MLRO (m/w/d)
Location: Cologne, Germany
Department: Compliance & Risk
Employment Type: Full-time
Role Overview
As the MLRO, you will be the primary point of contact for all AML-related matters, both internally and with external regulatory bodies. You will be responsible for developing, implementing, and maintaining the company's AML framework, ensuring compliance with German and EU regulations, and fostering a strong compliance culture across the organization.
Key Responsibilities
- Serve as the designated MLRO under German AML law (GwG).
- Develop and maintain AML policies, procedures, and controls in line with BaFin and EU requirements.
- Conduct and oversee AML risk assessments and transaction monitoring.
- Investigate suspicious activity and file Suspicious Activity Reports (SARs) with the German FIU.
- Liaise with regulatory authorities, auditors, and law enforcement agencies.
- Provide AML training and awareness programs across the organization.
- Monitor regulatory developments and ensure timely updates to internal policies.
- Collaborate with product, operations, and legal teams to ensure AML compliance in new services and features.
- Prepare and present regular AML reports to senior management and the board.
Qualifications
- University degree in Law, Finance, Business Administration, or a related field.
- Minimum 5 years of experience in AML compliance, preferably in fintech, banking, or payments.
- Certified AML professional (e.g., ACAMS, ICA) is highly desirable.
- In-depth knowledge of German and EU AML regulations, including GwG, PSD2, and FATF guidelines.
- Strong analytical, investigative, and communication skills.
- Fluency in German and English (written and spoken).
FAQs
Congratulations, we understand that taking the time to apply is a big step. When you apply, your details go directly to the consultant who is sourcing talent. Due to demand, we may not get back to all applicants that have applied. However, we always keep your resume and details on file so when we see similar roles or see skillsets that drive growth in organizations, we will always reach out to discuss opportunities.
Yes. Even if this role isn’t a perfect match, applying allows us to understand your expertise and ambitions, ensuring you're on our radar for the right opportunity when it arises.
We also work in several ways, firstly we advertise our roles available on our site, however, often due to confidentiality we may not post all. We also work with clients who are more focused on skills and understanding what is required to future-proof their business.
That's why we recommend registering your resume so you can be considered for roles that have yet to be created.
Yes, we help with resume and interview preparation. From customized support on how to optimize your resume to interview preparation and compensation negotiations, we advocate for you throughout your next career move.