Compliance Counsel (m/w/d)*

In this role you help establish and advance Munich Re's Group AML Function, shaping governance and interfaces across the Group. You will coordinate data flows and elevate governance reporting for stakeholders. You design and improve AML norms, processes, controls and risk assessments, enabling a consistent, risk-based AML approach across Munich Re, ERGO and MEAG. You will monitor regulatory developments, support risk-based monitoring, and advise on governance, risk and controls while contributing to audits and strategic AML initiatives.

• Competitive salary
• Retirement provision
• Work-life balance
• Health management
• Hybrid working
• Career mobility

• Help establish and develop the future Group AML Function, defining governance, roles, and interfaces
• Coordinate group-wide AML data flows and enhance management reporting
• Design and enhance group-wide AML norms, processes, controls and risk assessment methods
• Support AML risk assessments and promote a risk-based governance approach across units
• Monitor regulatory developments and translate requirements into practical guidance
• Support risk-based monitoring activities to strengthen the AML framework
• Advise internal stakeholders on governance, risk, reporting and controls and contribute to AML training
• Support audits and supervisory reviews at group level, including remediation follow-up
• Contribute to strategic AML projects and EU framework initiatives
• Participate in working groups related to the Group AML operating model

• University degree in Law, Business Administration, Economics, Insurance Management or comparable discipline
• Relevant AML experience in compliance, AML officer, audit or regulatory function, preferably in insurance or financial services
• Strong understanding of AML governance, internal controls and regulatory reporting
• Experience designing or monitoring AML frameworks in international/group-wide environments
• Knowledge of AML regulatory requirements; BaFin-regulated experience is an asset
• Relevant AML certifications or qualifications are advantageous
• Strong analytical and conceptual skills; ability to translate complex topics into pragmatic solutions
• Excellent German and English communication and stakeholder management skills
• Structured, proactive, ownership-minded work style

• Stakeholder management
• Analytical thinking
• Communication
• AML governance
• Regulatory reporting
• Risk assessments and controls