As a (Junior) Compliance Specialist AML (m/f/d), you will be part of the Risk & Compliance team and support cflox in implementing and further developing its processes for combating money laundering and terrorist financing. Your focus will be on operational matters. As part of the team, you will develop, implement, and establish reliable AML processes. You will actively contribute to all aspects of the further development of AML management. In doing so, you will play a key role in ensuring that cflox complies with the regulatory requirements of the supervisory authorities (BaFin and Bundesbank) while simultaneously growing and automating processes. 

Your main responsibilities include:

• Responsibility for operational AML processes and their continuous development in a highly dynamic payment institution
• Active participation in the design and implementation of new regulatory requirements, processes and audits.
• Regular updates to our guidelines, as well as the creation of decision-making documents and process descriptions.
• Submission of suspicious activity reports to the FIU, including risk assessment, documentation, and coordination of relevant stakeholders.
• Operational support for transaction monitoring and AML reviews, e.g., regarding country risks.
• Conducting 2nd-level control actions or sampling to ensure the implementation of implemented measures.
• Responding to inquiries from our customers as well as from investigative and regulatory authorities.

What you should bring

You enjoy systematic and routine processes and are enthusiastic about organizing AML processes. You like working in a team and impress with a high degree of responsibility, diligence, and solution-oriented thinking. You enjoy working with a team to efficiently design existing workflows and independently structuring operational topics. You bring the following qualifications:

• A successfully completed degree or vocational training (e.g., as a legal assistant; notary assistant) or another comparable qualification
• Initial experience in a role focusing on compliance and/or AML, ideally in the financial industry.
• Organizational talent and a structured work style
• Analytical skills and strong communication skills 
•