(dep.) Money Laundering Officer (m/w/d)
We are looking for a Deputy- and Money Laundering Officer (m/w/d) for an international bank in Frankfurt. The contract is initially a fixed term contract for 2 years.
Job Purpose:
· Have a general understanding of the relevant Regulators rules, anti-money laundering legislation, proceedings, monitoring. Proceeds of Crime Act & Fraud prevention and ensure the Bank conducts its activities in accordance with regulatory requirements
Area of Responsibility
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 AMLKYC 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 (D-)MLRO of the Germany branch
Main Accountabilities and approximate time split
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Technical Skills and Competencies |
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· Good awareness of compliance related laws, rules and regulatory issues and announcements |
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· Good understanding of Anti-Money laundering rules |
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· Good analytical and communication skills and problem solving |
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· Ability to work to tight deadlines |
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· High level of accuracy and attention to detail |
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· Able to deal with internal and external queries and referrals in a timely manner |
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· Able to work independently and as a part of a team |
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· Good computer literacy and knowledge of Microsoft Word/Excel |
Job Requirements/ Specification
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Qualifications |
As required by Job |
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Work Experience |
No of Years |
Industry |
Area of work |
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Banking or financial services or insurance |
AML/Financial crime/Compliance division |
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The SR Group (UK) Limited is acting as an Employment Agency in relation to this vacancy.
