Job Description
Job Description: Institutional Cash Management / Trade Finance for Financial Institutions The position supports our correspondent banking/trade finance clients to complete client KYC adoptions and reviews, ensuring strict adherence to Deutsche Bank’s KYC / Anti Money Laundering (AML) Compliance requirements. The role involves verification of the Client data, performing due diligence checks on Clients, reviewing KYC documentation performing the risk assessment of the Client, liaising with the Business/Compliance and advising on KYC requirements. KYC analyst role is an operations function where you will be involved in reviewing various regulatory documents related to clients to ensure that all the regulatory requirements are met, and the bank is in compliance.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. Responsibilities KYC Risk Management for high-risk and complex clients including active client research and screening prospective clients before on-boarding as well as part of on-going periodic review processDirect client outreach, 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 eventsRegular KYC-related client discussions and AML interviewsLiaise 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
Responsibilities + Skills
Education
3+ years of experience in Correspondent Banking / Trade Finance / Compliance / KYC in a large financial institutionSolid understanding of KYC laws / regulations, compliance risk as well as non-financial risk, and documentation aspects of KYC process for correspondent banking relationshipsStrong writing skills and fluency in written and spoken English and Italian are required. Command of one or more of the following languages is an advantage: Spanish, French, German.Excellent communication skills and the ability to build and maintain relationships with colleagues and clients at all levels of seniority
Experience
