Compliance Assistant

Job Title ： Compliance Assistant (AML Analyst)

Location ： First Commercial Bank Ltd., Frankfurt Branch, Germany-Frankfurt am Main

Description ：

As a leading bank from Taiwan in international banking, First Commercial Bank, Ltd. has a presence in more than 11 countries with more than 30 overseas branches across the world. To expand our global banking services, our Frankfurt Branch in Germany has started its operation this year. To build up a firm operation and develop a prosperous business we are looking for a qualified Compliance Assistant for Compliance Department to join our team.

Responsibilities ：

• Support the Head of Compliance to comply with the German/European regulatory requirements and the Head Office’s regulations;
• Identify and assess significant legal risks in business departments and document the analysis in the bank's database ;
• Carry out CDD or EDD procedures on new business relationships or as required;
• Investigate AML/CTF alerts/cases flagged by the Branch’s AML system; release or to further escalate alerted cases to the Head of Compliance as required;
• Assist the Head of Compliance to prepare Suspicious Activity Report (SAR) for reporting to the supervisory authorities;
• Support the Head of Compliance in respect of suspicious activities reporting when the Head of Compliance is absent;
• Maintenance and regular updating of the indicators in the money laundering monitoring system;
• Conduct periodic risk assessments according to customers’ risk levels;
• Assist the Head of Compliance to monitor and control of all business departments for compliance with money laundering guidelines;
• Prepare related topics of the Compliance meeting and minutes;
• Process and answer of internal bank inquiries regarding money laundering and terrorist financing;
• Conduct GDPR related duties, including vendor assessment, vendor name screening and customer file destruction cooperating with other applicable departments;
• Act as liason officer for Branch’s outsourced Data Protection function, and conduct regular review and assessment regarding the outsourced function in coordination with Branch’s Outsourcing Officer.
• Review and maintain the Polices & Procedures and/or Manuals in the relevant area updated, according to the regulatory and Head Office’s requirements;

Qualifications ：

• Successful completion of degree in Law or / and Compliance related fields;
• At least 1 year of professional experience in compliance, legal in the financial services firm, regulatory organization, or legal/consulting firm, or a combination;
• Compliance professional with a strong personality and excellent communication skills;
• Fluent in German, English and Mandarin;
• Hold valid German long-term residence permit;

Notes ：

First Commercial Bank Frankfurt Branch was established on January 9th 2023, being the first Taiwanese bank to be established in Germany. Our head quarter is in Taiwan. More information please visit https://www.firstbank.com.tw

We are looking for Compliance Assistant (AML Analyst).

The basic requirements are as below.

University degree.

Fluency in English and German speaking and writing (Mandarin is a plus). Familiar with the Microsoft Office.

Please apply with your English or German resume and cover letter with confidence to i922hr@firstbank.com.tw