MLRO and AML Compliance Officer (m/w/d) (GERMANY)

MLRO and AML Compliance Officer
Offering between €100,000 – €130,000
Located in Eschborn, Germany
24 Month Contract

About The Company

This bank was formed in 1955 at the initiative of the World Bank, the Government of India and representatives of Indian industry. The principal objective was to create a development financial institution for providing medium-term and long-term project financing to Indian businesses. Until the late 1980s, they primarily focused its activities on project finance, providing long-term funds to a variety of industrial projects. With the liberalization of the financial sector in India in the 1990s, they transformed its business from a development financial institution offering only project finance to a diversified financial services provider that, along with its subsidiaries and other group companies, offered a wide variety of products and services. As India’s economy became more market-oriented and integrated with the world economy, they capitalized on the new opportunities to provide a wider range of financial products and services to a broader spectrum of clients. They incorporated in 1994 as a part of the a group. In 1999, the bank became the first Indian company and the first bank or financial institution from non-Japan Asia to be listed on the New York Stock Exchange.

Key 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 MLRO of the Germany branch

Requirements

• 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

Benefits

• Offering between €100,000 – €130,000

In our company values we aim for equity at all stages of the recruitment process, please let us know if we can do anything to make the process more accessible to you.