Compliance Specialist - Financial Crime Compliance

At ING we are looking for Compliance Specialist

Your role and work environment:

We are looking for a talented and enthusiastic Compliance Specialist to join our Compliance Team focused in Wholesale Banking Area.

The responsibility of this team is supporting ING Bank in Spain in being compliant with applicable laws, regulations and reasonable expectations of society at large as well as being the preferred bank for its clients by ensuring that it does the right things, the right way with integrity. This entails that every employee within ING Bank respect the letter and spirit of applicable laws, regulations, as well as policies, standards and the internal values and behaviors defined by the Orange Code and our way of working is with key internal stakeholders and offer an environment which provides a global overview on how the regulatory requirements and controls are embedded within the business, and provides an opportunity to support relationships with external stakeholders, regulators and supervisory institutions as well as the global functions at Head office.

Your key responsibilities:

As a FCC (Financial Crime Compliance) you will:

Positively contribute to:

Analyze current and future regulations and their implementation in business processes related to AML/CFT.

Give advice to business areas in the execution and development of commercial opportunities related to CIB products and services.

Manage and support to the team in internal processes, such as client portfolio analysis, alerts generated by pre- and post-transactional monitoring applications.

Monitor compliance with regulations and applicable policies and procedures (local and Group) and the reporting of incidents in Financial Economic Crime.

Optimize the control environment in collaboration with the MLRO and the Head of Compliance, including training and awareness initiatives in this field.

Define and execute 2nd line of defense controls on processes and procedures carried out by the first line of defense in the fight against money laundering and terrorist financing.

Analyze new initiatives in the organization with the aim of identifying possible risks and the measures to be implemented, as well as the monitoring of initiatives already implemented.

Participate in the preparation of Compliance Manuals: summary of relevant and applicable laws and regulations; as well as action policies and procedures and their periodic review.

Give advice on compliance matters for the rest of the organization, focusing on AML/CFT.

Liaison tasks between the regulatory bodies and the entity.

Carry out special analyses of potentially suspicious operations for submission to the supervisor.

Participate with Global FCC Community and where applicable part of global working teams.

What are we looking for?

Want to know if this job is made for you? These are some of the qualities that we value the most for this role. And if the shoe fits… don’t hesitate to apply!

For us, a Compliance Specialist is someone who:

Knows about:

Compliance or Risk and Control Management, being required a bachelor’s degree in law or Double Degree in Law/ADE, Economics

Advanced knowledge of products and services offered in Commercial and Investment Banking, M&A Corporate Finance & Syndicate Lending

Products, processes, and regulation related to CIB.

Analysis and implementation of local regulation

Is a master of:

Solid knowledge of banks’ processes & products

Knowledge and experience regarding compliance risk assessment methodologies

Knowledge of applicable regulation focused on AML/CFT

Have a strong track record of advisory with regards to FCC on CIB related matters.

Is an ace in:

Team playing, being capable of working in international teams, but also independently if needed.

Delivering within a fast-paced, high demand environment while balancing multiple priorities.

Communication and presentation skills

Written and spoken English.

We are looking for a resolute, proactive, honest person with strong communication skills.

Has worked in:

A comparable role in an AML/CFT and Investment within the financial sector or a consultancy firm, with at least 5 years of experience and with knowledge and experience in CIB (Corporate Investment Banking).

What do we offer?

The time you spend at work, the challenges you face or the lessons you get are very important, but… What about your personal life? At ING we want your work to fulfill you in every way, and that is why we take care of even the smallest details.

Check out what is waiting for you!

Be flexible my friend.

Our model is all about flexibility and accountability. Keeping both our customers and our colleagues needs in mind, you determine together which days you work at home and which you come to ING MAD to offer your best self. Do your thing.

Restaurant card.

So that thinking about what to have for lunch doesn’t take up your time or your cravings.

Our house will be your home.

In our offices you can find electric mobility solutions, doctor, hairdresser, gym, The Good Service (to help you with your errands) and much more!

Health insurance.

For you and all your family (spouse/partner and children).

Life insurance.

We help you protect what matters most to you.

Flexible remuneration.

In addition, you will enjoy our flexible remuneration model, through a more tax-advantaged way, you will be able to access other services such as nursery, transport card, training aids…

Free company shuttle.

It doesn't matter where you live. We have 6 routes (North, Central, South, A5, A42 and A6) to get you to our ING office in Madrid comfortably.

Banking benefits.

Special loans with more beneficial conditions.

Special mortgage conditions after 6 months working at the bank.

And you can benefit from our pension plan after 1 month with us!

More vitality and more belonging

360º care of the employee (physical, mental, financial, and social).

Health services in company (physiotherapy, phycological and medical services).

Orange sports (football, basket, running, golf, gympass …).

Employee Networks: Rainbow Lions (LGBTQI+) & Leonas.

Get to know Us

We are a team of more than 1600 people sharing one idea: doing our bit in helping our clients create a better future for themselves, by providing them with the tools they need to get where they want to go.

A fully online bank where technology, innovation, simplicity and transparency are the main ingredients, and the first one to work with agile methodologies.

And although we are based in Spain, we are lucky to work in an international bank with presence in more than 40 countries.

We are proud to have a diverse team and we are committed to continue developing a culture of Diversity, Inclusion and Belonging to foster a culture of collaboration and innovation that represents all collectives in the society.

And even though we look orange on the outside, we are green on the inside. Our ambition in Sustainability is Empowering (y)our Sustainability journey. We are embarking on our path, for us, but we are also there for when our clints decide to embark on this journey.

Making things happen, helping others be successful, always being one step ahead—that’s our DNA. If you look at yourself in the mirror and your reflection matches our way of being and working…we are looking forward to meeting you!