Banking Jobs In Germany | Deutsche Bank Careers
Deutsche Bank announced on its official Linkedin page a vacancy
Client Know Your Customer (KYC) Officer Western Europe
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Job Purpose
- The Client KYC Officer supports the Institutional Cash Management team covering financial institution clients domiciled in Western Europe.
- The position works directly with the Accountable Client Owner (ACO) responsible for the client relationships with our correspondent banking clients to complete client KYC adoptions and reviews.
- Ensuring strict adherence to Deutsche Bank’s KYC / Anti Money Laundering (AML) Compliance requirements.
- Further, the role also fulfils important support functions in the non-financial risk management of client relationships, such as analysis of clients’ transaction flow.
- Today’s regulatory and compliance environment requires a robust and efficient KYC process and strong non-financial risk management, making the role key to the first line of defence role of the business.
Job Responsibilities
- KYC Risk Management for high-risk and complex clients as part of on-going periodic review process.
- Collecting information & documentation according to periodic review timelines and follow up to ensure complete and timely delivery.
- Complete relevant KYC forms / systems and updating of client KYC profiles driven by material events.
- Regular KYC-related client discussions and AML interviews.
- Conduct and assess Account Activity Reviews for continuous monitoring of clients’ transaction flows.
- Liaise with Client Service team for review of the quality of clients’ AML field inquiry responses.
- Coordinate with local Compliance and other GTB / CIB / Infrastructure areas on client KYC issues as required.
- Organize and conduct training sessions, road shows, workshops / seminars for clients on non-financial risk KYC / AML topics.
Knowledge, Skills and Experience
- 3+ years of experience in Correspondent Banking / Compliance / KYC in a large financial institution.
- Solid understanding of KYC laws / regulations, compliance risk as well as non-financial risk, and documentation aspects of KYC process for correspondent banking relationships.
- Strong writing skills and fluency in written and spoken English and Italian required.
- Excellent communication skills and the ability to build and maintain relationships with colleagues and clients at all levels of seniority.
- Accuracy, diligence, and the ability to deliver high quality results within tight deadlines combined with strong analytical skills and ability to work under pressure.