Description
About MFR Credit Ratings
MFR Credit Ratings (MFR CR), a fully owned subsidiary of MFR, is currently involved in the application process for registration as a credit rating agency with the European Securities and Markets Authority (ESMA). MFR CR’s mission is to provide the inclusive and sustainable finance industry worldwide with independent credit ratings to enhance transparency, facilitate high-impact investments and benchmarking, and promote responsible practices.
MFR, with over 20 years of experience, stands as a global rating agency committed to providing assessments, data, and technical expertise for the inclusive and sustainable finance industry. MFR’s mission is to provide independent opinions, based on verified information, to facilitate investments and foster responsible practices.
Location
Milan Head Office, Italy. Alternative working locations within the EU can be agreed upon.
Job overview
MFR CR is looking for a Compliance Assistant to join our dynamic and international team based in Milan. Flexible working arrangements within the EU may also be considered.
In this role, you will support MFR CR on regulatory compliance matters. Your responsibilities will include monitoring and managing compliance risks, liaising with regulators, and providing internal guidance and training. This is an excellent opportunity to contribute to a mission-driven organization while growing your expertise in compliance within a global context.
Tasks and responsibilities
- Ensuring compliance with laws, rules, and regulations applicable to MFR CR and the group, and promoting internal compliance culture.
- Understanding existing and new relevant sector regulations and initiatives.
- Interacting with regulators (e.g., attending meetings, managing documentation, drafting responses to regulatory requests), as well as with other external stakeholders (e.g., trade associations).
- Preparing, implementing and periodically reviewing internal policies and procedures.
- Preparing training materials, and advising staff on compliance matters.
- Monitoring and identifying potential conflicts of interests or incompliances, defining remedial actions, escalation schemes to appropriate stakeholders, and reporting (including written reports) to the Board of Directors and other internal communications.
Qualifications
Minimum requirements
- Master’s degree in Economics, Finance, Law, or a related field with a strong academic record.
- General knowledge of the EU regulatory and supervisory framework, with interest in the credit rating sector and its regulation.
- Excellent command of English, both written and spoken.
- Proficiency in Microsoft Office applications.
- High standards of ethics and integrity, with a proactive, flexible, and diligent approach to work.
- Strong organizational and time-management skills, with the ability to meet deadlines and work independently.
- Excellent drafting and communication skills, with keen attention to detail.
Optional requirements (considered an advantage)
- Knowledge of the European Credit Rating Agencies Regulation (ESMA CRAR).
- 1–2 years of relevant professional experience, preferably in a credit rating environment or in compliance within the financial sector.
- Demonstrated ability to quickly learn and adapt to evolving regulations, and to develop practical approaches to compliance challenges.
Benefits
- An international and collaborative work environment that values inclusive communication and supports both personal and professional growth.
- A structured induction and training program, including hands-on learning through missions alongside senior analysts.
- Competitive remuneration package and flexible work arrangements (including remote work options).
- Clear opportunities for career progression and salary growth within a dynamic and expanding organization.
Application Process
We invite interested candidates to submit their applications, including a comprehensive CV and a cover letter outlining their relevant experience and motivation for joining MFR Credit Ratings Team.
We look forward to reviewing your submissions!
