Risk Mitigation & SAR Working Group - Assistant Vice President

Job Description:

Job Title Customer Risk Mitigation & SAR Working Group                              

Corporate Title Assistant Vice President         

Location Jacksonville 

Overview

The professional will support the development and execution of the framework for escalating customers of concern that either drive or are involved in an Anti-financial crime( AFC) risk event (e.g., Suspicious Activity Report) and for determining the appropriate actions that should be taken with those customers. These actions include but are not limited to:

• Increasing the customer risk rating

• Performing enhanced due diligence

• Performing enhanced and/or more frequent transaction monitoring

• Issuing customer restriction notices

• Restricting transactional flows

• Further escalation to Global AFC where the client has a global relationship with the Bank; and exiting the customer relationship

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

• Proactively support the definition of the list of AFC risk events that require escalation and review the Proactively participate in and support the Customer Risk Working Group with AFC teams and Business partners to determine 1) if customer relationships require additional analysis considering AFC risk events, 2) if the customer requires escalation to Senior Management, and 3) what is the proposed action(s) that should be taken to manage the risk of the customer

• Partnering with the Business and Corporate Bank AFC Advisory to perform targeted reviews of correspondent Bank customers when higher levels of AFC risk events occur

• Escalating the customers and proposed actions to the Americas AFC Risk Identification Forum (“RIF”) for review and decisioning

• Actively support driving the agenda and materials for and leading applicable discussions at the RIF; and tracking decisions and actions made at the RIF

• Ensuring all actions have an owner and are tracked until implemented or closed, and disseminating customer risk metrics (e.g., triggers and SAR trends) to the RIF

• Participating in and ensuring there is alignment between Business-owned forums and the RIF; and Conducting customer reviews when prompted by Global AFC requests

Skills You’ll Need

• Bachelor’s Degree or equivalent; JD or MBA a plus

• Moderate of experience within the AFC function or in Business line roles supporting the AFC program

• Knowledge of Bank customers, products, and services

Skills That Will Help You Excel

• Previous experience with regulators a plus Some experience in leading and performing financial crime investigations

• Experience in multiple AFC programs (Anti-money laundering (AML), Sanctions, Anti-Bribery & Corruption (ABC), Fraud), An articulate and effective speaker and presenter

• Ability to act decisively and manage multiple projects simultaneously, Robust, credible and organizationally savvy, with an ability to grasp complex issues quickly

• Able to work independently to manage projects and deliverables to completion

• Strategically agile and possess influencing and presentation skills for all levels of internal management

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 of remuneration.

Deutsche Bank Values & Diversity

We believe talent is found in all cultur