ICM TFFI Junior KYC Officer – Associate

Institutional Cash Management / Trade Finance for Financial Institutions

Our global suite of cash management services offers a wide range of solutions to meet clients’ specific requirements thereby providing them with the time and means to concentrate on their core business. Furthermore, our market leading products and services enable our clients to reduce transaction costs, consolidate operations and expand revenue opportunities. Our award-winning client service centers are in all the relevant financial centers worldwide, providing clients with access to an unrivalled global network.

The KYC Officer supports the Institutional Cash Management/Trade Finance team covering financial institution clients within the respective team. The position works directly with the Accountable Client Owner (ACO) responsible for the client relationships with our correspondent banking/trade finance clients to complete client KYC adoptions and reviews, ensuring strict adherence to Deutsche Bank’s KYC / Anti Money Laundering (AML) Compliance requirements. Further, the role also fulfils important support functions in the non-financial risk management of client relationships, such as analysis of clients’ transaction flow. Today’s regulatory and compliance environment requires a robust and efficient KYC process and strong non-financial risk management, making the role key to the first line of defense role of the business.

Responsibilities

• KYC Risk Management including active client research and screening prospective clients before on-boarding as well as part of on-going periodic review process

• Direct client outreach, collecting information & documentation according to periodic review timelines and follow up to ensure complete and timely delivery, complete relevant KYC forms / systems and updating of client KYC profiles driven by material events

• Regular KYC-related client discussions and AML interviews

• Conduct and assess Account Activity Reviews for continuous monitoring of clients’ transaction flows

• Support ongoing developments and enhancements of the ICM TFFI KYC Target Operating Model via project participation

Professional and Personal Requirements

• Previous experience in Correspondent Banking / Trade Finance / Compliance / KYC in a large financial institution preferred

• Good understanding of KYC laws / regulations, compliance risk as well as non-financial risk, and documentation aspects of KYC process for correspondent banking/trade finance relationships Strong writing skills and fluency in written and spoken English required. Command of additional languages such as Arabic and French are beneficial.

• Excellent communication skills and the ability to build and maintain relationships with colleagues and clients at all levels of seniority

• Accuracy, diligence, and the ability to deliver high quality results within tight deadlines combined with strong analytical skills and ability to work under pressure

Deutsche Bank is an equal opportunity employer who seeks to recruit and appoint the best available person for a job regardless of marital / civil partnership status, sex (including pregnancy), age, religion, belief, race, nationality and ethnic or national origin, color, sexual orientation or disability.

We guarantee that your application will remain anonymous and be treated confidentially.

Please let us know if you require any adjustments to enable you to apply or attend an interview. If you would like to discuss your requirements, or have any concerns about the application process, please contact your recruiter.

Our values define the working environment we strive to create – diverse, supportive and welcoming of different views. We embrace a culture reflecting a variety of perspectives, insights and backgrounds to drive innovation. We build talented and diverse teams to drive business results and encourage our people to develop to their full potential. Talk to us about flexible work arrangements and other initiatives we offer.

We promote good working relationships and encourage high standards of conduct and work performance. We welcome applications from talented people from all cultures, countries, races, genders, disabilities, beliefs and generations and are committed to providing a working environment free from harassment, discrimination and retaliation.