Compliance & AML Officer (German Branch)
Job Description
We are a leading trading platform that is ambitiously expanding to the four corners of the globe. Our top-rated products have won prestigious industry awards for their cutting-edge technology and seamless client experience. We deliver only the best, so we are always in search of the best people to join our ever-growing talented team.
We are looking for a Compliance & AML Officer who will be accountable for the design, implementation, and ongoing oversight of both the regulatory compliance and AML/CTF frameworks for the German Branch. The role carries dual responsibility: ensuring full adherence to MiFID II/MiFIR and BaFIN conduct and organisational requirements as applied in Germany, and maintaining a robust AML/CTF programme aligned with German AML regulations, EU requirements, and group standards.
Key Responsibilities:
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Act as the designated Compliance Officer (CO) under German regulatory requirements and MiFID II organisational obligations.
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Design and maintain the compliance monitoring programme.
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Monitor and ensure adherence to BaFIN and ESMA regulations.
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Review financial promotions, marketing materials, and client communications for compliance with applicable rules.
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Maintain the compliance risk register and prepare periodic compliance monitoring reports for senior management.
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Act as the appointed Anti-Money Laundering Officer (AMLCO) under German regulatory requirements.
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Develop, implement, and maintain AML/CTF policies, procedures, and controls.
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Ensure effective customer due diligence (CDD), enhanced due diligence (EDD), transaction monitoring, and suspicious activity reporting (SAR).
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Oversee AML risk assessments and ensure alignment with the firm’s risk appetite.
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Serve as the primary point of contact with BaFin and FIU Germany on AML/CTF matters.
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Ensure compliance with German AML Act (GwG), EU AML Directives, and applicable EBA/ESMA guidelines.
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Lead regulatory reporting, audits, and inspections related to compliance and/or financial crime.
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Provide regular reporting to senior management and the board on compliance AML risks and controls.
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Advise senior management on Compliance and AML/CTF risks, regulatory developments, and control enhancements.
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Ensure effective escalation of Compliance and financial crime risks and incidents.
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Develop Compliance and deliver AML/CTF training programs across the Germany entity.
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Promote a strong compliance culture and awareness of Compliance and financial crime risks.
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Collaborate with group Compliance, Risk, Legal, and Operations to ensure consistent application of regulatory compliance and AML standards.
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Align local AML practices with group frameworks while meeting German-specific requirements.
Compliance Framework (MiFID II / MiFIR & BaFIN’s requirements)
AML/CTF Framework
Regulatory & Governance
Advisory & Oversight
Training & Culture
Coordination
Key Requirements:
- Proven experience as Regulatory Compliance Officer and/or AMLCO or senior AML function holder in Germany within a regulated financial services firm.
- Strong knowledge of MiFID II/MiFIR and BaFin applicable regulations.
- Deep knowledge of German AML law (GwG), BaFin expectations, and EU AML framework.
- Strong understanding of brokerage/trading or fintech business models.
- Experience dealing directly with regulators (including BaFin) and FIUs.
- Strong analytical, judgment, and stakeholder management skills.
- Fluency in German and English.