Business and Functional Analyst – Transaction Monitoring

Job Title Business and Functional Analyst – Transaction Monitoring

Location London

Corporate Title Assistant Vice President

Deutsche Bank benefits from having a highly experienced and dedicated Anti Financial Crime (AFC) function, which performs a crucial role in keeping Deutsche Bank’s business operations and global financial services clean from financial crime while serving the interests of the Bank and society. Our regional/global matrix structure allows for flexible responses to challenges in the core areas of: Anti-Money Laundering, Sanctions & Embargoes, Anti-Fraud, Bribery & Corruption, Investigations & Intelligence, Monitoring & Screening, and Risk Assessment.

Our AFC Team will provide you with opportunities to learn, grow and define your career. We foster an open, diverse, and inclusive team culture, that is engaged and well-supported for prosperity and enjoyment of a life/work balance.

The objective of Anti-Financial Crime Modelling United Kingdom (AFC-M UK) team is to support the AFC function by identifying money laundering risks resulting from financial crime via automated transaction monitoring and associated analytics, thus safeguarding the integrity and success of Deutsche Bank.

You will be responsible for assisting the team in instituting measures for the prevention of money laundering, the combating of the financing of terrorism, the observance of financial and trade sanctions and the fighting of other criminal activities including the combating of corruption and bribery.

What we’ll offer you

A healthy, engaged, and well-supported workforce are better equipped to do their best work and, more importantly, enjoy their lives inside and outside the workplace. That’s why we are committed to providing an environment with your development and wellbeing at its centre.

Hybrid Working

We understand that employee expectations and preferences are changing. We have implemented a Hybrid Working Model that enables employees to reach a working pattern that works for them. Eligible employees have the opportunity to work from the office and remotely from home (subject to the role’s eligibility).

You can expect:

• 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

• Liaising with different AFC functions, AFC Information Technology (IT) and business stakeholders to identify, elicit and document business requirements, functional process flows and key operating procedures

• Working with colleagues to ensure alignment of the Transaction Monitoring (TM) systems with target internal and external requirements

• Support a detailed annual Scope of Monitoring exercise across multiple lines of business (including correspondent banking, retail, commercial, brokerage, and trade finance) and multiple TM systems (Actimize, Mantas and Smaragd) to ensure that all in scope transactions and account types across United Kingdom & Ireland (UKI) are being monitored

• Performing key analysis to support TM and system optimisation

• Liaise with and manage key stakeholders in AFC and other business areas

• Performing data quality issue root-cause analysis and data remediation activities including the ability to write and execute technical testing for solutions specified

Your skills and experience

• Knowledge and understanding of Anti-Money Laundering (AML) regulation for UK and related regulation, for example, European (EU), United States (US) and UK AML regulatory requirements, including (but not limited to) 3rd EU AML Directive, 4th EU AML Directive, 5th EU AML Directive, and Fund Transfer Regulation (FTR) 2015, United States of America (USA) Patriot Act, Bank Secrecy Act, and supporting regulations appropriate for UK TM

• Strong foundation in data analysis and management with proven analytical, judgment and research skills

• Experience with Financial Crime Compliance programmes, preferably within a banking environment and dealing with regulators, monitors, as well as internal and external audit

• Ability to document relevant information in a clear, structured, and comprehensive way and deliver in a timely manner

• Strong communication skills, both written and verbal

• Experience in implementation and understanding of TM systems, tuning and/or oversight of TM projects, for example, Mantas, Actimize, National Association of Securities Dealers Automated Quotations (NASDAQ) SMART or other market leading solutions is advantageous

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 and our teams

Deutsche Bank is the leading German bank with strong European roots and a global network.

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.