Americas Head of Business Line AFC - Investment Bank & Corporate Bank
Deutsche Bank
- New York City, NY
- Permanent
- Full-time
- 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
- Support AFC Americas Leadership in the day-to-day management of the AFC Function
- Provides AFC SME advice and support to DB’s senior management, business divisions and other infrastructure functions with respect to AFC related matters.
- Provide advice on AML/CTF and KYC policies in accordance with US law and regulations. ts
- Oversee a team responsible to for the development and ongoing maintenance of US AML/CTF Policy and US KYC Policy
- Ensure effective implementation of relevant strategies and key operating procedures and executes relevant controls for the Americas AML and BLAFC function
- Ensures the required expertise of staff and the adequate independence of the AML & Business Line AFC function regionally
- Ensure the proper organization of the AML & Business Line function for AFC regionally and the adherence to core organizational requirements.
- Approve regional escalations for New Product Approval/New Transaction Approval
- Assist with and advise on any regulatory examinations or requests involving regional AFC matters
- Work with AFC and Business stakeholders to develop responses to new or changing AFC requirements arising from local laws or regulations
- Facilitate the adoption of a consistent and firm-wide approach to AML Policy and AFC risk within the region
- Communicate relevant critical issues to Americas Regional Head of AFC and Global Heads of BLAFC
- Assess how values and beliefs can be anchored into AFC advice and controls.
- Senior point of escalation and advice for regional client AFC risk issues
- Represents the AML & Business Line function towards internal / external stakeholders.
- Delivery of remediation actions owned by AML and BLAFC regionally
- Manages the Business Line AFC teams to support the risk assessment as required to determine the AFC risk profile of the Bank.
- Drive and foster collaborative relationships within the AFC function and between AFC and the business
- Role requires managing issues/concerns escalated by various stakeholders with minimal oversight and being held accountable for decisions made by their team and themselves on day to day basis, inclusive of regulatory/audit findings. Additionally, the role will be measured by findings, red flags and peer feedback. Role will have key interactions with stakeholders including Regional business heads, Regulator/audit, Global & Regional BLAFC, Head of KYC and other Control functions heads
- Extensive experience in Financial Crime in a global leadership position within Financial Services
- Product knowledge across Corporate & Investment Banking
- Proven experience with regulators and managing applicable regulatory examinations
- Experience operating in and leading teams within a matrix structure and/or multinational organisation(s)
- Understanding of Americas AML regulatory requirements and expectations
- Familiarity with the 4th AML Directive (i.e. enacted by the German Anti-Money Laundering Act and German Banking Act)
- A senior and seasoned professional with a ‘can do attitude’ and exemplary communication skills
- A strong strategic thinker and capable of supporting a large change program while also managing an important, growing client facing ‘run the bank’ service
- Robust, credible and organizationally savvy, with an ability to grasp complex issues quickly
- In possession of a delivery-focused mind-set
- Able to work independently to manage projects and deliverables to completion