Anti Financial Crime (AFC) – Self Supervisory Unit (SSU) Officer – NCT

Details of the Division and Team:

Regulations, Compliance and Anti Financial Crime (AFC) protect the integrity and reputation of Deutsche Bank. They manage the bank’s risk and help to avoid unintentional rule breaches and conflicts of interest.

At the same time, they also advise on ethical conduct, governance issues and keep our organisation up to date on regulatory and political challenges.

 

Anti Financial Crime at Deutsche Bank is committed to the highest standards of Anti-Money Laundering (AML), Combatting Terrorist Financing, Sanctions & Embargoes, Anti-Bribery and Corruption (ABC) and Fraud prevention.

The Management and all employees are required to adhere to these standards to prevent DB and our reputation from those who may intend to use our products and services for money laundering, bribery, corruption, fraud and/or Terrorist Financing (TF) purposes.

 

DB Group will examine its Anti-Financial Crime (AFC) strategies, goals and objectives on an ongoing basis and maintain an effective program for DB’s business that reflects the best practices for a diversified, global financial services provider.

 

Overview :

SAMA Self Supervisory Regulations require that each financial institution is required to have private , independent specialized unit comprised of Self Supervisory Unit (SSU) officers reporting to the Head of Compliance/MLRO. The unit is tasked with handling requests received from the Special Enforcement Division of the Saudi Central Bank. The unit will operate in line with the SSU Regulations and KOPS.

 

Please note that this is Regulated Role and only Saudi Nationals will be considered. SAMA approval needs to be obtained for the SSU Officer prior to the commencement of his/her responsibilities.

 

Deutsche bank Africa and Middle East

Deutsche Bank’s commitment in the MEA region is more than a century old , beginning with the Bank’s Financing of the constitution of the Bagdad railway.

 

Deutsche Bank AG in the MEA region offers the full range of Investment Banking, Asset Management , Private Wealth Management and Global Transaction Banking services. Deutsche Bank AG is well recognized for its leading role on some of the most prestigious regional transactions. The bank is recipient of the several regional and international awards in recognition for its achievements in Investment Banking and Islamic finance in the region.

 

The global focus of Deutsche Bank’s social responsibility is reflected in its regional unit and foundations. Hence the decision to establish Deutsche Bank’s Middle East stemmed from Deutsche Bank’s deep-seated belief in the necessity of companies contributing to the societies in which they operate. Established in 2008, Deutsche Bank’s middle east foundation is one of the Bank’s many foundations around the Globe across Asia, Africa, Europe and the Americas. Deutsche Bank’s middle East Foundation focuses on funding investments in Arts, Education, Community Development, Sustainability and volunteering in the Middle East and North Africa Region.

 

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
• Flexible working arrangements
• 30 days of annual paid leave, plus public holiday & Flexible Working Arrangement

 

Your Key Responsibilities

• SAMA approval to be obtained SSU (Self Supervisory Unit) Officer prior to commencement of responsibilities.
• The SSU (Self Supervisory Unit) Officer has unrestricted access to all information, data, records and systems in the Bank he/she deems necessary to fulfil its function.
• The SSU (Self Supervisory Unit) Officer has decision-making authority over the Business on requests received form the Saudi Central Bank’s Special Enforcement Division (related matters)
• Managing day-to-day tasks independently and take full responsibility and ownership thereof.
• Keeping abreast of new rules, regulations, policies and procedures related to Special Enforcement Division regulations, Saudi AML Law and its implementing regulations.
• Adhere to internal & external policy and regulation, notably with respect to Anti Financial Crime; Sanctions; anti Bribery & Corruption.
• Maintain up to date and accurate management information.
• Support the MLRO to implement and execute SSU policies and procedures.
• Ensuring appropriate reporting and escalation of issues and/or incidents to the MLRO
• Support the MLRO to implement adequate monitoring – research / surveillance tools.
• Conduct screening of names received from the Saudi Central Bank’s Special Enforcement Division
• Receiving, reviewing and acting upon requests received from the Saudi Central Bank’s Special Enforcement Division ( or local FIU )
• Performing searches in Client Relationship Management tools (e.g.; dB CAR / dB CLM Avaloq), access rights to request (block/unblock, Prevent dealing, providing statements).

 

 

Your skills and Experience

• Fresh graduate or at least 2-3 years’ experience within AML/KYC preferably within a SAMA regulated financial institution.
• Fluency in English and Arabic
• Should be assertive, analytical, organized and flexible.
• Strong organization and prioritization skills, profound decision-making skills.
• Strong analytical skills and solution-oriented problem solving.
• Strong inter-personal skills, excellent communication skills and ability to work in virtual global teams and a matrix organization.

 

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.

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