Client KYC Officer - Assistant Vice President
About The Position
The Client Know Your Client (KYC) Officer supports the Institutional Cash Management team covering financial institution clients within the team. The position works directly with the Accountable Client Owner (ACO) responsible for the client relationships with our correspondent banking clients to complete client KYC adoptions and reviews, ensuring strict adherence to Deutsche Bank’s KYC / Anti Money Laundering (AML) Compliance requirements. Further, the role also fulfils important support functions in the non-financial risk management of client relationships, such as analysis of clients’ transaction flow. Today’s regulatory and compliance environment requires a robust and efficient KYC process and strong non-financial risk management, making the role key to the first line of defense role of the Business.
Requirements
- Relevant experience in Correspondent Banking / Institutional Cash Management / Compliance / KYC in a large financial institution
- Solid understanding of KYC laws / regulations, compliance risk as well as non-financial risk, and documentation aspects of KYC process for correspondent banking relationships
- Strong writing skills and fluency in written and spoken English required.
- Excellent communication skills and the ability to build and maintain relationships with colleagues and clients at all levels of seniority
- Accuracy, diligence, and the ability to deliver high quality results within tight deadlines combined with strong analytical skills and ability to work under pressure
Nice To Haves
- Command of Spanish is preferred
- Command of MS Office applications and general computer proficiency
- Good organization & planning skills. Must be able to work independently and must be a team player
- Proven track record in people management, in a functional and/or disciplinary capacity
- Demonstrable project/ process management experience required
- Able to delegate/supervise and build and maintain relationships in teams
Responsibilities
- KYC Risk Management including active client research and screening prospective clients before on-boarding
- Direct client outreach, collecting information & documentation according to periodic review timelines and follow up to ensure complete and timely delivery, complete relevant KYC forms / systems and updating of client KYC profiles driven by material events
- Regular KYC-related client discussions and AML interviews; conduct and assess Account Activity Reviews for continuous monitoring of clients’ transaction flows
- Liaise with Client Service team for review of the quality of clients’ AML field inquiry responses; coordinate with local Compliance and other Global Transaction Banking/ Corporate and Investment Bank/ Infrastructure areas on client KYC issues as required
- Assist with account related legal documentation – liaise with clients for legal agreements and non-KYC documentation
- Organize and conduct training sessions, road shows, workshops / seminars for clients on non-financial risk KYC / AML topics
Benefits
- A diverse and inclusive environment that embraces change, innovation, and collaboration
- A hybrid working model, allowing for in-office / work from home flexibility, generous vacation, personal and volunteer days
- Employee Resource Groups support an inclusive workplace for everyone and promote community engagement
- Competitive compensation packages including health and wellbeing benefits, retirement savings plans, parental leave, and family building benefits
- Educational resources, matching gift and volunteer programs
Stand Out From the Crowd
Upload your resume and get instant feedback on how well it matches this job.
What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
No Education Listed
