Americas Regional Lead Group AML (Anti-Money Laundering) - Director

Deutsche Bank; New York (NY); Hybrid; USD 90,000 - 160,000; Full time

Job summary

An established industry player is seeking a Director to lead Anti-Money Laundering initiatives in the Americas. This pivotal role involves overseeing compliance with regulatory requirements, drafting policies, and enhancing the Bank's AML programs. The ideal candidate will possess extensive knowledge of BSA/AML issues and demonstrate strong analytical and communication skills. Join a diverse and inclusive environment that values innovation and collaboration, offering a hybrid working model and comprehensive benefits. This is a unique opportunity to make a significant impact on the organization while fostering a culture of excellence and responsibility.

Benefits

Generous vacation

Personal and volunteer days

Health and wellbeing benefits

Retirement savings plans

Parental leave

Family building benefits

Educational resources

Matching gift program

Volunteer programs

Qualifications

• Broad knowledge of BSA/AML issues in financial services.
• Direct BSA/AML experience, particularly with policy implementation.

Responsibilities

• Oversee Group AML topics in the Americas Region.
• Provide advice on AML policy matters to senior management.

Skills

BSA/AML Knowledge

Policy Implementation

Analytical Skills

Regulatory Knowledge

Communication Skills

Problem-Solving Skills

Job description

Job Title: Americas Regional Lead Group AML (Anti-Money Laundering)
Corporate Title: Director
Location: New York, NY

Overview
The role holder is overseeing Group Anti-Money Laundering (AML) related topics in the Americas Region and ensures strong alignment with the Group AML & PFoTE (Prevention of the Facilitation of Tax Evasion) function in the headquarters. Next to Group ML risk steering, the incumbent is inter alia responsible for drafting and policy advisory for the Bank Secrecy Act (BSA)/AML written Program within the region Americas. The incumbent is also responsible for the development of Country Supplements to the Global AML and Know Your Client Program, in response to the local regulatory landscape. In addition, the incumbent will be responsible for ensuring local requirements are taken into consideration for the enhancement and ongoing review of the Global AML and Know Your Client Programs.

What We Offer You

1. A diverse and inclusive environment that embraces change, innovation, and collaboration
2. A hybrid working model, allowing for in-office / work from home flexibility, generous vacation, personal and volunteer days
3. Employee Resource Groups support an inclusive workplace for everyone and promote community engagement
4. Competitive compensation packages including health and wellbeing benefits, retirement savings plans, parental leave, and family building benefits
5. Educational resources, matching gift and volunteer programs

What You’ll Do

1. Escalate critical matters and incidents to Deputy Group Head AML & PFoTE
2. Proactively apprise the (Deputy) Group Head AML & PFoTE, the BSA Officer, Deputy BSA Officer, and other regional AML Officers, as well as senior management and the overall AFC function of significant regulatory updates that may require changes to current state of controls
3. Proactively collect and forward risk related information regarding Deutsche Bank’s regional activities and such information involving other regional market participants (e.g., incidents, upcoming law maker’s / other standard setters’ initiatives, etc.)
4. Responsible for anticipating, developing and socializing German AML law 'definitions' and their local BSA/AML policy application
5. Provide specialist advice and support on AML policy matters to the BSA Officer, Deputy BSA Officer, and other regional AML Officers, as well as senior management and the overall AFC function
6. Provide detailed briefings and updates to the BSA Officer, and other regional AML Officers, as well as other members of senior management in the U.S. as well as the global AML leadership team so that they can review activities against the documented German legal standards

How You’ll Lead

1. A team player displaying strong people skills, highly organized and efficient
2. An excellent writer with great communication, analytical and research skills
3. An effective decision maker with strong problem-solving skills, attention to detail and the ability to multitask

Skills You’ll Need

1. Broad knowledge of BSA/AML issues across the financial services industry, including in-depth knowledge of the BSA, the USA PATRIOT Act, the AML Act of 2020, and the rules implementing Anti-Money Laundering requirements as promulgated by the Financial Crimes Enforcement Network and the Federal Functional Regulators
2. Direct BSA/AML experience, particularly with policy
3. Experience in implementing policies
4. Experience in building BSA/AML policy awareness
5. Working understanding of related AML/CFT-related laws, regulations, and guidance from non-U.S. jurisdictions within the scope of regional responsibility; Legal Experience

Skills That Will Help You Excel

1. Analytical, with excellent written and verbal communication skills with proven ability to document results and recommend improvements to financial crimes and operational procedures
2. Effective at influencing others
3. Versatile and flexible with the ability to manage with ambiguity in a dynamic environment with changing priorities

Expectations
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 Benefits
At Deutsche Bank, we recognize that our benefit programs have a profound impact on our colleagues. That’s why we are focused on providing benefits and perks that enable our colleagues to live authentically and be their whole selves, at every stage of life. We provide access to physical, emotional, and financial wellness benefits that allow our colleagues to stay financially secure and strike balance between work and home.
#LI-HYBRID
#LI-ONSITE
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.
We welcome applications from all people and promote a positive, fair and inclusive work environment.
We are an Equal Opportunity Employer - Veterans/Disabled and other protected categories.