Kyc/abr (Cm)

**Job Title: KYC/ABR (CM)**

**Location: Mumbai, India**

**Role Description**

**About Deutsche Bank**:
Deutsche Bank is the leading German bank with strong European roots and a global network. We’re driving growth through our strong client franchise. Against a backdrop of increasing globalization in the world economy, Deutsche Bank is very well-positioned, with significant regional diversification and substantial revenue streams from all the major regions of the world. We serve our clients’ real economic needs in commercial banking, investment banking, private banking and asset management. We are investing heavily in digital technologies, prioritizing long term success over short-term gains, and serving society with ambition and integrity. All this means a career packed with opportunities to grow and the chance to shape the future of our clients.

**International Private Bank **is one of the preeminent private banks in the Eurozone and for family entrepreneurs worldwide. It serves around 3.4 million clients, including private clients and small and medium-sized enterprises (SMEs) in Italy, Spain, Belgium and India, and wealth management clients from more than 80 locations in Germany, the rest of Europe, the Middle East and Africa (EMEA), Asia-Pacific and the Americas.

The business has around 250 billion euros of assets under management and a combined revenue of approximately 3 billion euros. It offers high-net-worth (HNW) and ultra-high net-worth (UHNW) clients a broad range of traditional and alternative investment solutions, as well as comprehensive advice on all aspects of wealth management. Additionally, in Italy, Spain, Belgium and India it offers a comprehensive range of products including investment and insurance products, deposits, checking accounts, cards and other payment services as well as credit and business banking products.

**What we’ll offer you**

As part of our flexible scheme, here are just some of the benefits that you’ll enjoy
- Best in class leave policy
- Gender neutral parental leaves
- 100% reimbursement under childcare assistance benefit (gender neutral)
- Sponsorship for Industry relevant certifications and education
- Employee Assistance Program for you and your family members
- Comprehensive Hospitalization Insurance for you and your dependents
- Accident and Term life Insurance
- Complementary Health screening for 35 yrs. and above

**Your key responsibilities**:

- Client Data Collection, Documentation & Maintenance as part of new adoption / during periodic reviews.
- Should also know the due diligence required to establish the correctness/validity of documents
- Know your client verification checks
- Risk categorization reviews for clients as per the regulatory requirements with knowledge of enhanced due diligence required while adopting High Risk clients
- Liaise with different stakeholders to manage work pipeline effectively
- Key responsibilities of this role would include:

- Ability to understand complex ownership structures - especially for non-traditional WM clients such Charities, Foundation, Trusts, Private Equity Funds and also Private Investment Companies (PIC),
- Detailed initial review of KYC file, identifying gaps in the Front Office submissions and clearly articulating why the submitted files meet (or do not meet) KYC and regulatory requirements
- Understanding the various sources of wealth generation for the client and analysing the information
- Ensuring that cases are prioritised and managed effectively and consistently in line with the agreed process and deadlines
- Independent and proactive liaison with Front Office and Anti Financial Crime function to ensure full transparency and improve turn-around times
- Perform name screening of clients and related parties to identify politically exposed persons, sanctioned persons, adverse media and mitigate risks associated with financial crimes
- Escalate high priority client / business issues in a timely manner to protect the franchise and the client business

**KYC Checker Day function **s
- Review pipeline of clients assigned to manage book of work effectively
- From the KYCs assigned, pick clients which are coming due and high revenue generators for the bank
- Detailed initial review of KYC file, identifying gaps in the Front Office submissions and clearly articulating why the submitted files meet (or do not meet) KYC and regulatory requirements
- Check risk categorization reviews for clients as per the regulatory requirements with knowledge of enhanced due diligence required while reviewing High Risk clients
- Ensure that sources of wealth generation are clearly documented on the KYC with supporting evidences
- Check and confirm if a review of the client’s portfolio was done by Front Office along with account activity
- Ensure that all senior management approvals are sought and documented on the KYC
- Independent and proactive liaison with Front Office and Anti Financial Crime function to ensure s