Customer Risk Mitigation & SAR Working Group - Associate

Job Description:

Job Title Customer Risk Mitigation & SAR Working Group

Corporate Title Associate

Location Jacksonville, FL

Overview

The candidate 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;

• 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 relevant BLAFC teams to perform targeted reviews of correspondent bank customers when higher levels of AFC risk is present

• Escalating the customers and proposed actions to a working group led by AFC Management for review and decisioning

• Ensuring all actions have an owner and are tracked until implemented or closed;

• Disseminating customer risk metrics (e.g., triggers and SAR trends) to a working group led by AFC Management; Participating in and ensuring there is alignment between business-owned forums and a working group led by AFC Management; and

Skills You’ll Need

• Bachelor’s Degree or equivalent

• Moderate 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

• Experience in performing financial crime investigations

• Ability to act decisively and manage multiple projects simultaneously

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

• Able to demonstrate excellent analytical, judgment, and research skills

• Able to identify, escalate and communicate issues to management in an effective and succinct manner

Expectations

It is the Bank’s expectation that employees hired into this role will work in the Jacksonville, FL 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 $60,000 to $86,000. 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