Compliance Analyst Internship

Schedule: Monday to Friday from 9:00 a.m. to 3:00 p.m.

Desired start date: ASAP

Duration: 6 months of internship + possibility of extension

Location: Madrid.

Paid internship.

Degree in Law or a double degree in Law and Business Administration (or Economics).

Knowledge of products, processes, and regulations related to the prevention of money laundering and terrorist financing (AML/CFT).

Knowledge of banking processes and products.

Knowledge and experience in compliance risk assessment methodologies.

Knowledge of applicable AML/CFT regulations.

Ability to work in a team (including international teams) and to work autonomously when necessary.

Proficiency in English (oral and written).

We are looking for a decisive, proactive, and honest person, with excellent communication skills.

Do you want to take the first big step in your professional career? At ING Bank, we offer you a unique opportunity to get to know the legal sector up close

It is an excellent opportunity to learn and be part of the team; you will collaborate in the fair and effective resolution of customer complaints, collaborating with the different departments of the bank to ensure that the processes originating such complaints comply with regulatory requirements and offer the best possible experience to the customer.

Likewise, the team interacts with regulatory supervisors to respond to their information requests in accordance with current regulations and deadlines.

Support in the analysis of current and future regulations, as well as their implementation.

Monitoring of regulatory compliance and applicable policies and procedures (both local and Group-wide), and reporting of incidents regarding economic-financial crimes.

Optimization of the control environment in collaboration with the MLRO and the Compliance Officer, including training and awareness initiatives in this area.

Execution of second line of defense controls on the processes and procedures carried out by the first line of defense in the fight against money laundering and terrorist financing.

Monitoring of already implemented initiatives.

Participation 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.

Participation in the continuous training program on this subject for all members of the organization.

Carrying out special analyses of potentially suspicious transactions for submission to the supervisor.

Analysis and implementation of local regulations.