Senior FinCrime Analyst Italy

About

Swan is Europe’s embedded banking specialist. We empower software companies to embed banking features like accounts, cards, and payments directly into their products, under their own brand. Swan processes over €1.5 billion in monthly transactions for more than 150 companies—like Pennylane, Indy, Agicap, Libeo, and Lucca. Founded in 2019, the company has received growth capital from leading investors such as Lakestar, Accel, Creandum, Bpifrance and Eight Roads. Swan is a principal member of Mastercard and a licensed financial institution, regulated by the French banking authority (ACPR).

Job Description

As a FinCrime Analyst, you will play a crucial role in ensuring the safety and compliance of our financial operations. Operating within the Financial Crime team, which collaborates closely with Compliance, Legal, and Operations, you will be instrumental in detecting and addressing risks related to money laundering, fraud, sanctions, and other illicit activities. Your expertise will contribute to protecting the company’s reputation and ensuring regulatory compliance, with a specific focus on the Italian market and corporate customers.

Responsibilities

• Transaction monitoring as a 2nd line: Analyze escalations from 1st line on customer transaction patterns, with a strong focus on Italian corporate customers, to identify potential money laundering or fraudulent activities.
• Sanctions screening: Perform sanctions and PEP screenings as well as due diligences when necessary to ensure compliance with international and local (Italian) regulatory requirements.
• Investigations: Conduct in-depth investigations into suspicious activities and transaction patterns, assessing, drafting and submitting Suspicious Activity Reports (SOS) in line with Italian AML regulations.
• Fraud response: Support the management of fraud-related incidents, including analyzing chargeback cases, unauthorized transfers, and phishing attempts.
• Procedure development: Contribute to the continuous improvement of FinCrime procedures, and controls, with particular attention to Italian regulatory expectations.
• Data reporting: Preparation, drafting, and submission of Suspicious Activity Reports (SOS) to the Italian Financial Intelligence Unit (UIF), including operational use of Infostat-UIF, following internal approval processes.
• Training: Support training initiatives to educate teams on emerging FinCrime risks, typologies, and mitigation techniques.

Preferred Experience

• You have 5 years of experience in financial crime, fraud, or AML within Fintechs, Payment Institutions, EMIs, or traditional banking environments, with focus on corporate clients.
• You have hands‑on experience with the Italian AML framework, including UIF indicators of anomaly and Suspicious Activity Reporting (SOS).
• Familiarity with transaction monitoring tools and AML regulations (e.g. FATF recommendations, EU AML directives, Italian AML Law – D.Lgs. 231/2007) is a must.
• You possess strong analytical skills and a detail‑oriented mindset.
• You are able to work autonomously on complex cases while collaborating effectively with the MLRO and senior stakeholders.
• You demonstrate strong written and verbal communication skills, in both Italian and English.
• Prior experience with Infostat-UIF is considered a strong asset.

Perks

• Holidays: 27 days of paid leave.
• Well‑being support: access to Moka Care for mental health and wellness.
• Hybrid remote policy: We offer the possibility of working from home for 2 days per week.
• Offsite: Once a year we gather to reconnect, deep-dive into big topics, and relax.
• Diversity and inclusion: We’re working hard to get better every day.

EEO Statement

Swan is committed to providing a caring work environment for all employees, regardless of age, sex, disability, sexual orientation, race, religion, or belief. When it comes to recruitment, we’re interested in your work experience, skills, and overall personality. Because diversity makes the workplace stronger and is necessary for Swan’s success, we are intensifying efforts to incorporate concrete actions to help us improve in this area.