BestTop Exclusive:Anti-Money Laundering Monitoring Officer - CIB - Associate, Deutsche Bank , Singapore( posted on 13 Dec 2017)

Deutsche Bank 
Investment bank
Position Type
Post Date
13  Dec  2017
Closing Date

Employer Description
Deutsche Bank is a German global banking and financial services company, with its headquarters in the Deutsche Bank Twin Towers in Frankfurt. It has more than 100,000 employees in over 70 countries, and has a large presence in Europe, the Americas, Asia-Pacific and the emerging markets. As of June 2017 Deutsche Bank is the 16th largest bank in the world by total assets. In 2009, Deutsche Bank was the largest foreign exchange dealer in the world with a market share of 21 percent. The company was a component of the STOXX Europe 50 stock market index until being replaced on that index in August 2016.

The AML Monitoring Officer will be located in Singapore and report to Financial Crime Investigations Manager, or delegated manager for CIB.  Depending on the experience of the candidate, some or all of the following responsibilities will be assigned:
  • Perform AML monitoring of assigned businesses or jurisdictions.
  • Perform or support autonomous reviews and investigations.
  • Conduct QA testing and oversight on monitoring processes in the Asia Pacific.
  • Coordinate and/or prepare the required management information reporting data for local, regional or global submission as applicable.
  • Coordinate and work with AFC staff in other locations to ensure consistency in standards and policy implementation.
  • Involvement in FCI-related technical and project work and user-acceptance tests.
  • Provide input on key initiatives and other ad hoc projects as needed.
  • Resolving AML/CTF Investigations before these issues have a negative impact on the bank’s financial position, reputation or become a regulatory issue.
  • Review and analyze daily AML/CTF Cases to ensure that investigations are accomplished to address transactions that contravene the banks or regulatory policy. Ensure these occurrences are documented in the case for regulatory/audit level reviews
  •  Investigate cases and associated transactions and  identify potential areas of risk (financial, reputational, and regulatory) within the transactions and associated client relationship review
  • Investigate cases utilizing knowledge of money laundering, financing of terrorism and related issues, seeking guidance and assistance when required from the Team Manager and other colleagues
  • Internet and external database searches to ensure no adverse information (RAI) is noted on the client/parties
  • Handle complex and confidential cases with little or no guidance
  • Accountable to ensure the audit trail is complete for all Cases
  • Ensure all alerts and cases are completed within the mandated timeframe
  • Identify current transaction typologies and keep abreast of emerging ones and apply said typologies to the working of the cases
  • Provide support and assistance to the AML/CTF Manager with respect to the requirement that the internal systems parameters are reviewed at least annually
  • Escalate data quality and system issues to the AML/CTF Manager.
    Skills and qualification:
    • Sound technical AML, KYC, investigations knowledge and skills, with demonstrated hands-on experience
    • A background in a Financial Investigation Unit or Financial Crime Investigations with broad knowledge of AML or other investigations
    • Familiarity with diverse banking products across business lines and experience in working on AML monitoring and case management systems.
    • Demonstrated problem-solving and analytical skills
    • Attention to detail and efficient
    • Be the subject expert in AML/CTF typologies/trends
    • Ability to Review Evidential Case Files using knowledge of Legislation
    • Strong analytical skills with an investigative mindset
    • Strong attention to detail
    • Internet expertise on identifying negative news and ability to search and find information
    • The ability to work under pressure and within tight deadlines with no loss of accuracy
    • An understanding of the legal and compliance issues of complex banking organisations
    • Strong verbal and written communication skills
    • The ability to work well within a team
    • A professional business attitude in the workplace
    Education qualification:
    • Relevant AML or related certifications (CAMS, ICA Diploma etc.)
    • Relevant tertiary qualifications
    • Criminology degree an asset
    • Previous law enforcement a benefit
    • Previous FCI experience in investigations
    Personal Attributes /Background/ Work Experience Required:
    • Strong communicator with excellent interpersonal skills
    • Team player
    • Proactive and able to take initiative
    • 3 - 5  years’ relevant experience
    • Must be able to handle stressful situations while maintaining a professional approach to problem solving.
    Language Required:
    • Excellent proficiency in written and spoken English required
    • Additional proficiency in an Asian language would be a plus
    Application link

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