Description
Deutsche Bank is committed to maintaining the highest standards of compliance, governance, and financial crime risk management. The Compliance and Anti-Financial Crime (AFC) functions play a critical role in protecting the Bank's license to operate by promoting adherence to regulatory requirements, supporting sound risk management, and fostering a culture of integrity and accountability.
You will perform the Senior Management Function (SMF17) Money Laundering Reporting Officer (MLRO) for Deutsche Bank UK Bank Limited. In this highly visible leadership role, you will be responsible for the oversight and management of the UK Private Bank Compliance and AFC frameworks, providing independent second-line oversight, challenge, and advice across regulatory compliance, conduct, and financial crime risks.
Key Responsibilities:
- Lead the UK Private Bank Compliance and Anti-Financial Crime functions, setting strategic direction and priorities aligned to regulatory expectations, business strategy, and risk appetite.
- Act as the SMF17 (Money Laundering Reporting Officer) for Deutsche Bank UK Bank Limited, subject to regulatory approval.
- Advise and support the Private Bank UK business regarding regulatory obligations, conduct risk, financial crime risk, and emerging regulatory developments.
- Provide effective oversight and challenge of business activities, products, services, and strategic initiatives from a Compliance and AFC perspective.
- Oversee Compliance and Financial Crime Risk assessment activities, monitoring programmes, governance arrangements, and remediation activities.
Benefits:
- Hybrid Working
- Competitive salary and non-contributory pension
- 30 days' holiday plus bank holidays, with the option to purchase additional days
- Life Assurance and Private Healthcare for you and your family
- A range of flexible benefits including Retail Discounts, a Bike4Work scheme, and Gym benefits
- The opportunity to support a wide-ranging CSR programme + 2 days' volunteering leave per year
Requirements:
- Currently hold, or have previously held, a UK SMF17 role, or demonstrate equivalent senior leadership experience within a regulated financial services environment.
- Demonstrate sufficient breadth of experience, technical expertise, leadership capability, and regulatory credibility to support approval for, and effective performance of the SMF17 function.
- Extensive knowledge of the UK regulatory environment, including FCA and PRA expectations applicable to banking and wealth management businesses.
- Strong understanding of regulatory compliance frameworks, conduct risk management, and financial crime risk management.