Anti-Financial Crime - Anti-Money Laundering Officer - Associate

  • Competitive
  • Singapore
  • Permanent, Full time
  • Deutsche Bank APAC
  • 26 Sep 16

Anti-Financial Crime - Anti-Money Laundering Officer - Associate



Anti-Financial Crime (AFC)

Our AFC team is responsible for protecting Deutsche Bank from financial and reputational losses incurred by financial crimes by assessing, controlling and mitigating risks. Risk types related to Anti-Financial Crime are consolidated in a comprehensive and effective risk management framework that covers Anti-Money-Laundering, Sanctions & Embargoes, Anti-Bribery & Corruption as well as Anti-Fraud & Investigations.

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 DB policies as well as all applicable laws and regulations.

Position Overview

Business Description

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 DB policies as well as all applicable laws and regulations.

The AML Monitoring Officer's primary responsibility will be alert handling and conducting investigations, while assisting with other duties such as User Accesptance and Quality Assurance testing. Cutting across all business units, the AML Monitoring Officer is expected to be equipped with product knowledge and bring expertise in investigative processes and effective alert handling procedures.


Position Description

The AML Monitoring Officer will be located in Singapore and report to the Regional Head of AML Monitoring, Asia Pacific. 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.
  • Conduct QA testing and oversight on monitoring processes in the Asia Pacific.
  • Coordinate and/or prepare the required management information reporting data for local, regional or global submission as applicable.
  • Coordinate and work with AML staff in other locations to ensure consistency in standards and policy implementation.
  • Involvement in AML monitoring-related technical and project work and user-acceptance tests.
  • Provide AML input on key initiatives and other ad hoc projects as needed.

Job Requirements

Essential Skills:
  • Sound technical AML, KYC knowledge and skills, with demonstrated hands-on experience
  • A background in a Financial Investigation Unit with broad knowledge of AML investigations
  • Familiarity with diverse banking products across business lines and experience in working on AML monitoring systems.
  • Demonstrated problem-solving and analytical skills
  • Attention to detail and efficient

Education / Qualifications Required:
• Relevant AML or related certifications (CAMS, Diploma in AML etc)
• Relevant tertiary qualifications

Personal Attributes /Background/ Work Experience Required:
• Strong communicator with excellent interpersonal skills
• Team player
• Proactive and able to take initiative
• 2 - 5 years' relevant experience
• Must be able to handle stressful situations while maintaining a professional approach to problem solving.

Language Required:
• Excellent proficiency in written and spoken English required
• Additional proficiency in an Asian language would be a plus.

Deutsche Bank offers a challenging and rewarding career where your contribution is valued and rewarded. We have an inclusive and friendly working environment coupled with excellent facilities and benefits.

Deutsche Bank is an equal opportunity employer who seeks to recruit and appoint the best available person for a job regardless of marital status, sex (including pregnancy), age, religion, belief, race, nationality and ethnic or national origin, colour, sexual orientation or disability.