New York, New York

Position Overview

Job Title: AML Compliance Officer FIC & CRU

Corporate Title: Vice President

Location: New York, NY

Overview

Anti-Financial Crime (AFC) Compliance is responsible for Deutsche Bank's overall Anti-Money Laundering (AML) Program, including oversight of the New Client Adoption (NCA) and Know Your Customer (KYC) processes. As the AML Compliance Officer (AMLCO), you will handle the KYC process for High Risk clients, with a specific focus on Regular (aka Periodic) KYC Reviews, Event Driven Reviews, and remediation of KYC files for all businesses within Fixed Income and Currencies (FIC) and Capital Release Unit (CRU). You will need to be able to get up to speed with content quickly and learn how to navigate the organization across the global and regional AFC, Operations, Legal, Client Lifecycle Management (CLM) and Business teams.

What We Offer You:
  • We offer competitive health and wellness benefits, empowering you to value life in and out of the office
  • Retirement savings plans, parental leave, and other family-friendly programs
  • An environment that encourages networking and collaboration across functions and businesses
  • Active engagement with the local community through Deutsche Bank's specialized employee groups


Hear from our people and look inside our office: DB@The Muse

Your Key Responsibilities:
  • Advise and support the FIC & CRU business on clients, products, and transactions with potential financial crime risks; apply practical standards of the AFC compliance program and respond on dispensations request
  • Advise the FIC & CRU business on reputational risk, preadoption request, and other advisory cases with potential financial crime risks; from time to time act as a delegate to regional head and attend related committees
  • Meet regularly with key Business Partners to ensure AFC risk is properly understood and communicated; provide guidance on AML/OFAC issues and trends to Business Partners
  • Provide guidance and respond to queries from various internal groups (including the Front Office, the Middle Office, CLM, Legal, Advisory Compliance, etc) relating to complex AFC issues
  • Support regional client remediation initiatives for FIC and CRU business; facilitating the review of the overall AFC Compliance program including risk analysis, periodic high-risk account reviews, EDR, quality controls reviews, and ensuring a consistent EDD review and approval is applied
  • Support regional head in management of FIC and CRU Internal Audit and External Audit points to successful completion; provide support in coordinating/responding for requests for information for Internal Audit, Regulators, and Law Enforcement as part of audits, examinations, and investigations


Your Skills and Experience:
  • Minimum undergraduate degree or equivalent
  • An advanced degree (e.g. JD, MBA, etc.) is a plus (not required)
  • Extensive working experience in the financial industry within AFC Compliance, Legal or Regulatory Change functions
  • Superior knowledge of relevant AFC laws/regulatory requirements, particularly with respect to Investment Bank products; CAMS Certification (preferred, but is not required)
  • Proven strong academic track record


How You'll Lead:
  • AFC Compliance, Legal or Audit experience, particularly in connection with KYC and the Regular Review process
  • Knowledge of investment banking and institutional broker-dealer
  • Knowledge of 3rd EU Money Laundering Directive and other FATF AML priorities (preferred


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, sexual orientations, disabilities, beliefs and generations and are committed to providing a working environment free from harassment, discrimination and retaliation.

Click here to find out more about diversity and inclusion.

We are an Equal Opportunity Employer - Veterans/Disabled and other protected categories. Click these links to view the following notices: \"EEO is the Law poster\" and supplement ; Employee Rights and Responsibilities under the Family and Medical Leave Act; Employee Polygraph Protection Act and Pay Transparency Nondiscrimination Provision.

New York, New York

Our vision

We aspire to be the leading client-centric global universal bank

We serve shareholders best by putting our clients first and by building a global network of balanced businesses underpinned by strong capital and liquidity.

We value our German roots and remain dedicated to our global presence.

We commit to a culture that aligns risks and rewards, attracts and develops talented individuals, fosters teamwork and partnership and is sensitive to the society in which we operate.

Our values and beliefs

Integrity

  • We live by the highest standards of integrity in everything we say and do
  • We will do what is right – not just what is allowed
  • We communicate openly; we invite, provide and respect challenging views

Sustainable Performance

  • We drive value for shareholders by putting long-term success over short-term gain
  • We encourage entrepreneurial spirit which responsibly balances risk and returns
  • We pursue lasting performance by developing, nurturing and investing in the best talent and by managing based on merit

Client Centricity

  • We earn our clients’ trust by placing them at the core of our organization
  • We deliver true value by understanding and serving our clients’ needs best
  • We strive to pursue mutually beneficial client relationships in which the value created is shared fairly

Innovation

  • We foster innovation by valuing intellectual curiosity in our people
  • We enable our clients’ success by constantly seeking suitable solutions to their problems
  • We continuously improve our processes and platforms by embracing new and better ways of doing things

Discipline

  • We protect the firm’s resources by always thinking and acting like owners
  • We live by the rules and hold ourselves accountable to deliver on our promises – no excuses
  • We achieve operational excellence by striving to ‘get it right the first time’

Partnership

  • We build diverse teams to generate better ideas and reach more balanced decisions
  • We put the common goals of the firm before ‘silo’ loyalty by trusting, respecting and working with each other
  • We act as responsible partners with all our stakeholders and regulators, and in serving the wider interests of society

Our brand

Deutsche is clear: we are here to perform – in business and beyond. We do this with a unique mix of passion and precision. This measured approach gives us the confidence to enable agile minds to look beyond the obvious, gaining advantage for everyone we work with.