Cao Anti-financial Crime, Regulatory Control

**Details of the Division and Team**:
Deutsche Bank (DB) is committed to the highest standards of Anti-Money Laundering (AML), Embargo & Sanctions, Anti-Bribery and Corruption (ABC), Anti-Fraud and Investigations and Financial Crimes, collectively referred to as Anti-Financial Crime Compliance (AFC). The Management and all employees are required to adhere to these standards to protect DB and our reputation from those who intend to use our products and services for money laundering, bribery, corruption, fraud and/or terrorist financing purposes.

The AFC programme is formulated and directed by the Global Head of AFC. The Global Head of AML/KYC and Business Line AFC reports to the Global Head of AFC and is responsible for ensuring the bank’s AML & KYC framework meets regulatory expectations and these standards are aligned across DB’s businesses. This responsibility extends to branches, subsidiaries and other dependent companies within the respective region (DB Group).

The AFC Testing (AFCT) team is responsible for providing assurance testing on the design and operating effectiveness of the AFC and businesses’ control environment and adherence to applicable AFC, Sanctions & Embargoes and Fraud-related regulations and the Bank’s policies. AFCT develops and executes an annual, risk based AFC testing plan that covers the risk categories owned by AFC, across all businesses in the region.

Regulation, Compliance and Anti-Financial Crime (AFC) protect the integrity and reputation of Deutsche Bank. They manage the Bank’s risks and help to avoid unintentional rule breaches and conflicts of interest. At the same time, they also advise on ethical conduct, governance issues and keep our organisation up-to-date on regulatory and political challenges.

AFC’s Mission is:

- To be a trusted and respected independent control function that aims to protect the bank from financial crime risk.
- To establish a proactive framework to prevent, detect, investigate and report bank-wide financial crime risk events

**What we will offer you**:
A healthy, engaged and well-supported workforce are 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**:

- Flexible benefits plan including virtual doctor consultation services
- Comprehensive leave benefits
- Gender Neutral Parental Leave
- Flexible working arrangements
- 25 days of annual paid leave, plus public holiday & Flexible Working Arrangement

**Your key responsibilities**:
The AFC Testing Officer reports into the APAC AFC Testing Head or a senior member in the function. The role’s key responsibility is participating in the design, planning and implementation of a globally consistent 2LoD Testing capability for assuring that the Bank’s controls are robust and correctly executed across the bank.
- Play a key role in supporting the execution of the testing program for L1 and L2 controls, potentially including reviews at the non-hub offices; the opportunity for travel to other jurisdictions may be available
- Participate in the creation of testing plans for areas of identified potential AFC risk;
- Maintain the current Testing approach and methodology consistent and up-to-date;
- Undertake Tests / Reviews/Checks and assessments of the business records in line with the AFC Testing Plan while working in close coordination with the Global AFC Testing & QA team under the wider Controls Testing & Assurance (CT&A) function
- Prepare reports for submission to the Global AFC Testing teams in hub locations detailing the work performed, findings, conclusions and recommendations;
- Collaboration with various AFC and Business (1LOD) stakeholders to ensure the implementation of adequate and effective testing program for APAC that meet both BaFin and local regulatory requirements;
- Liaising regularly with relevant businesses, Business Line AFC Compliance and other colleagues to remain abreast of developments as it pertains to AFCT; ensuring stakeholders are aware of the likely impact on the controls testing program and implementing changes where necessary;
- Ensuring that all issues raised in AFCT have adequate remediation plans that are tracked and escalated promptly and appropriately;
- Compiling reports and trend analysis in preparation for discussion with key Stakeholders from AFC, Business and GTO functions, identifying key issues and areas for improvement;
- Sharing best practice and learnings with AFCT colleagues locally/regionally/globally;
- Staying abreast of all regulatory developments which may impact monitoring requirements
- Assisting in the development and maintenance of appropriate Management Information to inform Senior Management of pertinent matters, in line with global Deutsche Bank/Compliance/AFCT standards;
- Assist on projects and initiatives, as required

**Your skills and e