R0146920 – Chief Administrative Office – Anti Financial Crime – Singapore Business Line AFC Officer (Wealth Management) – Assistant Vice President
Job title: R0146920 – Chief Administrative Office – Anti Financial Crime – Singapore Business Line AFC Officer (Wealth Management) – Assistant Vice President
Job description: Details of the Division and Team: The Singapore Anti-Money Laundering Department, part of Anti Financial Crime, supports Deutsche Bank businesses in Singapore in managing AML risk, is responsible for Details of the Division and Team: The Singapore Anti-Money Laundering Department, part of Anti Financial Crime, supports Deutsche Bank businesses in Singapore in managing AML risk, is responsible for ensuring related processes are in place and that all policies, procedures and guidelines conform to internal DB policies and MAS regulations. The operations in Singapore include a Branch and capital markets services licensees. For candidates with the relevant seniority or experience, additional regional responsibilities will be conferred. 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’s 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: Assist in the continued implementation of the applicable Group and divisional Policies on AML and KYC. Ensure appropriate reporting and escalation of issues and/or incidents to the MLRO, Local Head of AFC and/or Regional Head of AFC. Assist in monitoring local regulatory developments and notify relevant changes to the MLRO and Regional Head of AFC. Assist in maintaining the Singapore or entity-level AFC policies, procedures and AFC Compliance program, as well as the annual Risk Analysis and coordinate updates to Regional/Global AFC. Review Client Escalations (Incl. High Risk Client Review (NCA, RR & EDR)), and referring escalations to AFC Specialists, as appropriate. Review Client risk Rating Modification (Override) Requests Review and approve PEP and PEP Reclassification. Review and escalate Waivers (Temp/Perm), as appropriate. Assist in overseeing the follow-up on conditions imposed through approvals Assist in conducting the local AML Risk Assessment. Recommend and manage client rejection / exit recommended by AFC. Coordinate responses and input for MI reports requested by Global AFC or the AFC reporting function. Assist in the maintenance of the Singapore or entity-level AML policies, procedures and AML Compliance program, as well as the annual Risk Analysis and the coordination of updates to Regional/Global AML. Assist in validation of the AML Monitoring parameters and Transaction Screening databases, and being the approval point for client third party payments. Assist in the review of New Product Approval requests and smartsourcing initiatives for Singapore where appropriate. Assist in the fulfillment of local regulatory information requests from MAS and CAD, or within regulatory inspections. Assist in the Suspicious Transaction Reporting process to investigate AML Transaction Monitoring and other alerts including hits against the payment filter, and ensure suspicious transactions in Singapore are reported to the authorities and appropriately logged. Providing or assisting the provision of training on local regulatory requirements and internal policies, along with producing training materials. Your skills and experience: Degree qualified with relevant AML or related certifications (desirable) (CAMS, CFE, IntDipAML) 6+ year’s relevant experience in a regulator or financial institution. Experience in Private banking/Wealth Management with knowledge of wealth management product. Excellent technical AML knowledge skills and experience including AML advisory and demonstrated hands-on experience Understanding one or more of the business areas of investment banking, corporate banking, trade finance, asset management and/or wealth management, and risk profile of each category. Strong analytical skills Strong interpersonal and influencing skills Customer service orientation Attention to detail. Performance orientation Teamwork and communication Ability to work independently and prioritize tasks under pressure. Excellent proficiency in written and verbal English required. How we’ll 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 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 – 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. Click to find out more about our diversity and inclusion policy and initiatives.
Expected salary: $96000 – 132000 per year
Job date: Thu, 29 Jul 2021 22:16:35 GMT
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