Customer Risk Mitigation Team Lead - Vice President

Job Description:

Job Title Customer Risk Mitigation Team Lead

Corporate Title Vice President

Location New York, NY

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

• Managing and overseeing Customer Risk mitigation (CRM) team, including consideration and escalation of capacity or capability concerns to AFC Management

• Overseeing CRM team Customer reviews including supporting QC of CRM team cases and escalating the customers and proposed actions to a Cost of Capital (COC) Suspicious Activity Report (SAR) WG led by AFC Management for review and decisioning;

• Ensuring appropriate training delivered to CRM team new joiners or temporary resources; Overseeing and acting as point of escalation to interdiction list process

• Proactively participate in and support the COC SAR Working Group with AFC teams and business partners , where relevant, to determine 1) if customer relationships require additional analysis considering AFC risk events, 2) if the customer requires escalation to Senior Management or other forums, 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; Disseminating customer risk information to various governance such as CBCRC, board reporting;

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

How You’ll Lead

• 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

Skills You’ll Need

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

• Advanced experience within the AFC function or in business line roles supporting the AFC program

• Strong leadership experience and skills with deep knowledge of bank customers, products, and services

Skills That Will Help You Excel

• Previous experience with regulators a plus, Highly experienced in leading and performing financial crime investigations

• Skilled in multiple AFC programs (AML, Sanctions, 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 excellent 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 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.

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