Job Description

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Details of the Division and Team:

Operations provides comprehensive Know Your Client, New Account Opening, Periodic Review, Client Reference Data Analysis and Services; and Data Management solutions within relevant DB systems for IB.

The Know Your Client (KYC) Associate focuses on client Periodic reviews, remediation\xe2\x80\x99s and exceptions in line with regulatory standards and jurisdictions.

The KYC Associate provides regular communication to senior bank stakeholders on changes in KYC, Anti Money Laundering (\xe2\x80\x98AML\xe2\x80\x99) and Anti Financial Crime (\xe2\x80\x98AFC\xe2\x80\x99) areas and ensures any changes required are implemented with minimum disruptions.

The KYC Associate also assists the bank\xe2\x80\x99s clients, managing all KYC and account opening requirements with appropriate governance and controls.
They operate in an environment of strict adherence to Standard Operating procedures (\xe2\x80\x98SOP\xe2\x80\x99s) and Operation Level Agreements (OLA\xe2\x80\x99s) to achieve accurate and timely account opening to help execute trades

What we will offer you:

A healthy, engaged and well-supported workforce is better equipped to do their best work and, more importantly, enjoy their lives inside and outside the workplace. That\xe2\x80\x99s why we are committed to providing an environment with your development and wellbeing at its center.

You can expect:

Flexible benefits plan including virtual doctor consultation services

Comprehensive leave benefits

Gender Neutral Parental Leave

Flexible working arrangements

25 days of annual paid leave, plus public holiday & Flexible Working Arrangement

Your key responsibilities:

Act as the single point of contact for the Business, managing the end to end KYC process for new client adoptions, product/business extensions and client regular review/remediation for IB (Global Market) business line, ensuring outputs are of high quality, and delivered in timely manner

Gather and collect all required KYC, compliance or regulatory documentation via internal or public searches, as well as through Client or Business Outreach

Perform first screening on documentation to ensure client adoption/review adheres to DB\xe2\x80\x99s Global Compliance requirements, specific country KYC & regulatory requirements and Key Operating Procedures

Manage escalations and face off to key stakeholders

Manage risk effectively by ensuring timely and precise escalation and handling/monitoring of issues including identification of root cause and coming up with resolutions

Effective pipeline prioritization and coordination with NOC (Near & Offshore Centers) teams

Develop and produce critical metrics and reports that provides transparency on team\xe2\x80\x99s performance and Business intelligence

Monitor and track exceptional/conditional approvals, audit and regulatory items until closure

Adhere and implement process changes/improvements especially on regulatory items

Work on data clean up initiatives, remediation, re-engineering projects.

Drive continuous process improvements within the team

Assist to implement new products, new regulatory requirements, and change policy via formalizing the process flow, KOP update and training

Ensure Business Continuity Management functions are compliant

Ensure key operating and desktop procedures are kept updated

Your skills and experience:

Working knowledge on AML, KYC, and regulatory requirements like FATCA, MIFID, etc.

Relevant experience in Client On boarding and Remediation

Experience of on boarding / Remediation entity type Regulated Entities, SWF, SOE, Special Purpose Vehicles, Funds, Trusts, REITs

Product knowledge and specific requirements of Global Market product is a plus

Experience in Client Service

Role is required to be performed on-site at One Raffles Quay office. Relevant vaccination requirement may apply.

How we\xe2\x80\x99ll support you:

Coaching and support from experts in your team

A culture of continuous learning to aid progression

A range of flexible benefits that you can tailor to suit your needs

Training and development to help you excel in your career

Coaching and support from experts in your team

About us and our teams:

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

Deutsche Bank & Diversity

Our values define the working environment we strive to create \xe2\x80\x93 diverse, supportive and welcoming of different views. We embrace a culture reflecting a variety of perspectives, insights and backgrounds to drive innovation. We build talented and diverse teams to drive business results and encourage our people to develop to their full potential. Talk to us about flexible work arrangements and other initiatives we offer.

We promote good working relationships and encourage high standards of conduct and work performance. We welcome applications from talented people from all cultures, countries, races, genders, sexual orientations, disabilities, beliefs and generations and are committed to providing a working environment free from harassment, discrimination and retaliation.

Visit to discover more about the culture of Deutsche Bank including Diversity, Equity & Inclusion, Leadership, Learning, Future of Work and more besides.

Deutsche Bank