KYB Specialist

N26 Inc.; Madrid (IA); On-site; USD 56,000 - 79,000; Full time

Benefits offered by this job

Relocation package with visa support

Job summary

N26 is seeking a Specialist in Know-Your-Business (KYB) to join our growing compliance team. You will support due diligence for corporate entities and Treasury counterparties, ensuring robust risk governance and smooth operations for the Treasury Front Office.

You will gain exposure to corporate ownership mapping, UBO verification, ODD, EDD, HRC, and PEP processes, applying established policies and working with KYB tools to manage complex cases in a fast-paced, multinational environment.

Qualifications

• Foundational experience in KYB, Corporate Due Diligence, or general KYC operations.
• Proven track record of managing and resolving KYC cases efficiently.
• Previous experience in similar fast-paced Finance and Banking companies is desired.

Responsibilities

• Learn and apply fundamental knowledge of regulatory requirements (GwG, KWG) and standard KYB procedures.
• Apply experience with due diligence processes related to High-Risk Customers (HRC) and Politically Exposed Persons (PEP).
• Correctly apply established policies in case assessments to ensure quality work.
• Contribute to maintaining the SLA by efficiently managing assigned cases and meeting deadlines.
• Demonstrate proficiency with KYB tools to process and manage complex corporate cases.

Skills

KYB knowledge

English (C1)

German (nice-to-have)

Tools

Salesforce

Dow Jones

Factiva

Handelsregister

Transparenzregister

Job description

About the opportunity

We are looking for a Specialist in Know-Your-Business (KYB) to join our growing team. In this role, you will support functioning of key due diligence processes for corporate legal entities and Treasury counterparties, ensuring optimal risk governance and seamless operational support for our Treasury Front Office.

In KYB, our goal is to foster a culture of compliance within N26 that is trusted by authorities, institutional counterparties, and shareholders. For that purpose, developing your knowledge in corporate ownership mapping, UBO verification, Ongoing Due Diligence (ODD), Enhanced Due Diligence (EDD), High-Risk Customers (HRC), and Politically Exposed Persons (PEP) will be key to your success in this position.

The Specialist role focuses on operational support, executing basic-to-intermediate corporate KYB reviews, and processing Treasury Due Diligence cases. Through structured training and continuous learning, the Specialist will become a key contributor to N26's regulatory compliance and day-to-day operations.

In Your Next Challenge, You Will:

• Learn and apply fundamental knowledge of regulatory requirements (GwG, KWG) and standard procedures related to KYB, TSY DD, EDD, and ODD processes.
• Apply your experience with due diligence processes related to High-Risk Customers (HRC) and Politically Exposed Persons (PEP).
• Correctly apply established policies in each case assessment, maintaining a clear understanding of compliance requirements to ensure quality work.
• Contribute to the maintenance of the Service Level Agreement (SLA): Efficiently manage assigned cases, ensuring deadlines are met.
• Showcase proficiency in using KYB tools and platforms (Salesforce, Dow Jones, Factiva, Handelsregister, Transparenzregister) for efficient processing and management of complex corporate cases
• Demonstrate your analytical and investigative skills to assess and mitigate risks associated with High Risk customer profiles.
• Showcase your ability to interpret and analyse financial statements, transactions, and other relevant data to make informed decisions.
• Conduct thorough and accurate assessments, identifying risks and relevant documentation.
• Demonstrate a high level of Problem-Solving skills, continuously proving the ability to identify and solve problems independently.
• Demonstrate effective team collaboration, working closely with peers in a multicultural and fast-paced environment.
• Foster open dialogue within the team and share key case findings. Actively seek help and feedback for professional growth.
• Collaborate with internal stakeholders (such as Treasury Front Office, MLRO, Sanctions, and Customer Support) to resolve questions quickly and effectively.
• Adapt quickly to process changes and maintain a positive attitude. Actively participate in the adoption of new guidelines and tools.
• Be exposed to a fast-paced environment, demonstrating openness to learning and incorporating new methodologies and technologies into the KYC workflow.
• Participate in team projects and complete assigned operational tasks accurately.
• Embrace our Customer-Centric Approach, focusing on enhancing the user experience for our customers undergoing the KYC process, balancing compliance requirements with a seamless and user-friendly approach.

What You’ll Need to Be Successful

Background:

• Foundational experience in KYB, Corporate Due Diligence, or general KYC operations.
• Proven track record of managing and resolving KYC cases efficiently.
• Previous experience in similar fast-paced Finance and Banking companies is desired.

Skills:

• 1-3 years of experience in KYB, KYC, or AFC Operations.
• Knowledge of banking regulations.
• C1 level English language proficiency (both writing and speaking) and having German language proficiency is a big plus.

Traits:

• Actively help yourself (and others) be successful.
• Continuously learn and challenge the status quo.
• Think globally, act locally.
• Strong bias for action.
• Give and receive open, direct and timely feedback.
• Respect and follow internal escalation rules

What’s in it for you:

• Accelerate your career growth by joining one of Europe’s most talked about disruptors.
• Employee benefits that range from a competitive personal development budget, work from home budget, discounts to fitness & wellness memberships, language apps and public transportation.
• As an N26 employee you will have access to a Premium subscription on your personal N26 bank account. As well as subscriptions for friends and family members.
• Vacation days vary depending on your location of work. Additional day of annual leave for each year of service.
• A high degree of autonomy and access to cutting edge technologies - all while working with a friendly team of peers of diverse nationalities, life experiences and family statuses.
• A relocation package with visa support for those who need it.

Who we are

N26 has reimagined banking for today’s digital world. Technology and design empower everything we do and it’s how we are building the global banking platform the world loves to use.

We've eliminated physical branches, paperwork, and hidden fees for an elegant digital experience and supreme savings. Giving people the power to live and bank their way is what gets us out of bed in the morning and inspires the work that we do.

Founded in 2013, N26 now has 7 million customers in 24 markets. We employ more than 1,500 employees across 3 office locations in Berlin, Vienna and Barcelona. Besides the main offices, N26 also has local offices in Paris, Madrid, Milan, and São Paolo.

N26 is an equal opportunity employer and values diversity. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status or disability status.