AFC Operations Team Lead

About the role

This role involves leading and managing a team responsible for Anti-Financial Crime (AFC) operations, including Anti-Money Laundering (AML), terrorism financing, sanctions, Know Your Customer (KYC), and fraud. The Team Lead will ensure timely and accurate investigations of suspicious activities and reporting, while maintaining compliance with regulatory standards. A key part of the work is to monitor the effectiveness of AFC controls and coordinate with other departments to implement and improve policies.

The successful candidate will be instrumental in developing and implementing process improvements to enhance operational efficiency within the AFC team. This includes supporting responses to audits and regulatory inquiries. The role also emphasizes fostering a culture of continuous learning and professional development among team members, promoting teamwork and collaboration to achieve shared objectives.

Success in this position means consistently ensuring regulatory compliance and operational efficiency in AFC tasks. It requires a leader who can effectively manage a team, drive improvements, and maintain high standards in the investigation and reporting of financial crimes. The role is critical for upholding N26's commitment to regulatory adherence and operational excellence in a dynamic financial environment.

The estimated annual salary for this position ranges from $24,750 to $41,250.

Skills that matter here

• AML: This role requires overseeing and ensuring compliance with Anti-Money Laundering regulations.
• KYC: The position involves managing processes related to Know Your Customer requirements.
• financial crime: The Team Lead will support all tasks related to combating financial crime, including terrorism financing and fraud.
• team management: A core responsibility is leading, developing, and fostering collaboration within a team of analysts and investigators.
• process improvement: This role involves developing and implementing enhancements to operational efficiency within the AFC framework.
• regulatory compliance: The Team Lead must ensure daily operations and reporting adhere to all relevant regulatory standards.

Who this role suits

• A person with several years of banking experience specifically in Anti-Financial Crime.
• Someone who possesses strong leadership capabilities and a background in team management.
• An individual with in-depth understanding of AFC regulations, particularly German AML/CTF regulations.
• A professional who maintains an analytical mindset and is willing to think creatively for solutions.

From the employer

• Leading and managing a team of analysts and investigators.
• Ensuring timely and accurate investigation of suspicious activities and reporting.
• Overseeing daily operations to ensure compliance with regulatory standards.
• Monitoring and reporting on the effectiveness of AFC controls.
• Coordinating with other departments to implement and enforce/improve AFC policies.
• Developing and implementing process improvements to enhance operational efficiency.
• Support responding to audits and regulatory inquiries as needed.
• Fostering a culture of continuous learning and professional development within the team.
• Promoting teamwork and collaboration to achieve shared objectives.

• Several years with relevant banking experience in Anti Financial Crime.
• Strong leadership and team management skills.
• Experience on German AML/CTF regulation and handling reporting to BaFin.
• Bachelor’s degree (ideally in law, business or finance) preferred, but not essential.
• Knowledge use of MS Office (G suits) skills for Excel and Word.
• In-depth understanding of Anti-Financial Crime regulations and compliance standards.
• You are fluent in English spoken and written.
• Deliver with quality and keep confidentiality.
• Maintain an analytical mindset, willingness of thinking out of the box and appetite for learning.

• Accelerate your career growth by joining one of Europe’s most talked about disruptors.
• Employee benefits that range from a competitive personal development budget, work from home budget, discounts to fitness & wellness memberships, language apps and public transportation.
• Access to a Premium subscription on your personal N26 bank account.
• Vacation days vary depending on your location of work. Additional day of annual leave for each year of service.
• A high degree of autonomy and access to cutting edge technologies - all while working with a friendly team of peers of diverse nationalities, life experiences and family statuses.
• A relocation package with visa support for those who need it.