Job Description:
Job Title AFC Know Your Client (KYC) Associate
Corporate Title Associate
Location Jacksonville, FL
Overview
As a Business Line Anti-Financial Crime (BLAFC) officer you will serve as the first point of contact for all Anti-Financial Crime (AFC) related matters and support Know Your Client (KYC) components of the AFC program.
You will assume a key role within the team responsible for performing risk reviews of the Deutsche Bank KYC population (CB/IB) in accordance with AFC global/regional objectives and you will deliver against agreed quality and productivity expectations.
What We Offer You
- A diverse and inclusive environment that embraces change, innovation, and collaboration
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What You'll Do
- Perform reviews and provide decisions through the enhanced due diligence (EDD) processes for US region high-risk & elevated-risk Deutsche Bank client relationships, at various client lifecycle stages (New Client Adoption/Periodic Review/Event Driven Review), in an effective and efficient timeframe
- Conduct client risk assessments on escalated client files; risk assessments include reviewing and challenging; country, industry, entity, channel, and product risks, including special risk factors such as Politically Exposed Persons (PEPs), adverse media/negative news, complex ownership structures, links to special risk factors, & any other reputational concerns
- Review and assess appropriateness of temporary & permanent waiver requests relating to alternative verification measures
- Perform completeness and accuracy validations of client screenings and address potential matches. Document the assessment/disposition of screening results according to procedures and guidance
- Research/analyze and provide recommended remediation efforts for clients that present AFC risk
- Advise Business & KYC colleagues on enquiries and issues arising from client onboarding process
Skills You'll Need
- Moderate experience in the financial services industry within Anti Money Laundering (AML)/CFT/BSA Compliance, Risk Management, Business Controls, KYC, Legal, & Regulatory Functions
- Bachelor's Degree or equivalent work experience/qualifications. CAMS Certification (preferred, but not required)
- Superior risk management skills and knowledge of relevant local/global AML laws/regulatory requirements
- Knowledge of USA PATRIOT Act, 5th EU Money Laundering Directive, FATF standards, Wolfsberg Group & other regulatory measures (preferred)
- Basic understanding of Investment Banking and Corporate Banking businesses
Skills That Will Help You Excel
- A Team player displaying strong interpersonal skills
- Highly proficient in written and oral communication
- Able to identify matters that require further analysis and investigation;
- Flexible and ability to multi-task and change directions based on business demands
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 $54,000 to $77,400.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 renumeration.
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!
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We welcome applications from all people and promote a positive, fair and inclusive work environment.
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