We propose a realistic scheme to construct anomalous Floquet Chern topological insulators using spin-1/2 particles carrying out a discrete-time quantum walk in a two-dimensional lattice. By Floquet engineering the quantum-walk protocol, an Aharonov-Bohm geometric phase is imprinted onto closed-loop paths in the lattice, thus realizing an abelian gauge field---the analog of a magnetic flux threading a two-dimensional electron gas. We show that in the strong field regime, when the flux per plaquette is a sizable fraction of the flux quantum, magnetic quantum walks give rise to nearly flat energy bands featuring nonvanishing Chern numbers. Furthermore, we find that because of the nonperturbative nature of the periodic driving, a second topological number---the so-called RLBL invariant---is necessary to fully characterize the anomalous Floquet topological phases of magnetic quantum walks and to compute the number of topologically protected edge modes expected at the boundaries between different phases. In the second part of this article, we discuss an implementation of this scheme using neutral atoms in two-dimensional spin-dependent optical lattices, which enables the generation of arbitrary magnetic-field landscapes, including those with sharp boundaries. The robust atom transport, which is observed along boundaries separating regions of different field strength, reveals the topological character of the Floquet Chern bands.
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