The opportunity
We are looking for an AFC Associate - SAR Writer to join our Italian MLRO Team in Madrid. In this role, you will act as the crucial bridge between first-line operational investigations and regulatory reporting.
What you'll do
Review and challenge the initial alerts analysis, customer profile: assessments, and transaction findings escalated by the 1st Line of Defense.
Draft detailed, structured, and compliant SAR reports, writing the official: case narrative and reconstructing the customer’s suspicious behavior according to Italian FIU (UIF) guidelines.
Identify any analytical gaps or missing documentation in the 1st line: escalation and collaborate with operational teams to collect necessary case details before finalizing the draft.
Prepare finalized draft files alongside clear, evidence-based recommendations: for the SAR Delegate and Italian MLRO to facilitate final review, sign-off, and submission.
Provide feedback to 1st Line of Defense on escalation quality to help align: first-line investigative standards with regulatory expectations.
Support the Italian MLRO team in maintaining organized SAR logs, updating: report templates, and compiling data for internal audits and annual regulatory self-assessments.
What they're looking for
- University degree in Law, Economics or a related field.
- to 3 years of experience within an Anti-Financial Crime (AFC), AML, or: Compliance function (2nd Line of Defense preferred), ideally in a bank, payment institution, or fintech operating in Italy.
- Direct experience or strong familiarity with the SAR/SOS drafting process (: segnalazioni di operazioni sospette ) under the Italian FIU (UIF) regulatory framework.
- Professional certifications (e.g., ICA, ACAMS) are a plus.
