Posted on: September 23, 2020 Posted by: India Hires Comments: 0
Deutsche Bank

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Job TitleKYC Analyst
Job IDR0096787
Regular/TemporaryRegular
LocationBangalore
Listed2020-09-23

Position Overview

Role Description

Operations provide support for all of Deutsche Bank’s businesses to enable them to deliver transactions and processes to clients. Our people work in established global financial centers such as London, New York, Frankfurt, and Singapore, as well as specialist development and service centers in locations including Bucharest, Moscow, Pune, Dublin, and Cary. We process payments in excess of a trillion euros across the bank’s platforms, support thousands of trading desks and enable millions of banking transactions, share trades and emails every day

A dynamic and diverse division, our objective is to make sure that all our services are executed in a timely and professional manner, that risk is minimized and that the client experience is positive. We are proud of the professionalism of our people, and the work they do. In return, we offer excellent career development opportunities to foster skills and talent.

In accordance with Anti-Money Laundering Requirements, Banks, such as Deutsche Bank AG (“DB”), are obliged to perform Know-your-client (“KYC”) reviews on all new clients they adopt. These checks and reviews are made in strict accordance with regulatory requirement and the bank’s internal policies.

The project involves verification of the Client data, performing due diligence checks on the Clients, reviewing KYC documentation performing the risk assessment of the Client, liaising with the Business/Compliance, advising on KYC requirements, and signing off on new client adoptions. The Reg & Tax analyst role is an operations function where you will be involved in reviewing various regulatory documents related to clients to ensure that all the regulatory requirements are met and the bank is in compliance.

What we’ll offer you

Please be aware there are regional differences to DB benefits and you will need to check the correct package per advert. 

As part of our flexible scheme, here are just some of the benefits that you’ll enjoy

  1. Best in class leave policy
  2. Gender-neutral parental leaves
  3. 100% reimbursement under child care assistance benefit (gender-neutral)
  4. Flexible working arrangements
  5. Sponsorship for Industry relevant certifications and education
  6. Employee Assistance Program for you and your family members
  7. Comprehensive Hospitalization Insurance for you and your dependents
  8. Accident and Term life Insurance
  9. Complementary Health screening for 35 yrs. and above

Your key responsibilities

Responsible for verification of Client data

Perform due diligence of new and existing clients covering a wide range of different client types including; Listed and Regulated, small/medium/ large private and public companies as well as more complex structures such as; SPVs, Co-operatives, Foundations and Funds, Governments, Joint Ventures, etc.

Verifying KYC documentation of the Clients to be adopted/reviewed

Perform the risk assessment of the Client to be adopted/reviewed

Signing off on new client adoptions and periodic reviews

Manage New Client Adoption or Periodic Review stream, to ensure that all requests are approved in accordance with regulatory requirements and the bank’s internal policies

Manage exception ensuring that all SLA’s defined with the Business on timeliness and quality adhere

Your skills and experience

Responsible for verification of Client data

Perform due diligence of new and existing clients covering a wide range of different client types including; Listed and Regulated, small/medium/ large private and public companies as well as more complex structures such as; SPVs, Co-operatives, Foundations and Funds, Governments, Joint Ventures, etc.

Verifying KYC documentation of the Clients to be adopted/reviewed

Perform the risk assessment of the Client to be adopted/reviewed

Signing off on new client adoptions and periodic reviews

Manage New Client Adoption or Periodic Review stream, to ensure that all requests are approved in accordance with regulatory requirements and the bank’s internal policies

Manage exception ensuring that all SLA’s defined with the Business on timeliness and quality adhere

How we’ll support you

  1. Training and development to help you excel in your career
  2. Flexible working to assist you to balance your personal priorities
  3. A culture of continuous learning to aid progression
  4. A range of flexible benefits that you can tailor to suit your needs

About us and our teams

Please visit our company website for further information:

https://www.db.com/company/company.htm

Our values define the working environment we strive to create – diverse, supportive, and welcoming of different views. We embrace a culture reflecting a variety of perspectives, insights, and backgrounds to drive innovation. We build talented and diverse teams to drive business results and encourage our people to develop to their full potential. Talk to us about flexible work arrangements and other initiatives we offer.
We promote good working relationships and encourage high standards of conduct and work performance. We welcome applications from talented people from all cultures, countries, races, genders, sexual orientations, disabilities, beliefs, and generations and are committed to providing a working environment free from harassment, discrimination, and retaliation.

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