AML Compliance Assistant or Analyst

The Bank of Communications Frankfurt Branch was founded in 2007. The parent company in China is one of the countrys leading banks. Over 2.900 branches are operated worldwide incl. in Hong Kong New York Tokyo Singapore Seoul Frankfurt a. M. and Macau. The branch is regarded as a bridgehead for trade between China and Europe and operates the following types of business in particular: National and international payment processing Overseas trading (exporU import) Lending Deposit banking foreign exchange trading Cash management Money transfers. The Branch has 7 departments including Marketing Department Treasury Department Accounting Department Credit and Risk Department Business Processing Center IT Department and Business Admin. Department.

There are currently about 40 Chinese and German employees.

Tasks

• Performs legal research and drafts legal documents as directed.
• Provides secretarial and administrative assistance to the Compliance Department.
• Assists in monitoring of compliance programs and regulatory changes in the field.
• Organizes maintains and audits required documentation for various financial regulators.
• Manages and/or assists with various projects which involve Compliance and/or AML
• Works with corporate management/leadership to advance compliance development and audit activities.
• AML Monitoring and Screening
• Consulting for business teams and management on AML and Compliance questions
• Interacts with head office and development teams
• Drives new developments in the AML field
• Responds to external authority requests for investigations
• Identification and reporting of suspicious activity
• Maintenance of work documentation and AML Risk Analysis
• Legal and compliance monitoring
• Respects and maintains confidentiality.
• Works in a safe compliant and ethical manner at all times.

Requirements

• A bachelor or master degree in German law or economics. Considerable related experience in lieu of a degree will be considered.
• Previous experience in financial compliance environment preferred;
• Strong working knowledge of MS Office is necessary. Knowledge of other applicable computer software applications and office equipment is also preferred.
• Language skills any two among Chinese English and German in speech and written
• Good organizational skills.

Benefits

We offer

Working in a small flexible team and therefore the opportunity to get to know all aspects of risk management in a bank

Participation in exciting projects such as the new and further development of risk quantification models

Work experience in a multilingual international bank

Support for further education and training or the acquisition of qualifications such as the Financial Risk Manager (FRM).

Performancerelated remuneration as well as customary banking fringe benefits such as travel allowance and meal vouchers

A very modern working environment with a view over Frankfurt and an inhouse restaurant/cafeteria

Intercultural exchange and family atmosphere with nice colleagues

30 days of vacation plus two days off on 24.12. and 31.12.

Join our international team at Bank of Communications Frankfurt Branch as an AML & Compliance Assistant/Analyst and contribute to bridging trade between China and Europe.