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AFC GMCO - Risk & Typology Coverage Assessment (RTCA) - Assistant Vice President

Deutsche Bank

Deutsche Bank

New York, NY, USA
Posted on Jan 13, 2025

Job Description:

Job Title AFC GMCO - Risk & Typology Coverage Assessment (RTCA)

Corporate Title Assistant Vice President

Location New York

Overview

Deutsche Bank benefits from having an 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 & Embargoes, Anti-Fraud, Bribery & Corruption, Investigations & Intelligence, Monitoring & Screening, and Risk Assessments.

Our AFC Global Monitoring Coverage & Oversight ‘GMCO’ Team will provide you with opportunities to gain experience, grow and define your career. We foster an open, diverse, and inclusive team culture, which is engaged and well-supported for prosperity and enjoyment of a life/work balance.

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

What You will Do

  • Track and review external and internal inquiries related to Transaction Monitoring ‘TM’ risk coverage assessment and communicate to coverage assessment lead for review/escalations

  • Ongoing execution of TM Risk &Typology Coverage Assessment ‘RTCA’ for all lines of Business within the Americas, including product coverage for respective typologies & risk themes and produce assessment results for stakeholders to review & approve

  • Ongoing review and assessment of new product approvals (NPA) or product enhancement for TM and document results for management review

  • Ensure timely and complete delivery of requested documentation, coordinate relevant approvals and supporting documentation for submission

  • Assist with KOD review and documentation for all coverage assessment methodologies and procedures

Skills You will Need

  • Understanding of financial, compliance, legal and/or regulatory industry; understanding of the legal and compliance issues for large complex banking organizations

  • Experience managing and delivering on various projects simultaneously

  • Solid project management/workflow management skills

  • CAMS certification preferred

  • Knowledge of anti-money laundering (AML) Laws (USA Patriot Act), Regulations (FED, Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA)) a plus

Skills That Will Help You Excel

  • Ability to communicate issues and analysis results to Senior Management in an effective manner

  • The ability to work under pressure and within tight deadlines with no loss of accuracy

  • An initiative-taking approach to tasks & responsibilities

  • Able to interpret complex requirements and be an initiative-taker

Expectations

It is the Bank’s expectation that employees hired into this role will work in the New York office in accordance with the Bank’s hybrid working model.

Deutsche Bank provides reasonable accommodations to candidates and employees with a substantiated need based on disability and/or religion.

The salary range for this position in New York is $85,000 to $120,750. Actual salaries may be based on a number of factors including, but not limited to, a candidate’s skill set, experience, education, work location and other qualifications. Posted salary ranges do not include incentive compensation or any other type of renumeration.

Deutsche Bank Benefits

At Deutsche Bank, we recognize that our benefit programs have a profound impact on our colleagues. That’s why we are focused on providing benefits and perks that enable our colleagues to live authenti­cally and be their whole selves, at every stage of life. We provide access to physical, emotional, and financial wellness benefits that allow our colleagues to stay financially secure and strike balance between work and home. Click here to learn more!

Learn more about your life at Deutsche Bank through the eyes of our current employees https://careers.db.com/life

The California Consumer Privacy Act outlines how companies can use personal information. If you are interested in receiving a copy of Deutsche Bank’s California Privacy Notice please email HR.Direct@DB.com.

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We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively.

Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group.

We welcome applications from all people and promote a positive, fair and inclusive work environment.

We are an Equal Opportunity Employer - Veterans/Disabled and other protected categories. Click these links to view the following notices: EEOC Know Your Rights; Employee Rights and Responsibilities under the Family and Medical Leave Act; Employee Polygraph Protection Act and Pay Transparency Nondiscrimination Provision.