KYC Team Lead - AVP

Position Overview

Details of the Division and Team:

Deutsche Bank’s Private Banking business is one of the largest wealth managers worldwide. We offer our clients a broad range of traditional and alternative investment solutions, as well as comprehensive advice on all aspects of Wealth Management.

As a trusted partner of wealthy individuals and entrepreneurs, family offices and foundations, we create lasting value for clients. We specialize in developing bespoke solutions for our clients around the world, for instance wealth planning across successive generations and international borders, asset management with individual risk management, loans and deposits.

What we will offer you:

A healthy, engaged and well-supported workforce is better equipped to do their best work and, more importantly, enjoy their lives inside and outside the workplace. That’s why we are committed to providing an environment with your development and wellbeing at its center.

You can expect:

• Flexible benefits plan including virtual doctor consultation services
• Comprehensive leave benefits
• Gender Neutral Parental Leave
• Flexible working arrangements
• 25 days of annual paid leave, plus public holiday & Flexible Working Arrangement

Your key responsibilities:

• Responsible for ensuring KYC (Know Your Client) reviews are in line with regulatory standards
• Act as a Team Lead to run a team of client onboarding SME on behalf of the Head of NCA
• Act as a checker to review team members’ reviews to ensure Source of Wealth corroboration, review of corporate structures and performance of beneficial ownership drilldown
• Assessment of money laundering, fraud, reputational risk, and sanctions risk factors on client accounts
• Perform screening and relevant alert adjudication
• Handle audit and quality control enquiries
• Work in partnership with Front Office and Anti Money Laundering colleagues to ensure files are completed in a timely manner and with high quality

Your skills and experience:

• Minimum 5 years’ experience in KYC or AML
• Familiar with FATCA and CRS requirement
• Strong leadership skills, have led a team or managed people (direct reports)
• Experience in Source of Wealth (SOW) and KYC review
• Degree majoring in Banking, Accountancy or Business Administration or related discipline
• Good stakeholder management skills
• Strong time management, organizational, planning and follow-up skills
• Able to multi-task effectively
• Willing to learn and take on additional challenges
• Good team player
• Pro-active and able to work under pressure
• Good communication skills (oral and written) and interpersonal skills
• Good knowledge of Microsoft Suites – Word, Excel, PowerPoint

Role is required to be performed on-site at One Raffles Quay office. Relevant vaccination requirements may apply.

How we’ll support you:

• Coaching and support from experts in your team
• A culture of continuous learning to aid progression
• A range of flexible benefits that you can tailor to suit your needs
• Training and development to help you excel in your career

About us and our teams:

Deutsche Bank is the leading German bank with strong European roots and a global network. 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.