Wealth Management Know Your Client (KYC) Case Manager
Job ID: 3183383 Full/Part-Time: Full-time Regular/Temporary: Regular Listed: 2019-03-18 Location: Jacksonville, United States of America
With client assets of around EUR 300 billion (as at September 30, 2017), Deutsche Bank's Wealth Management business is one of the largest asset managers worldwide. We offer affluent clients a broad range of traditional and alternative investment solutions, as well as comprehensive advice on all aspects of Wealth Management.
As a trusted partner of wealthy individuals and entrepreneurs, family offices and foundations. We create lasting value for clients. We develop bespoke solutions for our clients around the world, for instance wealth planning across successive generations and international borders, asset management with individual risk management, loans and deposits. All this is possible thanks to our global network, our many years of experience and our close collaboration with the Corporate & Investment Bank and Deutsche Asset Management.
We combine financial strength and stability with trustworthy partnership and forward-thinking in order to build sustainable and beneficial client relationships.
Job Title: AML Wealth Management Know Your Client (KYC) Case Manager
Corporate Title: Associate
Location: Jacksonville, FL
About Deutsche Bank
We are Germany's leading bank with strong positions in Europe and significant presence in the Americas and Asia Pacific. We're driving growth through our strong client franchise, investing heavily in digital technologies, prioritizing long-term success over short-term gains, and serving society with ambition and integrity. We serve our clients' real economic needs in commercial and investment banking, retail banking and transaction banking, and provide ground-breaking products and services in asset and wealth management. That means a career packed with opportunities to grow and the chance to shape the future of our clients.
Overview of Wealth Management Overview
As the Wealth Management division of Private Wealth and Commercial Clients, our focus is to deliver a boutique wealth management experience while leveraging the vast resources available as being part of a global, universal bank. We have been serving the interests of ultra high net worth individuals, families and select institutions for more than a century.
Overview of Client Onboarding Group
[The WM Americas Client Onboarding Group} is responsible for the end to end client on boarding process. The team is responsible for the review of client information and documentation. Part of the team act as case reps to drive the completion of required KYC records for new accounts and periodic reviews, which are then submitted for approval. These case reps will launch KYCs, gather information that does not require client outreach, liaise with banker teams for client information/documentation and ensure timely submission of KYCs for review and approval.
Key objectives/goals of Case reps: COG KYC Case reps are dedicated to provide high quality timely service to both internal and external clients while ensuring the bank continues to comply with all applicable internal and regulatory requirements.
The successful candidate will be extremely detail oriented and analytical. He/she must be able to take data from multiple sources and apply appropriate policy framework to each situation. He/she should be able to work both independently and as part of a team and switch gears quickly to adapt to business needs in a highly charged and challenging environment
Previous relevant experience in onboarding, Compliance, Audit, Risk or other Regulatory Function with a proven history of project management
Experience with AML, KYC and BSA risk issues for Private Banks preferred
Prior experience with validation of tax documentation is a plus
Prior experience in Wealth Management is a big plus
Creation/collection of KYC documentation (including entity corporate documentation like bylaws, corporate resolutions, etc.), information, and due diligence research for new and existing clients in consideration of temporary exceptions
Guiding front office sales teams in completing KYCs (answer questions on documentation, policy, etc) and timely prioritization for remediation or account opening requirements
Assisting with audits, escalations, and investigations on KYC issues as needed, and preparation of MIS
Strong knowledge of how Trusts, LLCs, Partnerships, Corporations, etc. are organized
Ability to work well under tight deadlines and time pressure for quick turnaround with a desire to go above and beyond to satisfy our clients with appropriate decision making skills
Knowledge of AML policies which govern banks; Know You Client policy guidelines; BSA, U.S.A. PATRIOT Act guidelines, etc.
Ability to reach out and work independently with cross-functional team members in a matrix and changing regulatory environment
Excellent interpersonal skills and strong verbal and written communication skills, collaborate and work well within a team of 5-6 reps
Working knowledge of Microsoft Office Suite with advanced knowledge of Excel a big plus (Macros, Pivots, Lookups, etc.) and Power Point, strong project management skills is a big plus too
Bachelor's degree required
Legal Degree preferred/a plus
Certifications & Licenses:
For candidates applying for positions in the US:
Deutsche Bank is an Equal Opportunity Employer