Private Banking Specialist
1 week ago
We are seeking a highly skilled and experienced Private Banking Specialist to join our team at Deutsche Bank. As a key member of our Private Banking Operations team, you will play a critical role in ensuring the timely and accurate processing of client accounts and transactions.
Key Responsibilities:
- Ensure timely account openings and response turnaround
- Provide SME advice to Front Office on complex account structures and KYC/AML cases
- Function as a Checker to ensure review quality
- Act as sparring partner for Front Office in all AML/SOW/KYC related topics
- Support and advice Front Office in completing the KYC/SOW information in line with DB Group standards
- Enhance Client risk assessments and various MIS reports for management reporting
- Understand the Bank Global KYC/AML Standards, Account Documentation procedures, Local Laws and Regulations and implement related control processes
- Escalate operational, regulatory and other risks to line manager and functional leads as appropriate
- Involved in design and implementation of strategies to ensure continuous process improvement
- Assist the Head of NCA to review controls to minimize operational risk
- Maintain KOPs to ensure latest processes and requirements are reflected and adhered to
- Lead and/or represent WM Ops in ad-hoc projects in relation to NCA/KYC/SOW/Regulatory Changes
About You:
- Minimum 2 years of KYC Operation experience in Private Banking
- Proven knowledge and experience in banking operations, client onboarding, account documentation, risk management, sophisticated AML/KYC knowledge
- Proven knowledge in Know Your Client procedures in Private Banking
- Degree majoring in Banking, Accountancy or Business Administration or related discipline
- Ability to develop a good knowledge of the customer base, with sensitivity to specific customer needs
- Proven experience in team/stakeholder management
What We Offer:
- 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
Location:
One Raffles Quay office
Requirements:
Relevant vaccination requirements may apply.
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