Deutsche Bank
Risk Mitigation & SAR Working Group - Assistant Vice President
Deutsche Bank, Jacksonville, Florida, United States, 32290
Position Overview
Job Title:
Customer Risk Mitigation & SAR Working GroupCorporate Title:
Assistant Vice PresidentLocation:
JacksonvilleOverview
The professional will support the development and execution of the framework for escalating customers of concern that either drive or are involved in an Anti-financial crime (AFC) risk event (e.g., Suspicious Activity Report) and for determining the appropriate actions that should be taken with those customers. These actions include but are not limited to:Increasing the customer risk ratingPerforming enhanced due diligencePerforming enhanced and/or more frequent transaction monitoringIssuing customer restriction noticesRestricting transactional flowsFurther escalation to Global AFC where the client has a global relationship with the Bank; and exiting the customer relationshipWhat We Offer You
A diverse and inclusive environment that embraces change, innovation, and collaborationA hybrid working model, allowing for in-office / work from home flexibility, generous vacation, personal and volunteer daysEmployee Resource Groups support an inclusive workplace for everyone and promote community engagementCompetitive compensation packages including health and wellbeing benefits, retirement savings plans, parental leave, and family building benefitsEducational resources, matching gift and volunteer programsWhat You’ll Do
Proactively support the definition of the list of AFC risk events that require escalation and review the Proactively participate in and support the Customer Risk Working Group with AFC teams and Business partners to determine 1) if customer relationships require additional analysis considering AFC risk events, 2) if the customer requires escalation to Senior Management, and 3) what is the proposed action(s) that should be taken to manage the risk of the customerPartnering with the Business and Corporate Bank AFC Advisory to perform targeted reviews of correspondent Bank customers when higher levels of AFC risk events occurEscalating the customers and proposed actions to the Americas AFC Risk Identification Forum (“RIF”) for review and decisioningActively support driving the agenda and materials for and leading applicable discussions at the RIF; and tracking decisions and actions made at the RIFEnsuring all actions have an owner and are tracked until implemented or closed, and disseminating customer risk metrics (e.g., triggers and SAR trends) to the RIFParticipating in and ensuring there is alignment between Business-owned forums and the RIF; and Conducting customer reviews when prompted by Global AFC requestsSkills You’ll Need
Bachelor’s Degree or equivalent; JD or MBA a plusModerate experience within the AFC function or in Business line roles supporting the AFC programKnowledge of Bank customers, products, and servicesSkills That Will Help You Excel
Previous experience with regulators a plus; some experience in leading and performing financial crime investigationsExperience in multiple AFC programs (Anti-money laundering (AML), Sanctions, Anti-Bribery & Corruption (ABC), Fraud), an articulate and effective speaker and presenterAbility to act decisively and manage multiple projects simultaneously, robust, credible and organizationally savvy, with an ability to grasp complex issues quicklyAble to work independently to manage projects and deliverables to completionStrategically agile and possess influencing and presentation skills for all levels of internal managementExpectations
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.The salary range for this position in Jacksonville is $78,000 to $111,800. 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 remuneration.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.Deutsche Bank Benefits
At Deutsche Bank, we recognize that our benefit programs have a profound impact on our colleagues. That’s why we are focused on providing benefits and perks that enable our colleagues to live authentically and be their whole selves, at every stage of life.We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively. Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group.
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Job Title:
Customer Risk Mitigation & SAR Working GroupCorporate Title:
Assistant Vice PresidentLocation:
JacksonvilleOverview
The professional will support the development and execution of the framework for escalating customers of concern that either drive or are involved in an Anti-financial crime (AFC) risk event (e.g., Suspicious Activity Report) and for determining the appropriate actions that should be taken with those customers. These actions include but are not limited to:Increasing the customer risk ratingPerforming enhanced due diligencePerforming enhanced and/or more frequent transaction monitoringIssuing customer restriction noticesRestricting transactional flowsFurther escalation to Global AFC where the client has a global relationship with the Bank; and exiting the customer relationshipWhat We Offer You
A diverse and inclusive environment that embraces change, innovation, and collaborationA hybrid working model, allowing for in-office / work from home flexibility, generous vacation, personal and volunteer daysEmployee Resource Groups support an inclusive workplace for everyone and promote community engagementCompetitive compensation packages including health and wellbeing benefits, retirement savings plans, parental leave, and family building benefitsEducational resources, matching gift and volunteer programsWhat You’ll Do
Proactively support the definition of the list of AFC risk events that require escalation and review the Proactively participate in and support the Customer Risk Working Group with AFC teams and Business partners to determine 1) if customer relationships require additional analysis considering AFC risk events, 2) if the customer requires escalation to Senior Management, and 3) what is the proposed action(s) that should be taken to manage the risk of the customerPartnering with the Business and Corporate Bank AFC Advisory to perform targeted reviews of correspondent Bank customers when higher levels of AFC risk events occurEscalating the customers and proposed actions to the Americas AFC Risk Identification Forum (“RIF”) for review and decisioningActively support driving the agenda and materials for and leading applicable discussions at the RIF; and tracking decisions and actions made at the RIFEnsuring all actions have an owner and are tracked until implemented or closed, and disseminating customer risk metrics (e.g., triggers and SAR trends) to the RIFParticipating in and ensuring there is alignment between Business-owned forums and the RIF; and Conducting customer reviews when prompted by Global AFC requestsSkills You’ll Need
Bachelor’s Degree or equivalent; JD or MBA a plusModerate experience within the AFC function or in Business line roles supporting the AFC programKnowledge of Bank customers, products, and servicesSkills That Will Help You Excel
Previous experience with regulators a plus; some experience in leading and performing financial crime investigationsExperience in multiple AFC programs (Anti-money laundering (AML), Sanctions, Anti-Bribery & Corruption (ABC), Fraud), an articulate and effective speaker and presenterAbility to act decisively and manage multiple projects simultaneously, robust, credible and organizationally savvy, with an ability to grasp complex issues quicklyAble to work independently to manage projects and deliverables to completionStrategically agile and possess influencing and presentation skills for all levels of internal managementExpectations
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.The salary range for this position in Jacksonville is $78,000 to $111,800. 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 remuneration.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.Deutsche Bank Benefits
At Deutsche Bank, we recognize that our benefit programs have a profound impact on our colleagues. That’s why we are focused on providing benefits and perks that enable our colleagues to live authentically and be their whole selves, at every stage of life.We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively. Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group.
#J-18808-Ljbffr