Private Bank – KYC Specialist - Associate

at  Deutsche Bank

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.

• 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