AFC Governance Officer (KYC & Sanctions Advisory) (all genders)

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Erste Group was founded in 1819 as the first Austrian savings bank and is today one of the largest stock-listed banking groups in Central Europe. As an attractive employer, Erste Group offers interesting career opportunities in an international environment.

Group Anti-Financial Crime, within the Division Group Compliance, establishes and maintains the Group-wide framework for the prevention of money laundering and terrorism financing, compliance with sanctions and embargoes, and the management and prevention of fraud risks. Within Group AFC, AFC Governance, Steering & Controls oversees the regulatory and governance framework and drives its consistent implementation and continuous enhancement across all Group entities.  

The AFC Governance desk monitors and interprets national and international regulatory developments, defines and maintains Group-wide policies, procedures and minimum standards, and acts as a central competence and advisory function for complex AFC matters. It supports relevant business and control functions, projects and product approval processes, interactions with competent authorities and audits, and provides AFC briefings, guidance and training. 

Your Tasks

• Monitor and interpret national and international AFC regulatory developments, with a focus on AML/KYC and Financial Sanctions & Embargoes, and translate them into Group-wide policies, procedures and minimum standards 
• Contribute to defining and enhancing AFC standards, advisory processes and escalation paths, and provide AFC input to relevant projects and product approval processes 
• Act as a central AFC competence and advisory contact for Group entities and relevant business and control functions on complex AML/KYC and Financial Sanctions & Embargoes matters 
• Assess escalated sanctions-related cases and provide well-founded recommendations on customer, payment and transaction matters across Retail, SME and CIB at Group and Austrian level 
• Prepare and deliver AFC briefings, guidance and targeted training on regulatory developments, governance standards and sanctions requirements for relevant business and control functions 
• Provide day-to-day Sanctions Advisory for trade finance, customer and payment assessments and transaction-screening decisions, including the interpretation and application of internal sanctions requirements 

Your Background

• University degree in Law, Business, Economics or a comparable field, with 3–5 years of relevant experience in banking institutions, law firms, regulatory authorities or other national or international organizations, ideally covering AML/KYC and Financial Sanctions & Embargoes 
• Strong knowledge of AFC-relevant legislation and industry standards, particularly relating to financial sanctions, embargoes and export controls , complemented by sound knowledge of AML/KYC principles and requirements ; practical experience with banking processes and products is an advantage 
• Assertiveness, problem solving skills, negotiation & presentation skills, analytical, structured thinking, advanced social competence, lateral thinking, cultural diversity 
• Have the will to create values for our customers and the Group by building and motivating a compliance culture  
• Fluent in English (German and/or any CEE language would be an advantage) 

Our Offer

• We are committed to support you in your professional and personal development 
• Offer the opportunity to work with a highly motivated and ambitious multi-national team
• Discover and enjoy the benefits of Erste Group
• For this position, we offer a gross annual salary of approximately 57,900.00 Euro (full-time, including overtime allowance). Your actual salary will be based on your qualifications, experience, and individual fit for the role.
• We offer our employees the opportunity to divide their hours between working from home and at the office.
• We consider the diversity of our employees as key to innovation and success. As employer we are proud to offer everyone equal chances, irrespective of age, skin colour, religious belief, gender, sexual orientation or origin.