Job Description
Job Description: Job Title Investment Bank & Americas Sanctions Advisory Specialist
Corporate Title Vice President
Location New York, NY
Overview Regulation, Compliance and Anti-Financial Crime (AFC) protect the integrity and reputation of Deutsche Bank. They manage the Bank's risks and help to avoid unintentional rule breaches and conflicts of interest; At the same time, they also advise on ethical conduct, governance issues and keep our organisation up-to-date on regulatory and political challenges.
AFC is responsible for Deutsche Bank's overall Anti-Money Laundering Program, including oversight of the New Client Adoption, Know Your Customer (KYC), transactions and products processes giving rise to potential financial crime. The Anti-Money Laundering Compliance Officer position will advise on transactions and products, consider potential reputational risk, and oversee the KYC process for High-Risk clients, with a specific focus on Regular (aka Periodic) KYC Reviews, Event Driven Reviews, and remediation of KYC files for all businesses within Investment Bank or Corporate Bank (together "the Business "). You will need to be able to get up to speed with content quickly and learn how to navigate the organization across the global and regional AFC, Operations, Legal, Client Lifecycle Management and Business teams.
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 - Support the Global Head of Sanctions Advisory in protecting Deutsche Bank from legal, regulatory, and reputational risk with regard to business involving sanctioned entities and/or countries
- Provide expert sanctions guidance on complex matters to the Business against applicable export control and sanctions regulations, as well as the Bank's policies and procedures
- Continuously monitor relevant sanctions changes and propose actions based on materiality assessment of such changes
- Function as point of escalation for business financial crime teams seeking guidance on complex scenarios. Provide expert guidance on Investment Bank sanctions deals, trade executions, clients with sanctions exposure, or other business-aligned activity
- Support as key subject matter expert to teams handling sanctions-relevant reporting obligations
- Support teams with subject matter advice who investigate and respond to inquiries from regulatory authorities as well as internal or external auditors and business lines regarding sanctions observance, including matters that may need disclosure to Office of Foreign Assets Control (OFAC)
How You'll Lead - Interacting with Global Sanctions & Screening colleagues
- Interacting with regional Sanctions Advisory Leads in the United Kingdom & Ireland, Germany/EMEA and APAC regions
- Interaction with key business leaders and other control functions across financial crime on relevant sanctions topics
Skills You'll Need - Bachelor's Degree or equivalent required; JD or Master's degree strongly preferred
- Advanced experience with large financial institution in compliance, legal or financial crime function. Expertise in sanctions regulations is required, with a focus on OFAC, as well as knowledge of EU and UK sanctions regimes
- Excellent written communication & presentation skills
- Ability to work across geographic & cultural boundaries to achieve organizational goals & objectives
- Ability to make decisions independently and escalate urgent matters to senior leaders with the appropriate key facts
Skills That Will Help You Excel - Ability to prioritize requirements to achieve regulatory or audit requirements
- Strong, independent self-starter & problem solver
- Collaborative team player
- Detail oriented and organized, as well as proactive in follow up on pending deliverables
Expectations It is the Bank's expectation that employees hired into this role will work in the New York 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 is $125,000 to $203,000. 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 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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#LI-HYBRID 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.
We welcome applications from all people and promote a positive, fair and inclusive work environment.
We are an Equal Opportunity Employer - Veterans/Disabled and other protected categories. Click these links to view the following notices: EEOC Know Your Rights; Employee Rights and Responsibilities under the Family and Medical Leave Act; Employee Polygraph Protection Act and Pay Transparency Nondiscrimination Provision. Deutsche Bank
Job Tags
Immediate start, Work from home,