(Junior) Compliance Specialist AML (f/m/d)

Hamburg

Full-time

Permanent position

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Who we are looking for

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 
• Excellent German skills (at least C1) and good English skills (at least B2)

What we offer you

• Scope for creativity: A diverse range of tasks in an innovative, modern payment institution in the heart of Hamburg, offering you plenty of room for initiative and personal development.
• Cross-functional collaboration: Exciting, cross-departmental projects expand your daily business and offer you the opportunity to actively shape your workday.
• Continuous development: Regular, constructive two-way feedback, individual training courses and an annual development budget that you can use independently.
• Flexibility meets team spirit:  Flexible working hours and a hybrid work model with currently at least two office days per week allow you to optimally combine your job with your private life without sacrificing closeness to the team. 
• Attractive and appreciative working conditions:  Fair compensation based on your experience and responsibilities, 30 days of annual leave, a public transport job ticket, and Hamburg's best coffee.

About Us

cflox is an international payment institution that combines payment processing with working capital and financing to create unique solutions. With a focus on working capital, cflox offers its clients the optimization of payment terms and cash flow. They can choose between early supplier payments or extended payment terms without involving suppliers.

In cooperation with numerous established international financing partners such as Deutsche Bank, Commerzbank, ING and UniCredit, as well as over 180 active customer programs, cflox offers tailor-made solutions to strengthen liquidity and efficiency in the supply chain.

cflox GmbH is headquartered in Hamburg and is registered as a payment institution (Payment Services Supervision Act - ZAG) for the provision of payment services in Germany with the Federal Financial Supervisory Authority (BaFin).