Prepare for Your Deutsche Bank Interview with Real Experiences!
View interviews
AmbitionBox
Search
Jobs
- Reviews
- Salaries
- Interview Questions
- About Company
- Benefits
- Jobs
- Office Photos
- Community
Add office photos
All Filters
580 Deutsche Bank Jobs
KYC Associate
Deutsche Bank
posted 1 day ago
Job Role Insights
Flexible timing
Key skills for the job
Job Description
Job Title: KYC Associate
Role Description
- The Know Your Client (KYC) Analyst focuses on client onboarding (COB) and exceptions in line with regulatory standards and jurisdictions.
- The KYC Analyst provides regular communication to senior bank stakeholders on changes in KYC, Anti Money Laundering (AML) and Anti Financial Crime (AFC) areas and ensures any changes required are implemented with minimum disruptions.
- The KYC Analyst also assists the banks clients, managing all KYC and account opening requirements with appropriate governance and controls. They operate in an environment of strict adherence to Standard Operating procedures (SOPs) and Operation Level Agreements (OLAs) to achieve accurate and timely account opening to help execute trades.
- A dynamic and diverse division, our objective is to make sure that all our services are executed in a timely and professional manner, that risk is minimized and that the client experience is positive. We are proud of the professionalism of our people, and the work they do. In return, we offer excellent career development opportunities to foster skills and talent.
- In accordance with Anti-Money Laundering Requirements, Banks, such as Deutsche Bank AG ("DB"), are obliged to perform Know-your-client (KYC) reviews on all new clients they adopt. These checks and reviews are made in strict accordance with regulatory requirement and the banks internal policies.
- The project involves verification of the Client data, performing due diligence checks on the Clients, reviewing KYC documentation performing the risk assessment of the Client, liaising with the Business/Compliance, advising on KYC requirements and signing off on new client adoptions.
- The Reg & Tax analyst role is an operations function where you will be involved in reviewing various regulatory documents related to clients to ensure that all the regulatory requirements are met and the bank is in compliance.
Your key responsibilities
- Responsible for verification of Client data
- Perform due diligence of new and existing clients covering a wide range of different client types including; Listed and Regulated, small/medium/ large private and public companies as well as more complex structures such as; SPVs, Co-operatives, Foundations and Funds, Governments, Joint Ventures, etc.
- Verifying KYC documentation of the Clients to be adopted/reviewed
- Perform the risk assessment of the Client to be adopted/reviewed
- Signing off on new client adoptions and periodic reviews
- Manage New Client Adoption or Periodic Review stream, to ensure that all requests are approved in accordance with regulatory requirements and the banks internal policies
- Manage exception ensuring that all SLAs defined with the Business on timeliness and quality are adhered
Your skills and experience
- 6+ years of relevant work experience (AML/KYC/compliance related) within corporate financial services industry, Research/Analytics role in other Banks / KPOs etc
- Understanding of Control, Compliance, Investigation/chasing functions in banks
- Familiarity AML/KYC regulations and industry guidelines (FSA, JMLSG, 3rd EU Money Laundering Directive, MiFID)
- Ability to interpret regulatory guidelines and assessing risk scores and entity types
- Ability to interpreting alerts
- Ability to identifying trends and inconsistencies
- Understanding of end-to-end KYC process
Employment Type: Full Time, Permanent
Read full job description
What people at Deutsche Bank are saying
Rating based on 6 KYC Associate
reviews
Anonymous · BFSI, Investments & Trading
in Mumbai
Likes
Good Building Good washroom Internet speed good Medical and transport facilities good
Dislikes
Work Culture Bad Toxic Negetive and sometimes highly political. No work life balance 12 hrs Job some times 15 hrs. No acknowledgment of work
- Salary - Poor
+5 more
KYC Associate salary at Deutsche Bank
reported by
62
employees
with 1-14
years exp.
₹5.4
L/yr - ₹18
L/yr
159%
more
than the average KYC Associate Salary in India
View more details
What Deutsche Bank employees are saying about work life
based on 3.8k employees
Flexible timing
Monday to Friday
No travel
Day Shift
Deutsche Bank Benefits
View more benefits
Compare Deutsche Bank with
Barclays
Compare
JPMorgan Chase & Co.
Compare
Kotak Mahindra Bank
Compare
AU Small Finance Bank
Compare
IndusInd Bank
Compare
IDFC FIRST Bank
Compare
Bandhan Bank
Compare
Yes Bank
Compare
Jana Small Finance Bank
Compare
Equitas Small Finance Bank
Compare
Ujjivan Small Finance Bank
Compare
Standard Chartered
Compare
Bank of America
Compare
NatWest Group
Compare
IDBI Bank
Compare
ANZ Banking Group
Compare
Federal Bank
Compare
Central Bank of India
Compare
HSBC Global Banking and Markets
Compare
Indian Bank
Compare
Similar Jobs for you
Deutsche Bank Mumbai Office Locations
Mumbai Office
Headquarter
Deutsche Bank, Deutsche Bank House, Hazarimal Somani Marg Fort
Mumbai
Maharashtra 400001
Maharashtra 400001
Mumbai Office
B 1, 5th Floor, Nirlon Knowledge Park, Goregaon East, Mumbai
Mumbai
Maharashtra 400063
Maharashtra 400063
KYC Associate
6-11 Yrs
Mumbai
Regulatory Affairs, Banking Operations, Fraud Analysis +12 more
Transaction Monitoring Associate
7-12 Yrs
Bangalore / Bengaluru
Embedded Software, Anti Money Laundering, Export Documentation +4 more
Client Solutions & Partnerships Analyst AVP
2-5 Yrs
₹ 2.1 - 16L/yr (AmbitionBox estimate)
Mumbai
Finance, Salesforce, Investment Banking +7 more
Operations Senior Lead, VP
15-20 Yrs
₹ 41 - 62.05L/yr (AmbitionBox estimate)
Bangalore / Bengaluru
Finance, Trade, Embedded Software +11 more
Associate - IB CFO Cost Strategy & Planning
7-12 Yrs
Mumbai
Finance, Accounting, Financial Analysis +15 more
TFL – Lending, NCT
1-3 Yrs
₹ 3 - 9.5L/yr (AmbitionBox estimate)
Bangalore / Bengaluru
Investment Banking, Trading, Loaniq +7 more
IT Regulatory Reporting Governance Coordinator, AVP
6-11 Yrs
Pune
Quality Assurance, Regulatory Affairs, Risk Management +4 more
Client Service Analyst
5-8 Yrs
Mumbai
Digital Marketing, Salesforce, Security Services +1 more
Share an Interview