Job Description

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Additional

Details of the Division and Team

Deutsche Bank (DB) is committed to the highest standards of Anti-Money Laundering (AML), Embargo & Sanctions, Anti-Bribery and Corruption (ABC), Anti-Fraud and Investigations and Financial Crimes, collectively referred to as Anti-Financial Crime Compliance (AFC). The Management and all employees are required to adhere to these standards to protect DB and our reputation from those who intend to use our products and services for money laundering, bribery, corruption, fraud and/or terrorist financing purposes.

The APAC Head of AFC Testing is a senior role within the Controls Testing & Assurance (CT&A) function, an independent pillar with CAO and must own the development and execution of an appropriate Testing program, manage and lead a large and diverse team and engage with senior stakeholders in AFC and in the Business. The role requires strong AFC Risk Management experience, with 10 to 15 years AFC experience and a proven history of delivering AFC testing programs in a large, international bank.

The APAC AFC Testing team comprises of approximately 14 Full Time Employees across Singapore, Hong Kong, China and India. These have direct reporting lines into the APAC Head of AFC Testing. The APAC AFC Testing team is also responsible for appropriate coverage of the other locations within Asia that do not have local staff through a \xe2\x80\x9cremote coverage\xe2\x80\x9d model, which includes travel to the relevant business locations. The APAC Head of AFC Testing reports functionally to the Global Head of AFC Testing and has a matrix reporting to Regional Head of Control Testing & Assurance.

Your key responsibilities

• Lead and manage the APAC Testing team of approximately 14 people (with possible future growth) across multiple jurisdictions, with direct and/or functional reporting lines;
• Source and hire talent into the team to meet growth plans as well as replace any attrition that might arise.
• Develop, maintain and execute an appropriate Testing program for Asia including ensuring that each test is appropriately scoped and executed to the highest standard.
• Oversee the delivery by the team against set timelines, identifying and addressing delays, and ensuring the delivery of all items on the Testing Plan within the relevant timeframes permitted
• Ensure timely and appropriate escalation and reporting of issues noted by Testing;
• Own and develop relationships with stakeholders, including front-office colleagues, AFC and other Infrastructure Groups; and
• Respond to regulatory enquiries and Audit requests in a timely and complete manner

People Management:

• Directly manage Testing senior team members and ensure that the senior members are appropriately managing their direct reports, in an environment where talent acquisition, people management and development is the number one priority.
• Guide, develop and mentor all the individual members of APAC Testing in order to enhance Testing skills, industry and regulatory awareness, and technical and institutional knowledge, driving the identification and development of potential future leaders.
• Act as a role model for the Bank\xe2\x80\x99s values and beliefs for all employees, providing help and support to new joiners to facilitate early integration and assimilation of their new environment.
• Actively support the Bank\xe2\x80\x99s strategy, plans and values, contributing to the achievement of a high performance culture;
• Support tough people decisions to ensure people performance is aligned with organizational imperatives and needs. Address individual performance issues, where necessary, to drive for high performance, and
• Take ownership for own career management, seeking opportunities for continuous development of personal capability and improved performance contribution;

Your skills and experience

Skills required:

• Strong understanding of AFC Risks and the ways in which the risks will crystallize in practice, so as to be able to test adequacy and effectiveness of the Risk Management framework implemented to address those risks;
• Understanding and application of relevant AML & KYC regulations and legislation will be given preference (including but not limited to; the German AML Act, the German Banking Act, AML EU Directives, US BSA and other supporting regulations worldwide);
• Ability and desire to quickly understand an area outside the persons existing experience through independent research and analysis, so as to be able to adequately test or oversee testing of new businesses, processes for AFC risks;
• Very strong attention to detail and ability to identify changes and impact of any changes to documents, systems and processes as against AFC risks, remediation required, etc.
• Excellent drafting skills, including the ability to record and describe complex issues clearly and succinctly, in a way that are easily understandable by any recipient of the relevant reports.
• Able to quickly understand complex issues and set a course of action (that others are prepared to follow) to meet specific goals.
• Strong investigative and analytical skills \xe2\x80\x93 enquiry, analysis, interviewing, testing.
• Strong verbal, written and presentation skills.
• Proactive \xe2\x80\x93 will seek to find the right solution and options to issues within and outside their specific remit, without being prompted and within an appropriate matrix management framework;
• Very strong sense of ownership in respect of the APAC AFC Testing program;
• Very strong people management skills, able to deal with a diverse and remote team, spread across Asia with direct or matrix reporting lines, and with varying levels of AFC Testing experience so as to build and maintain a strong and capable testing team;
• Assertive and engaging and able to quickly build and maintain effective working relationships.
• The ability to generate innovative ideas and challenge the status quo, and multi-cultural awareness and sensitivity; and
• The ability to work independently with minimum direction.

Experience required:

• Minimum 10 to 15 years\xe2\x80\x99 experience in building and heading Financial Crime testing functions with at least some Second Line of Defence testing experience in a large financial institution with the same mix as Deutsche Bank; Strong CIB experience is required.
• Minimum 10 to 15 years\xe2\x80\x99 experience in, with Financial crime expertise and knowledge of regulatory requirements impacting Financial crime affecting the Bank.
• Minimum 3 years of experience managing diverse and remote teams.
• Excellent technical/product knowledge relevant to the activities within Corporate & Investment Banking space in APAC.
• Proven senior management engagement experience, including the ability to influence and drive change.
• Experience with managing regional and global functions reporting lines successfully, ensuring appropriate information flow between the multiple stakeholders.

Education / Qualifications:

• Educated to degree level with a demonstrable professional qualification.
• Proficient in the use of Microsoft Outlook, Excel, Word, and PowerPoint.

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

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