C&AFC - Investment Bank & APAC Sanctions, Regulatory Advisory Specialist - VP

Details of the Division and Team:    

As a global bank, Deutsche Bank has a wide array of obligations. As a European company, we must comply with the sanctions measures put in place by the European Union and enforced by national level authorities, including those in Germany. In addition, given our strategic market presence in other jurisdictions, including the United States, our Global Sanctions Policy takes measures, such as those administered by OFAC, into account. As a matter of bank policy, we have a globally standardized approach to protect the integrity of Deutsche Bank as a premier global bank as well as our employees and our clients.

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:

• Competitive Salary and non-contributory pension

• 20 days annual leave plus generous number of public holidays

• Life Assurance and Private Healthcare for you and your family

• A range of flexible benefits including retail discounts, gym benefits, wellbeing incentives

• The opportunity to support a wide ranging CSR program plus take volunteering leave days

Your key responsibilities:

• Support Global Sanctions Advisory in protecting DB from legal, regulatory and reputational risk with regard to business involving sanctioned entities and / or countries.

• Provide guidance regarding sanctions-related questions and issues; thereby supporting Businesses (1st Line of Defence) establish appropriate organisation and control structures to process transactions in a well-defined and compliant environment.

• Interface with client service officers on transaction-related requests and decide on these in full compliance with all applicable sanctions regulations as well as the DB's policies and procedures.

• Continuously monitor the sanctions regulatory situation in the region. Support in the translation of external developments of the legal situation into potential policy adjustments for the Bank.

• Ensure diligent review of transaction-related requests and decide on these in full compliance with all applicable sanctions regulations as well as the Bank's policies and procedures.

• Investigate and review escalations resulting from pre- and post-trade sanctioned securities controls.

• Oversee and support all Sanctions-related aspects in deal team activities, including the drafting of sanctions clauses.

• Review/ decide on the adoption of new clients/ review of existing clients that are referred to the Head of Sanctions Investment Bank.

• Support sanctions-relevant reporting obligations involving countries in the APAC region to the competent authorities.

• Handle and respond to inquiries from regulatory authorities as well as internal or external auditors and business lines regarding sanctions observance.

• Conduct training or briefing sessions to Business and other Infrastructure units within the APAC region.

• Participation in global and regional calls to update on regional developments and issues may be required.

• Review and assessment of any potential sanctions breaches escalated to the IB Sanctions Advisory Team.

• Identification of any sanctions relevant gaps in existing processes and addressing these with relevant stakeholders.

• Depending on seniority, may lead and manage a small team.

Your skills and experience:

• Minimum of 5 years' experience in sanctions advisory

• Thorough understanding of global sanctions policy & governance function, providing sanctions advice directly to internal and external stakeholders

• Strong project management and planning skills experience with the ability to lead various working groups, while providing stability re: business-as-usual activities

• Strong stakeholder management skills

• Thorough understanding of financial sanctions and embargoes across APAC

• Experienced in managing a team and developing the skillset and knowledge of the team member

• Required to communicate (verbal and written) clearly to Business units and APAC locations substantiated assessment/position and recommend follow-up action.

• Strong attention to detail and being meticulous in reviewing sanctions-related issues for all escalations from Business units and APAC locations.

• Self-starter, proactive and independent, exercises flexibility in addressing contentious issues, principled, and action-oriented individual.

• Team player with strong interpersonal skills, as well as an understanding of Asia-Pacific cultural nuances.

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.

Deutsche Bank & Diversity

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.

Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group.

We welcome applications from all people and promote a positive, fair and inclusive work environment.