At a Glance
- Tasks: Support KYC due diligence and improve client onboarding processes.
- Company: Join Deutsche Bank, a global leader in banking with a commitment to diversity and inclusion.
- Benefits: Enjoy hybrid working, competitive salary, 30 days holiday, and flexible perks.
- Why this job: Be part of a culture that values innovation, collaboration, and social impact.
- Qualifications: Experience in banking, KYC compliance, and strong change management skills required.
- Other info: Deutsche Bank is recognised for its commitment to gender equality and LGBTQ+ inclusion.
The predicted salary is between 36000 - 60000 £ per year.
This job is with Deutsche Bank, an inclusive employer and a member of myGwork – the largest global platform for the LGBTQ+ business community.
Position Overview
Deutsche Bank is a client-centric global bank. One that is leading change and innovation in the industry – championing integrity, sustainable performance and innovation with our clients, and redefining our culture and relationships with each other. Deutsche Bank’s Client Lifecycle Management (CLM) team is a global, cross divisional function, the primary role of which is to perform Know Your Client (KYC) due diligence activities for new clients, while periodically reviewing and updating existing client relationships meeting internal KYC policy and procedures standards, and external regulatory requirements.
You will be a member of the Business Execution Team and will report directly into the Europe, Middle East & Africa (EMEA) Head of the Origination & Advisory (O&A) Business execution team.
What we’ll offer you
- Hybrid Working - we understand that employee expectations and preferences are changing. We have implemented a Hybrid Working 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
- Act as senior subject matter expert (SME) support for policy/regulatory and legal requirements for the O&A business.
- Provide assessment aligned to product and client to understand Deutsche Bank Risk.
- Support the team in their proactive management and governance of the day-to-day pipeline across the United Kingdom on-boarding function, remove blockers and issues using SME knowledge.
- Through data analysis review the root cause analysis of missing trades and through strong SME experience identify change and process engineering opportunities. Work with the business to ensure they understand the opportunities to improve process and partnership.
- Link in with policy and change programs to proactively resolve and drive change to improve overall turnaround times across New Client Adoption (NCA).
- Drive change into the operational teams through a strong understanding of the policy/ business/ operational landscape.
Your skills and experience
- Extensive banking/financial services experience, including supervisory/management experience and KYC/Compliance experience.
- Understanding of Control, Compliance and Investigation functions in the banking industry and of the end to end KYC and client onboarding processes.
- Understanding of the front to back on boarding function. Experience of working in offshore locations across NCA and Periodic Review.
- SME knowledge of Markets/ Corporate Finance and Global Transaction Banking (GTB) business lines. Evidencing a clear understanding of how KYC policies influence those product areas.
- Evidence of a strong change background and ability to drive and deliver process efficiency at a senior level.
How we’ll support you
- 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.
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 (for example, screen readers, assistive hearing devices, adapted keyboards).
About us
Deutsche Bank is the leading German bank with strong European roots and a global network. 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. Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group. We welcome applications from all people and promote a positive, fair and inclusive work environment.
Transactional Coordinator employer:
Contact Detail:
Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Transactional Coordinator
✨Tip Number 1
Familiarise yourself with Deutsche Bank's values and culture. Understanding their commitment to diversity and inclusion, especially regarding LGBTQ+ initiatives, can help you align your application and conversations with their ethos.
✨Tip Number 2
Network with current or former employees of Deutsche Bank, particularly those in the Client Lifecycle Management team. They can provide insights into the role and the company culture, which can be invaluable during interviews.
✨Tip Number 3
Stay updated on the latest trends and regulations in KYC and compliance within the banking sector. Demonstrating your knowledge of current issues can set you apart as a candidate who is proactive and informed.
✨Tip Number 4
Prepare specific examples from your past experience that showcase your ability to drive change and improve processes. Highlighting your achievements in similar roles will help illustrate your fit for the Transactional Coordinator position.
We think you need these skills to ace Transactional Coordinator
Some tips for your application 🫡
Understand the Role: Before applying, make sure to thoroughly read the job description for the Transactional Coordinator position at Deutsche Bank. Understand the key responsibilities and required skills, particularly around KYC and compliance, as this will help you tailor your application.
Tailor Your CV: Customise your CV to highlight relevant experience in banking, financial services, and KYC processes. Use specific examples that demonstrate your expertise and how it aligns with the responsibilities outlined in the job description.
Craft a Compelling Cover Letter: Write a cover letter that not only expresses your interest in the role but also showcases your understanding of Deutsche Bank's values and culture. Mention your experience with change management and process efficiency, as these are crucial for the position.
Highlight Your Soft Skills: In your application, emphasise soft skills such as teamwork, communication, and problem-solving. These are essential for the collaborative environment at Deutsche Bank, especially when working within the Client Lifecycle Management team.
How to prepare for a job interview at
✨Understand KYC and Compliance
Make sure you have a solid grasp of Know Your Client (KYC) processes and compliance regulations. Be prepared to discuss how these impact the banking industry and share any relevant experiences you've had in this area.
✨Showcase Your Change Management Skills
Highlight your experience in driving process improvements and change management. Be ready to provide examples of how you've successfully implemented changes in previous roles, especially in relation to operational efficiency.
✨Demonstrate Your Subject Matter Expertise
As a senior subject matter expert, you should be able to articulate your knowledge of the banking sector, particularly in Markets, Corporate Finance, and Global Transaction Banking. Prepare to discuss specific challenges and solutions you've encountered in these areas.
✨Emphasise Team Collaboration
Deutsche Bank values teamwork, so be sure to convey your ability to work collaboratively. Share examples of how you've effectively partnered with others to overcome obstacles and achieve common goals in your previous roles.