Private Bank – KYC Specialist - Associate
at Deutsche Bank
Singapore, Southeast, Singapore -
Start Date | Expiry Date | Salary | Posted On | Experience | Skills | Telecommute | Sponsor Visa |
---|---|---|---|---|---|---|---|
Immediate | 12 Nov, 2024 | Not Specified | 13 Aug, 2024 | N/A | Sensitivity,Interpersonal Skills,Customer Base,Operations | No | No |
Required Visa Status:
Citizen | GC |
US Citizen | Student Visa |
H1B | CPT |
OPT | H4 Spouse of H1B |
GC Green Card |
Employment Type:
Full Time | Part Time |
Permanent | Independent - 1099 |
Contract – W2 | C2H Independent |
C2H W2 | Contract – Corp 2 Corp |
Contract to Hire – Corp 2 Corp |
Description:
YOUR SKILLS AND EXPERIENCE:
- Degree majoring in Banking, Accountancy or Business Administration or related discipline
- Knowledgeable and experienced in operations, account documentation, risk management, Sophisticated AML/KYC knowledge and experience in banking or financial industry for at least 3 years in Private Bank/Wealth Management
- Mature, strong analytical and problem solving ability with excellent interpersonal skills and the ability to manage relationships with all levels
- Ability to develop a good knowledge of the customer base, with sensitivity to specific customer needs.
- A team leader who is able to multi-task effectively in a dynamic environment, appreciate diversity and follow through assignments within tight schedule
- Strong customer relationship, communication and presentation skills
- Problem solving skills
- Strong process and project management experience
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.
Responsibilities:
- Acting as first level control and providing quality assurance in the KYC process;
- Providing subject matter expertise to ACOs on complex account structures;
- Advising front office on legal documents for legal entities during the NCA and KYC review process;
- Acting as sparring partner for client ACOs in all AML/KYC related topics;
- Supporting ACO’s in completing the KYC information accurately;
- Overseeing and monitoring the entire KYC process within front office, including upcoming regular reviews;
- Acting as intermediary between front office and cross functions (e.g. AFC, Neutral Control / Middle Office, Legal etc.), where required
- Provision of specialist advise to RM (e.g., on docs / SoW)
- Check quality and completeness and correctness of client files / KYC forms
- Setup case management team (RM, COBS, iCAT, AFC, DCRO, COO etc) subject to the complexity of the case
- Collection of docs (directly with clients if requested)
- Update KYC questionnaire based on the information provided by RC (if requested)
- Request for pre-screening of names as applicable
- Monitor, track and escalate cases as appropriate and share MI on a weekly basis to RM/TH/GH
- Be the lead to focus and streamline the account opening and KYC review process and Advising Front Office on legal documents during the NCA and KYC Review Process
- Provide expert advice to Client Advisors on complex account structures and KYC/AML cases the business is confronted with
- Participate in client meetings if required
- To understand the Bank Global KYC/ AML Standards, Account Documentation procedures, Local Laws and Regulations and implement related control processes
- Escalation of operational, regulatory and other risks to line manager and functional leads as appropriate; contributes to the development and implementation of mitigation or control solutions
REQUIREMENT SUMMARY
Min:N/AMax:5.0 year(s)
Financial Services
Banking / Insurance
Finance
Graduate
Banking accountancy or business administration or related discipline
Proficient
1
Singapore, Singapore