Jobs at Deutsche Bank – Front Office Support

Website Deutsche Bank

Job Description:

In accordance with Anti-Money Laundering (AML) requirements, banks, such as Deutsche Bank AG, are obliged to perform Know-Your-Client (KYC) reviews on all new clients they adopt and periodic reviews of these clients as per their risk category. These checks and reviews are made in strict accordance with regulatory requirements and the Bank’s internal policies.

Job Responsibilities:

  • Work effectively with key stakeholders using strong influencing skills to ensure the mutually satisfactory resolution of key issues and that the respective responsibilities are understood, agreed, and escalated where required
  • Appropriate and confidential handling/sharing of sensitive client data
  • Undertake KYC due diligence reviews in a timely manner, as per Deutsche Bank policies
  • Classify clients from a risk and regulatory perspective
  • Analyze AML risks associated with the client – potential risks and operational issues should be identified and escalated as appropriate
  • Identify red flag situations and escalate in line with Deutsche Bank policies and procedures

Job Requirements:

  • Understanding of sourcing information from various data sources (Bloomberg, Factiva, Lexis Nexis, etc.) and in several cases utilizing financial reports and audited statements for such purposes
  • Ability to understand the risks of dealing with politically exposed persons (PEP’s) and regulatory expectations around dealing with PEP’s
  • Understanding of Control, Compliance/AML, and Investigation functions in the banking industry
  • Understanding of the end-to-end KYC and client on-boarding processes
  • Understanding of the possible implications of financial sanctions on banks and financial institutions (Office of Foreign Assets Control (OFAC), HM Treasury, EU, and UN sanctions)

Job Details:

Company: Deutsche Bank

Vacancy Type: Full Time

Job Location: New York, NY, US

Application Deadline: N/A

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