Know Your Client Analyst - AVP

0507 Deutsche Bank Aktiengesellschaft, Filiale Riad; Riyadh; On-site; SAR 200,000 - 300,000; Full time

Job summary

An international banking corporation based in Riyadh is seeking a KYC Operator to enhance client onboarding aligned with regulatory standards. The role involves coordinating KYC cases, managing documentation, and ensuring compliance with Anti Money Laundering regulations. Ideal candidates will possess strong analytical and communication skills, with a focus on superior client service. The organization supports employee wellbeing, offering flexible work arrangements and comprehensive insurance packages.

Benefits

Life Insurance

Accidental Death Insurance

Private Medical Insurance

Flexible working arrangements

30 days of annual paid leave

Qualifications

• Profound knowledge of KYC processes including quality control.
• Excellent communication skills and ability to work in virtual global teams.
• Strong organization and prioritization skills.

Responsibilities

• Acts as first point of contact for KYC for Investment and Corporate Banking clients.
• Collects and corroborates KYC/AML related documentation.
• Coordinates and manages KYC cases between stakeholders.

Skills

KYC processes knowledge

Excellent communication skills

Strong organization skills

Analytical skills

Diligent working style

Client and service orientation

Job description

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.

Overview

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

• Contributions to Employee Workplace Savings "Gosy" 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)

• Drives completion of New Client Adoptions, Regular Reivews and Event Driven Reviews

• Drives implementation of new or changed KYC requirements and policies and documents the same in the local Desk Top Procedures

• Works as part of a team to achieve and optimize productivity and quality service level agreements with clients/business

• Acts as a point of escalation for business and navigates the organization front to back to ensure timely response to escalations

• Actively supports achievement of Bank’s/Division’s strategy, plans and values, and ensures they maintain a clear understanding and ongoing alignment of activities with the organization’s priorities

Your skills and experience:

• Profound knowledge of KYC processes including quality control

• Excellent communication skills and ability to work in virtual global teams and a matrix organization

• Strong organization and prioritization skills

• Diligent working style

• Strong 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