Sanctions & Embargoes Americas Transaction Review Desk Support - Assistant Vice President
Sanctions & Embargoes Americas Transaction Review Desk Support - Assistant Vice President
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$ 85000 - 120750
1 Vacancy
Job Description
Job Description:
Job Title Sanctions & Embargoes Americas Transaction Review Desk Support
Corporate Title Assistant Vice President
Location New York / Jacksonville
Overview
The Sanctions & Embargoes program is aimed to ensure that Deutsche Bank Group and its staff fully comply with all applicable sanctions and embargoes. For this purpose Deutsche Bank established a global organization with dedicated rights and responsibilities. Deutsche Banks Sanctions & Embargoes Program has been implemented globally and throughout all business divisions via the Embargo Policy Deutsche Bank Group and the Special Risk Country Policy Deutsche Bank Group.
What We Offer You
A diverse and inclusive environment that embraces change innovation and collaboration
A hybrid working model allowing for inoffice / 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 Youll Do:
Conduct indepth investigations on escalated sanctions alerts that have already passed initial triage stages supporting Deutsche Bank in mitigating legal regulatory and reputational risks. Analyze the nature and context of matches against applicable sanctions lists such as OFAC UN EU and UK HMT.
Assess client relationships transactions counterparties and associated risk factors. Make final decisions on the disposition of each alert including block reject report or allow under license. Document all assessments with detailed rationale to ensure compliance and audit traceability.
Apply global sanctions regimes including OFAC UN EU and OFSI to payment messages. Decide whether to Block/Report to OFAC or release payments and escalate significant issues within AntiFinancial Crimes ensuring all client risk assessments align with internal policies and external regulatory obligations.
Monitor regional regulatory developments ensuring significant events impacting Deutsche Bank are addressed. Interface with client service officers on transactionrelated requests ensuring full compliance with sanctions regulations and Deutsche Bank policies.
Manage and maintain internal watch lists coordinating with Regulatory Filtering Operations for timely and accurate implementation. Maintain records in an accurate and auditable format and fulfill sanctions reporting obligations to competent authorities.
Conduct enhanced due diligence and investigations responding to law enforcement regulatory or internal inquiries. Report risks related to your responsibilities and any incidents to the Head of Sanctions Compliance.
Skills Youll Need:
BA/BS required JD/Masters preferred. Strong foundational knowledge in sanctions compliance with experience in Advisory roles considered beneficial. Advanced knowledge of global sanctions regimes including OFAC UN Security Council European Union and United Kingdom HMT with additional regimes as relevant.
Proven ability to interpret and apply complex sanctions laws in realworld client and transactional scenarios. Comfortable using sanctions screening and case management tools like Fircosoft WorldCheck One and Actimize.
Ability to assess and manage sanctions risks for new clients products or geographies. Experience drafting guidance and procedures related to sanctions compliance with expertise in identifying direct and indirect sanctions risks such as ownership/control rules and sectoral sanctions.
Comprehensive understanding of global sanctions regimes capable of making final decisions on sanctions matters including blocking reporting to OFAC or releasing payments as part of the L3 Alerts Intelligence & Investigation/Advisory team.
Demonstrated ability to conduct enhanced due diligence and investigations with strong documentation reporting and stakeholder communication skills ensuring a proactive approach to identifying and mitigating risks.
Skills That Will Help You Excel:
Strong selfstarter and problem solver with the ability to influence management and adhere to deadlines. Team player with initiative highly organized and detailoriented.
Strong analytical drafting and communication skills. Ability to work across geographic and cultural boundaries prioritizing requirements and delivering quality execution in a fastpaced environment.
Mandatory adherence to Federal Reserve timeframes with flexibility for extended hours when necessary. The L3 Officer is accountable for final disposition decisions related to sanctions alerts and client sanctions exposure.
Expectations
It is the Banks expectation that employees hired into this role will work in the New York office in accordance with the Banks hybrid working model.
Deutsche Bank provides reasonable accommodations to candidates and employees with a substantiated need based on disability and/or religion.
The salary range for this position in New York City is $85000 to $120750 and for Jacksonville is $75000 to 110750. Actual salaries may be based on a number of factors including but not limited to a candidates skill set experience education work location and other qualifications. Posted salary ranges do not include incentive compensation or any other type of remuneration.
Deutsche Bank Benefits
At Deutsche Bank we recognize that our benefit programs have a profound impact on our colleagues. Thats why we are focused on providing benefits and perks that enable our colleagues to live authentically and be their whole selves at every stage of life. We provide access to physical emotional and financial wellness benefits that allow our colleagues to stay financially secure and strike balance between work and home. Click here to learn more!
Learn more about your life at Deutsche Bank through the eyes of our current employees: California Consumer Privacy Act outlines how companies can use personal information. If you are interested in receiving a copy of Deutsche Banks California Privacy Notice please email.
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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.
We are an Equal Opportunity Employer Veterans/Disabled and other protected categories. Click these links to view the following notices:EEOC Know Your Rights;Employee Rights and Responsibilities under the Family and Medical Leave Act;Employee Polygraph Protection ActandPay Transparency Nondiscrimination Provision.
Required Experience:
Chief
Employment Type
Full-Time
