Compliance Advisory Senior Specialist

The Compliance advisory senior specialist identifies, assesses, advises on, monitors and reports under the supervision and coordination of Conduct Compliance & Culture (CC&C) Manager on the Bank’s compliance risk, defined as the risk of impairment of ING Group’s integrity, leading to damage to ING’s reputation, legal or regulatory sanctions, or financial loss, as a result of a failure (or perceived failure) to comply with applicable laws, regulations and standards.

The responsibility of the Compliance function is to proactively:

- identify, assess and monitor the compliance risks faced by ING Bank Italy;

- assist, support and advise the internal stakeholders and the Management in fulfilling their compliance responsibilities;

- advise any employee or officer with respect to their (personal) compliance obligations thereby helping ING Bank Italy to carry on business successfully and in conformity with external and internal standards.

Team Objective

• Creating awareness on Compliance risks of external and internal legislation and regulations towards the business unit;

• Supporting the CC&C Manager in advising the internal stakeholders and the Management on identifying and mitigating the Compliance risks

•  Supporting the CC&C Manager in translating the relevant legislation and regulations into rules and controls governing the internal business operations;

• Supporting the CC&C Manager in advising Management on the implementation and application of the relevant rules and controls to ensure compliance with Italian legislation and regulations;

• Independently assessing and monitoring the realization of risk mitigation activities and remediation plans;

• Supporting the CC&C Manager fostering the creation of a sense of responsibility for preventing and limiting risks by adapting the internal business operations and monitoring the realization of plans;

• Creating awareness and developing training and education;

• Supporting the CC&C Manager for the regulatory reporting to and ad hoc request from the National Competent Authorities and periodic reporting to Head Office.

Key Responsibilities

• Consult, collaborate, advise in bank’s projects in order to identify compliance risks and implement risk mitigating measures, with clear and concrete procedures and guidelines; in particular, giving input into internal procedures, control frameworks and tools, in accordance to the regulatory requirements;

• Being the main subject matter expert and relevant point of contact for Head Office and the local Wholesale Banking in reference to: corporate, structured, project and acquisition finance facilities; financial market transactions, insider information barriers, conflict of interests, personal account dealing, market abuse and trade surveillance, periodical reporting, etc.;

• Assistance to all areas of the Bank regarding advisory support on compliance policies, procedures, guidelines, with particular reference to banking/financial products for retail customers and small and medium enterprises, insurance and investment products;

• Willingness to expand knowledge to include areas not previously approached;

• Review and implement internal procedures and ING Bank Italy compliance policies;

• Support in conducting Compliance Risk Assessment;

• Monitor new regulatory developments affecting the Bank’s products and processes and proactively identifying potential gaps with the resulting regulatory framework;

• Development, maintenance and conducting of an on-going Compliance training and education programs, to promote a strong compliance culture, awareness and understanding of compliance standards, procedures and guidelines and compliance-relevant issues.

Job Competencies

• Sound knowledge of main regulations on the provision of investment services (e.g. MIFiD, TUF, SFDR), market transparency (MAR, PAD, COI);

• Knowledge of main regulations on the provision of banking and financial services (TUB, Disposizioni di trasparenza) and commercial activities (e.g. Codice del consumo)

• Ability and willingness to translate into clear and practical actions external regulations and Group requirements, always interacting in a constructive manner with internal contacts;

• Ability to identify potential Compliance risks and address the development of solutions to prevent them;

• Ability to properly and effectively communicate at different levels (verbal/written skills);

• Understanding of Retail, SMEs and Wholesale banking products and processes.

Experience and qualifications:

• You have 8+ years of experience in Compliance, Risk / Business Control / Legal / Organization Departments;

• You have a university degree or equivalent.

Technical, language and other specialized skills:

• You have an excellent level of English (verbal/written);

• You have excellent collaboration skills and ability to work across functional and geographic lines;

• You have analytical skills and sound judgement;

• You deliver and communicate in a clear, concrete and concise way.

Soft skills

• You are a team player who can work as part of a multidisciplinary team with a can-do mentality;

• You have strong decision-making skills;

• You maintain positive and constructive relationships with your stakeholders;

• You stimulate cross-function and cross-border interaction and alignment;

• You are recognized for your integrity and moral judgment;

• You ask and give constructive feedback.

Working conditions: Full Time

Duration: Permanent

Location: Milan (hybrid) 

About ING

ING offers many opportunities to build a diverse and rewarding career. You will be joining an international innovative digital bank, the first in Italy to adopt a fully flexible smart working model, and you will be working in a stimulating environment where you can grow both as an individual and as a professional.Our purpose - empowering people to stay a step ahead in life and in business - represents our belief in people’s potential. We don’t judge, coach or to tell people how to live their lives. We empower people and businesses to realize their own vision for a better future.

#doyourthing is our brand direction with us each and every day. It is how we articulate our purpose and our promise to make banking frictionless to the world.

‘do your thing’ is about people being free to live the life they want to live, knowing that they will make their world a little better for it.

Do you think you are "a step ahead"? Apply now!

The benefits of joining ING

In addition to being a part of a great team, working in a fun and innovative environment, we offer:

• Super flexible smart working

• Competitive base salaries and performance based bonuses

• Diverse cultures & Innovative mindsets

• International Environment

• Commitment to sustainability

• Lots of training development opportunities to help you grow

• Lots of moments dedicated to physical and mental well-being

• A special day off when it is your birthday: we call it #doyourbirthday!

• And of course we can’t forget: free water & coffee at the office!

Our Commitment

Diversity is a fundamental element of our corporate culture, and we are fully committed to creating a safe and inclusive environment, based on mutual respect and the value of diversity, offering equal job opportunities to all qualified candidates.

Job Application Safety Reminder ⚠️

We’re seeing an increase in fraudulent job offers. To protect yourself, please follow these key guidelines when applying for roles at ING:

• Apply only via official ING platforms: ING uses Workday as its internal recruitment system. Applications should be submitted only via our official career site.

• Check the sender’s email carefully: legitimate communication will always come from: @ing.com and/or @myworkday.com

• No payments or banking details will ever be requested. If someone asks for this information, it’s a scam.

If you suspect suspicious activity, report it immediately. Your safety matters to us.