Job title: Business Line Anti-Financial Crime (BLAFC) – Associate
Company: Deutsche Bank
Job description: Job Description:
Job Title: Business Line Anti-Financial Crime (BLAFC)
Corporate Title: Associate
Location: Jacksonville, FL
As a Business Line Anti-Financial Crime (BLAFC) officer, you will serve as the first point of contact for all Anti-Financial Crime (AFC) related matters and support Know Your Client (KYC) components of the AFC program. You will assume a key role within the team responsible for performing risk reviews of the Deutsche Bank KYC population (Corporate Bank/Investment Bank/Wealth Management) in accordance with AFC global/regional objectives and you will deliver against agreed quality and productivity expectations.
What We Offer You:
We offer competitive health and wellness benefits, empowering you to value life in and out of the office
Active engagement with the local community through Deutsche Bank’s specialized employee groups
An environment that encourages networking and collaboration across functions and businesses
Return to Office:
It is the Bank’s expectation that employees hired into this role will work in the Jacksonville office in accordance with the Bank’s hybrid working model
Deutsche Bank provides reasonable accommodations to candidates and employees with a substantiated need based on disability and/or religion
Hear from our people and look inside our office:
Your Key Responsibilities:
Perform reviews and provide decisions through the enhanced due diligence (EDD) processes for US region high-risk & elevated-risk Deutsche Bank client relationships, at various client lifecycle stages (new client adoption/periodic review/event driven review), in an effective and efficient timeframe
Conduct client risk assessments on escalated client files; risk assessments include reviewing and challenging country, industry, entity, channel, and product risks, including special risk factors such as politically exposed persons (PEPs), adverse media/negative news, complex ownership structures, links to special risk factors, & any other reputational concerns
Review and assess appropriateness of temporary & permanent waiver requests relating to alternative verification measures
Perform completeness and accuracy validations of client screenings and address potential matches, document the assessment/disposition of screening results according to procedures and guidance
Research/analyze and provide recommended remediation efforts for clients that present AFC risk
Advise business & KYC colleagues on enquiries and issues arising from client onboarding process
Your Skills and Experience:
Relevant experience; basic understanding of investment banking, corporate banking, and private client businesses
Bachelor’s Degree or equivalent work experience/qualifications, CAMS certification (preferred, but not required)
Work experience in the financial services industry within AML/CFT/BSA compliance, risk management, business controls, KYC, legal, & regulatory functions
Superior risk management skills and knowledge of relevant local/global AML laws/regulatory requirements
Knowledge of USA PATRIOT Act, 5th EU Money Laundering Directive, FATF standards, Wolfsberg Group & other regulatory measures (preferred)
Our values define the working environment we strive to create – diverse, supportive and welcoming of different views. We embrace a culture reflecting a variety of perspectives, insights and backgrounds to drive innovation. We build talented and diverse teams to drive business results and encourage our people to develop to their full potential. Talk to us about flexible work arrangements and other initiatives we offer.
We promote good working relationships and encourage high standards of conduct and work performance. We welcome applications from talented people from all cultures, countries, races, genders, sexual orientations, disabilities, beliefs and generations and are committed to providing a working environment free from harassment, discrimination and retaliation.
Click to find out more about our diversity and inclusion policy and initiatives.
We are an Equal Opportunity Employer – Veterans/Disabled and other protected categories. Click these links to view the following notices: and ; ; and .
Location: Jacksonville, FL
Job date: Sun, 12 Dec 2021 00:17:52 GMT
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