ACO Support – Corporate Coverage - Assistant Vice President

Job Description:

Job Title ACO Support – Corporate Coverage

Corporate Title Assistant Vice President

Location New York

Overview

As an Accountable client owner (ACO) Support in Corporate Coverage at Deutsche Bank, you will play a crucial role in maintaining the integrity of our client relationships by ensuring compliance with Know Your Client (KYC) and Anti-Money Laundering (AML) standards. You will collaborate with Coverage Bankers to support multinational corporate clients, coordinating KYC tasks and processes to ensure adherence to regulatory standards. Your efforts will ensure that our Corporate Bank continues to lead in providing integrated and effective solutions to clients globally.

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

• Collaborate with Coverage Bankers to complete KYC and AML tasks, including periodic and event-driven reviews, for a designated client portfolio

• Manage client perimeter by supporting Accountable Client Owners (ACOs) in feedback actions and monitoring the pipeline for potential risks of overdue cases

• Act as a liaison for KYC-related activities, ensuring accurate ACO allocations and coordinating portfolio monitoring on a global scale

• Prepare KYC cases for review, ensuring full compliance with Deutsche Bank's global and local KYC policies

• Utilize strong influencing skills to work effectively with stakeholders, ensuring timely completion of KYC-related tasks and resolution of key issues

• Serve as the local contact for KYC systems and coordinate with relevant teams to address any system-related issues

Skills You’ll Need

• Bachelor’s degree or equivalent experience in the corporate financial services industry

• Proficiency in client due diligence for various entity types, such as multinational corporations and funds

• Strong understanding of KYC, sanctions, and screening procedures, including documentation requirements

• Proficient in English with excellent oral and written communication skills to engage with senior management and clients

• Ability to work effectively under time-driven deadlines to complete KYC review cases

Skills That Will Help You Excel

• Excellent communication skills, both written and spoken, with the ability to interact effectively with diverse teams and clients

• Additional language skills relevant to the region of work are advantageous

• Strong team player capable of collaborating with middle office analysts, compliance, and business stakeholders

• Self-motivated with a proactive approach to managing complex cases and facilitating resolutions

• Familiarity with KYC systems like CRV, dbSleuth, and dbCLM

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 City is $65,000 to $107,250. 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 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 a