Senior Investigator - AFC Sanctions

About the opportunity

We are seeking a Senior Investigator - AFC Sanctions professional to join our team in Berlin. AFC Sanctions is responsible for implementing at a Group level the international Financial Sanctions and global risk management framework to meet legal, regulatory and N26 Policy requirements. The team participates in the review and investigation linked to sanctions findings, escalating cases, where appropriate, to the Group Head of Sanctions and MLROs. The team is responsible for monitoring regulations and legislations, owning and maintaining N26 Sanctions policies and procedures, as well as advising internal and external stakeholders on sanctions risks. This requires constant collaboration with the technology team in charge of developing and optimizing solutions, as well as contributing to the Group-wide Risk Assessment.

In this role, you will:

• Review investigations for cases escalated by the Operations Sanctions Screening department, using internal and external research tools in order to assess and determine potential sanctions risks.
• Review possible violations of sanctions or export controls laws, regulations or Group Sanctions Policy as to contain the Bank's risk and escalate these cases as per the procedures in place.
• Recommend appropriate measures to local MLROs when an ancillary financial crime risk or reporting is deemed required.
• Work closely with the Head of Sanctions on revising and implementing updates to sanctions policies, procedures, and work instructions.
• Support the Head of Sanctions in conducting the annual sanctions risk assessment.
• Help in reviewing quality assurance and audit findings.
• Conduct effective and timely review of investigations into assigned cases in accordance with agreed standard reporting requirements and service levels.
• Ensure that investigations undertaken adhere to the N26 AFC’s Global Standards, Policies and Procedures.
• Process requests from other departments as required.

What you need to be successful:

• University degree in Business, Law or Economics. Any related field can also be considered.
• 2-4 years of experience in sanctions compliance, AML, or financial crime investigations.
• Good knowledge of the sanctions compliance regulatory landscape with some experience dealing with EU, UN and any or all of the US and UK administered sanctions regulations.
• Good understanding of banking compliance regulations and banking products.
• Understanding of processes used to screen and review customers’ activity.
• Good investigation skills through the use of available internal as well as open sources.
• Fluency in English is required (verbal and written). Given the global nature of our investigations, the ability to speak or read Russian, Arabic, or Farsi is a strong plus.
• Ability to work in an everchanging regulatory environment.
• Good report writing skills for documenting findings.
• Relevant knowledge of other Financial Crime (FC) areas in order to identify any applicable FC risks (other than sanctions) that are worth referring internally to the relevant AFC department.

What’s in it for you:

• 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. 
• As an N26 employee you will have access to a Premium subscription on your personal N26 bank account. As well as subscriptions for friends and family members.    
• 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, experiences, and backgrounds. 
• A relocation package with visa support for those who need it.

Who we are

N26 has reimagined banking for today’s digital world. Technology and design empower everything we do and it’s how we are building the global banking platform the world loves to use.

We've eliminated physical branches, paperwork, and hidden fees for an elegant digital experience and supreme savings. Giving people the power to live and bank their way is what gets us out of bed in the morning and inspires the work that we do. 

We are headquartered in Berlin with offices in multiple cities across Europe, including Vienna and Barcelona, and a 1,500-strong team of more than 80 nationalities. 

Do you see yourself thriving in this role? We’d love to see your application even if you don’t meet 100% of the criteria. You may just be the right fit for this or other roles!

Equal opportunities for all

At N26, we believe our strength lies in our people and the varied perspectives they bring. We strive to build diverse teams that drive innovation and business success. We actively seek talent from all backgrounds and welcome applications from all genders, cultures, sexual orientations, abilities, neurodiversities, and ages.

We are committed to providing an excellent and accessible candidate experience. If you require any accommodations to make this process work for you, please let us know. We’re here to support you!

Discover more about Diversity & Inclusion at N26: https://n26.com/en-eu/diversity-and-inclusion