Corporate Bank - NFR Financial Crime Risk, Sanctions Oversight - Vice President

Davita Inc.; New York (NY); Hybrid; USD 140,000 - 217,000; Full time

Job summary

A leading company is seeking a Vice President for its Corporate Bank, focusing on Financial Crime Risk and Sanctions Oversight in New York. The ideal candidate will have extensive experience in regulated financial services and a strong understanding of non-financial risk management, with responsibilities including governance framework development and stakeholder engagement. This position offers a hybrid working model and competitive compensation.

Benefits

Diverse and inclusive environment

Generous vacation and personal days

Health and wellbeing benefits

Retirement savings plans

Parental leave and family building benefits

Educational resources and volunteer programs

Qualifications

• Extensive experience in the Regulated Financial Services sector.
• Proven experience in managing non-financial risks, particularly in Sanctions.

Responsibilities

• Oversee Sanctions compliant program and governance framework.
• Engage with relevant teams on regulatory changes and maintain procedures.
• Drive stakeholder engagement on key risks and audit findings.

Skills

Regulated Financial Services experience

Non-financial risk management

Financial Crime risk knowledge

Sanctions compliance

Analytical skills

Decision-making skills

Problem-solving skills

Excellent communication

Job description

Job Description:

Job Title: Corporate Bank - NFR Financial Crime Risk, Sanctions Oversight

Corporate Title: Vice President

Location: New York, NY

Overview

The Financial Crime Risk Management Function is a Global front office function within Corporate Bank Non-Financial Risk (CB NFR). The primary objective of the team is to support the Corporate Bank by creating a robust control framework embedded in the First Line of Defense (1LoD).

The team's mandate is to identify non-financial risks such as regulatory, conduct and systemic risks, define mitigation processes for those risks, as well as to develop, implement and monitor Level 1 controls. In addition to working closely with the Product, Relationship & Transaction Management, Coverage and Sales teams, the group's reach and interaction will be broad, including engagement within Corporate Bank (CB), and with partners in the infrastructure functions in Second Line of Defense (2LoD) as well as Group Audit in Third Line of Defense (3LOD).

You will be in the CB NFR function in Financial Crime Risk Management focusing on Sanctions & Embargoes risks and will also be participating in/driving Cross CB NFR projects from time to time, including control framework.

What We Offer You

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

What You'll Do

• Responsible for supporting the office of Business Sanctions Delegate on Sanctions compliant program; support Governance framework for CB Sanctions Oversight Forum (Setup of forums, information flow and escalation/decision making points) including day-to-day operations
• Engage relevant 2LOD AFC team on upcoming regulatory and policy changes and implementation of changes related to Sanctions policy/procedures across CB businesses; maintenance of relevant and applicable procedures covering CB division
• Drive engagement with relevant stakeholders on key risk items and track them to closure; aid in proactively managing Audit/ CT&A findings and observations, acting as CB engagement support; execute on the findings book of work in CB for Financial Crime including Sanctions risk related items, with responsibility for reporting/MI on the portfolio of findings
• Perform quality assurance on the business inputs into the Financial Crimes Risk Assessment (FCRA); monitor, track and drive resolution of action items coming out of the Sanctions FCRA results
• Procure and compile metrics for risk management. Drive/Participate in Data Analytics and MI generation to identify potential trends and risk landscape; participate in Global/regional projects and initiatives on the back of regulatory developments, policies changes affecting CB
• Play a proactive role in developing best practices on business process re-engineering; develop effective relationships with key stakeholders in all relevant functions

How You'll Lead

• Strong leadership and management abilities to lead front-to-back risk remediation / regulatory programs and to engage with senior stakeholders across LOD

Skills You'll Need

• Extensive experience in Regulated Financial Services organization
• Proven experience in non-financial risk management domain covering Sanctions (knowledge of corporate banking business/products is advantageous)
• Strong background/knowledge of Financial Crime risk topics balanced with Client Centricity
• Ability to respond to third party monitor and regulatory requests as a Sanctions SME

Skills That Will Help You Excel

• Excellent analytical, decision-making and problem-solving skills
• Highly motivated to drive change, self-reliant, adaptable with a structured way of working with high willingness to take responsibility, and ability to deliver highest level of quality under time pressure
• Strong team player, with experience working in virtual global teams and in a matrix organization
• Excellent communication and presentation skills

Expectations

It is the Bank's expectation that employees hired into this role will work in the New York, NY 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.

The salary range for this position in New York City is $140K to $217K. Actual salaries may be based on a number of factors including, but not limited to, a candidate's skill set, experience, education, work location and other qualifications. Posted salary ranges do not include incentive compensation or any other type of remuneration.

Deutsche Bank Benefits

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