C&AFC - Head of Compliance and AFC, Thailand - Director

About the Role

Liaise closely with local branch Management (including Chief Country Officer and Chief Operating Officer) in managing the relationship with regulators. Provide Compliance advice (both AFC and Compliance related matter) and support to Country's stakeholders. Liaise closely with regional compliance to facilitate all regulatory matters (including inquiries, survey, offsite/onsite reviews, etc.) in adhering to local regulations/laws and regional/global policies and procedures. Facilitate any consultation on new regulations/risk topics with local regulators, in coordination with Government Regulatory Affair Department/Country Management. Facilitate and coordinate country policies and advise on Regulations in way that is consistent with the local regulations. Participate in local governance committees in corroboration with Country Management. Facilitate all licensing related matters, whether at Bank level or individual employees licensing (where applicable). Promotion of risk Culture with the Bank. Compliance Risk Assessment and Assurance. Compliance Training/Awareness Programme.

Key Responsibilities

• Responsible for all compliance issues in relation to Deutsche Bank's Vietnam activities by, among others, developing internal compliance policies, and facilitating or assist relevant stakeholders in adhering to regulatory, legal and/or the Group's requirement through advisory work, monitoring or training sessions
• Have a direct reporting line to Chief Country Officer and functional reporting line to the Regional Head of Markets and Deputy Head of Anti-Financial Crime - APAC
• Keep abreast of new products, as well as their implications for respective business areas
• Sign-off in the New Product Approval/New Transaction Approval and Vendor Risk Management process where appropriate
• Advise on the preparation of documentation for regulatory authorities
• Country Anti-Money Laundering Officer: Responsible for the implementation of the applicable Group Policies on AML, KYC, Sanctions & Embargoes
• Ensure that local guidelines and procedures are in line with local Anti-Money Laundering laws/regulations and the applicable German AML regulation
• Define within the local jurisdiction relevant policies and procedures
• Ensure that local AML regulatory requirements are reflected in the local KOPs
• Primary point of contact with local AML regulators and law enforcement authorities
• Responsible for the implementation of adequate monitoring – research/surveillance tool
• Decide on new or existing clients that are escalated, or decide to escalate further
• Track and follow up on the conditions that have been imposed as part of the KYC approval
• Follow-up with the Business on status of regular reviews/obtain relevant MIS from the Business
• Develop and maintain procedures and systems to ensure that unusual and suspicious transactions are reported to Group AML and to local authorities in accordance with local law
• Develop and carry out adequate controls to ensure that all applicable legal and regulatory AML requirements are being adhered to in their jurisdiction
• Provide input for Quarterly NCA/KYC Report and reports as requested by Global AML
• Responsible for the local AML Risk Analysis
• Responsible for discharging the responsibilities of AML/Compliance as set out under global KYC policies for divisions present in the jurisdiction
• Act as the Data Protection Officer (DPO) in accordance with DB Group Data Policy and relevant local data protection legislation
• Handle other ad hoc Compliance projects, duties, investigations or assigned from time to time

Qualifications

• At least 10 years of experience in banking legal and compliance areas of international banks or law firms
• Knowledge of banking products and services - especially in Foreign Exchange and Debt instruments, Securities Services/Custody, Trade Finance
• Regulatory Compliance and Anti Financial Crime knowledge and experience
• Good command of English both written and spoken
• Strong Risk Management skills, with good knowledge of local regulations/laws
• Have a good relationship with the local regulators
• Have a good knowledge of Compliance topics
• Excellent interpersonal and communication skills
• Have at least ten years' experience working for a bank in a senior position with leadership capabilities, and ability to manage a Team and influence/facilitate decision making process
• Bachelor's degree, preferred in Law, Banking, Economy or equivalent Business degree
• Strong analytical and problem-solving skills
• Performance orientated

Benefits

• Corporate Group Insurance – premium borne by company
• Provident Fund Scheme – employer & employee contributions
• Annual health checkup – cost borne by company (once a year; conditions apply)
• Flexible Work Arrangements – various ways to work, to fit employees' needs
• EAP – free and confidential counseling, online work-life resources
• Employee networks – Diversity, volunteering, - various activities to participate
• Primary caregiver & non primary caregiver leave – more than statutory requirement
• 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