AML & Compliance Specialist (w/m/d)

Location: Frankfurt am Main

Tasks

AML/CTF Responsibilities:

• Act as deputy AML Officer in interactions with BaFin, FIU, and Board of Directors.
• Support the AML & Compliance Section Manager in the implementation and maintenance of AML/CTF policies, procedures, and controls in line with BaFin AuA, §25h KWG / MaRisk, and EU requirements.
• Assist to AML Officer as AML 2nd-line establishing controls and testing plans (thematic reviews, issue management and remediation tracking).
• Provide support in conducting and updating the risk analysis process.
• Assist in the execution of customer due diligence (CDD) and enhanced due diligence (EDD) processes.
• Conduct initial reviews of alerts generated by transaction monitoring systems and expand suspicious activities.
• Assist in the preparation and submission of Suspicious Activity Reports (SARs) under the supervision of the AML & Compliance Section Manager.
• Maintain AML documentation and ensure proper recordkeeping.
• Support the organization of AML/CTF training sessions and awareness initiatives.
• Help coordinate internal and external AML audits and inspections.
• Support and collaborate in the implementation of remediation plans derived from external audit results.
• Monitor regulatory updates and assist in adapting internal procedures accordingly.

Compliance Responsibilities:

• Assist in monitoring regulatory changes (e.g., MaRisk, HCG) and their impact on business operations.
• Provide support to IT, Finance, and Business Units to ensure systems and processes meet compliance standards.
• Assist in the management of outsourcing compliance and contract documentation using internal systems (ContractWorks).
• Support the handling of customer complaints, including registration, investigation, and reporting, ensuring compliance with internal and external standards.
• Contribute to the promotion of a compliance culture through support in Code of Conduct and Ethics Line activities.
• Provide operational support to the Compliance, Governance and AML Manager in day‑to‑day compliance tasks and projects.
• Support the review and correct application of internal policies and procedures, ensuring they are properly implemented and updated in coordination with relevant departments.

Requirements

• University degree in Business Administration (or a related field).
• Professional certifications such as CAMS, or equivalent are highly desirable.
• 2–3 years of experience in AML and Compliance within financial services.
• Basic understanding of German AML legislation (GwG) and BaFin expectations.
• Strong organizational and analytical skills.
• Ability to work independently and collaboratively in a cross‑functional environment.
• Fluent in German and English.