CAO – AFC Singapore AML Officer (International Private Bank) - AVP

at  Deutsche Bank

YOUR SKILLS AND EXPERIENCE:

• 6+ years’ experience AML practitioner with holistic AML / Financial Crime knowledge and skills
• Minimum 6 years of relevant experience/exposure in private banking/high networth segments
• Prior related experience in fronting stakeholders for discussions
• Work experience in a regulator or financial institution
• Degree qualified
• Relevant AML or related certifications (CAMS, CFE, IntDipAML)
• Understanding one or more of the business areas of investment banking, corporate banking, trade finance, asset management and/or private bank, and risk profile of each category.
• Strong analytical skills
• Strong interpersonal and influencing skills
• Customer service orientation
• Attention to detail
• Performance orientation
• Teamwork
• Good stakeholder management good communication skills
• Ability to work independently and prioritize tasks under pressure
  Role is required to be performed on-site at One Raffles Quay office. Relevant vaccination requirements may apply.

ABOUT US AND OUR TEAMS:

Deutsche Bank is the leading German bank with strong European roots and a global network. click here to see what we do.

The AML Officer’s responsibilities include working within the existing AML team to:

• Assist in the continued implementation of the applicable Group and divisional Policies on AML and KYC, through working closely with Client Onboarding colleagues and carrying out quarterly AML controls over relationships in Wealth Management Division.
• Decide on new or existing Singapore relationships that are escalated by the local onboarding staff or deciding to escalate further.
• Assist in the maintenance of the Singapore or entity-level AML policies, procedures and AML Compliance program, as well as the annual Risk Analysis and the coordination of updates to Regional/Global AML.
• Assist in validation of the AML Monitoring parameters and Transaction Screening databases and being the approval point for client third party payments.
• Assist in the review of New Product Approval requests and smart sourcing initiatives for Singapore where appropriate.
• Assist in the fulfillment of local regulatory information requests from MAS and CAD, or within regulatory inspections.
• Assist in the Suspicious Transaction Reporting process to investigate AML Transaction Monitoring and other alerts including hits against the payment filter and ensure suspicious transactions in Singapore are reported to the authorities and appropriately logged.
• Providing or assisting the provision of training on local regulatory requirements and internal policies, along with producing training materials.