AFC Controls & Risk Assurance Associate

N26 Inc.; Madrid (IA); On-site; USD 90,000 - 130,000; Full time

Benefits offered by this job

Personal development budget

Work from home budget

Fitness & wellness discounts

Language apps

Public transportation discounts

Premium N26 account access

Relocation with visa support

Job summary

N26 Inc. is seeking an AFC Compliance Controls and Reviews - Associate to manage the Second Line of Defense testing framework. You will work with Global AML teams to validate controls, report risks, and implement remediation with senior management input.

The role requires 3+ years in audit or risk assurance, strong language skills, and a proactive, data-driven approach in a fast-paced banking environment.

Qualifications

• Bachelor degree in law, economics or equivalent with knowledge of Compliance and Financial Crime Prevention in banking.
• At least 3 years in External or Internal Audit or Risk Assurance, with monitoring/testing experience.
• Understanding AML/CTF regulations and banking regulatory landscape.
• Technical mastery of assurance methodologies and sampling logic.
• Ability to translate the Risk Assessment into a tactical control plan.

Responsibilities

• Execute the AFC control framework testing monthly, quarterly, and annually.
• Assess control setup vs actual operation performance.
• Co-develop and maintain local/global AFC control plan aligned to risk assessment.
• Prepare reporting for AFC Governance Forum to senior management.
• Identify control gaps early and drive remediation tracking to closure.

Skills

Fluent English

Fluent German

Analytical thinking

Stakeholder management

Data-driven decision making

Risk & controls testing

Education

Bachelor’s degree in law or economics

Postgraduate compliance training (benefit)

Job description

N26 Inc. is seeking an AFC Compliance Controls and Reviews - Associate to manage the Second Line of Defense testing framework. You will work with Global AML teams to validate controls, report risks, and implement remediation with senior management input.

The role requires 3+ years in audit or risk assurance, strong language skills, and a proactive, data-driven approach in a fast-paced banking environment.