BLAFC PB Advisory - Assistant Vice President

Job Description:

Job Title BLAFC PB Advisory

Corporate Title Assistant Vice President

Location Jacksonville, Florida

Overview

AFC is responsible for Deutsche Bank’s overall Anti-Money Laundering Program, including oversight of the New Client Adoption (NCA), Know Your Customer (KYC), and products processes giving rise to potential financial crime. The Anti-Money Laundering Compliance Officer (AMLCO) position will advise on products consider potential reputational risk and oversee the KYC process for High Risk clients, with a specific focus on conducting four eye reviews for Regular (aka Periodic) KYC Reviews, Event Driven Reviews (EDRs) and remediation of KYC files for International Private Bank (PB). A successful professional will be able to get up to speed with the program’s content and learn how to navigate the organization across the global and regional Anti-Financial Crime, Operations, Legal, And Front Office teams.

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

• Advise and support the International Private Bank (PB) business on clients, products, and transactions with potential financial crime risks; apply practical standards of the anti-financial crime (AFC) compliance program and respond on dispensations request

• Advise the PB business on reputational risk and other advisory cases with potential financial crime risks

• Provide guidance on Anti-Money Laundering (AML) / Office of Foreign Assets Control (OFAC) issues and trends to Business Partners

• Provide guidance and respond to queries from various internal groups (including the Front Office, Legal, Advisory Compliance, etc.) relating to complex AFC issues

• Support regional remediation initiatives for PB business; facilitating the review of the overall AFC program including risk analysis, periodic high risk account reviews, Event Driven Review (EDR), quality controls reviews, and ensuring a consistent Enhanced Due Diligence (EDD) review and approval is applied

Skills You’ll Need

• Moderate years of working experience in the financial industry within AFC Compliance, Legal or Regulatory functions

• Bachelor’s degree or equivalent, an advance degree (e.g., JD, MBA, etc.) is a plus (not required)

• Able to act decisively and manage multiple client and transaction reviews simultaneously, able to have identify risks that are specific, timely and material

• An effective decision maker with strong problem-solving skills, with the ability to identify, escalate and communicate issues to management in an effective and succinct manner

• An excellent writer with good judgement, analytical, and research skills, with meticulous with a strong attention to detail and the ability to multitask

Skills That Will Help You Excel

• Excellent communication skills, both written and spoken

• Staying update on any new rules, regulations, and reputational risks to develop implement and revise current policies and procedures

• Maintaining a thorough and current understanding of the regulatory environment and actively participating in processes both internally and externally to affect change beneficial to the Firm

• Knowledge of wealth management and institutional broker-dealer

• Previous experience in Know Your Client (KYC) reviews and/or remediation’s (preferred), knowledge of financial markets, products, and processes

Expectations

It is the Bank’s expectation that employees hired into this role will work in the Jacksonville 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 Jacksonville is $78,000 to $111,800. 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