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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.
- Job Title Accountable Client Owner (ACO) Support, Corporate Coverage
Corporate Title Associate
Location New York, NY
Overview
As Accountable Client Owner (ACO) Support in Corporate Coverage you will work with the Coverage Bankers of our multinational corporate clients to support them in their role as ACOs. You will be responsible for the coordination and completion of Know Your Client (KYC) tasks and processes for clients covered by your Coverage team(s). This includes working effectively with key stakeholders globally to ensure on-time completion of KYC profiles and ensure adherence to applicable internal policies and external legal/regulatory frameworks. You will develop a strong understanding of our clients' business and legal hierarchies and use this knowledge to efficiently steer onboarding of new clients and the completion of periodic / event driven client reviews. Further tasks might include preparation of presentations and client meetings enabling the Coverage Bankers to make efficient use of sales opportunities.
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- Integrated member of Corporate Coverage team supporting ACOs on completion of KYC and Anti-Money Laundering related subjects incl. periodic reviews / event driven reviews and responsibility for the coordination of KYC related tasks assigned to Coverage for a given client portfolio
- Effective Client Perimeter Management by supporting ACOs on feedback actions relating to KYC and portfolio reviews including monitoring of pipeline and cases at risk of being overdue/offboarded. Support on preparation of any Front Office related KYC requirement as part of Local Addenda, where applicable (e.g., classification of clients etc.). Act as local point of contact for KYC systems in use by ACOs and escalate to relevant teams' issues (e.g., Salesforce KYC, dbSleuth, dbCLM etc.). Interact with various locations globally (including outsourced functions where applicable) in case of incoming KYC-related requests based on sound understanding of Deutsche Bank's global policies and operating principles as well as clients' respective situation
- Acting as a dedicated Corporate Coverage team representative for coordination regionally and globally with the central KYC Business Execution Teams on KYC-related portfolio monitoring activities (incl. ensuring correct ACO allocations, support with Red-to-Green processes, review of Offboarding lists, following up on actions pending with Business etc)
- Preparation of KYC cases for review in full adherence with Deutsche Bank's Know Your Client Global Policy, Global KYC Key Operating Standards and any applicable local addenda
- Working effectively with key stakeholders to facilitate completion of KYC-related tasks 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. Work with key stakeholders in CLM and Coverage to follow up and chase complex cases closure in call with Anti-Financial Crime (AFC) where applicable. Interface with AFC/Sanctions on specific issues of open cases to seek direction to close them soon. Support ACOs on monitoring portfolio of New Client Adoptions and coordinating with relevant functions KYC process to ensure prompt onboarding
- Support ACOs on the Account Activity Reviews / Expected Nature & Purpose of the Relationship process including coordinating supporting material to perform these tasks
Skills You'll Need- Recognized university degree and / or moderate KYC experience within the corporate financial services industry
- Experience in client due diligence on various entity types including Multinational Corporate Clients, Funds and Special Purpose Vehicles a plus
- Understanding of KYC, Sanctions and screening procedures, including the KYC documentation requirements and sources of information to retrieve KYC information
- Willing to work under time driven deadlines to complete KYC review cases successfully negotiating the rationale where they are right as per policy, with review teams
- A team player to work with Middle Office outreach analysts, review analysts, Compliance, AFC, business line managers and stake holders in various countries
Skills That Will Help You Excel- Good oral & written communication skills (English is a must) to interact with senior management team & clients on regular basis. However, knowledge of other languages applicable to the country/region of work would be an advantage
Expectations
It is the Bank's expectation that employees hired into this role will work in the Jacksonville or New York City 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 $110,000 . 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. Click here to find out more about our diversity and inclusion efforts.
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 HR.Direct@DB.com.
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 provide access to physical, emotional, and financial wellness benefits that allow our colleagues to stay financially secure and strike balance between work and home. Click here to learn more!
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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.
