AFC Compliance Controls and Reviews - Associate

Manage and execute the Second Line of Defense Anti-Financial Crime (AFC) control framework by conducting rigorous compliance testing, co-developing risk-based control plans, reporting systemic risks to senior management, and driving the remediation of identified vulnerabilities.

What you'll do

• Execute the Second Line of Defense control framework on behalf of the GMLRO, conducting testing on a monthly, quarterly, and annual basis to validate the bank's compliance posture
• Evaluate controls through a dual-lens approach, assessing the appropriateness of the control setup and the actual operational performance
• Co-Develop and maintain the local/global AFC Control Plan, ensuring testing activities are derived directly from the Risk Assessment and mapped to specific AML Safeguards, while adapting to local market needs and the regulatory landscape
• Prepare reporting for the AFC Governance Forum highlighting systemic risks and control maturity to senior management
• Proactively identify control shortcomings before they materialize into regulatory breaches, documenting formal observations and tracking stakeholder remediation to closure

What you'll need

• Bachelor degree in law, economics or equivalent with strong knowledge of laws, regulations and rules that govern Compliance and Financial Crime Prevention functions in banking institutions at a European and local level
• At least 3 years experience in External or Internal Audit or Risk Assurance role, with specific expertise in executing monitoring plans and testing control frameworks
• Understanding of local and global AML/CTF regulations, industry best practices, and the current banking regulatory landscape
• Technical mastery of assurance methodologies, incl. sampling logic
• Fluency in English and German (verbal and written)
• Strong ability to analyze complex data and processes to detect design flaws or operational gaps
• Capability to challenge stakeholders constructively regarding control failures and effective remediation plans

Nice to have

• Postgraduate compliance training (e.g. Certified Compliance Professional, CIA, CAMS, CFE)
• French, Spanish or Italian language skills

What they offer

• Competitive personal development budget, work from home budget, fitness & wellness discounts, language apps and public transportation support
• Premium N26 bank account subscription and access for friends and family
• Additional day of annual leave for each year of service
• High degree of autonomy and access to cutting edge technologies
• Relocation package with visa support