AML & Compliance Specialist (wmd)

There is only one future ahead of us and that is the one that consists of our dreams provided we have the courage to break with convention. - Soichiro Honda

Our philosophy is based on equality respect and the initiative to implement creative ideas. We want to pass on the joy we get from creating and selling our products to our customers through our financing solutions for new cars and motorcycles. We achieve this through direct and uncomplicated channels via authorised dealers and our strong cooperation partners.

We have been operating in Germany since 1998 as a wholly owned subsidiary of the Honda Group and have had a branch in Barcelona Spain since 2007. We also operate our financial services business with partner banks in 15 European countries.

If you would like to learn about our banking business and help shape it then join our team in Frankfurt am Main!

Tasks

AML/ CTF Responsibilities:

• Act as deputy AML Officer in interactions with BaFin FIU and Board of Directors.
• Support the AML & Compliance Section Manager in the implementation and maintenance of AML/CTF policies procedures and controls in line with BaFin AuA 25h KWG / MaRisk and EU requirements.
• Assist to AML Officer as AML 2nd-line establishing controls and testing plans (thematic reviews issue management and remediation tracking).
• Provide support in conducting and updating the risk analysis process.
• Assist in the execution of customer due diligence (CDD) and enhanced due diligence (EDD) processes.
• Conduct initial reviews of alerts generated by transaction monitoring systems and escalate suspicious activities.
• Assist in the preparation and submission of Suspicious Activity Reports (SARs) under the supervision of the AML & Compliance Section Manager.
• Maintain AML documentation and ensure proper recordkeeping.
• Support the organization of AML/CTF training sessions and awareness initiatives.
• Help coordinate internal and external AML audits and inspections.
• Support and collaborate in the implementation of remediation plans derived from external audit results.
• Monitor regulatory updates and assist in adapting internal procedures accordingly.

Compliance Responsibilities:

• Assist in monitoring regulatory changes (e.g. MaRisk HCG) and their impact on business operations.
• Provide support to IT Finance and Business Units to ensure systems and processes meet compliance standards.
• Assist in the management of outsourcing compliance and contract documentation using internal systems (ContractWorks).
• Support the handling of customer complaints including registration investigation and reporting ensuring compliance with internal and external standards.
• Contribute to the promotion of a compliance culture through support in Code of Conduct and Ethics Line activities.
• Provide operational support to the Compliance Governance and AML Manager in day-to-day compliance tasks and projects.
• Support the review and correct application of internal policies and procedures ensuring they are properly implemented and updated in coordination with relevant departments.

Requirements

• University degree in Business Administration (or a related field).
• Professional certifications such as CAMS or equivalent are highly desirable.
• 23 years of experience in AML and Compliance within financial services.
• Basic understanding of German AML legislation (GwG) and BaFin expectations.
• Strong organizational and analytical skills.
• Ability to work independently and collaboratively in a cross-functional environment.
• Fluent in German and English.

Employment Type : Employee
Experience: years
Vacancy: 1
Yearly Salary Salary: 57000 - 63000