DUPLICATE - AFC Know Your Client (KYC) Associate

Position Overview

Job Title AFC Know Your Client (KYC) Associate

Corporate Title Associate

Location Jacksonville, FL

Overview

As a Business Line Anti-Financial Crime (BLAFC) officer you will serve as the first point of contact for all Anti-Financial Crime (AFC) related matters and support Know Your Client (KYC) components of the AFC program.

You will assume a key role within the team responsible for performing risk reviews of the Deutsche Bank KYC population (CB/IB) in accordance with AFC global/regional objectives and you will deliver against agreed quality and productivity expectations.

What We Offer You

• A diverse and inclusive environment that embraces change, innovation, and collaboration

• A hybrid working model, allowing for in-office / work from home flexibility, generous vacation, personal and volunteer days

• Employee Resource Groups support an inclusive workplace for everyone and promote community engagement

• Competitive compensation packages including health and wellbeing benefits, retirement savings plans, parental leave, and family building benefits

• Educational resources, matching gift and volunteer programs

What You’ll Do

• Perform reviews and provide decisions through the enhanced due diligence (EDD) processes for US region high-risk & elevated-risk Deutsche Bank client relationships, at various client lifecycle stages (New Client Adoption/Periodic Review/Event Driven Review), in an effective and efficient timeframe

• Conduct client risk assessments on escalated client files; risk assessments include reviewing and challenging; country, industry, entity, channel, and product risks, including special risk factors such as Politically Exposed Persons (PEPs), adverse media/negative news, complex ownership structures, links to special risk factors, & any other reputational concerns

• Review and assess appropriateness of temporary & permanent waiver requests relating to alternative verification measures

• Perform completeness and accuracy validations of client screenings and address potential matches. Document the assessment/disposition of screening results according to procedures and guidance

• Research/analyze and provide recommended remediation efforts for clients that present AFC risk

• Advise Business & KYC colleagues on enquiries and issues arising from client onboarding process

Skills You’ll Need

• Bachelor’s Degree or equivalent work experience/qualifications. CAMS Certification (preferred, but not required)

• Work experience in the financial services industry within Anti-Money Laundering (AML) / Counter Terrorist Financing (CFT)/ Bank Secrecy Act (BSA) Compliance, Risk Management, Business Controls, KYC, Legal, & Regulatory Functions

• Superior risk management skills and knowledge of relevant local/global AML laws/regulatory requirements

• Knowledge of USA PATRIOT Act, 5th EU Money Laundering Directive, FATF standards, Wolfsberg Group & other regulatory measures (preferred)

• Basic understanding of Investment Banking and Corporate Banking businesses

Skills That Will Help You Excel

• A Team player displaying strong interpersonal skills

• Highly proficient in written and oral communication

• Able to identify matters that require further analysis and investigation

• Flexible and ability to multi-task and change directions based on business demands

Expectations

It is the Bank’s expectation that employees hired into this role will work in the Jacksonville office in accordance with the Bank’s hybrid working model.

Deutsche Bank provides reasonable accommodations to candidates and employees with a substantiated need based on disability and/or religion.

The salary range for this position in Jacksonville is $54,000 to $77,400. Actual salaries may be based on a number of factors including, but not limited to, a candidate’s skill set, experience, education, work location and other qualifications. Posted salary ranges do not include incentive compensation or any other type of remuneration.

Deutsche Bank Benefits

At Deutsche Bank, we recognize that our benefit programs have a profound impact on our colleagues. That’s why we are focused on providing benefits and perks that enable our colleagues to live authenti­cally and be their whole selves, at every stage of life. We provide access to physical, emotional, and financial wellness benefits that allow our colleagues to stay financially secure and strike balance between work and home. Click here to learn more!

Learn more about your life at Deutsche Bank through the eyes of our current employees

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We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively.
Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group.
We welcome applications from all people and promote a positive, fair and inclusive work environment.

Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status or other characteristics protected by law. Click these links to view "Deutsche Bank’s Equal Opportunity Policy Statement" and the following notices: "EEOC Know Your Rights" ; "Employee Rights and Responsibilities under the Family and Medical Leave Act" ; and "Employee Polygraph Protection Act" .