Job Description

Deutsche Bank (DB) is committed to the highest standards of Anti-Money Laundering (AML), Sanctions & Embargoes, Anti-Bribery and Corruption (ABC) and Anti-Fraud & Investigations (AF&I) and the wider financial crime (collectively referred to as Anti Financial Crime) prevention. The Management and all employees are required to adhere to these standards to prevent DB and our reputation from those who may intend to use our products and services for money laundering, bribery, corruption, fraud and/or Terrorist Financing (TF) purposes.

DB Group will examine its Anti-Financial Crime (AFC) strategies, goals and objectives on an ongoing basis and maintain an effective program for DB\xe2\x80\x99s business that reflects the best practices for a diversified, global financial services provider. The AML Team sits within the AFC function.

Additional

Details of the Division and Team:

Deutsche Bank (DB) is committed to the highest standards of Anti-Money Laundering (AML), Sanctions & Embargoes, Anti-Bribery and Corruption (ABC) and Anti-Fraud & Investigations (AF&I) and the wider financial crime (collectively referred to as Anti Financial Crime) prevention.
The Management and all employees are required to adhere to these standards to prevent DB and our reputation from those who may intend to use our products and services for money laundering, bribery, corruption, fraud and/or Terrorist Financing (TF) purposes.

DB Group will examine its Anti-Financial Crime (AFC) strategies, goals and objectives on an ongoing basis and maintain an effective program for DB\xe2\x80\x99s business that reflects the best practices for a diversified, global financial services provider. The AML Team sits within the AFC function.

Your key responsibilities:

• Support the APAC Regional Head of Sanctions in protecting DB from legal, regulatory, and reputational risk with regard to business involving sanctioned entities and / or countries.
• Provide guidance regarding sanctions-related questions and issues; thereby supporting Businesses (1st Line of Defence) establish appropriate organization and control structures to process transactions in a well-defined and compliant environment.
• Interface with client service officers on transaction-related requests and decide on these in full compliance with all applicable sanctions regulations as well as the DB\xe2\x80\x99s policies and procedures.
• Continuously monitor the sanctions regulatory situation in the region. Support in the translation of external developments of the legal situation into potential policy adjustments for the Bank.
• Ensure diligent review of transaction-related requests and decide on these in full compliance with all applicable sanctions regulations as well as the Bank\'s policies and procedures.
• Investigate and review transaction payment messages escalated from Regulatory Filtering Operations to APAC Sanctions for potential sanctions or policy violations.
• Support all Sanctions-related aspects in deal team activities, including the drafting of sanctions clauses.
• Review/ decide on the adoption of new clients/ review of existing clients that are referred to the APAC Regional Sanctions team.
• Support sanctions-relevant reporting obligations involving countries in the APAC region to the competent authorities.
• Handle and respond to inquiries from regulatory authorities as well as internal or external auditors and business lines regarding sanctions observance.
• Conduct of training or briefing sessions to Business and other Infrastructure units within the APAC region.
• Participation in global and regional calls to update on regional developments and issues may be required.
• Reporting of any sanctions breaches to the AFC Sanctions Breach Team.
• Identification of any sanctions relevant gaps in existing processes and addressing these with relevant stakeholders.

Your skills and experience:

• Minimum 5 years\xe2\x80\x99 relevant Sanctions experience within a financial institution or investment bank providing sanctions advisory service directly to internal and external stakeholders.
• Proven knowledge and understanding of regional and global sanctions policy & governance along with financial sanctions and embargoes across APAC.
• Proven experience in project management and planning skills experience with the ability to lead various working groups, while providing stability re: business-as-usual activities.
• Bachelor\xe2\x80\x99s degree or equivalent work experience
• Strong stakeholder management skills
• Excellent communication skills (verbal and written) clearly to Business units and APAC locations substantiated assessment/position and recommend follow-up action.
• Strong attention to detail and being meticulous in reviewing sanctions-related issues for all escalations from Business units and APAC locations.
• Self-starter, proactive and independent, exercises flexibility in addressing contentious issues, principled, and action-oriented individual.
• Team player with strong interpersonal skills, as well as an understanding of Asia-Pacific cultural nuances.

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

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