Compliance Associate

Are you interested in working in the Financial Markets ?

We are looking for a Compliance Associate to join our team.

Who are we?

Itaú Europe S.A. is a Luxembourg-based bank, with a Branch in Portugal, and part of Itaú Group, the largest banking institution in Brazil and Latin America.

We believe that talent and innovation flourish in a diverse and inclusive environment. We are driven by people committed to generating value for our clients, shareholders and society. We want our employees, the Itubers , to feel welcomed to bring as much of their true selves to work as they like.

Therefore, we encourage all candidates to apply regardless of gender, race, disability, sexual orientation, and any other characteristic that could be subject to discrimination.

Our core values are: We don’t have all the answers • We have each other’s back • We treasure diversity • We are driven by results • We put the client first • We make choices and decisions • Ethics are non-negotiable

About the Role:

To support the delivery and continuous improvement of the Compliance Framework by carrying out compliance monitoring, governance and reporting activities across the Bank and its Branches. The role combines hands-on regulatory compliance responsibilities with data analysis and the continuous improvement of the control framework and documentation, particularly with the use of digital and AI-enabled tools. The position is intended for a professional with strong analytical and digital capabilities, able to manage assigned tasks with a certain degree of autonomy, exercise sound judgement, challenge constructively and escalate material matters promptly, while remaining closely aligned with the Head of Compliance and senior team members.

What will you be doing?

Key Priorities:

• Deliver timely, risk-based Compliance advice and support to the business, under the guidance of the Head of Compliance and senior team members.
• Own assigned Compliance processes from planning through execution, documentation, follow-up and reporting.
• Support the effective implementation of regulatory change and continuous enhancement of the Compliance framework.
• Produce clear, decision-useful management information and committee materials, with reliable data and audit-ready evidence.
• Use data analysis, automation and AI-enabled tools responsibly to improve efficiency, consistency and control effectiveness.

Key Responsibilities:

• Support regulatory compliance advisory activities and regulatory change impact assessment.
• Compliance risk assessment, monitoring plan execution, thematic reviews and tracking of remedial actions.
• Financial crime compliance support, including AML/CFT, sanctions, PEP and related control-framework matters, as allocated within the team.
• Governance activities, including policies and procedures, committee submissions, management reporting and maintenance of decision records.
• Contribute to the product and business-change reviews, including the preparation of Compliance assessments for the relevant governance and approval processes.
• Support the Compliance training, awareness and business engagement activities.
• Maintenance of Compliance records, knowledge repositories and evidence in SharePoint and other approved systems.
• Data quality assessment, development and maintenance of dashboards, workflow automation and other digital solutions using Microsoft 365, Power BI, Power Automate and Microsoft Copilot.

Key Stakeholders:

• Head of Compliance, Senior Compliance Officers and other members of the Compliance team.
• Business lines, Operations and the Management of the Bank.
• Risk Management, Legal, Internal Audit, Finance, HR, IT, Information Security and Data/Transformation teams.
• Governance committees and senior management, depending on the assigned topic.
• Group or Head Office Compliance functions and colleagues in branches and representative offices.
• External advisers, auditors and regulatory authorities, where specifically authorised.

What are we looking for?

Ownership and Decision-Making:

• Independently manage assigned workstreams and recurring controls, agreeing priorities and deadlines with the line manager.
• Assess issues, form a reasoned Compliance view and provide practical recommendations within the role’s delegated authority.
• Challenge incomplete or inadequate information and request appropriate evidence before concluding an assessment.
• Identify, document and escalate material risks, breaches, delays or conflicts promptly. Matters outside delegated authority remain subject to decision by the Head of Compliance or the relevant governance body.
• Coordinate stakeholders and follow actions through to closure, maintaining a clear audit trail.

Experience and Knowledge:

• Master or Bachelor’s degree in Law, Business, Finance, Economics, Risk, Information Systems, Data Analytics or another relevant discipline.
• Typically 3 to 6 years of relevant experience in Compliance, Risk, Internal Audit, Banking Operations or another control function within financial services. Candidates with a more senior background may be considered where their experience matches the role’s scope and hands-on nature.
• Working knowledge of EU financial-services regulation and a practical understanding of banking products, processes and control frameworks.
• Ability to interpret regulatory requirements, assess risk and translate conclusions into proportionate actions and clear written outputs.
• Fluent in English, including drafting skills. any other EU language will be highly valued; French, Portuguese or Spanish is an advantage.
• Advanced working knowledge of Microsoft 365, particularly Excel, SharePoint and Teams.
• Experience with Power BI, Power Automate, Copilot or other analytics and workflow tools is an advantage.

Skills and Competencies:

• Sound judgement, intellectual curiosity and the confidence to take a position and explain the rationale.
• Strong ownership, organisation and follow-through, with the ability to manage competing priorities.
• Clear, concise and audience-appropriate communication, including with senior stakeholders.
• Constructive challenge, discretion and high professional standards.
• Collaborative approach and ability to operate effectively across cultures, entities and locations.
• Pragmatic, improvement-oriented mindset, with strong attention to detail and data quality

What can you expect?

• Permanent contract.
• Competitive compensation package.
• Hybrid working model.
• Career development opportunities within an international and multicultural banking group.
• Exposure to senior management and strategic banking activities.
• A dynamic, fast-paced and intellectually stimulating environment.
• Opportunities to develop expertise in Financial Markets, Banking Regulation, Data Analytics and emerging technologies.

If you believe you are the right fit for this position, please send us your application!

Please note:

Only applications through LinkedIn will be considered and due to the high volumes of applications that we receive, we will only contact those candidates that we would like to invite to an interview.