Job position overview:

Onboarding Specialist is a key first line of defense within a business line from a service and risk management perspective.
Supports the Wealth Management business for Middle East Africa, Global South Asia and the Business Management team.

The role holder will work closely with the local team of Business Heads, Relationship Managers (RM), Compliance, Legal, Anti Financial Crime (AFC), Service Executives and Business Management Team. In addition, the role holder will work with the stakeholders (including the Onboarding Specialists, Operations, Compliance and AFC) at the relevant Booking Centres. The position will support the Onboarding/Business Management team in primarily client onboarding and reviews, MIS reporting and client document archiving.

Why Join Us

Whether you are an experienced professional exploring new opportunities and challenges or an enthusiastic graduate, we offer a wide range of career choices and roles in a dynamic international organisation.

Join a global team, work with over 40 nationalities, where you can enhance your skills, develop your knowledge, and have the privilege of continuous growth through comprehensive learning and development programs.

Responsibilities:

• Responsible for end to end on-boarding new clients and periodic/event-driven review of existing clients in a quality and timely manner.
• Liaise effectively with client-facing teams (local & Booking Centre); provide strategic guidance as needed around preparation of client documentation, account opening policies, processes and KYC/AML standards.
• Conduct due diligence with respect to new and existing relationships for the enforcement of controls associated with Know Your Client (KYC) governing documentation for various account types – individuals, legal entities and Anti Money Laundering (AML) regulatory requirements.
• Conducting research on new and existing clients, obtaining information from public sources, screening natural persons/entity names against sanctions, adverse news and politically exposed person lists from the applicable systems.
• Collect and corroborate KYC/AML related documentation wherever possible to perform required due diligence to meet Local Regulatory and DB policy requirements.
• Escalate due-diligence findings/suspicious activity to Senior Management and Compliance/AFC as applicable.
• Preparation of comprehensive account opening pack for Business/Compliance/AFC/SEO/BSM sign-offs with the necessary onboarding assessments.
• Central point of contact for the Front Office and internal stakeholders (Documentation Unit, AFC/Compliance, Legal and Middle Office Operations) concerning client on-boarding queries and status updates until final client adoption/review locally and at the respective Booking Centres.
• Participate in Onboarding Team meetings to remain current and thorough on operational processes, services and Firm’s systems/applications as applicable in DB DIFC and Booking Centres.
• Maintain DB DIFC Client database with required information.
• Ensure a client document archiving is current and completed without extended overdue timelines.
• Ensure adequate support is rendered during regulatory and internal audits.
• Support any remediation or business related projects emanating locally or from the Booking Centre along with Business partners – Business Heads, Relationship Managers, Onboarding Specialists, Service Assistants and ensure completion before stipulated deadlines.

Qualifications

• Arabic speaking (preferred).
• Advanced MS Excel and analytical skills (preferred).

Company

Deutsche Bank is an equal opportunity employer who seeks to recruit and appoint the best available person for a job regardless of marital / civil partnership status, sex (including pregnancy), age, religion, belief, race, nationality and ethnic or national origin, colour, sexual orientation or disability.

We guarantee that your application will remain anonymous and be treated confidentially.
Please let us know if you require any adjustments to enable you to apply or attend an interview. If you would like to discuss your requirements, or have any concerns about the application process, please contact your recruiter.
Our values define the working environment we strive to create – diverse, supportive and welcoming of different views. We embrace a culture reflecting a variety of perspectives, insights and backgrounds to drive innovation. We build talented and diverse teams to drive business results and encourage our people to develop to their full potential. Talk to us about flexible work arrangements and other initiatives we offer.
We promote good working relationships and encourage high standards of conduct and work performance. We welcome applications from talented people from all cultures, countries, races, genders, disabilities, beliefs and generations and are committed to providing a working environment free from harassment, discrimination and retaliation.

Location: Dubai DIFC
DB Legal Entity: Deutsche Bank AG, Dubai (DIFC)
Full / Part time: Full time
Permanent / Temporary: Permanent
Corporate Title: Associate
Reporting Line to: Team Head

Benefits & Wellbeing

Work-life balance

A healthy work-life balance is essential in sustaining a meaningful career. With a range of benefits including flexible time management, we provide the tools you need to manage professional and personal commitments.

Home office flexible work time
We support flexible working, whether that’s working from home, flexible working hours or even part-time working. However, it is important to note that opportunities will vary depending on your particular role.

Annual leave & more
Every employee is entitled to 30 days annual leave per annum. Additionally, paid leave will be granted for special events including, wedding/civil partnerships, compassionate leave, paternity leave or when you’re caring for a sick child. On top of the statutory 36 months of parental leave (Germany), Deutsche Bank offers an extra six months of parental leave – providing you have been with us for more than three years.

Support & Counselling
Whether you need professional help or personal advice: Deutsche Bank offers a comprehensive support network ranging from career advice, mental health support, assistance in finding childcare or social care for the elderly.

Health

We are committed to fostering a sustainable work environment that focuses on financial, social, mental and physical wellbeing. With benefits such as preventative health measures, health insurance, sick pay and opportunities to stay physically fit, we believe that we can make a positive contribution towards your overall wellbeing.

Health insurance
You can choose between statutory or a range of private health insurance options. Our statutory health insurance ‘Betriebskrankenkasse BKK’ is available exclusively to Deutsche Bank employees and their families. Aside from shorter waiting times for appointments, BKK provides access to expert medical consultations over the phone and regular health checks.

Health Check & Eye Test
All of our people aged 40 and above, are eligible for a health screening every three years; and for our people over 50, it’s every two years. If you work in front of a screen, you’ll receive an annual eye test and up to €200 towards the cost of a pair of glasses.

Sick pay
Beyond statutory sick pay, Deutsche Bank will also cover the difference between your net salary and the statutory sickness benefit allowance. The duration of the sick pay will be dependent on the number of years you’ve worked with us.

Rewards and everyday benefits

We are dedicated to providing you with the maximum financial security we can offer – from special savings schemes to subsidised public transport, we want you to make the most of your finances. In addition to competitive compensation, you’ll enjoy a range of benefits that will help you to thrive.

There is a range of everyday rewards and benefits that are eligible to our people, ranging from commercial discounts, travel insurance, company car and travel season tickets. These benefits and rewards are dependent upon role, and location, and we advise you to research your eligibility on our internal page, HR Connect.

Pension

We understand that pensions can be a dry topic; however here at Deutsche Bank, we are dedicated to simplifying the complexities, so that all of our people can enjoy their lives beyond work. To provide a great foundation for your future, we provide our people with a comprehensive pension scheme that delivers all the security and all the flexibility you need.

Deutsche Bank is an equal opportunity employer who seeks to recruit and appoint the best available person for a job regardless of marital / civil partnership status, sex (including pregnancy), age, religion, belief, race, nationality and ethnic or national origin, colour, sexual orientation or disability.

Our values define the working environment we strive to create – diverse, supportive and welcoming of different views. We embrace a culture reflecting a variety of perspectives, insights and backgrounds to drive innovation. We build talented and diverse teams to drive business results and encourage our people to develop to their full potential. Talk to us about flexible work arrangements and other initiatives we offer.

We promote good working relationships and encourage high standards of conduct and work performance. We welcome applications from talented people from all cultures, countries, races, genders, disabilities, beliefs and generations and are committed to providing a working environment free from harassment, discrimination and retaliation.

Additional Requirements

• Analytical skills
• Advanced MS Excel
• Arabic speaking (preferred)