Know Your Client (kyc) Nca - Avp Job in Deutsche Bank

Know Your Client (KYC) NCA - AVP

Position Overview

Job Title Operations Lead

Location Mumbai

KYC Document Verification & Periodic review of Clients on DB Applications as per the Regulations.

In accordance with Anti-Money Laundering Requirements, Banks, such as Deutsche Bank AG ("DB"), are obliged to perform Know-your-client (KYC) reviews on all existing clients on a regular periodicity. Client Onboarding team is responsible for these checks and reviews are made in strict accordance with regulatory requirement and the banks internal policies and local regulations.

What well offer you

As part of our flexible scheme, here are just some of the benefits that youll enjoy

• Best in class leave policy
• Gender neutral parental leaves
• 100% reimbursement under child care assistance benefit (gender neutral)
• Flexible working arrangements
• Sponsorship for Industry relevant certifications and education
• Employee Assistance Program for you and your family members
• Comprehensive Hospitalization Insurance for you and your dependents
• Accident and Term life Insurance
• Complementary Health screening for 35 yrs. and above

Your key responsibilities

• Supervise and perform due diligence of new and existing clients covering a wide range of different client types including; Listed and Regulated, small/medium/ large private and public companies as well as more complex structures such as; SPVs, Co-operatives, Foundations and Funds, Governments, Joint Ventures, etc.).
• Quick understanding capabilities and execution of new learnings or concepts.
• Verification of KYC documentation of the clients to be adopted/reviewed.
• Perform the risk assessment of the Client to be adopted/reviewed
• Manage New Client Adoption or Periodic Review stream, to ensure that all requests are approved in accordance with regulatory requirements and the banks internal policies
• Maintain working knowledge of various internal processes including KOPs, Local Regulations & Guidelines.
• Publishing of MIS on status of the KYC Periodic Review to the Senior Management of the Bank (Both Regional & Local)
• Ensure that there are no Critical Audit Points as a result of Regulatory or Internal Audits.
• Rollout of any new KYC Policy / Regulations and also proper understanding of the same within the team and stakeholders. For the delivery of high standards of client service, at the same time ensuring that all internal (e.g. Risk) and external (e.g. Compliance) standards requirements are met in full, utilizing the combination of resources managed as a single COB team.
• Ensure appropriate escalation policies exist and are followed. Work collectively with management, develop and maintain a motivated and professionally trained staff, ensuring appropriate capacity panning, adherence to and improvement in performance and quality standards and appropriate career development.

• Provide leadership support, guidance and coaching to the team.
• Ensure key stakeholders are kept informed of the progress and challenges and escalating issues where appropriate.

• Optimal management of resources, facilitating cross training, ensuring appropriate coverage to maintain throughput.
• Work in a high-pressure and time-sensitive environment.
• Perform quality checks to ensure that defined guideline is adhered for excellent QA scores.
• Work as the process owner and ensure end to end management of all activities associated with the process.
• Monitor capacity utilization within teams and allocate resources.
• Ensure adherence to standards, procedures and also identify risk mitigants wherever there is a control issue.
• Effectively manage risk and foster an environment where team is fully aware of Operational Risk management.
• Work closely with other internal teams to ensure top of the line service to Clients / Biz.
• Prioritize tasks and ensure adherence to timelines for completion of activities
• Initiate and lead change management initiatives within the team.

Ensure structured upward & downward communication

Your skills and experience

• Relevant work experience (AML/KYC/compliance related) within corporate financial services industry, Research/Analytics role in other Banks / KPOs etc.
• Good knowledge of Control, Compliance, Investigation/chasing functions in banks
• Good Knowledge of AML/KYC regulations and industry guidelines (FATCA/CRS, 3rd EU Money Laundering Directive, MiFID,etc)
• Good in interpreting regulatory guidelines and assessing risk scores and entity types.
• Good in interpreting alerts.
• Good in identifying trends and inconsistencies for building effective control mechanism.
• Good understanding of end to end KYC process.

How well support you

• Training and development to help you excel in your career
• Flexible working to assist you balance your personal priorities
• . Coaching and support from experts in your team
• A culture of continuous learning to aid progression
• A range of flexible benefits that you can tailor to suit your needs

About us and our teams

Please visit our company website for further information:

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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.

Click to find out more about diversity and inclusion at Deutsche Bank.