Anti-Financial Crime \u2013 Anti-Money Laundering Officer \u2013 Vice President

  • Competitive
  • Singapore Singapore Singapore SG
  • Permanent, Full time
  • Deutsche Bank APAC
  • 17 Jul 18 2018-07-17

Anti-Financial Crime \u2013 Anti-Money Laundering Officer \u2013 Vice President



Regulation, Compliance & Anti-Financial Crime
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. Position Overview

Overview
Business Overview
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 Deutsche Bank 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.
Position Overview
Anti-Money Laundering Responsibilities:
The AML Officer's responsibilities include working within the existing AML team to:

  • Assist in the continued implementation of the applicable Group and divisional Policies on AML and KYC, through working closely with Client On-boarding colleagues and carrying out quarterly AML controls over relationships in Wealth Management Division.
  • Decide on new or existing Singapore relationships that are escalated by the local on-boarding staff or deciding to escalate further.
  • 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 smart sourcing initiatives for Singapore where appropriate.
  • Assist in the fulfilment 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.
    Key Skills and Qualifications
    • Excellent technical AML knowledge skills and experience, 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.
    • Degree qualified
    • Relevant AML or related certifications (desirable)
    • (CAMS, CFE, IntDipAML)


      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.