Job
Description
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Job Title
ICM/TFFI Center of Excellence Account Activity Review Associate
Corporate TitleAVP
LocationMumbai, India
Role Description
The Corporate Bank was set up independently in 2019 and is now at the center of Deutsche Banks new strategy. The Corporate Bank is a leading global provider of cash management, trade finance and securities services, delivering the full range of commercial banking products and services for both corporates and institutions worldwide.The ICM/TFFI Account Activity Review Center of Excellence (AAR CoE) team acts as a central function within Institutional Cash Management (ICM) & Trade Finance Financial Institutions (TFFI) for our Correspondent Banking clients. The team is tasked with providing vital levels of KYC due diligence and Non-Financial Crime Risk review and support within the overall Client Lifecycle. As its primary mandate, AAR CoE performs Account Activity Review & Analysis. This ensures timely identification and escalation of potential Sanctions & Embargos and Financial Crime & Money Laundering related risks.Todays regulatory and compliance environment requires a robust and efficient KYC process and strong non-financial risk management, making the role an important part of the first line of defense within the business.
What well offer you
100% reimbursement under childcare assistance benefit (gender neutral)Sponsorship for Industry relevant certifications and educationAccident and Term life Insurance
Your key responsibilities
Investigates Correspondent Banking client transactional behavior (Account Activity Reviews) in order to identify and document transactional outliers against expected client transactional activity behavior, in line with Risk Appetite Statement and relevant KODs/KOPsInvestigates and analyses alerts output, generated by the firms strategic tools, to identify matches that require escalation to the line of Business (Accountable Client Owners (ACOs) KYC Operations as well as Anti Financial Crime (AFC)/Business Line Compliance and takes part in in-depth discussions as requiredDocuments accurately alert dispositions for all hits and prepares summaries of relevant findings and communicates these to KYC Officers and ACOsPerforms 4-Eyes Reviews of team output Ensures correct, clear and structured analysis and documentation of team deliverables for management, internal & external stakeholders and auditIdentifies and implements process improvements and documentation.Supports/leads local or global initiatives or projects in close collaboration with Team Leads and other stakeholders (Business, Senior Management and Audit)Interprets latest Key Operating Procedures/Documents and KYC Guidelines and provides guidance to the team and function, if required, in liaison and agreement with KOP/KOD OwnerParticipates in/leads the ongoing training of team members.Close collaboration with KYC Officers and ACOs to gain specific market and client knowledge to support the decision-making process around relevance of alerts
Your skills and experience
Relevant university degree and/or equivalent professional experienceMinimum 3 years of prior knowledge/experience with regulatory and/or KYC related topicsMinimum 3 years of prior experience in Compliance, Anti Money Laundering, Transaction Monitoring, Know Your Client, Audit, Risk or other related roles required, ideally within large international Financial Institutions, with a focus on Correspondent BankingVery Good knowledge and awareness of Risks associated with Correspondent BankingFirst demonstrable project management experience preferred.Trade Finance (TF)/Trade Finance for Financial Institutions (TFFI) experience and expertise beneficialExcellent ability to filter large volume of data & information for relevance against established criteria.Very good research and analytical skills, combined with a good sense of risk awareness.Attention to detail, accuracy, diligence and the ability to deliver high quality results within tight deadlines.Strong communication, presentation and training skills, with the ability to convey the required messages across all stakeholder levels.Team player with strong work ethics, able to motivate others and able to work independently.Capable to work and collaborate within a multicultural and diverse environment.Fluent communication skills in written and spoken English required.Profound command of MS Office applications (Excel, Word, PowerPoint, Outlook) and general computer proficiency
How well support you
About us and our teams
Please visit our company website for further information:https://www.db.com/company/company.htm
We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively.Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group.We welcome applications from all people and promote a positive, fair and inclusive work environment.
