Head of Compliance and Money Laundering Reporting Officer

Role Responsibilities

As a key member of Western Unions Compliance function in Germany you will serve as the appointed Money Laundering Reporting Officer (MLRO) and play a critical role in ensuring that our German entities fully comply with all legal and regulatory obligationsparticularly in the areas of AntiMoney Laundering (AML) and CounterTerrorist Financing (CTF). You will manage regulatory interactions oversee internal AML processes and partner closely with senior leadership to protect the integrity of Western Unions operations.

In this role you will:

• Serve as the primary point of contact for German supervisory authorities law enforcement bodies and the Financial Intelligence Unit (FIU).
• Fulfil MLRO responsibilities in accordance with Section 25h (7) of the German Banking Act (KWG).
• Lead the independent handling assessment and coordination of suspicious activity reports (SARs).
• Ensure adherence to all reporting obligations to BaFin and other regulatory authorities.
• Develop implement and maintain AML/CTF policies procedures and internal controls.
• Define and monitor compliance requirements across existing and new products services and business initiatives.
• Train and sensitize internal staff on AML compliance expectations and regulatory changes.
• Collaborate closely with the Managing Director and contribute to business continuity planning.

Role Requirements

• University degree preferably in law economics finance business or a related discipline.
• Minimum 5 years of professional experience in AML compliance or risk managementideally within a complex financial payments or regulated environment.
• At least 3 years in a leadership or supervisory capacity.
• Strong knowledge of German AML/CTF regulations supervisory expectations and relevant financial products/processes.
• Proven experience engaging constructively with regulatory authorities and internal stakeholders.
• Excellent analytical problemsolving and decisionmaking skills.
• Strong communication skills in both German and English (written and spoken).
• Demonstrated ability to lead motivate and develop a team.

Work Shift

HYBRID - Western Union values in-person collaboration problem solving and ideation whenever possible. We believe this fosters common ways of working and supports how we execute initiatives for our customers. The expectation is to work from the office a minimum of three days a week.

BENEFITS AND OTHER DETAILS

Benefits

You will also have access to short-term incentives multiple health insurance options accident and life
insurance and access to best-in-class development platforms to name a few. Please see the benefits below specific to your country. If applicable additional role-specific benefits will be mentioned during your interview process or in an offer of employment.

Your Germany specific benefits include:

• Short-term incentive programs
• Accident and life insurance
• First-class development platforms
• Contribution-based pension plan
• Group life insurance through the pension plan

Other Details

We are passionate about honoring our employees identity and fostering a feeling of belonging. Our commitment is to provide an inclusive culture that celebrates the unique backgrounds and perspectives of our global teams while reflecting the communities we serve. We do not discriminate based on race color national origin religion political affiliation sex (including pregnancy) sexual orientation gender identity age disability marital status or veteran status. The company will provide accommodation to applicants including those with disabilities during the recruitment process following applicable laws.

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Estimated Job Posting End Date:

This application window is a good-faith estimate of the time that this posting will remain open. This posting will be promptly updated if the deadline is extended or the role is filled.