly maintenance of audit trails, including proper documentation of analyses, decisions, and escalations Collaborating closely with the financial security team in activities aimed at preventing money laundering, terrorist financing, and corruption