Description

On behalf of an established bank, Hirschman Associates is seeking an experienced anti-financial crime professional to take on the role of Money Laundering Reporting Officer in Frankfurt.

This position offers the opportunity to take ownership of the bank’s AML framework, advise senior management and contribute to a strong compliance culture.

Your tasks

• Act as the bank’s designated Money Laundering Reporting Officer and central point of contact for AML-related matters.
• Oversee and further develop the framework for preventing money laundering and terrorist financing.
• Maintain AML policies, procedures and controls in line with applicable German and European requirements.
• Lead the preparation and ongoing review of the bank’s AML risk assessment.
• Oversee customer due diligence standards, including enhanced due diligence, high-risk relationships and relevant escalations.
• Assess suspicious activity and oversee the submission of suspicious transaction reports to the competent authorities.
• Evaluate the effectiveness of transaction monitoring and other AML controls, initiating improvements where needed.
• Provide clear advice and regular reporting to senior management on financial crime risks, control effectiveness and remediation priorities.
• Coordinate AML-related regulatory requests, audits and follow-up actions.
• Deliver targeted training and work closely with business and control functions to embed effective AML practices.

Your profile

• Substantial experience in anti-money laundering and financial crime compliance within the German banking sector.
• Previous experience as an MLRO or Deputy MLRO, or comparable senior responsibility within an AML function.
• Strong knowledge of the German AML Act and relevant regulatory expectations.
• Practical expertise in AML risk assessments, customer due diligence, suspicious activity reporting and control oversight.
• Sound judgement and the confidence to challenge and escalate matters appropriately.
• Strong stakeholder management skills and the ability to communicate effectively with senior management, regulators and business colleagues.
• A structured, proactive approach and a strong sense of ownership.
• Fluent German and strong English language skills.