Senior Analyst – CT&A KYC Quality Assurance (f/m/x)

at  Deutsche Bank

YOUR SKILLS AND EXPERIENCES

• Fluency in both English and Spanish (verbal and written) is a must-have . Fluency in any other EMEA languages is advantageous (French / Arabic / Dutch).
• Advanced understanding of KYC processes and controls in Financial Institutions (former experience with KYC QA is a big plus).
• Good understanding and application of relevant AML & KYC regulation and legislation.
• Working knowledge of international banking business and products across Wealth Management, Retail Banking, Corporate and Investment Banking.
• Excellent analytical, research, problem solving and decision-making skills. Strong attention to detail and the ability to identify, escalate and communicate issues to management in an effective and succinct manner.
• Ability to work independently and accurately within tight deadlines while multitasking and prioritising workload with minimal supervision.

DETAILS OF THE ROLE AND HOW IT FITS INTO THE TEAM

The CT&A KYC Quality Assurance programme is formulated and directed by the (Deputy) Global Head of CT&A (Controls Testing and Assurance). Testing & Quality Assurance (QA) is a core component of this programme. It provides assurance to the Management Board, Global Head of AFC and key stakeholders as to the design and/or operating effectiveness of the control framework to manage the Bank’s financial crime risks.

DETAILS OF THE ROLE AND HOW IT FITS INTO THE TEAM

CT&A KYC QA, as a 2LoD function, undertake risk-focused, sampled-based QA to independently assess whether processes to manage financial crime risks in the first and second lines of defence (LoD) operate effectively. The CT&A KYC QA Senior Analyst reports to the CT&A KYC QA Berlin Team Lead. The role’s key responsibility is to execute the QA programme on KYC files, to determine whether files meet quality and completeness requirements in line with applicable policies and regulations, and whether risks have been properly identified and adequately documented by the relevant Business and AFC Functions.

YOUR KEY RESPONSIBILITIES

• Perform CT&A KYC QA assessment in accordance with the global methodology and quality standards. Assess the completeness and accuracy of KYC files using professional judgment, independent research and the review of the supporting documentation. Assess whether narratives address all risk factors, meet internal policies and procedures, regulatory standards and can be fully understood by a third party (i.e. Internal/External Audit, Regulators);
• Execute the KYC QA activities within the applicable commitments and SLAs. Document workflow status, work performed and the results of the KYC QA assessment;
• Prepare Management Information (MI) and reports that are accurate, concise, timely and provide added value to the business to allow continuous improvement of controls and processes;
• Liaise with Senior Stakeholders from Business, Business Line AFC and AFC Policy teams at local and regional levels to discuss and validate the factual accuracy of KYC QA results; Manage relationships and influence key stakeholders across the business lines and collaborate with other control functions as required;
• Present KYC QA findings and areas for improvement to relevant stakeholders. Track management of findings, ensuring appropriate issue reporting and escalation;
• Support the Team Lead to develop and implement a globally consistent KYC QA Programme. Provide assistance to ad-hoc requests from the Team Lead.