Director - Due Diligence

Job Title: Director - Due Diligence

Location: Bangalore

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 child care assistance benefit (gender neutral)
• Flexible working arrangements
• 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

Position Specific Responsibilities and Accountabilities

• Understanding of the end to end KYC process and data across multiple client types - 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.

• Provide SME guidance on interpretation and application of banks internal KYC policies and global regulations related to tax and money laundering.
• Liaise with key internal stakeholders across the bank - Anti Financial Crime (AFC), Compliance, Business, Onshore counterparts and Technology.
• Ownership and resolution of issues raised by Audit, Quality Assurance and Risk & Control teams.
• To ensure timely execution of requests raised and deliver within the TAT
• Translate goals and policies set by COB globally to departmental strategy, business and action plans; see to it that these are carried through and realized.
• Competency in managing escalations from Onshore counterparts
• Develop initiatives to optimize responsibilities the effectiveness, efficiency, quality, customer satisfaction and safety.
• Provide relevant input to senior management for budget setting; manage the given departmental budget and see to it that it is realized
• Optimize work processes and procedures and ensure a stable and workable quality and administrative system, taking into account relevant guidelines, both internally and externally and deliver the BE related objectives laid by the organization
• Guide, supervise, motivate, develop and reward employees so that their performance related to the department’s and company’s strategy is optimised in the short and long term.
• Identify opportunities to optimize capacity and increase efficiencies Imbibe and propagate firm’s KYC / AML and Ref Data policies and procedures as well as systems and technology used to record the information & documents
•  Build strong partnership across groups – global teams and key business partners, business support groups, peers and other lines of businesses
•  Maintain strict discipline and rigor around error tracking, analysis, feedback, knowledge management, training, updating of operating procedures
•  Inculcate absolute adherence to the business and firm wide Risk/Controls agenda, work closely with the Risk team for periodic assessments of risks & controls and timely closure of identified control issues
• Demonstrates ability to manage a department or function managing large and complex activities and processes
• Demonstrates deep knowledge, expertise and experience of legal and regulatory requirements, control frameworks, operational processes and policies across the business
• Is recognised internally and externally as a subject matter expert in operational management and strategy
• Interprets and assures implementation of appropriate strategies to ensure compliance with legal and regulatory requirements
• Provides thought leadership and draws on internal and external best practice, plans and delivers significant operational change and development, actively fostering a continuous improvement culture
• Builds and maintains effective relationships between third party providers, suppliers and partners, managing the contractual framework in the context of a changing internal requirement, with the objective of continuous improvement
• Utilises industry knowledge and experience in applying business
• Lead franchise wide activities within CLM

People Management

• Supports the development of an environment where people management and development is the number one priority. Coaches direct reports and others in the organisation, as appropriate
• Actively supports the business strategy, plans and values, contributing to the achievement of a high performance culture
• Takes ownership for own career management, seeking opportunities for continuous development of personal capability and improved performance contribution
• Acts as a role model for new employees, providing help and support to facilitate early integration and assimilation of their new environment
• Supports tough people decisions to ensure people performance is aligned with organisation imperatives and needs. Addresses individual performance issues, where necessary, to drive for high performance

Experience/ Exposure

• 12-15 Years of relevant work experience in the Banking/Finance industry. (AML/KYC/compliance related experience is preferred)
• Meduim to large scale organizaiton / team management
• Knowledge of Control, Compliance, Investigation/chasing functions in banks
• Knowledge of AML/KYC regulations and industry guidelines (FSA, JMLSG, 3rd EU Money Laundering Directive, MiFID)
• Good in identifying trends and inconsistencies
• Good understanding of end to end KYC process
• Excellent communication skills (able to work with all levels within the organisation).
• Proficient knowledge of English
• Excellent writing and presentation skills
• Excellent interpersonal skills
• Experience in working with global, multi-region initiatives and teams
• The candidate will need to be able to multi-task and work in a fast-paced environment, and to be able to handle frequently changing business priorities.
• Highly organised, efficient, and able to work without always being directed (self starter)
• Able to effectively organize and prioritize their day while managing the expectations of stakeholders.
• Highly proficient in MS Word, Excel, and PowerPoint
• Able to display sound judgment and escalate issues appropriately
• Able to structure information and presentations that supports the message
• Able to work in a virtual team

How we’ll support you

• Training and development to help you excel in your career
• 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

About us and our teams

Please visit our company website for further information:

https://www.db.com/company/company.htm

We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively.