AML Compliance Officer

at  StoneX Group

Overview:
Permanent , Full-time, hybrid #LI-Hybrid #LI-SD1
Connecting clients to markets – and talent to opportunity
With 4,300 employees and over 400,000 retail and institutional clients from more than 80 offices spread across five continents, we’re a Fortune-100, Nasdaq-listed provider, connecting clients to the global markets – focusing on innovation, human connection, and providing world-class products and services to all types of investors.
Whether you want to forge a career connecting our retail clients to potential trading opportunities, or ingrain yourself in the world of institutional investing, The StoneX Group is made up of four segments that offer endless potential for progression and growth.

Qualifications:

• Between 3 and 5 years of similar experience in compliance and AML.
• Good organisational skill.
• Sound knowledge of German financial crime laws, regulations and industry practices.
• Strong analytical mind.
• Strong inter-personal skills.
• Strong problem-solving skills.
• Proactive and “thinking outside of the box” approach.
• High level of integrity.
• Ability to cope with stress and display flexibility towards designated tasks and time.
• Ability to work independently under minimal supervision.
• Good knowledge of German and English.
• Strong communication and listening skills

To provide efficient and high-quality AML compliance support in various business areas of SFEG. You will advise both local management and, where appropriate, the Board of Directors upon action and strategies appropriate to manage statutory, regulatory and operational risks and to ensure the business is run in a compliant fashion.

Responsibilities:

• Working closely with SFEG Senior Management, Compliance (Other EMEA) and Chief MLRO EMEA to implement a robust AML, ABC, CFT and sanctions control framework across SFEG.
• Ensuring that policies, procedures and controls to prevent money laundering and terrorist financing are in place, kept up-to-date and duly communicated in compliance with the requirements of the German Anti-Money Laundering Act as well as guidelines or instructions of the supervisory authorities.
• Performing a gap analysis of current policies and procedures vs relevant AML/CFT regulations, practices and guidelines applicable to the business.
• Ensuring that customers onboarded are in line with applicable legal and regulatory requirements.
• Receiving and reviewing alerts and escalations from other areas of the business and ensuring SFEG Senior Management sign-off in higher risk situations.
• Investigating suspicious cases and reporting suspicious transactions to FIU. The AML Officer shall have full access rights to all required data, documents and systems deemed necessary for the investigation;
• Preparing and communicating relevant external reports on AML, CTF, ABC and Sanctions to the competent authorities (e.g. BaFin, LKA) in a timely and appropriate manner.
• Monitoring the provision of any AML/CTF, ABC or sanctions-related outsourced services, and escalating any concerns to the service provider, SFEG Senior Management, Compliance (Other EMEA) and Chief MLRO EMEA.
• Providing SFEG Senior Management with timely notifications and management information, including information required for the Financial Crime Prevention Risk Management Framework and its oversight.
• Establishing and maintaining ongoing internal monitoring, testing, and reporting to Senior Management on the effectiveness of the programme and day-to-day operation of AML, ABC, CFT and Sanctions.
• Leading SFEG response to requests for information made by the German supervisory authorities and/or other competent authorities.
• Preparing and further developing the business ML/TF risk assessment for SFEG that contains a complete inventory of all ML/TF risks.
• Assisting internal and external audit in the preparation of their regular audit assignments of SFEG in the field of AML/CFT, ABC and Sanctions, and following up diligently on any recommendations issued.
• Monitoring of laws and regulations relevant to AML/CTF, in particular oversight of compliance with the respective German Money Laundering Regulations and ensuring appropriate use of any government or FATF or other relevant findings concerning AML/CTF in particular jurisdictions;
• Identifying and keeping an inventory available to all staff of essential AML/CTF laws and regulations pertinent to the business.
• Advise Senior Management on relevant laws, regulations and best practice, and inform them about any developments in these areas.
• Training and supporting of employees, in particular establishment and maintenance of adequate arrangements for awareness and training in relation to German AML/CTF as well as annual reliability examination of staff according to German AML Regulations.
• Assisting the MLRO with establishing, managing and maintaining a risk-based Financial Crime Prevention (“FCP") annual plan.
• Assisting the MLRO with establishing an annual MLRO report.
• Participating in ad-hoc projects, as may be required from time to time.
• Attend relevant workshops, trainings and external seminars to keep abreast of AML/CTF matters.
• Provide relevant and on-going advice and support within SFEG.

Qualifications:

• Between 3 and 5 years of similar experience in compliance and AML.
• Good organisational skill.
• Sound knowledge of German financial crime laws, regulations and industry practices.
• Strong analytical mind.
• Strong inter-personal skills.
• Strong problem-solving skills.
• Proactive and “thinking outside of the box” approach.
• High level of integrity.
• Ability to cope with stress and display flexibility towards designated tasks and time.
• Ability to work independently under minimal supervision.
• Good knowledge of German and English.
• Strong communication and listening skills.