Risk & Typology Coverage Assessment (RTCA) Data Analyst

Job Title Risk & Typology Coverage Assessment (RTCA) Data Analyst

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 (AML), 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.

AFC Modelling United Kingdom (UK) who are responsible for developing and optimising methods and models to monitor clients’ transactional behaviour that aligns with the Bank’s risk appetite.

Reporting to the Vice President RTCA & Scope of Monitoring (SoM) AFC Modelling UK, you will be accountable for assessing AML risks linked to client activity – by assisting in a regular SoM exercise to determine the perimeter of what should be monitored in transaction monitoring (TM) in relation to inherent business product risks and determining the associated TM rules to be used to detect Money Laundering activity across these products for United Kingdom & Ireland (UKI) in line with the Bank’s risk appetite.

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

• Assist with the annual SoM assessment, linking back to the RTCA to ensure that all transactions and account types across UKI that should be monitored are being monitored

• As part of the SoM review, identify coverage gaps in current state TM to address the key AML/Counter-Terrorism and Proliferation of Weapon of Mass Destruction Financing risks inherent in the products and services offered by the Bank and to propose recommendations for closing observed gaps

• Support the annual RTCA across multiple lines of business (covering correspondent banking, retail, commercial, brokerage and trade finance) and multiple TM systems (Mantas and Smaragd)

• Ensure that the monitoring perimeter is identified and documented (transaction 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

• Where required, perform data quality issue root-cause analysis and data remediation activities

• Support the subject matter experts in AFC Modelling technology-related projects

Your skills and experience

• Previous relevant experience of direct experience in Financial Crime Compliance, Risk Assessment or Quality Assurance in Financial Services, Banking or Regulatory environment

• Working knowledge of a major market AML TM system, for example, Actimize or Oracle Mantas

• Proven track record of delivering quality output (technical documentation, presentations, communications) in a clear, structured, comprehensive way and in a timely manner

• Excellent communication skills, both written and verbal coupled with the ability to interpret complex requirements and to be a self-starter

• Experience of working on data related projects and understanding quality and data lineage frameworks would be desirable

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.