Job Description

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.

What we will offer you:

A healthy, engaged and well-supported workforce are 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:

• 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- filtering 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-filtering 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.
• 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 7 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 experience with Regional and Global Sanctions policies & Governance cutting across APAC region.
• Proven Project Management experience in Sanctions related initiatives, with the ability to lead a small team, while providing stability re: business-as-usual activities.
• Possesses attention to detail and being meticulous in reviewing sanctions-related issues for all escalations from Business units and APAC locations.
• Proven stakeholder management skills with ability to communicate (verbal and written) clearly to Business units and APAC locations substantiated assessment/position and recommend follow-up action.
• Self-starter, proactive and independent, exercises flexibility in addressing contentious issues, principled, and action-oriented individual.
• Proven experience in managing teams with diverse cultural backgrounds.

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

How we\xe2\x80\x99ll support you:

• Flexible working to assist you balance your personal priorities
• 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

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