The opportunity
We are seeking an AFC Compliance Controls and Reviews - Associate. N26 has reimagined banking for today’s digital world.
What you'll do
Execute the Second Line of Defense control framework on behalf of the GMLRO,: conducting testing on a monthly, quarterly, and annual basis to validate the bank's compliance posture
Evaluate controls through a dual-lens approach, assessing the appropriateness: of the control setup and the actual operational performance
Co-Develop and maintain the local/global AFC Control Plan, ensuring testing: activities are derived directly from the Risk Assessment and mapped to specific AML Safeguards, while adapting to local market needs and the regulatory landscape
Prepare reporting for the AFC Governance Forum (the primary channel for: communicating control results) highlighting systemic risks and control maturity to senior management
Proactively identify control shortcomings before they materialize into: regulatory breaches, documenting formal observations and tracking stakeholder remediation to closure
Bachelor degree in law, economics or equivalent with strong knowledge of: laws, regulations and rules that govern Compliance and Financial Crime Prevention functions in banking institutions at a European and local level; postgraduate compliance training (e.g. Certified Compliance Professional, CIA, CAMS, CFE) of benefit
What they're looking for
- At least 3 years experience in External or Internal Audit or Risk Assurance: role, with specific expertise in executing monitoring plans and testing control frameworks
- Understanding of local and global AML/CTF regulations, industry best: practices, and the current banking regulatory landscape to ensure controls remain relevant
- Technical mastery of assurance methodologies, incl. sampling logic
- Knowledge of how to translate the Risk Assessment into a tactical control plan
