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Deputy AML/ MLRO Officer

Posted on Dec 12, 2018 by Selby Jennings

Frankfurt am Main, Hessen Germany
Immediate Start
Annual Salary
Our client, a leading International Banking Group with a longstanding presence in Frankfurt are currently seeking a Deputy AML/ MLRO Officer for their Compliance & Legal department.Role - Deputy AML/ MLRO OfficerLocation - FrankfurtSalary -70-80k Euro per year Apply now to role offers candidates a great opportunity to work within a leading banking group. The role will support and report directly to the Local Head of Compliance.The role
Deal with internal and external auditors managing all FC/ Regulatory Compliance inspections conducted by them;
Identify, on an ongoing basis, changes to external rules and Regulations and provide advice related to all German FC/ Regulatory Compliance issues/updates to Head Office as required
Manage the execution of transactions or the opening and maintenance of existing business relationships with high risk customers, including Politically Exposed in conjunction with the General Manager of the branch
Deal with the day to day FC queries
Support the Management of the suspicious activity report (SAR) on FC topics;
Carry out complex research/investigation in order to confirm whether or not the potential matches are true matches or in order to get a full picture of the associated risk posed by potential or exiting customer
Assist the Head of Department to arrange, administer and ensure all staff carry out appropriate FC/Regulatory Compliance training;
Monitor adherence with the Branch's and ISP's Group FC (Anti-Money Laundering, Sanctions, Anti-Bribery and Corruption and Fraud) Regulatory Compliance internal policies and procedures
Oversee the mitigation of FC risk within the Branch and perform second level controls
Manage the correct treatment of alerts generated by the Financial Sanctions screening tool
Assist the Head of Department to produce reports for the Local Regulatory Authorities
Assist to Create FC management information and reports to Head Office
Perform with the support of the local management the FC Risk Assessment of the branch
Assist with other ad-hoc tasks and projects.
Required Experience
Solid experience in Compliance/ AML of corporate investment bank
University degree in law, finance, economics and/or related experience
Good knowledge of AML, anti-bribery and corruption laws and regulations
Good knowledge of local and international Economic Sanctions and embargos laws and regulations
Knowledge of Financial Institutions, Correspondent Banks, and Trade/Project Finance products and capital
Knowledge of international Compliance regulations and international practices
Experience in Compliance and AML within a banking environment
Strong analytical and problem-solving capabilities
Ability to research laws and regulations and provide advice on the applicability within a given environment;
Deep understanding of the investment management/financial business
Excellent detailed-oriented skill set
Ability to synthetize large volume of information and identify key issues
Ability to produce high quality work to meet challenging deadlines
Excellent organisational skills
Ability to work under pressure
Good command of Microsoft Office
Positive attitude towards colleagues and the organisation to ensure seamless communication
Fluent English and German, Italian is an advantage
Apply now to Key Words: Compliance, audit, financial crime, regulation, regulatory, transaction, monitoring, AML, anti-money laundering, sanctions, anti-bribery, corruption, fraud, policies, procedures, embargo, risk, MIFID, FATCA, GDPR, law

Reference: 598082489