Role: Deputy AMLO
Location: Frankfurt
Salary: Competitive and Candidate Dependent
We are partnered with a renowned global universal bank that offers a wide variety of financial services, including consumer banking, business solutions, and wealth management.
The Role
- Support the MLRO in managing the AML/CTF/AFC program, ensuring adherence to legal and regulatory standards.
- Partner with the MLRO to prepare required regulatory documents, such as SARs, annual risk assessments, and compliance reports.
- Provide comprehensive analysis and reports to aid the MLRO in making decisions on complex AML/CTF issues.
- Assist the MLRO in formulating and executing the AFC strategy to protect the organization from financial crime risks.
- Review alerts from screening systems for sanctions, PEPs, and negative media coverage.
- Ensure escalations from transaction monitoring and screening teams are properly reviewed, documented, and addressed.
- Manage the organization's whistleblowing process, ensuring a secure, confidential way for employees and stakeholders to report financial crime or misconduct.
- Work with relevant departments to investigate whistleblower reports, ensuring appropriate escalation and resolution.
The Candidate
- Bachelor's degree in Finance, Law, Business Administration, or a similar field.
- At least 5-7 years of experience in financial crime compliance.
- Deep knowledge of AML/CTF regulations and standards, including FATF guidelines, EU AML directives, and local laws.
- Strong experience in wholesale banking, with a solid understanding of DE/EU regulatory requirements.
- Skilled in developing and executing control frameworks, performing audits, and making improvements based on results.
- Strong communication skills for engaging with both internal and external stakeholders.
- Professional certifications (e.g., CCP, ACAMS) are advantageous.
- Fluent in German & English.
