Process & Risk Oversight (Team Lead), Sanctions & Embargoes Americas - Vice President

Deutsche Bank • New York, NY

2d • Hybrid

About The Position

Deutsche Bank benefits from having a highly experienced and dedicated Anti-Financial Crime (AFC) function, which performs a crucial role in keeping Deutsche Bank’s business operations and global financial services clean from financial crime while serving the interests of the Bank and society. Our regional/global matrix structure allows for flexible responses to challenges in the core areas of: Anti-Money Laundering, Sanctions & Screening, Anti-Fraud, Bribery & Corruption, Investigations & Intelligence, Monitoring & Screening, and Risk Assessment. The Sanctions & Embargoes Process & Risk Oversight Officer assists with the maintenance of a control framework to ensure adherence to all applicable Sanctions & Embargoes regulations and policies within Deutsche Bank Group.
What We Offer You
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

Requirements

• Bachelor's degree or equivalent, preferably with a focus on economics, business or equivalent experience
• Extensive experience in Compliance or a similar industry role, with a strong focus on Sanctions & Embargoes
• Comprehensive knowledge of economic sanctions and/or Anti-Money Laundering regulations
• Strong financial crime, Sanctions risk and control mindset
• Proven experience in team leadership, mentoring, and managing projects

Nice To Haves

• Able to deliver timely and quality execution in a fast-paced and high-pressured environment, while prioritizing requirements and managing multiple workstreams effectively to adhere to deadlines
• Detail oriented and organized, as well as proactive in follow-up on pending deliverables
• Flexible to work extended hours to meet deadlines, when necessary
• Able to work across geographic and cultural boundaries to achieve organizational goals and objectives, fostering a collaborative team environment
• A collaborative team player with strong communication and influencing skills, ready to lead and assist the Process & Risk Oversight team and other teams within Sanctions & Embargoes on any ad-hoc project

Responsibilities

• Lead and manage the team responsible for protecting Deutsche Bank from legal, regulatory and reputational risk with regard to Sanctions & Embargoes, provide guidance and mentorship to junior team members, and represent the team in relevant forums and discussions while maintaining close interaction with third parties
• Continuously monitor the regulatory situation with regards to Sanctions & Embargoes, providing expert advice and guidance to the team and stakeholders on matters of regulatory compliance, policy adequacy, and Financial Crime best practices
• Oversee and manage the Quality Assurance over sanctions-specific controls within AFC, the Business, and other infrastructure functions, ensuring their effectiveness and integrity
• Lead the establishment of an integrated controls and sanctions testing framework covering Sanctions & Embargoes and perform and oversee second level controls and periodic testing on Sanctions & Embargoes matters, processes and procedures in line with the Process & Risk Oversight team’s methodology
• Oversee and direct Sanctions & Embargoes transactional lookbacks, user reviews, reconciliations, enhancement efforts, and other ad-hoc projects, ensuring updates to the Process & Risk Oversight Key Operating Procedure adhere to Sanctions Policy and other AFC requirements across Deutsche Bank Americas
• Conduct thorough reviews and critical assessments of the design, implementation, and ongoing effectiveness of the organization’s sanctions and embargoes risk framework (including Name List Screening, transaction screening, filtering, list management, and related controls), identify and escalate key risks and control weaknesses, and foster cross-functional collaboration to support a comprehensive check-and-challenge environment
• Champion and cultivate a high-performance culture, fostering collaboration and continuous learning across your team and beyond
• Drive strategic initiatives from conception to execution, empowering team members to take ownership and deliver impactful results
• Mentor and develop talent, providing clear direction, constructive feedback, and opportunities for growth to build a strong, adaptable team

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

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees