Our client is a prominent international financial institution with a strong presence in Europe. Operating under a universal banking license in Germany, the institution plays a key role in Euro-clearings. We are seeking an experienced and detail-oriented AML Officer to oversee and ensure compliance with anti-money laundering and counter-terrorism financing regulations. This role is critical in maintaining the integrity of the bank's operations and ensuring adherence to German and European regulatory standards.

Key Responsibilities:

• Implement and monitor compliance with the German Money Laundering Act (GwG), Banking Act (KWG), Payment Services Supervision Act (ZAG), and other relevant regulations.
• Develop and update internal policies and control systems to prevent money laundering and terrorist financing.
• Conduct institution-specific risk assessments.
• Evaluate the effectiveness of internal controls and security systems.
• Investigate and monitor suspicious transactions.
• Conduct regular audits to ensure policy compliance.
• Report directly to senior management.
• Prepare regular reports on risk exposure and AML activities.
• Document and communicate actions taken in response to AML concerns.

Qualifications:

• Minimum of 3-5 years' experience in AML and fraud prevention within the banking sector.
• Strong knowledge of relevant legal and regulatory frameworks.
• Excellent analytical and attention-to-detail skills.
• Strong communication and assertiveness.
• Fluent in both German and English.
• Degree in economics, law, or a related field.