AML Compliance Officer

AML Compliance Officer – Rome, Italy 

The AML Compliance Officer supports the Bank’s Anti–Money Laundering function by contributing to the design, implementation, and monitoring of internal controls and procedures aimed at preventing and mitigating money laundering (ML) and terrorist financing (TF) risks. The role ensures operational continuity of the AML function and collaborates closely with the MLRO, first-line teams, and other corporate departments. 

Hybrid – 3 days at the office per week 

Role Responsibilities 

Internal Controls & AML Framework 

• Contribute to the definition, enhancement, and implementation of internal controls and procedures to prevent and detect ML/TF risks. 

• Verify the functionality and effectiveness of AML-related processes, procedures, system architectures, and automated controls. 

• Ensure operational continuity of the AML function during the absence of the AML Manager. 

• Collaborate with the MLRO in the development, oversight, and continuous improvement of the Bank’s AML control systems. 

Enhanced Due Diligence (ECDD) & Monitoring 

• Provide support in Enhanced Customer Due Diligence (ECDD) reviews for high-risk customer profiles. 

• Conduct monitoring activities on outsourced AML operations to ensure compliance and service quality. 

• Perform checks on STR (Suspicious Transaction Report) processes, reviewing first-level analysts’ assessments for appropriateness and consistency. 

• Support the MLRO in the final review, validation, and submission of STRs. 

Regulatory Reporting & Governance 

• Support the preparation and drafting of periodic AML information flows either internally to corporate bodies and externally towards regulators. 

• Assist in the Bank’s annual AML self-assessment, including data collection and control effectiveness reviews. 

Training & Awareness 

• Collaborate with internal teams responsible for training to develop and maintain ongoing AML training programs for employees. 

• Promote awareness of AML obligations across the organization. 

Role Requirements 

• Minimum 5 years of experience in AML roles within banking or financial services. 

• Direct experience in Italian banking industry or, alternatively in foreign branch banks operating in Italy. 

• Strong knowledge of Italian and EU AML frameworks and regulations, customer due diligence, ECDD, STR processes, and internal control frameworks. 

• Fluent English and Italian (spoken and written). 

• Ability to operate in a highly international work environment, interacting with cross-border teams and multicultural stakeholders. 

• Excellent analytical skills with the ability to assess transaction patterns and risk indicators. 

• Strong communication and report-writing capabilities. 

• High attention to detail, confidentiality, and ownership of tasks. 

We make financial services accessible to humans everywhere. Join us for what’s next. 
Western Union is positioned to become the world’s most accessible financial services company —transforming lives and communities. We’re a diverse and passionate customer-centric team of over 8,000 employees serving 200 countries and territories, reaching customers and receivers around the globe. More than moving money, we design easy-to-use products and services for our digital and physical financial ecosystem that help our customers move forward. 

Just as we help our global customers prosper, we support our employees in achieving their professional aspirations. You’ll have plenty of opportunities to learn new skills and build a career, as well as receive a great compensation package. If you’re ready to help drive the future of financial services, it’s time for Western Union. Learn more about our purpose and people at https://careers.westernunion.com/. 

Benefits 
You will also have access to short-term incentives, multiple health insurance options, accident and life insurance, and access to best-in-class development platforms, to name a few 
(https://careers.westernunion.com/global-benefits/). Please see the location-specific benefits below and note that your Recruiter may share additional role-specific benefits during your interview process or in an offer of employment. 

Your Italy specific benefits include:  

• 26 days annual leave – plus 11 public holidays 

• Comprehensive life & medical cover 

• Lunch voucher