Private Banking Specialist

1 week ago


Singapore Deutsche Bank Full time
About the Role:

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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