Anti Financial Crime (AFC) Testing Lead - Assistant Vice President

Job Description:

Job Title Anti Financial Crime (AFC) Testing Lead

Corporate Title Assistant Vice President

Location Jacksonville, FL

Overview

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. To combat financial crime effectively and respond to challenges in a flexible manner, AFC has a matrix structure combining regional, business line, and global functional coverage in our core areas of Anti-Money Laundering (AML), Sanctions & Embargoes, Anti-Fraud, Bribery & Corruption, Investigations & Intelligence, Monitoring & Screening, and Risk Assessment. Part of our commitment is to strengthen a strong collaboration with all business lines and support functions within our bank.

AFC helps Deutsche Bank generate long-term trust and add value for our clients, staff, and society and provide challenging opportunities for you to learn, contribute, and benefit from your journey with us. We foster an open and inclusive team culture with the aim to build and maintain a healthy, engaged, and well-supported diverse workforce that is equipped to do their best and enjoy their lives inside and outside the workplace, whilst applying the highest standards of conduct to guarantee Deutsche Bank´s success in fighting financial crime.

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’ll Do

• Conduct AFC Testing under the direction of the Americas Head of Compliance and AFC Testing & Quality Assurance (QA), Americas Deputy Head of AFC Testing and QA, and Regional AFC Testing Lead to assess and review compliance with legal, regulatory, and internal firm policy requirements applicable to Deutsche Bank products and services in the Americas

• Support tests, reviews, and adherence checks across all Deutsche Bank Americas business activities and controls to evaluate adherence to regulatory requirements and whether a risk management framework is in place and is effectively managing AFC risks

• Create design effectiveness and operating effectiveness test steps to assess whether AFC risk management frameworks are effectively managing risk and follow laws and regulations

• Develop testing modules and conduct testing across all Deutsche Bank Americas business activities to evaluate adherence to regulatory requirements and compliance risks

• Ensure the review work plan addresses AFC risks and regulatory priorities and the reviews are designed to meet applicable regulatory guidance

• Advise team members with respect to applicable regulatory requirements to ensure testing is adequately designed to identify potential control gaps and non-compliance with laws and regulations

Skills You’ll Need

• Bachelor’s degree or advanced degree (e.g., JD, MBA, etc.) a plus but not required

• Relevant experience working in AFC risk management function pertaining to one or more of the following AFC Risk types; AML, Sanctions & Embargoes, Anti-Fraud, Anti-Bribery & Corruption

• Minimum experience in an Audit, Testing, Quality Assurance, or Quality Control role focused on assessing AFC risk management effectiveness

• Strong understanding and application of relevant AFC regulation and legislation (including but not limited to the Bank Secrecy Act (BSA), USA PATRIOT Act, FinCEN CDD Rule, German AML Act, the German Banking Act, EU AML Directives, and other supporting regulations)

• Strong understanding of multiple AFC risk management frameworks associated with products and services offered by large multinational financial institutions, including (but not limited to) Private Bank, Corporate Bank, and Investment Bank businesses

Skills That Will Help You Excel

• Ability to identify matters that require further analysis and investigative skills (i.e. critical thinking, inquiry, and analysis)

• Solid communication skills (both written and verbal) including ability to write reports tha