Deutsche Bank Hiring for Know Your Client Onboarding Operator – Associate at New York, NY Full Time

Job Title Know Your Client Onboarding Operator

Corporate Title Associate

Location New York, NY

Overview

In accordance with Anti-Money Laundering (AML) requirements, banks, such as Deutsche Bank Public Limited Company (AG), are obliged to perform Know-Your-Client (KYC) reviews on all new clients they adopt and periodic reviews of these clients as per their risk category. These checks and reviews are made in strict accordance with regulatory requirements and the Bank’s internal policies. Your responsibilities include verification of client data, performing due diligence checks, reviewing KYC documentation, and risk assessment, liaising with the Business and Compliance/Anti-Money Laundering (AML) teams and advising on KYC requirements.

What We Offer You

• A diverse and inclusive environment that embraces change, innovation, and collaboration

• A hybrid working model, allowing for in-office / work from home flexibility, generous vacation, personal and volunteer days

• Employee Resource Groups support an inclusive workplace for everyone and promote community engagement

• Competitive compensation packages including health and wellbeing benefits, retirement savings plans, parental leave, and family building benefits

• Educational resources, matching gift and volunteer programs

What You’ll Do

• Classify clients from a risk and regulatory perspective

• Undertake KYC due diligence reviews in a timely manner, as per Deutsche Bank policies

• Analyze AML risks associated with the client – potential risks and operational issues should be identified and escalated as appropriate

• Work effectively with key stakeholders using strong influencing skills to ensure the mutually satisfactory resolution of key issues and that the respective responsibilities are understood, agreed, and escalated where required

• Identify red flag situations and escalate in line with Deutsche Bank policies and procedures

• Appropriate and confidential handling/sharing of sensitive client data

Skills You’ll Need

• Understanding of Control, Compliance/AML, and Investigation functions in the banking industry

• Understanding of the possible implications of financial sanctions on banks and financial institutions (Office of Foreign Assets Control (OFAC), HM Treasury, EU, and UN sanctions)

• Understanding of the end-to-end KYC and client on-boarding processes

• Ability to understand the risks of dealing with politically exposed persons (PEPs) and regulatory expectations around dealing with PEPs

• Understanding of sourcing information from various data sources (i.e., Bloomberg, Factiva, Lexis Nexis etc.) and in several cases utilizing financial s and audited statements for such purposes

Skills That Will Help You Excel

• Excellent communication skills, both written and spoken

• Self-motivated

• Self-starter

Expectations

It is the Bank’s expectation that employees hired into this role will work in the New York 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.

The salary range for this position in New York City is $70,000 to $100,000. Actual salaries may be based on a number of factors including, but not limited to, a candidate’s skill set, experience, education, work location and other qualifications. Posted salary ranges do not include incentive compensation or any other type of renumeration.

Deutsche Bank Values & Diversity

We believe talent is found in all cultures, countries, races, ethnicities, genders, sexual orientations, disabilities, beliefs, generations, backgrounds and experiences. We pursue a working environment where everyone can be authentic and feel a sense of belonging.

We are an Equal Opportunity Employer – Veterans/Disabled and other protected categories.

Click these links to view the following notices: EEO is the Law poster and supplement ; Employee Rights and Responsibilities under the Family and Medical Leave Act ; Employee Polygraph Protection Act and Pay Transparency Nondiscrimination Provision

Learn more about your life at DB through the eyes of our current employees:

https://careers.db.com/life

The California Consumer Privacy Act outlines how companies can use personal information. If you are interested in receiving a copy of Deutsche Bank’s California Privacy Notice please email [email protected] .

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.

Visit Inside Deutsche Bank to discover more about the culture of Deutsche Bank including Diversity, Equity & Inclusion, Leadership, Learning, Future of Work and more besides.

We are an Equal Opportunity Employer – Veterans/Disabled and other protected categories. Click these links to view the following notices: “EEO is the Law poster” and supplement ; Employee Rights and Responsibilities under the Family and Medical Leave Act ; Employee Polygraph Protection Act and Pay Transparency Nondiscrimination Provision .