CB IB Operations and Controls - Know Your Client Analyst - Associate

Deutsche Bank AG; Saudi Arabia; On-site; SAR 150,000 - 200,000; Full time

Job summary

An international banking institution in Saudi Arabia seeks a KYC Operator to oversee client onboarding and ensure compliance with regulatory standards. The role involves collaboration with diverse teams to manage KYC cases and maintain high-quality service levels. Ideal candidates will possess strong analytical skills and profound knowledge of KYC processes. Excellent benefits, including flexible working arrangements and health insurance, are offered.

Benefits

Life Insurance

Permanent Partial Disability Insurance

Private Medical Insurance

Flexible working arrangements

30 days of annual paid leave

Qualifications

• Profound knowledge of KYC processes including quality control.
• Ability to work in virtual global teams and a matrix organization.
• Diligent working style with analytical and solution-oriented problem solving.

Responsibilities

• Acts as first point of contact for KYC for Investment Banking and Corporate Banking clients.
• Collects and corroborates KYC/AML related documentation for due diligence.
• Coordinates KYC cases between various stakeholders.
• Supports completion of New Client Adoptions and Regular Reviews.
• Works as part of a team to achieve productivity and quality service.

Skills

Knowledge of KYC processes

Strong communication skills

Analytical skills

Diligent working style

Client and service orientation

Job description

Details of the Division and Team:

Operations provides support for all of Deutsche Bank’s businesses to enable them to deliver transactions and processes to clients.

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 minimised 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.

The Know Your Client (KYC) Operator role focuses on client onboarding (COB) and exceptions in line with regulatory standards and jurisdictions.

The KYC Operator provides regular communication to senior Bank stakeholders on changes in KYC, Anti Money Laundering (‘AML’) and Anti Financial Crime (‘AFC’) areas and ensures any changes required are implemented with minimum disruptions.

The KYC Operator also assists the Bank’s clients, managing all KYC and account opening requirements with appropriate governance and controls. She / He operates in an environment of strict adherence to Standard Operating procedures (‘SOP’s) and Operation Level Agreements (OLA’s) to achieve accurate and timely account opening to help execute trades.

What we will offer you:

A healthy, engaged and well-supported workforce is 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:

• Life Insurance
• Accidental Death Insurance
• Permanent Partial Disability Insurance
• Private Medical Insurance for you, your spouse and dependent children
• Flexible working arrangements
• 30 days of annual paid leave, plus public holiday & Flexible Working Arrangement
• DB contributions to Employee Workplace Savings "Gosi” plan (for Saudi nationals only)

Your key responsibilities:

• Acts as first point of contact/ Subject Matter Expert in relation to KYC for Investment Banking and Corporate Banking clients
• Collect and corroborate KYC/AML related documentation wherever possible to perform required due diligence to meet Local Regulatory and DB policy requirements
• Coordinates and actively manages KYC cases between various stakeholders (e.g. Business, AFC and offshore centers)
• Support completion of New Client Adoptions, Regular Reivews and Event Driven Reviews
• Works as part of a team to achieve and optimize productivity and quality service level agreements with clients/business

Your skills and experience:

• Profound knowledge of KYC processes including quality control
• Strong communication skills and ability to work in virtual global teams and a matrix organization
• Diligent working style
• Analytical skills and solution-oriented problem solving
• Distinct client and service orientation

How we’ll support you:

• Flexible working to assist you balance your personal priorities
• Coaching and support from experts in your team
• A culture of continuous learning to aid progression
• A range of flexible benefits that you can tailor to suit your needs
• Training and development to help you excel in your career

About us and our teams:

Deutsche Bank is the leading German bank with strong European roots and a global network. click here to see what we do.

Deutsche Bank & Diversity:

We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively.

Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group.

We welcome applications from all people and promote a positive, fair and inclusive work environment.