Deputy MLRO (2 Year FTC)- Frankfurt

THE COMPANY:

Our client is multinational Corporate and Retail banking company.  They are looking for a DMLRO 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 and outsourced AML unit in all relevant 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
• Registration with regulator as Deputy MLRO 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