Description

An international banking institution with a strong presence in the European market is seeking an experienced Money Laundering Reporting Officer (MLRO) to join its Frankfurt-based leadership team. This organisation operates under a full German universal banking licence and plays a key role in euro-clearing and cross-border financial services.

Key Responsibilities

Regulatory Compliance

• Ensure implementation and ongoing compliance with German and European AML/CTF regulations, including relevant banking and payment services laws.
• Develop, maintain, and continuously enhance internal AML/CTF policies, procedures, and control mechanisms.
• Prepare and regularly update the institution-specific AML risk assessment.
• Oversee the adequacy and effectiveness of internal control systems related to financial crime prevention.
• Monitor transactions and conduct investigations into suspicious activity.
• Perform regular reviews to ensure adherence to internal policies and regulatory expectations.
• Report directly to senior management on AML/CTF matters.
• Provide timely updates on significant incidents and the overall risk exposure of the institution.
• Produce formal AML activity reports, including documentation of measures taken.
• Liaise with regulatory bodies, financial intelligence units, and law enforcement authorities.
• Review, submit, and follow up on suspicious activity reports.
• Ensure clear reporting lines and defined points of contact for regulatory and external inquiries.
• Deliver AML/CTF training sessions and keep employees informed about emerging financial crime risks and typologies.
• Oversee employee reliability and integrity assessments in line with regulatory requirements.

Candidate Profile

• Minimum of 6 years' professional experience in AML, financial crime prevention, or fraud within a banking environment.
• In-depth knowledge of relevant legal and regulatory frameworks.
• Strong analytical skills with high attention to detail.
• Excellent communication skills with the confidence to challenge and influence senior stakeholders.
• Fluency in German and English (written and spoken).
• Degree in economics, law, or a related field, or an equivalent professional qualification.