FAQs
What is the primary focus of the Analyst/Associate position in the ICM – Account Activity Review team?
The primary focus of the position is to conduct Account Activity Reviews and analyses to identify and document transactional outliers, ensuring compliance with KYC due diligence and non-financial crime risk management protocols.
What qualifications are required for this role?
A relevant university degree and/or equivalent professional experience are required, along with prior knowledge or experience with regulatory and/or KYC-related topics, especially within large international financial institutions.
What kind of experience is preferred for applicants?
Prior experience in Compliance, Anti Money Laundering, Transaction Monitoring, Know Your Client, Audit, Risk, or other related roles is preferred, ideally with a focus on Correspondent Banking.
What responsibilities does the role entail?
Responsibilities include investigating client transactional behavior, documenting alert dispositions, performing 4-Eyes Reviews, identifying process improvements, supporting global initiatives, and participating in team training.
Is there a need for collaboration in this role?
Yes, the role requires close collaboration with KYC Officers, Accountable Client Owners (ACOs), and other stakeholders to support the decision-making process regarding alert relevance.
Are opportunities for process improvement part of the role?
Yes, identifying and implementing process improvements and documentation is an important aspect of this role.
What kind of environment does Deutsche Bank promote within its workplace?
Deutsche Bank promotes a positive, fair, and inclusive work environment where employees are empowered to excel together and celebrate each other's successes.
Will there be training opportunities for new team members?
Yes, the role involves participating in and potentially leading the ongoing training of team members.
Does the position have any specific tools or technology associated with it?
Yes, the position involves analyzing alerts generated by the firm’s strategic tools to identify matches that require escalation.
How does the position contribute to risk management within the bank?
The position acts as an important part of the first line of defense within the business by ensuring timely identification and escalation of potential financial crime and money laundering-related risks through thorough account activity reviews.