Description

For an established international bank with a strong presence in the European and Asian markets, we are currently looking for an experienced Money Laundering Reporting Officer (MLRO) / AML Officer (m/f/d) to join its Frankfurt-based organization.

In this key control function, you will take responsibility for the bank’s Anti-Money Laundering (AML) and Counter-Terrorist Financing (CTF) framework and ensure compliance with applicable German and European regulatory requirements.

The position offers a high level of responsibility and visibility within the organization, including close interaction with senior management, internal control functions, business units and relevant regulatory authorities.

Your tasks

• Act as the bank’s Money Laundering Reporting Officer (MLRO / Geldwäschebeauftragter) and perform the responsibilities associated with the function under applicable German regulatory requirements
• Ensure the continued development and effectiveness of the bank’s AML/CTF framework, policies, procedures and internal controls
• Monitor and assess regulatory developments relating to AML, CTF, financial crime and sanctions and ensure their appropriate implementation
• Maintain and further develop the bank-wide AML risk analysis
• Oversee customer due diligence (CDD/KYC), enhanced due diligence (EDD) and ongoing monitoring processes
• Assess complex or higher-risk customer relationships, transactions and business activities from an AML perspective
• Review and evaluate potentially suspicious activities and coordinate the submission of Suspicious Transaction Reports (STRs) where required
• Oversee and provide guidance on transaction monitoring and sanctions-related matters
• Advise senior management and relevant business functions on AML, financial crime and regulatory requirements
• Prepare regular and ad-hoc AML reporting for senior management and relevant governance bodies
• Serve as a key point of contact for regulatory authorities, auditors and other external stakeholders on AML-related matters
• Support regulatory examinations as well as internal and external audits
• Develop and coordinate AML and financial crime training and awareness initiatives across the organization
• Work closely with Compliance, Risk Management, Legal, Internal Audit and relevant business functions
• Contribute to the continuous enhancement of the bank’s overall compliance and financial crime prevention framework

Your profile

• University degree in Law, Business Administration, Finance, Economics or a comparable field
• Several years of relevant professional experience in Anti-Money Laundering, Financial Crime Compliance or Regulatory Compliance, ideally within a bank or other regulated financial institution
• Strong knowledge of the German and European AML regulatory framework, including the German Money Laundering Act (GwG) and relevant BaFin requirements
• Practical experience with KYC/CDD, transaction monitoring, suspicious activity assessment and AML risk analysis
• Experience in an MLRO, Deputy MLRO or comparable senior AML function is highly desirable
• Sound understanding of sanctions, terrorist financing prevention and broader financial crime risks
• Ability to independently assess complex regulatory matters and provide pragmatic, risk-based advice
• Strong communication skills and confidence when interacting with senior management, regulators and auditors
• Structured, reliable and hands-on working style with a high degree of integrity and professional judgment
• Fluency in German and English is mandatory, both written and spoken
• Experience within an international or cross-border banking environment is considered an advantage