Accountable Client Owner (ACO) Support – Corporate Coverage

Job Title Accountable Client Owner (ACO) Support – Corporate

Coverage

Location London

Corporate Title Associate

The role focuses on client onboarding and regular reviews across various locations. The role provides regular communication to senior bank stakeholders on changes in KYC and Anti Financial Crime (‘AFC’) areas and ensures any changes required are implemented with minimum disruptions. The ACO support also assists the bank’s clients, managing all KYC and account opening requirements with appropriate governance and controls. They operate in an environment of strict adherence to Standard Operating procedures (‘SOP’s) to achieve accurate and timely account opening to help execute trades.

KYC and the completion of related tasks in line with regulatory standards and jurisdictions has become an integral part of our business. As ACO you will work with the Coverage Bankers of our multinational corporate clients to support them. You will be responsible for the coordination and completion of KYC tasks and processes for clients covered by your Coverage team(s).

What we’ll offer you

A healthy, engaged and well-supported workforce are better equipped to do their best work and, more importantly, enjoy their lives inside and outside the workplace. That’s why we are committed to providing an environment with your development and wellbeing at its centre.

You can expect: 

• Hybrid Working - we understand that employee expectations and preferences are changing. We have implemented a model that enables eligible employees to work remotely for a part of their working time and reach a working pattern that works for them

• 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

Your key responsibilities

• Completing KYC related subjects

• Effective Client Perimeter Management by supporting ACOs on feedback actions relating to KYC and portfolio reviews including monitoring of pipeline and cases at risk of being overdue/ off boarded

• Acting as a dedicated Corporate Coverage team representative for coordination with the central KYC Business

• Help execution Teams on KYC-related portfolio monitoring activities (including ensuring correct ACO allocations, supporting with Red-to-Green processes, reviewing of offboarding lists etcetera)

• Supporting ACOs on the Account Activity Reviews (AARs) process including coordinating supporting material to perform AARs and prepare and complete Expected Nature & Purpose of Relationship (ENPR) templates on behalf of ACOs and supporting with monitoring portfolio of NCAs

• Interacting with various locations globally and key stakeholders in case of incoming KYC-related requests based on sound understanding of Deutsche Bank’s global policies and operating principles as well as clients’ respective situation

Your skills and experience

• Educated to Bachelor’s degree level or equivalent qualification or relevant work experience

• KYC experience within the corporate financial services industry

• Experienced in client due diligence on various entity types including Multinational Corporate Clients, Funds and Special Purpose Vehicles (SPVs)

• Understanding of KYC, Sanctions and screening procedures, including the KYC documentation requirements and sources of information to retrieve KYC information

• Good oral & written communication skills to interact with senior management team & clients on regular basis.

How we’ll support you

• A culture of continuous learning to aid progression

• We value diversity and as an equal opportunities’ employer, we make reasonable adjustments for those with a disability such as the provision of assistive equipment if required (e.g. screen readers, assistive hearing devices, adapted keyboards)

Please note the expected salary for some roles may be below the minimum level requirements to support candidates who require a Skilled Worker visa to work in the UK. Should you already have a Skilled Worker visa and are identified for a role, we can discuss and support you with the process

About us

Deutsche Bank is the leading German bank with strong European roots and a global network. Click here to see what we do.

Deutsche Bank in the UK is proud to have been named in The Times Top 50 Employers for Gender Equality 2024 for five consecutive years. Additionally, we have been awarded a Gold Award from Stonewall and named in their Top 100 Employers 2024 for our work supporting LGBTQ+ inclusion.

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.