# MLRO and Deputy Compliance Officer

**Company**: Deutsche Bank
**Location**: Riyadh
**Experience**: senior
**Job type**: full-time
**Category**: Finance
**Industry**: Finance

**Apply**: https://db.wd3.myworkdayjobs.com/en-US/DBWebsite/job/Riyadh/C-AFC---Deputy-Compliance-Officer---MLRO---DSSA--Associate-AVP_R0395206?utm_source=yubhub.co&utm_medium=jobs_feed&utm_campaign=apply
**Canonical**: https://yubhub.co/jobs/job_a3fac22d-c07

## Description

The MLRO and Deputy Compliance Officer is responsible for providing support to the business advisory team in their engagement with relevant business and/or infrastructure areas. They typically have daily interaction with key stakeholders and have a regional and/or country coverage. Where provision of advice is required, advice includes level 1 control advice and assisting with conducting level 2 controls and risk assessments.

In addition, the MLRO and Deputy Compliance supports the maintenance of relationships with other relevant areas of the function and/or works directly with subject matter experts and other teams from across the function.

**Responsibilities**

- Support senior management and employees of Deutsche Bank in understanding and managing:

- the application of Deutsche Bank’s ethical standards and professional principles

- general compliance with the relevant laws, rules, regulations, directives and Group standards

- the prevention and escalation of issues, incidents and breaches relating to Compliance

- cross-border compliance related matters

- Ensure implementation and maintenance of adequate compliance policies and procedures

- Report regularly to the relevant Deutsche Bank Country Operating Committee branch, Compliance Committee and Regulatory Authorities on Compliance matters

- Undertake and be actively involved in proactive and reactive management and escalation of all Compliance risk issues and breaches, for example, conducting risk assessments

- Monitor and test compliance with regulatory requirements and internal controls in accordance with agreed policy and methodology; report and manage any finding or issues, and support management in identifying remedial action plans

- Provide compliance support to relevant projects and new products by ensuring adherence to related standards, mitigation of associated risks

- Support in Compliance awareness initiatives

- Act as a direct contact point for local staff to confidentially concerns in relation to when improper or illegal activities are suspected

- Act as a contact point for SAMA and represent DB Riyadh in various regulatory committees along with other banks in Saudi Arabia

**AFC Responsibilities**

- Advising on and ensuring implementation of AFC policies and procedures

- Advising on the impact of new AFC related internal and external rules and ensuring that local guidelines and procedures are in line with the regulatory requirements

- Assessing the conformity of internal policies and procedures, systems and controls with relevant regulatory obligations and DB Group standards

- Reporting and liaising with Country Head to ensure appropriate reporting and escalation

- Helping in developing and maintaining the AFC related Internal Control Framework

- Complying with the requirements set by the AFC Global Controls Programme

- AML: Transaction Monitoring, STR Handling and Reporting, KYC (EDD, periodic reviews, QA)

- Sanctions: Monitoring local regulatory sanctions developments and notifying relevant changes and specifications and ensuring that the required controls are in place

- AF&I: Assisting the Country Head with respect to the responsibility for anti-fraud in country

- ABC: Helping in promoting AFC’s responsibility for ABC in country

**Requirements**

- Relevant AML / Compliance qualification from an internationally recognized body (such as ACAMS, ICA or local KSA equivalent)

- At least 3-5 years’ experience within AML/KYC / Compliance domains within a KSA regulated bank (SAMA) or financial institution (CMA). CMA experience is preferred

- Strong knowledge of the CMA relevant AML, CFT, CMA Regulatory rulebooks

- Fluency in English and Arabic

- KSA National

- Should be assertive, analytical, organized and flexible

- Strong organization and prioritization skills, profound decision making skills

- Strong analytical skills and solution-oriented problem solving

- Strong inter-personal skills, excellent communication skills and ability to work in virtual global teams and a matrix organization

**Benefits**

- Life Insurance

- Accidental Death Insurance

- Permanent Partial Disability Insurance

- Private Medical Insurance for you, your spouse and dependent children

- Flexible working arrangements

- 30 days of annual paid leave, plus public holiday & Flexible Working Arrangement

- DB contributions to Employee Workplace Savings "Gosi" plan (for Saudi nationals only)

## Skills

### Required
- AML
- Compliance
- KYC
- Arabic
- English

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Source: [Apply at db.wd3.myworkdayjobs.com](https://db.wd3.myworkdayjobs.com/en-US/DBWebsite/job/Riyadh/C-AFC---Deputy-Compliance-Officer---MLRO---DSSA--Associate-AVP_R0395206?utm_source=yubhub.co&utm_medium=jobs_feed&utm_campaign=apply)