C&AFC – Anti-Financial Crime Compliance Manager - AVP at Deutsche Bank

Job description

Job Description: Details of the Division and Team: The AFC manager is responsible for the AML, CTF, Sanctions & Embargoes, Anti-Fraud & Investigations (AFI) and ABC in the jurisdiction. The AFC manager ensures that all relevant AFC policies, procedures, systems and controls are implemented effectively, all AFC-relevant legal, regulatory and DB Group requirements are met and any AFC-related risks are appropriately addressed and mitigated. The AFC manager is responsible for the identification, assessment, advice on, monitoring, control and reporting on the AFC laws, rules and standards relevant to the DB activities in their respective jurisdiction. The AFC manager is the direct point of contact for DB staff in AFC matters, in particular in terms of whistle-blowing, employee reliability or concerns raised in a confidential environment when improper or illegal AFC related activities are suspected. What we will offer you: A healthy, engaged and well-supported workforce is better equipped to do their best work and, more importantly, enjoy their lives inside and outside the workplace. That’s why we are committed to providing an environment with your development and wellbeing at its center. You can expect: Corporate Group Insurance – premium borne by company Medical Checkup – cost borne by company (annual/ biannual basis subject to the employee’s preference) Remote working arrangement called “Future of Work” EAP – free and confidential counseling, online work-life resources Your key responsibilities: The AFC manager has decision-making authority over the Business on AFC related matters. The AFC manager has unrestricted access to all information, data, records and systems in the Bank he/she deems necessary to fulfil its function. Advising on and ensuring implementation of AFC policies and procedures whereas involvement in ABC and AFI policies depends on the availability of headcount in the location and if none, this will be assisted by the respective regional team. Advising on the impact of new AFC related internal and external rules and ensuring that local guidelines and procedures are in line and reflect German and local laws / regulations. Escalate exceptions to the Regional Head of AFC. Assessing the conformity of internal policies and procedures, systems and controls with relevant regulatory obligations and DB Group standards. Being primary point of contact for AFC matters with competent regulatory, law enforcement or other public authorities in their jurisdiction in conjunction with the respective regional heads. Reporting and liaising with Regional Head of AFC and other AFC Senior Management to ensure appropriate reporting and escalation of issues and/or incidents. Contributing to DB AFC Function as a whole by sharing knowledge and best practices with AFC Officers of the other Businesses and entities and other AFC managers including measures to deal with new trends and techniques of money laundering and terrorist financing in response to the development of electronic financial technology and new products. Contribute to the development of AFC methodologies by cooperating with other disciplines like Compliance, Legal, Audit and Operational Risk Management. Ensuring timely delivery of the local AFC Risk Assessment in the country leveraging off regional assessments performed for ABC and AFI topics. Providing AFC advice in the change management process including but not limited to the New Product Approval (NPA) and Vendor Risk Management (VRM) Process. Helping maintain an AFC compliance staff awareness culture by providing appropriate training to staff and arranging training by other regional leads for Sanctions & Embargoes, ABC and AFI. Oversight of local Training and ensure that AFC Training requirements are met in conjunction with the aforementioned leads. Developing and maintaining the AFC related Internal Control Framework under advice from Regional AFC Risks & Controls to ensure adequate monitoring and control measures are impl