What are the responsibilities and job description for the Head of OA & Lending - Director position at Deutsche Bank?
Job Title: Head of OA & Lending
Corporate Title: Director
Location: New York, NY
Overview
Deutsche Bank benefits from having a highly experienced and dedicated Anti Financial Crime (AFC) function, which performs a crucial role in keeping Deutsche Bank’s business operations and global financial services clean from financial crime while serving the interests of the Bank and society. To combat financial crime effectively and respond to challenges in a flexible manner, AFC has a matrix structure combining regional, business line, and global functional coverage in our core areas of Anti-Money Laundering (AML), Sanctions & Embargoes, Anti-Fraud, Bribery & Corruption, Investigations & Intelligence, Monitoring & Screening, and Risk Assessment. Part of our commitment is to strengthen a strong collaboration with all business lines and support functions within our bank.
AFC helps Deutsche Bank generate long-term trust and add value for our clients, staff, and society and provide challenging opportunities for you to learn, contribute, and benefit from your journey with us. We foster an open and inclusive team culture with the aim to build and maintain a healthy, engaged, and well-supported diverse workforce that is equipped to do their best and enjoy their lives inside and outside the workplace, whilst applying the highest standards of conduct to guarantee Deutsche Bank´s success in fighting financial crime.
What We Offer You:
We offer competitive health and wellness benefits, empowering you to value life in and out of the office
Retirement savings plans, parental leave, and other family-friendly programs
An environment that encourages networking and collaboration across functions and businesses
Active engagement with the local community through Deutsche Bank’s specialized employee groups
Return to Office:
At this time, all individuals present in the location must be fully vaccinated for Covid-19
It is the Bank’s expectation that employees hired into this role will work in the New York office in accordance with the Bank’s hybrid working model
Deutsche Bank provides reasonable accommodations to candidates and employees with a substantiated need based on disability and/or religion
Hear from our people and look inside our office: DB@The Muse
Your Key Responsibilities:
Manage the Business Line Anti-Financial Crime (BLAFC), AFC Origination and Advisory (OA) & Lending personnel, and maintain Organizational integrity by escalating priority items to Head of IB BLAFC US
Provide oversight responsibility for execution and enhancements to the Business AML Compliance programs to ensure proper alignment with Global AML Compliance Policies
Responsible for day-to-day aspects of the Business line AML Compliance Programs including management of personnel who perform advise on transactions, products, and clients enhanced due diligence and event driven reviews
Represent AFC at business forums including Reputational Risk committees and Business review committees, act as AML central point of contact for front office/middle office/ back-office personnel for affected Business Lines to respond to and apply practical standards of the AML Compliance Program
Support AML regulatory examinations performed by Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA), and other effected regulatory exams
Assist in the development of curriculum for annual AML Compliance training requirement as well as perform Live AML training events for defined areas
Your Skills and Experience:
Bachelor’s degree: or advanced degree (JD, MBA, etc.) is a plus (not required)
Relevant working experience in the financial industry within AFC Compliance, Legal or Regulatory Change functions
Superior knowledge of relevant AFC laws/regulatory requirements, particularly with respect to Investment Bank / Corporate Bank products
AFC Compliance, Legal, or Audit experience, particularly in connection with AML, Know Your Client (KYC), and the Regular Review in advisory capacity; knowledge of investment banking/OA & Lending
Knowledge of 6th EU Money Laundering Directive and other Financial Action Task Force (FATF) AML priorities (preferred)
How You’ll Lead
Lead and develop teams in multiple locations
Demonstrate strong research, investigation, and analytical skills
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.
We are an Equal Opportunity Employer - Veterans/Disabled and other protected categories. Click these links to view the following notices: "EEO is the Law poster" and supplement ; Employee Rights and Responsibilities under the Family and Medical Leave Act ; Employee Polygraph Protection Act and Pay Transparency Nondiscrimination Provision .
