Details of the Division and Team:

Deutsche Bank (DB) is committed to the highest standards of Anti-Money Laundering (AML), Sanctions & Embargoes, Anti-Bribery and Corruption (ABC) and Anti-Fraud & Investigations (AF&I) and wider Financial Crime (collectively referred to as Anti Financial Crime) prevention. The Management and all employees are required to adhere to these standards to prevent DB and our reputation from those who may intend to use our products and services for money laundering, bribery, corruption, fraud and/or Terrorist Financing (TF) purposes.

DB Group will examine its Anti-Financial Crime (AFC) strategies, goals and objectives on an ongoing basis and maintain an effective program for DB’s business that reflects the best practices for a diversified, global financial services provider.

The AFCO function is responsible for the AML, CTF, Sanctions & Embargoes, Anti-Fraud & Investigations (AFI), ABC activities in the jurisdiction where relevant.

The purpose of AFCO’s role is to assist the Country AFCO in completing with AML related roles and responsibilities.

What we will offer you:

A healthy, engaged and well-supported workforce is better equipped to do their best work and, more importantly, enjoy their lives inside and outside the workplace. That’s why we are committed to providing an environment with your development and wellbeing at its center.

You can expect:

• Insurance coverage for employees and direct family members (spouse and children)

• Good benefit in sick leave (max 6 days of sick leave per year with no document submission requirement

• Gender Neutral Parental Leave

• Flexible working arrangements

Your key responsibilities:

• Assist Country AFC Officer (CAFCO) and AVP AFCO in advising on and ensuring implementation of AFC policies and procedures whereas involvement in ABC and AFI policies depends on the availability of headcount in the location and if none, this will be assisted by the respective regional team.

• Assist CAFCO and AVP AFCO in advising on the impact of new AFC related internal and external rules and ensuring that local guidelines and procedures are in line and reflect German and local laws / regulations. Escalate exceptions to the Regional Head of AFC.

• Assist CAFCO and AVP AFCO in assessing the conformity of internal policies and procedures, systems and controls with relevant regulatory obligations and DB Group standards.

• Being secondary point of contact for AFC matters with competent regulatory, law enforcement or other public authorities in their jurisdiction, and in the absence of local ABC and AFI headcount, in conjunction with the respective regional heads.

• Assist CAFCO and AVP AFCO in reporting and liaising with Regional Head of AFC and other AFC Senior Management to ensure appropriate reporting and escalation of issues and/or incidents.

• Assist CAFCO and AVP AFCO in contributing to DB AFC Function by sharing knowledge and best practices with AFC Officers of the other businesses and entities and other AFCOs. Contribute to the development of AFC methodologies by cooperating with other disciplines like Compliance, Legal, Audit and Operational Risk Management.

• Assist CAFCO and AVP AFCO in ensuring timely delivery of the local AFC Risk Assessment in the country leveraging off regional assessments performed for ABC and AFI topics.

• Assist CAFCO and AVP AFCO in providing AFC advice in the change management process including but not limited to the New Product Approval (NPA) and Vendor Risk Management (VRM) Process.

• Assist CAFCO and AVP AFCO in helping maintain an AFC compliance staff awareness culture by providing appropriate training to staff and arranging training by other regional leads for Sanctions & Embargoes, ABC and AFI. Oversight of local Training and ensure that AFC Training requirements are met in conjunction with the leads.

• Assist AFCO and AVP AFCO in developing and maintaining the AFC related Internal Control Framework under advice from Regional AFC Risks & Controls to ensure adequate monitoring and control measures are implemented, report on any findings and advise management on remedial actions to take.

• Complying with the requirements set by the AFC Global Controls Programme. Assist CAFCO and AVP AFCO in developing and carrying out adequate controls to ensure that all applicable legal and regulatory AFC requirements are being adhered to in their jurisdiction

AML

• Assist CAFCO and AVP AFCO in maintaining especially an adequate Internal Control Framework for Unusual and/or Suspicious Transactions in terms of organization, administration systems and controls to ensure properly and timely detection, investigation and reporting of unusual and/or suspicious transactions or activities to competent authorities in compliance with applicable rules.

• Assist CAFCO and AVP AFCO in implementing adequate monitoring – research /surveillance tools.

• Assist CAFCO and AVP AFCO in discharging the responsibilities of AFC as set out under global KYC policies for divisions present in the jurisdiction.

• Assist CAFCO and AVP AFCO in making decisions on new or existing clients that are escalated or decide to escalate further.

• Assist CAFCO and AVP AFCO in tracking and following up on the conditions that have been imposed as part of the KYC approval.

• Assist CAFCO and AVP AFCO in following up with the Business on status of Regular Reviews and obtain relevant MIS from the Business.

Sanctions

• Assist CAFCO and AVP AFCO in monitoring local regulatory sanctions developments and notifying relevant changes and specifications to the Regional Head of Sanctions.

• Discharging the responsibilities of the Group Embargo Office locally as set out in the Group Embargo Policy and in the Special Risk Country Policy ensuring implementation of applicable sanctions requirements on a country level.

Anti-Fraud

• Assist CAFCO and AVP AFCO in assuming and promoting AFC’s responsibility for anti-fraud in country (including advisory, policy, training, monitoring, investigation etc), either directly or as the liaison with regional AFI teams.

• In Vietnam where the AFC has no dedicated AF&I headcount, the Local AFC Officer will assist the CAFCO and AVP AFCO in making reports to the relevant Regional Head of AF&I all fraud matters for central tracking and reporting. The regional AF&I team will assess if further regional support is required in delivery of local anti-fraud responsibilities.

Anti-Bribery & Corruption

• Assist CAFCO and AVP AFCO in assuming and promoting AFC’s responsibility for anti-bribery & corruption in country (including advisory, policy, training, monitoring, investigation etc), either directly or as the liaison with regional ABC teams.

  • In Vietnam where the AFC has no dedicated ABC headcount, the Local AFC Officer will assist the CAFCO and AVP AFCO in making reports to the relevant Regional Head of ABC all bribery and corruption matter for central tracking and reporting. The regional ABC team will assess if further regional support is required in delivery of local anti-bribery & corruption responsibilities. The regional ABC team will retain the lead in reviewing risks associated with certain ABC functions, specifically reviewing connected hire candidates and Business Development Consultants risk assessment per Policy, they will involve the local AFCO as it impacts their location.

• Assist CAFCO and AVP AFCO in ensuring that AFC Employee Reliability Requirements are met.

• Assist CAFCO and AVP AFCO in ensuring that local record keeping processes are aligned with the AFC-related legislative, regulatory and internal requirements.

Your skills and experience:

• 5-7 years of experience in banking and/or financial industry of which at least 2 years either Anti Financial Crimes, Anti Money Laundering, Know Your Client or Compliance, Risks or other Control Functions are preferred.

• Strong understanding of banking products, processes, anti-financial crimes risk and controls.

• Strong knowledge or experience in IT / database is a plus.

• Analytical thinking, risk and control oriented.

• Confident and articulate partner to multiple functions.

• Fluency in English.

• Bachelor’s degree, preferred in Law, Banking or Economy

How we’ll support you:

• Flexible working to assist you balance your personal priorities

• Coaching and support from experts in your team

• A culture of continuous learning to aid progression

• A range of flexible benefits that you can tailor to suit your needs

• Training and development to help you excel in your career

About us and our teams:

Deutsche Bank is the leading German bank with strong European roots and a global network. click here to see what we do.

Deutsche Bank & Diversity

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.