Compliance Officer / MLRO of Italian Branch

At Vivid, we're reimagining how individuals and businesses manage money. Our all-in-one app opens up a world of financial possibilities: manage your day-to-day payments, invest in global stocks, ETFs, and over 150 cryptocurrencies, earn cashback on everyday purchases, and access personalized insights to make the most of your finances - all tailored to your lifestyle.   

For businesses, Vivid Business offers a powerful suite of tools, including multi-IBAN accounts, high-interest rates, business cashback, team cards, and seamless accounting integrations to streamline operations.   

Our mission? Your success. Everyone deserves the chance to see their finances flourish, and we’re dedicated to empowering our customers to make this a reality.     

Since our 2020 launch in Germany, Vivid has rapidly expanded across Europe, earning the trust of hundreds of thousands customers looking for a simpler, smarter way to grow their wealth. To localize our services we are opening branches across Europe for our customers being able to enjoy using local IBANs.

Are you an AML professional with hands-on experience onboarding and monitoring SMEs in Italy? Do you understand local legal structures, market practices, and the documentation typically required from Italian businesses to ensure compliant onboarding and ongoing monitoring? Are you confident navigating Italian AML regulations and interested in broadening your expertise into adjacent areas such as Privacy and Consumer Protection within a fast-moving FinTech environment?

We’re looking for a driven and proactive compliance specialist who wants to make a tangible impact. This position offers the opportunity to gain broad compliance experience, work on significant projects, be involved in high-priority initiatives, and develop your skills under the guidance of seasoned Compliance professionals. As a stand-alone function, you will hold end-to-end responsibility for compliance within the Italian branch, while also contributing to operational improvements and process optimization across the branch.

You will be part of the Operations, with your main reporting line into the Operations team and a functional reporting line to the Chief Compliance Officer (CCO) of Vivid Money S.A. Together with the Head of Branch, you will form the local management team and act as formal legal representatives of the establishment.

• Report suspicious activities (SAR/STR) to the local FIU and ensure timely, accurate and complete submissions.
• Act as the primary point of contact for competent authorities, including FIU and regulators, and manage all related interactions.
• Collaborate closely with Group Compliance to ensure alignment with group standards, policies and risk appetite.
• Own and maintain local AML processes for onboarding and ongoing monitoring, ensuring they are applied consistently and effectively.
• Escalate, assess and decide on complex or high-risk cases.
• Ensure all AML processes, policies and controls remain compliant with local regulatory requirements.
• Identify deficiencies in AML processes and take corrective action where needed.
• Contribute to regulatory reporting and support audits or regulatory requests where required.

• At least 5 years of hands-on AML/compliance experience, including handling real customer cases, escalations and suspicious activity reporting.
• Proven experience with SAR/STR reporting and interaction with FIUs or regulators.
• Strong understanding of AML risks related to SME / business clients.
• Ability to take ownership and make decisions in high-risk or ambiguous situations.
• Well-structured, independent and comfortable operating under regulatory scrutiny.
• Fluent in English and Italian, both written and spoken.

• We have a hybrid model in our Milan office, or fully remote from Italy. 
• This is a senior-level position with a competitive salary and benefits package. 
• Real growth prospects, significant responsibility, and the ability to make an immediate impact from day one!