Anti-Financial Crime - Correspondent Banking, Client Intelligence Unit Officer- AVP

Anti-Financial Crime (AFC)
Our AFC team is responsible for protecting Deutsche Bank from financial and reputational losses incurred by financial crimes by assessing, controlling and mitigating risks. Risk types related to Anti-Financial Crime are consolidated in a comprehensive and effective risk management framework that covers Anti-Money-Laundering, Sanctions & Embargoes, Anti-Bribery & Corruption as well as Anti-Fraud & Investigations.

Position Overview

Overview:

Deutsche Bank (DB) is committed to the highest standards of Anti-Money Laundering (AML), Embargo & Sanctions, Anti-Bribery and Corruption (ABC), Anti-Fraud and Investigations and Financial Crimes, collectively referred to as Anti-Financial Crime Compliance (AFC). The Management and all employees are required to adhere to these standards to protect DB and our reputation from those who intend to use our products and services for money laundering, bribery, corruption, fraud and/or terrorist financing purposes.

The AFC program is formulated and directed by the Global Head of AFC. Reporting to the Global Head of AFC is the Global Head of Business Line who is responsible for aligning AFC policy and standards across DB's businesses.

The Business Line AFC team advises the businesses on best practices and standards for risk-mitigation reflecting the applicable provisions of the German Anti-Money Laundering Act and the German Banking Act and applicable local laws in each jurisdiction in which the business line operates. Business Line AFC drives divisional and cross-regional harmonization of AFC for DB's businesses by facilitating the development of globally consistent strategies and responses to issues and supporting cross-regional initiatives.

The Correspondent Banking (CB), Client Intelligence Unit (CIU) Officer reports to the Regional CIU Team Lead.

Roles and responsibilities:

• Assists Regional CIU Team Lead in implementing a global methodology for strategic due diligence and enhanced due diligence reviews of cross-jurisdictional and cross-divisional clients with certain high risk factors, with an initial main focus of CB clients;
• Assists the Regional CIU Team Lead in conducting on-site thematic, industry-focused and country-based reviews to deepen understanding of client sector and jurisdictional risk;
• Assists in preparing pre and post onsite visit reports, with respect to CB clients in particular;
• Assists in maintaining relevant management information and metrics for CIU key stakeholders;
• Assists global, regional and local AFC on relevant projects and initiatives including Client Risk Reviews for the relevant region where clients have a cross-jurisdictional or cross-divisional characteristics.
• Provides support to Regional CIU Team Lead in managing special projects related to AFC within the businesses;
• Communicates any critical issues to Regional CIU Team Lead;
• The CB CIU Officer has unrestricted access to all information, data, records and systems in the Bank he/she deems necessary to fulfil their function.

Skills and Qualification:

• 5+ years' experience in financial crime compliance, in particular experience in the development and implementation of cross-functional control frameworks.
• Experience working within a global team in a multinational organization.
• Good working knowledge of banks' EDD framework and general AML / onboarding and KYC procedures and requirements.
• Of graduate caliber with good knowledge of APAC regional and global AML rules and regulations, applicable to a global investment bank.
• Ability to operate well independently or within a team, the role-holder will be required to build relationships within AFC and the Global Transaction Banking business.
• Robust, credible and organizationally/politically savvy, with an ability to grasp complex issues quickly.

Asian language skills would be a plus.

Deutsche Bank offers a challenging and rewarding career where your contribution is valued and rewarded. We have an inclusive and friendly working environment coupled with excellent facilities and benefits.

Deutsche Bank is an equal opportunity employer who seeks to recruit and appoint the best available person for a job regardless of marital status, sex (including pregnancy), age, religion, belief, race, nationality and ethnic or national origin, colour, sexual orientation or disability.