Anti-Financial Crime Anti-Money Laundering Investigator Manager - Assistant Vice President

Deutsche Bank - Jacksonville, FL (30+ days ago)3.9


Job Title: Anti-Financial Crime Anti-Money Laundering Investigator Manager
Corporate Title: Assistant Vice President
Location: Jacksonville, FL

About Deutsche Bank

We are Germany’s leading bank with strong positions in Europe and significant presence in the Americas and Asia Pacific. We’re driving growth through our strong client franchise, investing heavily in digital technologies, prioritizing long-term success over short-term gains, and serving society with ambition and integrity. We serve our clients’ real economic needs in commercial and investment banking, retail banking and transaction banking, and provide ground-breaking products and services in asset and wealth management. That means a career packed with opportunities to grow and the chance to shape the future of our clients.

Department

Deutsche Bank is committed to the highest standards of control in the areas of Anti-Money Laundering (AML), Sanctions & Embargoes, Anti-Bribery and Corruption (ABC) and Anti-Fraud (collectively referred to as Anti-Financial Crime). All employees are required to adhere to these standards to protect Deutsche Bank and our reputation from those who may intend to use our products and services for illegal purposes including, but not necessarily limited to, money laundering, bribery, corruption, fraud and terrorist financing.

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
Overview

The AFC team is accountable for protecting Deutsche Bank from financial and reputational losses incurred by financial crimes by assessing, controlling and mitigating risks. The AML Investigator is responsible for conducting comprehensive investigations on Deutsche Bank’s Wealth Management (WM) client’s specifically, Private Banking and Brokerage businesses to detect activity indicative of money laundering or other financial crimes. The investigators utilize internal and external investigation technology and research techniques. Based on documented findings, the investigator will draft a written narrative outlining in detail the results and as appropriate, escalate in accordance with documented procedures. The AVP is responsible for providing oversight and guidance to the WM team as well as conduct periodic reviews in order to ensure quality case investigations. In addition the AVP will be expected to provide case investigations as needed as well as participate in the development of technological enhancements.

The position will report to the VP within AFC.

Key Responsibilities:
Use independent and professional judgment when reviewing AML investigations in addition to all policies and procedures to meet regulatory standards
Monitor case aging and escalate as necessary
Participate in departmental projects and initiatives
Keep abreast of new rules, regulations and reputational risks to further improve our investigation processes
Understand business and regulatory requirements and ensure functions are being performed within those requirements
Maintain a thorough comprehension of internal AML typologies relating to WM clients
Manage complex investigations involving matters such as multiple relationship accounts, tiered and multi-faceted transactions; international wires involving DB designated high risk jurisdictions, and complex structuring schemes to identify potential money laundering or other financial crimes
Utilize internal and external sources, and partner with other stakeholders, as necessary, to research and investigate cases
Liaise with Technology to address any potential production issues and software updates
Prepare and write Suspicious Activity Reports (SARs) as necessary
Review and respond to internal/external inquiries (OFAC, FinCEN requests, subpoenas and other requests from Legal/Compliance Divisions)
Provide consistent qualitative feedback to the Investigators that follows the QA protocols and procedures
Use independent and professional judgment when reviewing AML investigations
Work closely with investigators on a daily basis to ensure that the work is prioritized based on staffing and capacity
Promote growth and development within the team and provide feedback as necessary
Provide ongoing training and guidance to new and current investigators
Lead departmental projects and initiatives
Foster an inclusive team environment that promotes opportunity, diversity and innovation
Keep abreast of new rules, regulations and reputation risks to develop implement and revise current policies and procedures

Required Skills:
Minimum of a Bachelor’s degree or equivalent work experience
AML investigator in a transaction monitoring and SAR writing capacity or equivalent experience or education
Experience in a leadership/management capacity
Ability to identify, escalate and communicate issues to management in an effective and succinct manner
Effective decision making skills and strong problem solving skills
Strong knowledge of AML laws (USA PATRIOT Act), Regulations (Fed, SEC, FINRA) and their application to the supported products/business lines.
Good team player with the ability to manage the team’s workload and their own
Experience with MS Excel, including pivot tables, macros, filtering, and sorting
Applied experience of effective internet search techniques
Excellent writing and communication skills
Excellent analytical, judgment, and research skills
Strong attention to detail and the ability to multitask
An understanding of the legal and compliance issues of complex banking organizations
Ability to work independently and accurately prioritize workload with minimal supervision
Wealth Management experience
Operational knowledge of USD payment systems, including SWIFT, CHIPS, ACH, and FedFunds
Knowledge with Case Management System, Actimize / Mantas / Prime
Experience using LexisNexis
CAMS certification is a plus

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For candidates applying for positions in the US:
Deutsche Bank is an Equal Opportunity Employer - Veterans/Disabled and other protected categories.