Our client is multinational Corporate and Retail banking company. They are looking for an AML & Compliance Officer to join the business based in Germany.
THE RESPONSIBILITIES:
Have a good understanding of: the relevant German Banking Act, MaRisk, German Anti-Money Laundering Act/Anti- Money Laundering legislation and fraud prevention, compliance monitoring and assist with ensuring the Bank conducts its activities in accordance with regulatory requirements
Remain up-to-date with regulatory and legislative developments
Carry out SAR evaluations acting as a central point of contact for all SARs disclosures and for communication with relevant authorities including NCA
Review and conduct investigation on AML\KYC alerts generated from the Bank’s transaction monitoring and name screening systems
Assist the MD back office in AML and compliance related areas
Resolution of KYC referrals and provide guidance to the business units
Assist with Compliance Monitoring Reviews including completion of field work, identification of findings and report writing
Respond to enquiries from law enforcement agencies and regulators and provide full cooperation with enforcement with law enforcement authorities as necessary
Assist with the preparation and implementation of polices and processes to help mitigate financial crime risks and maintain compliance
Assist in the development and delivery of financial crime training
To undertake projects and assignments from time-to-time as directed by management
Preparation and execution of the MaRisk compliance process and guidelines.
Interact with external and internal auditors and with German supervisory authorities on regulatory and AML matters
Prepare gap analysis of new and changed local AML and compliance regulations and report regulatory risks to the local and global management Act as a back up to the MLRO and Regulatory compliance officer in their day to day matters on the AML/KYC/Regulatory compliance aspects.
Register with the German regulator as a Deputy MLRO as and when required by the management of the Germany Branch.
EXPERIENCE REQUIRED:
Good awareness of compliance related laws, rules and regulatory issues and announcements
Good understanding of Anti-Money laundering rules
Good analytical and communication skills and problem solving
Ability to work to tight deadlines
High level of accuracy and attention to detail
Able to deal with internal and external queries and referrals in a timely manner
Able to work independently and as a part of a team
Good computer literacy and knowledge of Microsoft Word/Excel
For further information please contact Holly Courtney
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