Job Title: Anti-Money Laundering (AML) Monitoring & Screening Control Lead

Location: London

Corporate Title: 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 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.

You will be joining the AFC Global Monitoring & Coverage UK team which is responsible for ensuring transaction monitoring (TM) coverage via TM models to monitor clients’ transactional behaviour aligns with the Bank’s risk appetite, identifying systemic transactional threats to proactively combat financial crime matters, and support New Product / Transaction Approval from a TM perspective.

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.

You can expect:

• Hybrid Working - we understand that employee expectations and preferences are changing. We have implemented a model that enables eligible employees to work remotely for a part of their working time and reach a working pattern that works for them
• 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

• Leading an annual Scope of Monitoring (SoM) exercise across multiple lines of business and multiple Transaction Monitoring (TM) Systems (Mantas and Smaragd) to ensure that all transactions and account types across United Kingdom and Ireland (UKI) that should be monitored are being monitored
• Lead an annual Risk & Typology Coverage Assessment across those same lines of business and TM systems to identify coverage gaps in current state TM to address the key Money Laundering / Terrorist Financing risks inherent in the products and services offered by Deutsche Bank
• Ensure that the monitoring perimeter is identified and documented, 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
• Identify money laundering, terrorist financing transactional risks to which Deutsche Bank is exposed in order to facilitate a risk-based approach for the design of TM and assess current production detection scenarios in order to determine level of existing coverage of identified risks
• Responsible for assessing TM coverage for new products / transactions, and where gaps are noted escalating them to the sponsors

Your skills and experience

• Excellent knowledge of Corporate Banking (CB) & Investment Banking (IB) products and their underlying Money Laundering (ML) risks
• Knowledge of AML TM systems particularly Oracle Mantas
• Extensive direct experience in Financial Crime Compliance, Risk Assessment or Quality Assurance in Financial Services, Banking or Regulatory environment
• Knowledge and understanding of AML regulations for the UK and able to lead teams in multinational financial organisations
• A Certified Anti-Money Laundering Specialist (CAMS) OR International Compliance Association (ICA) designation is preferable

How we’ll support you

• Training and development to help you excel in your career
• 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

About us

Deutsche Bank is the leading German bank with strong European roots and a global network. Click here to see what we do.

Deutsche Bank in the UK is proud to be named in The Times Top 50 Employers for Gender Equality and has been awarded a Gold Award from Stonewall and named in their Top 100 Employers.

If you have a disability, health condition, or require any adjustments during the application process, we encourage you to contact our Adjustments Concierge on adjustmentsconcierge@db.com to discuss.

We strive for a culture in which we are empowered to excel together every day. This includes acting responsibly, thinking commercially, taking initiative and working collaboratively.

Together we share and celebrate the successes of our people. Together we are Deutsche Bank Group.

We welcome applications from all people and promote a positive, fair and inclusive work environment.