The German banking giant has made a number of appointments in the Channel Islands to its risk and compliance teams.

Deutsche Bank has made a series of senior appointments in the Channel Islands to strengthen its risk and compliance teams, the Frankfurt-listed firm said yesterday.

Andrew Trachy joins as head of risk management for Deutsche Asset and Wealth Management in the Channel Islands and Cayman Islands. Christine Jervier and Pippa Davidson have been appointed to senior compliance advisors for the bank’s compliance team.

Trachy is responsible for operational risk management, risk monitoring and reporting.  He will work with the bank’s compliance team to ensure integration between business risk management and the compliance function. His team also has secondary level oversight for liquidity, market, credit and reputational risk.

He previously worked at HSBC Private Bank, where he was deputy chief operating officer in the Channel Islands.       

Along with the compliance team, Jervier will provide primary compliance coverage for the bank’s corporate services, banking and investment divisions in Jersey and act as Deutsche Bank’s Money Laundering Reporting Officer.  

Jervier has worked for over 16 years in compliance in London and Jersey as a director with money laundering and compliance roles for Oppenheimer Europe Limited. As an Associate of the Chartered Institute of Securities & Investment and a member of the International Compliance Association, Jervier holds the International Diploma in Compliance.     

Davidson joins the German bank's compliance team from Fairway Fund Services.  She will provide the primary coverage for compliance-related matters with respect of Deutsche Bank’s fund business.  Davidson has significant experience in support, supervision and reporting for a wide range of funds across a number of asset classes and strategies, the bank said.     

“These recent senior appointments continue to enhance our control environment in the Channel Islands and reinforce our firm focus on creating a robust approach to risk at all levels and in all business areas,” said Paul Shevlin, chief operating officer, Deutsche Bank in the Channel Islands.