Blafc kyc coe senior analyst

Werkgever:
Deutsche Bank
Regio:
Amsterdam
 
Functieomschrijving

Description

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For over 150 years, our dedication to being the for our clients has been driven by our people – in around 60 countries and across more than 150 nationalities.

Their deep understanding, insights, expertise, and passion help our clients navigate an increasingly complex world – be it in our Corporate Bank, our Private Bank, our Investment Bank or our Asset Management division.

Together we can make a great impact for our clients home and abroad, securing their lasting success and financial security.

Regulation, Compliance and Anti-Financial Crime (AFC) protect the integrity and reputation of Deutsche Bank. They manage the Bank’s risks and help to avoid unintentional rule breaches and conflicts of interest. At the same time, they also advise on ethical conduct, governance issues and keep our organization up to date on regulatory and political challenges.

Department

The BLAFC teams oversee the development and implementation of an effective and sustainable Financial Crime Control Framework across the bank’s first and second Lines of Defense. In doing so, they provide specialist advice to ensure that business strategies are executed in line with the bank’s financial crime risk appetite.

The BLAFC KYC CoE activities comprise of the review, assessment and providing advice on High Risk Know Your Client (KYC’) files (New Client Adoption, Periodic Reviews and Event Driven Reviews) that are escalated to BLAFC KYC CoE.

Overview

As a BLAFC KYC CoE Senior Analyst you will be assessing KYC reviews for CB and IB, collaborating with the relevant Business stakeholders, Client Lifecycle Management and other AFC functions. The primary focus of the reviewer is to assess all relevant risks and ensure that each review is within the bank’s risk appetite. The role is executed within the fixed parameters of the bank’s front-to-end integrated KYC process and regulatory anti-financial crime risk requirements, and you will deliver against agreed productivity and quality expectations.

Responsibilities:

  • Identify and support the management of financial crime risks arising from regular reviews, event driven reviews, new client adoptions and new product extensions
  • Review and provide 4-eye sign-off on escalated files for Remediation, Regular Review, New Product Extensions and Event Driven Reviews within the agreed SLAs
  • Validate the client risk rating generated is in line with expectations
  • Assess the risk factors identified during due diligence provided by client lifecycle management (CLM)
  • Liaise with CLM to obtain additional information or request ACO to conduct additional research where required
  • Ensure outcome and rational is clearly documented within the KYC systems and / or escalated for further guidance
  • Ensure that KYC reviews undertaken are in line with the KOPs guidelines and processes
  • Providing guidance on all KYC issues escalated to AFC
  • Identifying, investigating and escalating AFC Policy breaches
  • Collaborating and liaising with other AFC functions for KYC case approval, such as Sanctions & Embargo’s, AFBC, FCO, BIU etc.
  • Contributing to the wider global KYC Centre of Excellence programme, identifying best practices
  • Review of new or existing clients that are escalated or deciding to escalate further to Governance Forums for review
  • Participating in relevant Forums with stakeholders and peers
  • As an SME coach and train BLAFC KYC CoE Analysts on all of the above

    • Skills:

  • A bachelor or master degree in law or risk or any other related economic study
  • 3 to 5 years work experience within the financial services industry with relevant experience in and knowledge of the relevant Laws and Regulation and AML/CTF and KYC processes and procedures
  • A strong track record in risk and regulatory matters, ideally including:
  • Solid understanding of AFC risks and typologies in order to identify areas or instances of potential AFC risks and to address them appropriately.
  • Experience of relevant regulations/laws and related circulars
  • Proven analytical skills, problem solving ability, and a control mindset paired with meticulous attention to detail.
  • Ability to work deadline driven and multi-task in a fast-paced environment
  • Ability to work with various stakeholders across all 1LoD and 2LoD and manage expectations, without impacting on the quality output
  • Ability to identify and communicate potential overdue issues in a timely manner
  • Ability to manage complex workflows across multiple teams
  • Self-motivated and proactive team player who takes ownership of assignments, thrives in a teamwork-oriented environment and works well under pressure.
  • supporting the BLAFC KYC CoE Team Lead with managing day-to-day operations
  • Performing assessments and supporting on Financial Crime risk resulting from the bank’s business with Risk clients and transactions
  • Actively supporting the business strategy, plans and values, contributing to the achievement of a high-performance culture
  • Dealing successfully with operational and organizational problems and/or escalate this to senior management
  • Taking ownership for own career management, seeking opportunities for continuous development of personal capability and improved performance contribution

    • Well-being & Benefits

  • Emotionally and mentally balanced
    We support you in dealing with life crises, maintaining stability through illness, and maintaining good mental health.
  • Physically thriving
    We support you managing your physical health by taking appropriate preventive measures and providing a workplace that helps you thrive.
  • Socially connected
    We strongly believe in collaboration, inclusion and feeling connected to open up new perspectives and strengthen our self confidence and well being.
  • Financially secure
    We support you to meet personal financial goals during your active career and for the future.

    • Our cultural aspiration is to be ‘empowered to excel together every day’. This means we strive for the highest standards of integrity, are accountable while learning from mistakes, promote speaking up and constructively challenge each other to further innovation. Seeking out conversations, proactively embracing change, new facts and different perspectives helps our talented and diverse teams to work in partnership across the globe and drive business results.