Job Description
GenAM AFC Function is in charge of ensuring the regular and timely fulfillment of the core duties typically entrusted to the AFC/AML Function of an asset manager, in accordance with the relevant local and Group regulations. The Function is responsible for the supervision, coordination and controlling of the following financial crime compliance risks:
Within GenAM AFC function, we are looking for a talented and proactive resource to join the team, who will report to Senior AFC Officers. The candidate joining the AFC Function will:
Requirements
Company Profile
Generali is a major player in the global insurance industry - a strategic and highly important sector for the growth, development and welfare of modern societies. Over almost 200 years, we have built a multinational Group that is present in more than 60 countries, with 470 companies and nearly 80,000 employees. Our Group aims to become the standard bearer and industry leader in the European retail insurance market, building on our existing base of 50 million retail clients, out of an overall total of 72 million.
Generali Asset Management is a European investment specialist, offering a wide range of active funds and bespoke solutions across both public and private markets. Our investment experience is grounded in a solid heritage, with skills that have been developed and honed over time by managing Generali Group and external clients' assets.
Generali Asset Management S.p.A. guarantees a solid framework of services designed to support various asset management activities. Key elements include the provisioning of IT services over all applications underpinning the investment and asset management value chain (Front Office, Trading Desk, Investment Compliance, Middle and Back Office, Analytics and Reporting, etc.) The company also acts as a holding company, retaining share capital in the boutiques and Generali Investments' companies.
GenAM AFC Function is in charge of ensuring the regular and timely fulfillment of the core duties typically entrusted to the AFC/AML Function of an asset manager, in accordance with the relevant local and Group regulations. The Function is responsible for the supervision, coordination and controlling of the following financial crime compliance risks:
- Money Laundering (ML) & Terrorism Financing (TF)
- International Financial Sanctions (IS)
- Anti-Bribery & Corruption (ABC)
Within GenAM AFC function, we are looking for a talented and proactive resource to join the team, who will report to Senior AFC Officers. The candidate joining the AFC Function will:
- support the Team in assessing the Group/GIH AML, IS and ABC Policies and Guidelines and implement/adapt them for GenAM
- support the Team in identifying and assessing the key money laundering (ML), terrorism financing (TF), international financial sanctions (IS) and bribery & corruption (ABC) risks that GenAM is exposed
- perform the periodical second level of controls and periodic risk assessment on ML/TF, IS and ABC risk exposure
- support the Team in dealing with providing information flows and reports toward the corporate bodies and the Senior Management, also drafting periodical report directly supporting the Head of AFC
- contribute to the drafting of reports for Banca d'Italia, AMF and CSSF
- support the Team in organizing and managing the training sessions and periodic meetings with Business
- monitor the implementation of any remedial action and the status of the annual plan
- participate in projects for the implementation of any AFC (e.g. AML/IS) related IT tools
- interact with Local AFC Officer at branch level (France, Germany, Spain)
Requirements
- at least 1 year of experience within the AML/AFC Function of a relatively large and preferably multi-national financial services firm (asset management company, banking, main consultants, etc.)
- working knowledge of AML&CTF regulatory and European/Italian provisions
- working knowledge of International Financial Sanctions requirements
- working knowledge of ABC (Anti-Bribery Corruption) applicable requirements
- working knowledge of the asset management and investment services industry and the related ML/TF/IS risks is requested
- experience in implementing effective AML/CFT Programs in other financial institutions
- ability to perform AFC related risk assessments, gap analyses
- ability to operate in a large financial groups, build relationships across business lines, strong communications skills
- knowledge of main AML tools and Info-providers used in the Asset Management industry (such as Fen-X, World Check, Orbis BvD, Dow Jones)
- knowledge of Microsoft Tools, in particular Excel, Word and Power Point
- fluent English and Italian, both written and oral (French or German languages is nice to have)
- CAMS, ICA or ACSS certification is a plus
Company Profile
Generali is a major player in the global insurance industry - a strategic and highly important sector for the growth, development and welfare of modern societies. Over almost 200 years, we have built a multinational Group that is present in more than 60 countries, with 470 companies and nearly 80,000 employees. Our Group aims to become the standard bearer and industry leader in the European retail insurance market, building on our existing base of 50 million retail clients, out of an overall total of 72 million.
Generali Asset Management is a European investment specialist, offering a wide range of active funds and bespoke solutions across both public and private markets. Our investment experience is grounded in a solid heritage, with skills that have been developed and honed over time by managing Generali Group and external clients' assets.
Generali Asset Management S.p.A. guarantees a solid framework of services designed to support various asset management activities. Key elements include the provisioning of IT services over all applications underpinning the investment and asset management value chain (Front Office, Trading Desk, Investment Compliance, Middle and Back Office, Analytics and Reporting, etc.) The company also acts as a holding company, retaining share capital in the boutiques and Generali Investments' companies.
