Business Analyst

Recruiter
Alexander Mann Solutions (Contingent)
Location
London, United Kingdom
Salary
Competitive
Posted
05 Jul 2022
Closes
08 Jul 2022
Ref
15702102
Job Function
Banking
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
Our client, Deutsche Bank, is a global banking business with strong roots in Germany and operations in over 70 countries. Their large but focused footprint gives them an established position in Europe plus a significant presence in the Americas and Asia Pacific. Deutsche Bank offer their clients commercial and investment banking, retail banking and transaction banking as well as ground-breaking asset and wealth management products and services.

On behalf of Deutsche Bank, AMS are now looking for a Business Analyst to work in their AFC Modelling team based in London on a PAYE basis.

Overview:

AFC Modelling UK is responsible for developing and optimising methods and models to monitor clients' transactional behaviour that aligns with the bank's risk appetite, identifying systemic transactional threats to proactively combat financial crime matters, and support Financial Crime Investigation team from data and analytic needs.

Reporting to the Lead Business Analyst, AFC Modelling UK, the Vice President - Senior Business Analyst is accountable for assessing AML risks linked to client activity - by owning key deliverables in the Scope of Monitoring (SoM) exercise to determine the perimeter of what should be covered by Transaction Monitoring (TM).

Key responsibilities:
  • Own key deliverables for an annual SoM exercise across multiple lines of business (including correspondent banking, retail, commercial, brokerage, and trade finance) and multiple TM systems (Mantas and Smaragd) to ensure that all transactions and account types across UKI that should be monitored are being monitored.
  • Own key artefacts for the IB TM change project as required, assisting the existing SMEs in the team as needed to achieve global deliverables.
  • Ensure that the monitoring perimeter is identified and documented (transactions types, trades and account types), including a fully-documented understanding of exclusion & transformation logic within the TM Perimeter by line of business for UKI, identify and document any gaps, and develop a prioritised plan for remediation.
  • Link the SoM work with the annual RTCA across those same lines of business and TM systems to identify coverage gaps in current state TM to address the key ML/CTPF risks inherent in the products and services offered by the Bank and to propose recommendations for closing observed gaps.
  • Ensure sound TM risk coverage, and data quality completeness and integrity.
  • Engage risk and audit partners to ensure ongoing review and transparency is achieved.
  • Where required, attend appropriate governance forums and provide appropriate input.
  • Perform data quality issue root-cause analysis and data remediation activities.
  • Coordinate and communicate across TM governance forums.
  • Manage internal and external stakeholders.
  • Act as an SME in AFC Modelling technology-related projects.

Skills and Qualifications:
  • At least 5 years of direct experience in Financial Crime Compliance, Risk Assessment or Quality Assurance in Financial Services, Banking or Regulatory environment.
  • Proven track record of delivering quality output (technical documentation, presentations, communications, etc.) in a clear, structured and comprehensive way and in a timely manner.
  • Experience in dealing with regulators, monitors, and internal & external audit.
  • Proven analytical, judgment and research skills.

Deutsche Bank's Values:

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, sexual orientations, disabilities, beliefs, and generations and are committed to providing a working environment free from harassment, discrimination and retaliation.

Please note that for the duration of this assignment you will be working as an external resource engaged by AMS based on site at Deutsche Bank

AMS's payroll service is in partnership with Giant, we have worked with them for many years and have good processes in place to ensure you get the best service. If you are successful in your application for this role, your contract will be via Giant. For more information on Giant.

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