AFC Associate - SAR Delegate
N26 is a 100% mobile bank based in Berlin, Germany, offering banking, saving, and investing all in one app. It serves millions of retail customers across 24 European markets, providing free and premium bank accounts, savings products, and investment options.
Projects
About N26
N26 is Germany's first fully mobile bank, holding a full banking license from BaFin (the German Federal Financial Supervisory Authority). It offers a range of personal banking products including free and paid current accounts (Standard, Smart, Go, and Metal plans), virtual and physical Mastercards, joint accounts, and accounts for minors under 18. Customers can also access Instant Savings accounts with interest rates varying by plan, and a flexible cash fund investment product managed by Fidelity International offering variable returns. Through a partnership with Upvest Securities GmbH, N26 enables customers to invest in over 5,000 stocks, ETFs, and ready-made funds directly within the app, with savings plans starting from €1. The N26 Go and Metal plans also include travel-focused benefits such as cashback, favorable exchange rates, airport lounge access, and free ATM withdrawals abroad. N26 operates in 24 markets worldwide, serves over 8 million customers, and protects deposits up to €100,000 under the German Deposit Protection Scheme. Its typical clients are individual retail banking customers seeking simple, mobile-first banking, saving, and investing solutions.
Skills
About the Role
You will join the French MLRO function on a fixed-term basis for six months, coordinating and taking ownership of key Anti-Financial Crime Operations activities. You will make decisions on AML-CFT investigations, support ongoing due diligence and EDD processes, and review and submit Suspicious Activity Reports. You will act as the reference point of contact for the AFC and KYC Operations team, offering guidance and helping upskill the team.
Requirements
- Graduated in law (Ecole de droit/Master II) or from a Grande Ecole or alike
- Bank Financial Crime background with operational experience in an international setting
- Experience in SAR drafting, first experience as a déclarant Tracfin is a plus
- At least 3 years of professional experience in anti-financial crime
- Proven experience in investigation and SAR drafting as well as transaction monitoring, sanctions and adverse media screening
- In-depth knowledge of European and French regulations on Financial Crime (KYC, AML, terrorism financing, fraud, tax evasion, sanctions)
- Deep investigation skills
- Fluent in French and English (spoken and written)
- Excellent communication skills
Responsibilities
- Review investigations made by the AFC Operations department
- Assist AFC Operations on their investigations
- Oversee complex case investigations sanctions reviews and other AFC related processes
- Review and submit SARs ensuring quality according to Tracfin and ACPR expectations
- Act as Déclarant Tracfin
- Review complex Authority Requests
- Provide individual and collective guidelines to AFC operations analysts
- Prepare necessary templates for AFC Ops communication with customers
- Implement and improve local procedures based on local regulatory challenges and the group's standard
- Coordinate with other operational functions working on the French market
Benefits
- Work from home budget
- Discounts to fitness & wellness memberships
- Swile vouchers
- Public transportation discounts
- Work from home/from abroad flexibility
- Premium subscription on personal N26 bank account
- Subscriptions for friends and family members
- Additional day of annual leave for each year of service
- Hybrid work setup
- Relocation package with visa support