At American Express, our culture is built on a 175-year history of innovation, shared values and Leadership Behaviors, and an unwavering commitment to back our customers, communities, and colleagues. From delivering differentiated products to providing world-class customer service, we operate with a strong risk mindset, ensuring we continue to uphold our brand promise of trust, security, and service.

How will you make an impact in this role?

The Anti-Money Laundering (AML) team reports directly to the Market Compliance Officer who is also the AMLCO (Anti-money Laundering Compliance Officer) and the MLRO (Money Laundering Reporting Officer).
The AML team performs all the activities related to AML topics including enhanced due diligence and transaction monitoring activities.

• Conduct end-to-end AML investigations, including transaction monitoring alerts, customer activity reviews, and case escalations
• Perform Customer Due Diligence (CDD), Enhanced Due Diligence (EDD), and periodic reviews in accordance with regulatory requirements
• Review and analyze suspicious activity and assist the preparation and submission of Suspicious Activity Report to relevant authorities
• Monitor and assess client transactions for potential money laundering, terrorist financing, and other financial crimes
• Maintain accurate and up-to-date documentation of investigations and decisions
• Stay current with evolving AML regulations and typologies, and support implementation of regulatory changes
• Support the development/update policies and procedures, training programs, independent monitoring and testing activities, sanctions
• Support the MLRO in AML/CTF reporting towards the Business and Senior Management and with the identification and regulatory assessment of new requirements applicable to the Business

Minimum Qualifications:

• Degree in Law or Economics
• 3-5 years of experience in an AML or Financial Crime Compliance role, preferably within banking, financial services, or Fin Tech
• Strong knowledge of AML laws, regulations, and regulatory expectations
• Excellent analytical, investigative, and problem-solving skills
• Ability to analyze large volumes of data and identify unusual patterns or behaviors
• Excellent interpersonal and communication skills
• Learner attitude and eye for improvement needs
• Ability to handle multiple tasks and prioritize work in a deadline-intensive environment
• Fluency in Italian and English (both written and verbal), additional languages are an advantage
• Excellent knowledge of MS Office (Microsoft Word, Excel, Power Point

Employment eligibility to work with American Express in the Italy is required as the company will not pursue visa sponsorship for these positions.

We back you with benefits that support your holistic well-being so you can be and deliver your best. This means caring for you and your loved ones' physical, financial, and mental health, as well as providing the flexibility you need to thrive personally and professionally:

• Competitive base salaries
• Bonus incentives
• Support for financial-well-being and retirement
• Comprehensive medical, dental, vision, life insurance, and disability benefits (depending on location)
• Flexible working model with hybrid, onsite or virtual arrangements depending on role and business need
• Generous paid parental leave policies (depending on your location)
• Free access to global on-site wellness centers staffed with nurses and doctors (depending on location)
• Free and confidential counseling support through our Healthy Minds program
• Career development and training opportunities

Offer of employment with American Express is conditioned upon the successful completion of a background verification check, subject to applicable laws and regulations.