CB IB Operations & Controls - KYC Operations Analyst - NCT

Details of the Division and Team:

In accordance with Anti-Financial Crime Requirements, Banks, such as Deutsche Bank AG ("DB"), are obliged to perform Know-your-client (“KYC”) reviews on all new clients they adopt. KYC Ops team is responsible for these checks and reviews are made in strict accordance with regulatory requirement and the bank’s internal policies.

KYC Document verification & Onboarding of Clients on DB Applications. KYC Review of all the Clients as per the Local Regulations and Internal Policies. Static set up for Clients.

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:

• Responsible for verification of Client data

• 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, Foundations and Funds, Governments, Joint Ventures, etc.) Verifying KYC documentation of the Clients to be adopted/reviewed

• Verifying KYC documentation of Clients to be adopted/reviewed

• Perform the risk assessment of Client to be adopted/reviewed

• Handle all customer related static set up process regarding request, modifications and closure of accounts and trading codes.

• Manage New Client Adoption or Periodic Review stream, to ensure that all requests are approved in accordance with regulatory requirements and the bank’s internal policies

• Maintain working knowledge of various internal processes including Key Operating Standards, Local Regulations & Guidelines.

• Handling Client Queries both Internal as well as External Clients

Your skills and experience:

• Minimum Bachelor’s degree

• 1+ years of relevant work experience (AML/KYC/compliance related) within corporate financial services industry, Research/Analytics role in other Banks etc are preferable.

• Good knowledge of Control, Compliance, Investigation/chasing functions in banks

• Good Knowledge of AML/KYC regulations and industry guidelines

• Good in interpreting regulatory guidelines and assessing risk scores and entity types

• Good understanding of end-to-end KYC process

• Good reading comprehension and critical reasoning skills

• Good analytical writing skills

• Good communication skills to communicate at all levels, onshore and & stakeholder management in Korean and English

• Ability to work independently and take ownership

• Hands on experience in using internet

• MS Office expertise

• Ability in formulating search criteria and expertise in web search techniques

• Expertise on internal systems and resources

• Attention to details and quality

• Ability to troubleshoot issues

• Ability to translate policies into routine processes

How we’ll support you: 

• 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

• Training and development to help you excel in your career

About us and our teams:

Deutsche Bank is the leading German bank with strong European roots and a global network. click here  to see what we do.

Deutsche Bank & Diversity

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.