IB - Transaction Coordination Group - KYC Associate

at  Deutsche Bank

DETAILS OF THE DIVISION AND TEAM:

Deutsche Bank is looking for an experienced KYC professional for a role within the Investment Bank – Origination & Advisory (O&A) division. As part of the front office trade enablement function, you will be expected to work closely with bankers as a control function to detect Anti-Money Laundering (AML/TF) risks prior to transactions.
The Transaction Coordination Group (TCG) is responsible for ensuring O&A clients are successfully on-boarded per our bank’s KYC policy standards, satisfying regulatory requirements and tax reporting. TCG has the mandate of building a front to back model with focus on monitoring, client experience and accurate reporting via in-house systems.
This role requires performing client due diligence, ensuring business controls are met, working with the various control teams and liaising across the levels of management. Intensive co-ordination is required with partners in AFC, Compliance, and other support areas to ensure an efficient and accurate due diligence process for new and existing clients.

YOUR SKILLS AND EXPERIENCE:

• At least 2-3 years of relevant work experience in the Banking/Finance industry
• KYC background, or with prior experience as a Bank’s trade support roles
• Working knowledge in relation to private side business (e.g., Corporate Finance products, Syndication/agency, Capital Markets)
• Strong attention to detail with ability to multi-task and produce quality work under tight deadlines and minimal supervision
• Ability to work with teams remotely across the APAC region, navigate matrix reporting and handle multiple systems simultaneously
• Strong sense of ownership and responsibility
• Awareness of Operational Risk management
• Proficient in MS Office applications
  Role is required to be performed on-site at One Raffles Quay office. Relevant vaccination requirements may apply .

ABOUT US AND OUR TEAM:

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

• Single point of contact to interact with bankers/clients to obtain KYC, Tax, and regulatory requirements for all onboarding and periodic reviews
• Exhibit the highest standards of client engagement with transparency and focus on the client experience
• Review and screen documents to ensure reliability and accuracy in line with policy requirements
• Develop a strong understanding of the overall process and act as the subject matter expert to support the team
• Engage with onshore and offshore teams and liaise with Compliance/Business/External counterparts
• Identify and escalate potential risks and operational issues effectively
• Monitor and track exceptions until closure
• Build relationships by communicating, influencing, and negotiating effectively with business heads, senior managers, consultants, technical experts across departments and businesses
• Confidential handling and maintenance of sensitive client data and documentation
• Remain updated with Regulation and Industry Knowledg