AFC QA

Job Description:

Job Title Controls Testing & Assurance (CT&A) – Americas Quality Assurance (QA) Lead – Vice President

Corporate Vice President

Location Jacksonville, FL

Overview

Deutsche Bank’s Anti-Financial Crime (AFC) Quality Assurance (QA) Team, an assurance function within Controls Testing & Assurance (CT&A), is responsible for assessing, detecting, investigating, and reporting on financial crime risks (Anti-Money Laundering (AML), Sanctions & Embargoes (S&E), Anti-Bribery and Corruption (ABC), and Anti-Fraud) to stakeholders. AFC QA performs this though conducting ongoing assessments of Deutsche Bank’s Know Your Client (KYC), Transaction Monitoring & Investigations (TMI), Business Line AFC, Transaction Filtering (TF) and Name List Screening (NLS) programs and identifies any exceptions to the relevant regulations and the Bank’s policies.

The primary focus for this role will be to lead and execute the Americas AFC QA program in accordance with CT&A’s Global QA Plan. The position will report to the Americas Head of CT&A.

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

• Develop and maintain the Americas AFC QA program so that it aligns with the global QA assurance principles, methodology and strategy and ensure it is communicated to staff and stakeholders, while leading/managing the QA teams to ensure that all necessary assurance coverage of the Americas region across all of the Know Your Customer (KYC)/Transaction Monitoring Investigations (TMI)/ Transaction Filtering (TF)/ Name List Screening (NLS) workstreams
• Promote proactive identification of risks, consistency, and quality in execution of the plan, and sharing of best practices, as well as ensure timely execution of the AFC QA Plan and ensure that all work is completed in accordance with all Global Assurance policy and procedures
• Ensure the quality of work delivered by AFC QA teams and timely escalation of issues encountered during assurance activities to senior management (e.g., Global Head of AFC Testing and QA and Americas Regional Head of CT&A)
• Define a people strategy to develop, recognize, progress, and retain key staff, in addition to being a role model for the CT&A teams in the Americas, delegating appropriately, communicating effectively, and giving honest feedback
• Advise team members with respect to applicable regulatory requirements to ensure QA assessments are adequately designed to identify potential control gaps and non-compliance with laws and regulations applicable to banking products and services
• Support the management of production of regular Management Information for the Americas Region, set goals for team and ensure tasks are properly delegated, as well as offer feedback to drive improvement

How You’ll Lead

• Lead and manage the operation of the Americas AFC QA team in Jacksonville in-line with the global QA plan and act as a key point of contact for all stakeholders including AFC, AFC Senior management, Chief Administrative Office (CAO) Management, other CAO Functions, Business Management, Group Audit, and Regulators
• Develop and prepare updates and presentations to senior management and other stakeholders including the various Deutsche Bank governance forums and legal entity Boards
• Keep abreast of new laws, regulations, and policies in identifying potential areas of risk within QA assessments

Skills You’ll Need

• Minimum of a bachelor’s degree or equivalent work experience (JD, MBA, or master’s degree and CAMS certification would be a plus)
• Extensive experience in AFC, Sanctions, Anti-Bribery & Corruption, Compliance Banking Regulations with expertise knowledge of anti-money laundering laws (USA PATRIOT Act), Regulations (Fed, Securities and Exchange Commission, Financial Industry Regulatory Authority) and their application to the supported products/business line
• BSA/AML Quality Assurance or Testing experience, knowledge of financial products/services offered by Wealth Management and/or Corporate and Investment Banking business lines
• Strong risk and control knowledge and understanding of how control frameworks need to be designed and operate in order to manage the risks
• Experience in building and managing relationships with Senior Stakeholders and an ability to influence Senior Stakeholders and colleagues

This position is being sourced through our Recruitment Outsourcing service line