Regulation, Compliance and Anti-Financial Crime (AFC) protects the integrity and reputation of Deutsche Bank. It manages the Bank's risks and help to avert unintentional rule breaches and conflicts of interest. At the same time, we also advise the bank on ethical conduct and governance issues and keep the bank up to date on regulatory and political challenges.
The Asia-Pacific Anti-Financial Crime Department supports Deutsche Bank businesses in the region manage AFC risk, is responsible for ensuring that related processes are in place and that all policies, procedures and guidelines conform to internal Deutsche Bank policies as well as all applicable laws and regulations.
The AML Monitoring Officer's primary responsibility will be alert and case handling and conducting investigations, while assisting with other FCI-related duties inclusive processes such as User Acceptance and Quality Assurance testing. The AML Monitoring Officer is expected to be equipped with product knowledge and bring expertise in investigative processes and effective alert and case- handling procedures
The Financial Crime Investigations (FCI) Officer will be located in Singapore and report to FCI Manager, or delegated manager for Wealth Management. Depending on the experience of the candidate, some or all of the following responsibilities will be assigned :
Perform AML monitoring of assigned businesses or jurisdictions
Perform or support autonomous reviews and investigations
Coordinate and/or prepare the required management information reporting data for local, regional or global submission as applicable
Participate in FCI-related technical and project work and user-acceptance tests
Provide input on key initiatives and other ad hoc projects as needed.
Review and investigate system-generated alerts and ad-hoc cases within the mandated timeframe
Review and analyze daily AML/CTF cases to address transactions that contravene the banks/regulatory policies
Ensure that review and investigation conclusions are adequately and properly documented for regulatory/audit level review
Conduct internet and external database searches to ensure no adverse information (RAI) is noted on the client/parties
Ensure the risk coverage for the bank from an AML/CTF perspective
Ensure that potential areas of risk (financial, reputational and regulatory) are investigated, identified and escalated to the relevant teams within FCI and/or Country AFC Officer
Ensure that cases are investigated and closed/escalated within the mandated time frame
Key skills & qualifications:
Sound technical AML, KYC, investigations knowledge and skills, with demonstrated hands-on experience
A background in a Financial Investigation Unit or Financial Crime Investigations with broad knowledge of AML or other investigations
Familiarity with diverse banking products across business lines specifically Wealth Management and experience in working on AML monitoring and case management systems