AFC Controls & Testing Analyst, Solaris
Banking-as-a-Service platform
Job no longer available
Banking-as-a-Service platform
501-1000 employees
Job no longer available
501-1000 employees
Company mission
To create a world where financial services seamlessly sync with life.
Role
Who you are
- If you have a passion for refining processes, detailed monitoring, a resilient mindset to follow through requests and actions, as well as a desire to make a significant impact, this role is for you
- If you're ready to bring your expertise in money laundering, AML compliance, and controls testing to a dynamic and hands-on environment, we want to hear from you
- 2 to 5 years of experience in money laundering with reference to legal requirements or practical experience
- Experience in AML compliance, internal/external auditing, or controls monitoring & testing
- Training as a bank clerk or equivalent qualification with professional experience in money laundering or financial services
- Extensive experience with systemic auditing or controls testing and report writing
- Knowledge of regulatory requirements (GwG, KWG, etc.)
- Ability to communicate effectively with diverse stakeholders
- Team-oriented with strong decisiveness
- Excellent verbal and written communication skills
- Pragmatic working style
- Confident, with excellent social skills and a hands-on mentality
- You are resilient, self-motivated and empathetic
- You have conflict management and negotiation skills
- You are fluent in English to engage with all international team members within the company. Other languages, particularly German is a strong advantage
What the job involves
- In the ever-evolving landscape of financial compliance, our AFC Controls & Testing Manager plays a pivotal role in ensuring our processes not only meet but exceed regulatory requirements
- This team is at the forefront of safeguarding our operations, continuously refining control and monitoring activities to drive efficiency and effectiveness
- Our team is adept at navigating complex regulatory environments and are relentless in their pursuit of excellence
- We’re looking for an AFC Controls & Testing Manager who is ready to take on the challenge of enhancing our compliance framework
- You will be responsible for supporting the preparation and execution of our annual monitoring plan, improving existing processes, and ensuring robust documentation
- This role demands a proactive approach to identifying deficiencies, advising on outsourcing activities, and providing technical support to both employees and partners
- Support the preparation of the annual monitoring / control plan and ensuring the timely processing of control and monitoring activities
- This is your opportunity to shape the future of our compliance practices and work with a team dedicated to excellence
- Define, execute and implement control and monitoring activities from the control and monitoring plan
- Continuously improve of processes and the existing control and monitoring plan
- Improve the efficiency of existing control and monitoring activities
- Monitor the processing of any deficiencies and communication with the respective partner managers
- Expansion/improvement of the documentation
- Advise specific departments in relation to the monitoring of outsourcing activities
- Provide guidance and technical support for employees and cooperation partners
Our take
Many obstacles in place prevent companies from offering their own financial services. Complex and high-cost processes mean that companies find it difficult to build their own banking systems or even apply for a banking license. This can stunt development as it reduces a company's growth and expansion options.
Solaris offers a Banking-as-a-Service platform that allows companies to seamlessly integrate financial services within their existing operations, removing traditional hurdles that companies would have to face. The company differs from the competition through the use of an API for optimal integration. It also holds a full German banking license, granting it an efficient position to deal with any red tape and complex processes, taking this strain away from companies.
Through moves such as its acquisition of MER, as well as many other collaborations, Solaris has paved the way for increased operations across Europe to now offer significant market coverage. In the long run, the company aims to be the core banking service across Europe and a foundational platform through which all companies integrate financial services into their ecosystem.
Freddie
Company Specialist at Welcome to the Jungle
Insights
-2% employee growth in 12 months
Company
Funding (last 2 of 9 rounds)
Feb 2025
$161.4m
SERIES G
Mar 2024
$104.5m
SERIES F
Total funding: $751.6m
Company benefits
- Learning & development budget
- Remote working allowance
- Free online yoga
- Referral program
- Mental healthcare service
- Public transport allowance
- Partial lunch reimbursement
- Additional vacation days
- Glasses for laptop work
- Fruits and drinks at the office
- Volunteering days
Company HQ
Wrangelkiez, Berlin, BE
Leadership
Carsten Höltkemeyer
(CEO)Joined Solaris in 2022 as CEO. They are also an Executive Chairman at auxmoney. Previously they were the CFO of Merchant Services at Nets Group. CFO of Concardis Payment Group at Concardis, and a General Manager of Barclaycard Hamburg.
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