Compliance Risk & Control Officer at Merck Finck
berlin, Berlin, Germany -
Full Time


Start Date

Immediate

Expiry Date

23 Dec, 26

Salary

85000.0

Posted On

24 Sep, 26

Experience

19 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

No

Skills

Industry

Accounting & Tax Services

Description

Frankfurt, DE, D-60325


Essential information at the location

Merck Finck - A Quintet Private Bank is a leading private bank with the aim of providing the best possible support to its clients and their families through personal service and a deep understanding of their needs and goals.

Our headquarters are in Luxembourg. We also have a presence in Belgium, Denmark, Germany, and the Netherlands, as well as a subsidiary in the United Kingdom. Our goal is to live up to our reputation as a trusted partner for family wealth over the long term.

 

By joining Quintet, you will become part of a company that promotes diversity, equal opportunities, personal development, and a culture of collaboration and inclusion. We place great importance on ensuring that our employees feel valued and can advance their careers both professionally and personally through a wide range of development opportunities.

 

The Compliance Risk & Control Officer plays a central role within the local compliance function. This position helps ensure that compliance risks, particularly in the areas of financial crime and regulatory compliance, are identified, assessed, managed, and monitored.

The main responsibilities include monitoring compliance with implemented policies, conducting audits, evaluating the effectiveness of measures, and advising business units on existing risks and appropriate safeguards. The position works closely with all departments to ensure robust compliance risk management and to initiate necessary escalations through the relevant governance bodies. The role reports to the Head of Compliance and supports the successful implementation of the compliance strategy.

Main tasks

  • Ensuring an effective control framework and compliance with all relevant external legal and regulatory requirements, internal guidelines and market standards.
  • Conducting risk-based audit procedures with regard to the 1LoD to assess the effectiveness of existing controls for managing risks in the area of ​​financial crime and regulatory compliance.
  • Support with 2LoD governance regarding financial crime compliance and regulatory compliance risks, to ensure that meaningful analyses and reports are presented to local and group-level bodies.
  • Ensuring the independence of the 1LoD through an objective assessment of the risk potential.
  • Providing support to the FCC Group Leader, the Group Leader Regulatory Compliance and other colleagues in all matters relating to Financial Crime Compliance and Regulatory Compliance issues.
  • Promoting a strong compliance culture and supporting the implementation of the code of conduct. As a member of the compliance function, the incumbent acts as a role model at all times and strengthens awareness of compliance issues within the company.
  • Support in the implementation and continuous development of guidelines and work instructions in the area of ​​Financial Crime Compliance and Regulatory Compliance.
  • Supporting the local Head of Compliance with regulatory inquiries, compiling and preparing relevant information, and drafting timely responses.
  • Supporting the Financial Crime Compliance Advisors and the Regulatory Compliance Advisors in preparing training measures on compliance topics.

Knowledge and experience

  • Completed university degree (Bachelor's or equivalent)
  • At least three years of professional experience in a comparable compliance, risk or control function
  • Knowledge in the area of ​​policy management as well as in the analysis and implementation of regulatory requirements
  • Ideally, you have expertise or qualifications in the areas of AML, KYC, or Financial Crime Compliance.
  • Prior experience in a risk, audit, or control environment is advantageous.
  • Experience in the development, enhancement, and monitoring of control and risk frameworks, particularly in the following areas:
      • Anti-Money Laundering (AML)
      • Terrorist Financing (CTF)
      • Sanctions
      • Corruption Prevention (ABC)
      • Fraud prevention
    • tax evasion
  • Excellent analytical, numerical, and communication skills

Personal skills and characteristics

  • Excellent oral and written communication skills
  • High level of detail and meticulous workmanship
  • Teamwork skills and a strong willingness to cooperate
  • Good organizational and time management
  • Results-oriented working method

Technical skills

  • Safe handling of IT applications and MS Office

How To Apply:

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Responsibilities

Frankfurt, DE, D-60325


Essential information at the location

Merck Finck - A Quintet Private Bank is a leading private bank with the aim of providing the best possible support to its clients and their families through personal service and a deep understanding of their needs and goals.

Our headquarters are in Luxembourg. We also have a presence in Belgium, Denmark, Germany, and the Netherlands, as well as a subsidiary in the United Kingdom. Our goal is to live up to our reputation as a trusted partner for family wealth over the long term.

 

By joining Quintet, you will become part of a company that promotes diversity, equal opportunities, personal development, and a culture of collaboration and inclusion. We place great importance on ensuring that our employees feel valued and can advance their careers both professionally and personally through a wide range of development opportunities.

 

The Compliance Risk & Control Officer plays a central role within the local compliance function. This position helps ensure that compliance risks, particularly in the areas of financial crime and regulatory compliance, are identified, assessed, managed, and monitored.

The main responsibilities include monitoring compliance with implemented policies, conducting audits, evaluating the effectiveness of measures, and advising business units on existing risks and appropriate safeguards. The position works closely with all departments to ensure robust compliance risk management and to initiate necessary escalations through the relevant governance bodies. The role reports to the Head of Compliance and supports the successful implementation of the compliance strategy.

Main tasks

  • Ensuring an effective control framework and compliance with all relevant external legal and regulatory requirements, internal guidelines and market standards.
  • Conducting risk-based audit procedures with regard to the 1LoD to assess the effectiveness of existing controls for managing risks in the area of ​​financial crime and regulatory compliance.
  • Support with 2LoD governance regarding financial crime compliance and regulatory compliance risks, to ensure that meaningful analyses and reports are presented to local and group-level bodies.
  • Ensuring the independence of the 1LoD through an objective assessment of the risk potential.
  • Providing support to the FCC Group Leader, the Group Leader Regulatory Compliance and other colleagues in all matters relating to Financial Crime Compliance and Regulatory Compliance issues.
  • Promoting a strong compliance culture and supporting the implementation of the code of conduct. As a member of the compliance function, the incumbent acts as a role model at all times and strengthens awareness of compliance issues within the company.
  • Support in the implementation and continuous development of guidelines and work instructions in the area of ​​Financial Crime Compliance and Regulatory Compliance.
  • Supporting the local Head of Compliance with regulatory inquiries, compiling and preparing relevant information, and drafting timely responses.
  • Supporting the Financial Crime Compliance Advisors and the Regulatory Compliance Advisors in preparing training measures on compliance topics.

Knowledge and experience

  • Completed university degree (Bachelor's or equivalent)
  • At least three years of professional experience in a comparable compliance, risk or control function
  • Knowledge in the area of ​​policy management as well as in the analysis and implementation of regulatory requirements
  • Ideally, you have expertise or qualifications in the areas of AML, KYC, or Financial Crime Compliance.
  • Prior experience in a risk, audit, or control environment is advantageous.
  • Experience in the development, enhancement, and monitoring of control and risk frameworks, particularly in the following areas:
      • Anti-Money Laundering (AML)
      • Terrorist Financing (CTF)
      • Sanctions
      • Corruption Prevention (ABC)
      • Fraud prevention
    • tax evasion
  • Excellent analytical, numerical, and communication skills

Personal skills and characteristics

  • Excellent oral and written communication skills
  • High level of detail and meticulous workmanship
  • Teamwork skills and a strong willingness to cooperate
  • Good organizational and time management
  • Results-oriented working method

Technical skills

  • Safe handling of IT applications and MS Office

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