Client KYC Officer Western Europe (f/m/x) Trade Finance Financial Institutions
Location: Frankfurt am Main, Germany
Type: Full Time
Internal Number: 20431152
Institutional Cash Management
Our global suite of cash management services offers a wide range of solutions to meet clients' specific requirements thereby providing them with the time and means to concentrate on their core business. Furthermore, our market leading products and services enable our clients to reduce transaction costs, consolidate operations and expand revenue opportunities. Our award-winning client service centres are in all the relevant financial centres worldwide, providing clients with access to an unrivalled global network.
The Client KYC Officer supports the Institutional Cash Management team covering financial institution clients domiciled in Western Europe. The position works directly with the Accountable Client Owner (ACO) responsible for the client relationships with our correspondent banking clients to complete client KYC adoptions and reviews, ensuring strict adherence to Deutsche Bank's KYC / Anti Money Laundering (AML) Compliance requirements. Further, the role also fulfils important support functions in the non-financial risk management of client relationships, such as analysis of clients' transaction flow. 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.
KYC Risk Management for high-risk and complex clients as part of on-going periodic review process
Direct 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 events
Regular KYC-related client discussions and AML interviews
Conduct and assess Account Activity Reviews for continuous monitoring of clients' transaction flows
Liaise 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
Organize and conduct training sessions, road shows, workshops / seminars for clients on non-financial risk KYC / AML topics
Professional and Personal Requirements
First experience in Correspondent Banking / Institutional Cash Management / Compliance / KYC in a large financial institution preferred
Good understanding of KYC laws / regulations, compliance risk as well as non-financial risk, and documentation aspects of KYC process for correspondent banking relationships
Strong writing skills and fluency in written and spoken English and French required.
Excellent communication skills and the ability to build and maintain relationships with colleagues and clients at all levels of seniority
Accuracy, diligence, and the ability to deliver high quality results within tight deadlines combined with strong analytical skills and ability to work under pressure
Please note that this may vary slightly from location to location.
In case of any recruitment related questions, please get in touch with Philipp Maa??.
Contact: Philipp Maa?? (+49(151)1807-0552)
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